Quick Take | Infosys Q4 FY24: Disappointment continues except for strong order bookings
Order inflows continued to remain strong and was the lone redeeming feature of the earnings report
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Bombay HC temporarily restrains Cognizant from using trademark logo identical to Atyati Tech
Before the court passed its order, Atyati Technologies argued that last year in October, the company was surprised to learn that the defendant (Cognizant Technology) was offering almost identical services relating to IT infrastructure, etc.
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Kotak Mutual Fund files draft document with Sebi for special opportunities fund
The minimum application amount for lumpsum, SIP, and additional purchase investments will be Rs 100, and any amount thereafter. The minimum redemption amount for all plans will be Rs 1,000 or 100 units or account balance, whichever is lower.
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Numax Realcom to invest Rs 1,000 crore in developing a township in Muzaffarnagar
Numax Realcon Consortium, a Delhi-based real estate developer, is set to invest Rs 1,000 crore in developing an integrated township in Muzaffarnagar, Uttar Pradesh. The project has received approval from the Muzaffarnagar Development Authority, allowing the construction of various facilities…
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Tesla’s Musk likely to unveil USD 2-USD 3 bn India investment during visit, sources say
India’s EV market is small but growing and dominated by local carmaker Tata Motors. EVs made up just 2% of total car sales in 2023, but the government is targeting 30% of new cars to be EVs starting 2030.
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NSE to launch Nifty Next 50 index derivatives this month, gets SEBI nod
The Exchange will offer a cycle of three serial monthly index futures and index options contracts. These cash-settled derivatives contracts will expire on the last Friday of the expiry month.
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