Persistent Systems CEO Sandeep Kalra’s remuneration surged 162% to a record ₹389 crore in FY26, driven largely by stock option exercises and rupee depreciation, making him the highest-paid executive in India’s IT sector.
Bank of America will invest in Jio Credit, which has built assets under management of ₹30,667 crore within two years of starting operations.
The short-term trend of the Nifty remains choppy with a weak bias. According to analysts, any decline towards 24,300 could present a short-term buying opportunity, while 24,600 remains an immediate resistance level to watch for a turnaround.
The Tata Group is far more than TCS, Tata Motors and Tata Steel. From technology and automobiles to jewellery, retail, power, consumer products, financial services and hospitality, the conglomerate has a presence across some of India’s biggest industries. As N…
Foreign investors snapped a three-session buying streak on Wednesday, but strong domestic institutional purchases helped deliver a combined net inflow of ₹4,839 crore.
GMR Airports returned to profit in the June quarter as revenue and EBITDA rose 24%. The board also approved plans to raise up to ₹5,000 crore.
Apollo Hospitals reported a 38.4% YoY rise in Q1 FY27 net profit to ₹610 crore and revenue grew 20.6% to ₹7,044 crore, exceeding poll estimates.
IRCON’s June-quarter profit fell to ₹92.7 crore despite higher revenue and EBITDA, while operating margin narrowed to 10.49% from 11.19% a year earlier.
Shares of UltraTech Cement Ltd ended at ₹11,836.00, up by ₹66.00, or 0.56%, on the BSE.
The index changes will take effect from September 30. Embassy REIT will also join the Nifty Next 100 and several other NSE indices.