News digest: CJI's impeachment, shell companies, cash crunch, and more

With cash transactions routed through banks taking a hit due to a cash crunch, the rural economy is at the risk of a slowdown ahead of the monsoon

TCS propels Tata group into Rs 10-trillion club; shares hit lifetime high

Tata Consultancy Services (TCS) has played a stellar role in helping the Tatas to become the first private business group to enter the Rs 10-trillion market capitalisation league. This has happened because of the double-digit rally in the TCS share price in the current year.

Shares of TCS, the most valuable Indian company, on Friday closed at a lifetime high of Rs 3,406. At the current price, TCS is valued at Rs 6.52 trillion, or $98.52 billion, a whisker away from the $100-billion mark. Read more...

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