Page 289 - Bs Reporter

Cognizant revises revenue guidance for CY22 as digital deals drive growth

But the forecast at 7-9% does not match Infosys' 12-14%; While TCS does not give guidance, its management is sure of double-digit growth

Adani Transmission PAT up 82% at Rs 1,290 cr in FY21 despite dip in revenue

The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis

US-listed Emerging Markets ETFs see 26th straight week of inflows

Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week

Irdai issues guidelines for a standard domestic travel insurance product

Rollout on July 1, five plans on offer depending on mode of travel

Ola Electric announces appointment of Wayne Burgess as head, vehicle design

Burgess has spent almost three decades designing vehicles for the majority of British premium automotive manufacturers

RBL Bank net declines 34% in Q4 on higher provisions, drop in NII

Its profit after tax for the reporting quarter stood at Rs 75 crore against Rs 114 crore in the year-ago period

L&T Infotech Q4 net profit rises 28%; declares final dividend of Rs 25

Revenue for Q4FY21 grew 8.5% at Rs 3,269 cr

Bajaj Group pledges an additional Rs 200 crore for Covid-19 relief

Recently, the group aided in the procurement of 12 oxygen plants to provide more than 5,000 LPM (Litre Per Minute) of oxygen supply to rural and urban hospitals

Accenture pledges $25 mn towards pandemic relief for staff, communities

Firm has 24x7 telemedicine, care-at-home, higher insurance cover, virtual childcare, mental health support, and testing and vaccination infra for employees

Amid metal rally, SAIL's stock price rises 50% in one month

Analysts at Equirus believe the SAIL stock is 'poised for a big leap' with key triggers being capacity expansion, more room for price increase and captive iron ore resources

PowerGrid Infrastructure Investment Trust IPO subscribed 4.83 times

Institutional and non-institutional portions were subscribed 4.6x and 5.1x

Covid-19: Introduce 'work from home' to break the chain, says CII chief

Several companies have already announced WFH even as several key cities like Mumbai, Delhi and Bangalore go through a massive healthcare crisis due to lack of oxygen, doctors and medicines

RBI imposes Rs 3 cr fine on ICICI Bank for violating certain rules

The central bank said it found contravention of norms in the matter of 'shifting of securities from one category to another'

'Only 7% property registrations in Mumbai in April new residential sales'

Fresh demand was affected due to the second wave of the Covid pandemic and expiry of the reduced stamp duty period, according to Knight Frank India

Brookfield InvIT expects data to drive revenue

Trust seeks unitholders nod to change name to Data Infrastructure Trust

Godrej Properties posts loss of Rs 192 cr in Q4, total income falls 60%

The company said it recorded the highest ever quarterly collection of Rs 2,041 crore

Capgemini commits Rs 50 cr to augment medical infrastructure in India

Capgemini is in discussions with various State governments to set up healthcare facilities across those cities where Capgemini has its presence

Gujarat: Essar joins Covid fight; sets up 100-bed hospital

The 100-bed centre was virtually inaugurated by the Chief Minister of Gujarat, Vijay Rupani

Boeing announces $10-million aid as coronavirus cases explode in India

Boeing will partner with local and international relief organisations and deploy the emergency fund in the areas of greatest need

TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today

Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement