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TCS to consider buyback of shares in board meeting on October 11

The last instance when TCS proposed a buyback plan was in March 2022. The buyback share price was Rs 4,500 per share

Back-to-back launches in balanced hybrid space as MFs explore new options

After 360 ONE, Whiteoak launches funds in the less-known category

CRISIL Ratings places Vedanta under watch with negative implications

The agency mentioned that the ratings might be downgraded if Vedanta cannot reduce its end-of-year financial leverage to below 2.7 times through the asset monetisation route

PGIM India forays into Rs 8-trn AIF space with Category III fund launch

Fund to focus on multi-year growth trends, identifies discretionary consumption, manufacturing as top themes

Microsoft adds four more Indian languages to Microsoft Translator

With this recent addition, Microsoft Translator now supports a total of 20 Indian languages

Hitachi Energy's largest global tech, innovation centre comes up in Chennai

Facility will house over 2,500 technologists specialising in transformers and grid automation

TCS to modernise unemployment claims system of US state of Georgia

Company will bring in web-based platform to apply for unemployment insurance benefits

HDFC Bank disburses Rs 48k crore home loans in Q2, Casa ratio falls

The bank's retail loan book surged 85 per cent over the previous quarter and 111.5 per cent over the same period year ago

KKR holdings opens new office in Gurugram for global operating model

This recent venture marks KKR's second establishment in India, reflecting the pivotal role the Asia Pacific assumes in its overarching strategy

RBI forms external working group on expected credit loss framework

The group's mandate includes outlining the principles banks must follow when creating credit risk models for evaluating and quantifying expected credit losses

TCS announces multi-year tech support deal with British retail firm Asda

Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes

Q2 advances: Federal Bank to BoM, banks clock healthy double-digit growth

The pace of loan growth for these lenders was higher than the 15.1 per cent Y-o-Y growth in advances of the banking system until 8 September 2023, according to Reserve Bank of India's data

Polycab India, Lodha, Shriram Finance, and PFC may migrate to largecaps

Further, Mazagon Dock, Suzlon Energy, Lloyds Metals and SJVN could migrate from smallcap universe to midcap universe, as per an analysis done by Nuvama Alternative & Quantitative Research

JSW Infra gains 32% on market debut; Finolex Cables withholds results

Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt

IL&FS Group announces discharging debt worth Rs 35,650 cr by Sept 23

Company discharged the debt by way of monetisation of assets, auto debits by banks

Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules

The product will be manufactured at Marksans Pharma's formulation manufacturing facility in Goa, India

Ajay Maken appointed as new Congress treasurer, replaces Pawan Kumar Bansal

Maken served as a minister under Delhi Chief Minister Sheila Dikshit, as the Speaker of the Delhi Legislative Assembly

Zee Entertainment merger expected in 'months ahead': Sony Group

The transaction was initially expected to be closed by the end of September

Shreyas Shipping stock falls after counter offer; Juniper Hotels files DRHP

Juniper Hotels, which runs hotels under the Hyatt brand, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi)

Higher pension: EPFO extends deadline to upload wage details till 31 Dec

Till 12 July this year, close to 1.8 million pensioners have applied for the higher pension option, of which 5.52 lakh applications for validation of option/joint options are still pending