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Tata Consultancy Services’ attrition rate for the last twelve months stands at 13% for the quarter under review. The IT giant’s headcount shrank by 5,370 in Q3 FY25 standing at 607,354. The company’s attrition rate was 12.3% in the previous quarter of the same financial year with a total workforce of 612,724. “We continue to

Indian equity markets fell on Thursday, January 09. The BSE Sensex dropped as much as 0.77% to 77,542.92 level while the NSE compiled Nifty 50 slipped 0.78% to an intra-day low level of 23,503, testing one of the important support levels. The Nifty 50 closed the session 0.69% lower at 23,526.50. The Sensex dropped 0.68%

By Indra Chourasia and Natarajan R The Securities and Exchange Board of India (SEBI) has been considering a reframing of ownership and economic structure of clearing corporations (CCs) in the equities markets to diversify their ownership. Currently, these CCs operate as 100% owned subsidiaries of their parent exchanges.  Given the vital risk management role played

Indian shares dropped on Thursday, with heavyweight HDFC Bank leading the decline, as anxiety over a likely moderation in third-quarter corporate earnings sapped investor confidence. The Nifty 50 fell 0.69% to 23,526.5, while the BSE Sensex shed 0.68% to 77,620.21. The broader, more domestically-focussed smallcaps and midcaps dropped 1.4% and 0.9%, respectively. Blue-chip indexes have

IT major Tata Consultancy Services (TCS) on Thursday announced an interim dividend of Rs 10 and a special dividend of Rs 66 per equity share of Rs 1 each of the company.  In a regulatory filing, TCS said, “We would like to inform you that at the Board Meeting held today, the Directors have declared

Crude oil remained stable. Brent Crude futures showed a down move of 6 cents and touched $76.1 per barrel. Similarly, US West Texas Intermediate crude futures were down by 5 cents and reached $73.27.  There were strong expectations of increased demand for winter fuel, particularly due to colder weather in the Northern Hemisphere, that usually

Barflex Polyfilms, a player in the flexible packaging industry, is set to open its IPO on January 10. As investors eagerly await this IPO, let’s take a closer look at the key details of the offer and what it means for potential investors. Here’s everything you need to know about the upcoming IPO: Barflex Polyfilms

The NTPC Green Energy shares have fallen almost t 4% to an intraday low of Rs 120.50. This is in sync with the trend seen across the power stocks in the market today.  Power stocks are under pressure and stocks that saw a big dent include Reliance Power (5%), Reliance Infra (4.8%), PTC India (3.7%)