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22 Oct 2016 | 4:59 AM
Research Report

Equity Research Report: Religare Morning Digest

We believe the ongoing selling pressure will continue and the Nifty would test its immediate support around 7650 mark shortly.
17 Oct 2014 | 07:00 AM

Corporate News: 

TCS reported Profit After Tax (PAT) of Rs 5,244 crore, up 13.2% YoY & 5.8% QoQ. Its sales for the second quarter stood at Rs 23,816 crore versus Rs 22,111 crore QoQ. TCS will pay a dividend of Rs 5 per share. TCS' board also approved merger of company with CMC. CMC shareholders will get 79 TCS shares for every 100 held.

Ashok Leyland has received an order worth $17 million (around Rs 104 crore) to supply 630 buses to Sri Lankan operators.

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