HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation

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[ad_1] The Bank of Tokyo-Mitsubishi UFJ (MUFG) is getting ready to acquire a 20 per cent stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion, according to a report by the Economic Times. The deal is expected to be finalised at the HDFC Bank board meeting next … Read more

Google CEO Sundar Pichai on start-ups: ‘Always susceptible to someone in a garage…’

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[ad_1] Google CEO Sundar Pichai has been best known for his innovative method in driving the big-tech company through the years. In a recent interview at Stanford, Sundar Pichai said that start-ups trying to upend Google businesses have been a constant concern for him. “It’s a question which has always kept me up at night … Read more

TCS Q4 Results: Company reports net profit at ₹12,434 crore, revenue at ₹61,237 crore

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[ad_1] Tata Consultancy Services (TCS), the largest software services exporter in India, reported revenue of ₹61,237 crore in its earnings for the fourth quarter of FY24 today, on 12 April. The company’s profit after tax (PAT) rose by 9.1% (YoY). TCS reported consolidated net profit at ₹12,434 crore on a year-on-year basis for the quarter … Read more

TCS Dividend: Board recommends final dividend of ₹28/equity share; check details

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[ad_1] TCS Q4 Results: Tata Consultancy Services (TCS) announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Friday, April 12, and the board recommended a final dividend along with releasing the quarterly numbers. The board of India’s top IT services provider today recommended a final dividend of ₹28 per equity share for the face … Read more

TCS employee attrition: IT firm’s top performers receive double-digit hike, attrition cools to 12.5% from 13.1%

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[ad_1] TCS employee attrition: India’s largest IT firm, Tata Consultancy Services (TCS), has witnessed a drop in attrition rate to 12.5 per cent, indicating an improvement from the third quarter’s 13.1 per cent. The company’s annual increments for its workforce stood in double digits for its top performers. Despite the attrition rate dropping from last … Read more

TCS Q4 result: Revenue up 4%, profit rises 9% YoY; top 5 highlights from March quarter scorecard

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[ad_1] Catch TCS Q4 Results Live Updates The company said it saw the highest-ever order book in Q4FY24 despite global macro uncertainty. “We are very pleased to close Q4 and FY24 on a strong note with the highest-ever order book and a 26 per cent operating margin, validating the robustness of our business model and … Read more

IPL 2024 – Glenn Maxwell on Mayank Yadav: You don’t often see someone of his pace

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[ad_1] Glenn Maxwell has described the pace of Mayank Yadav as “pretty formidable” and believes the speeds he produced were the equivalent of former Australia quick Shaun Tait in his prime. Mayank’s stunning display earned him his second straight player of the match award and sent shockwaves to Australia given he bounced out Maxwell and … Read more