HCL Tech’s board has approved the proposal to buy back up to 36.4 million equity shares for an aggregate amount not exceeding Rs 4,000 crore, i.e, 2.6% of total paid-up equity share capital, at Rs 1,100 per share.
With new Vallam Vadagal facility ramping up, it can do a production of 950k units in FY19 . RE has started work towards phase 2 of its new plant and will have exit capacity of 1.2 mn per annum eventually, post which it will h
Giving an update on Vision 2022, Westlife’s management in the analyst meet highlighted that the company remains on track to expand to 450-500 restaurants, 300-350 McCafes and 300-325 McDelivery hubs by FY22.
Solid all-round performance, modest improvement in industry-leading working capital position, sharp jump in FCF (up 42% YoY) and 900 bps jump in RoE YoY were the key highlights of HUL’s FY18 performance.
Amidst headwinds of rising commodity prices, rupee depreciation, intensifying competition and challenges of integrating relatively lowermargin Lloyd business, HAVL has been able to sustain margin in FY18 (30 bps improvement i
Kotak Mahindra Bank’s Q4FY18 PAT at Rs 1,120 crore was marginally lower than our estimate as it took a one-time hit of Rs 82 crore on employee expenses and did not avail RBI dispensation on amortization of mark-to-market lo
TCS reported double-digit USD revenue growth (last seen in Q4FY15) on 7.6% y-o-y growth in CC terms. We expect strong deal wins even in an ailing vertical like Retail and bottoming out of challenges in BFS/NA to drive high si
On April 6, 2018, USCIS announced that it has received more than enough H-1B petitions to meet the numerical limit for fiscal year 2018 cap-subject H-1B visas, which includes both the 65,000 general H-1B cap petitions as well