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US S&P 500 rises to an all-time high | Business Standard News

Read more about US S&P 500 rises to an all-time high on Business Standard. At the close of trade, the Dow Jones Industrial Average index advanced 19.10 points, or 0.06%, to 34,466. The S&P 500 index added 19.63 points, or 0.47%, at 4,239. The tech-heavy Nasdaq Composite Index rose 108.58 points, or 0.78%, to 14,020.
Tata Motors Labor Department On Federal Reserve Dow Jones Industrial Average Nasdaq Composite Index Labor Department

Auto stocks, RIL, IndusInd Bank in spotlight

On a consolidated basis, Reliance Industries (RIL) reported 108.36% surge in net profit to Rs 13,227 crore on 9.59% increase in net sales to Rs 149,575 crore in Q4 March 2021 (Q4FY21) over Q4 March 2020 (Q4FY20). EBITDA rose 1.9% quarter-on-quarter (QoQ) and it advanced 2.77% year-on-year (YoY) to Rs 26,602 crore in Q4FY21 over Q4FY20. The sequantial improvement was primarily due to improvement in O2C and retail businesses. The companys board also declared a final dividend of Rs 7 per share for...
Samir Seksaria V Ramakrishnan Ramki Tata Motors Indusind Bank Reliance Industries Ind Bank

Tata Motors transfers its defense business to Tata Advanced Systems

With effect from 01 April 2021Tata Motors has completed the transfer of its Defense business with effect from 1 April 2021 to Tata Advanced Systems (TASL) for an upfront consideration of Rs 227.7 crore (which is subject to closing balance sheet adjustments). The transfer has been completed through a slump sale as per Scheme of Arrangement approved by National Company Law Tribunal at Mumbai and Hyderabad. TML has been in the defense sector for several decades, and currently has a wide portfoli...
Andhra Pradesh Tata Motors National Company Law Tribunal At Mumbai Tata Group Tata Advanced Systems National Company Law Tribunal

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