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Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 13.9 points or 0.05% at 27360.55 at 13:49 IST. Among the components of the S&P BSE IT Sector index, Indiamart Intermesh Ltd (down 2.31%), 3i Infotech Ltd (down 2.17%),Cyient Ltd (down 1.73%),Accelya Solutions India Ltd (down 1.54%),Infibeam Avenues Ltd (down 1.35%), were the top losers. Among the other losers were Mphasis Ltd (down 1.24%), Mindtree Ltd (down 1.04%), Cerebra Integrated Technolo...

Read more about Snowman Logistics partners with Dr Reddys for Sputnik vaccine across India on Business Standard. Snowman said it has entered in a strategic partnership with Dr Reddys to provide end-to-end logistics solutions for delivery of the two-dose Sputnik Covid-19 vaccine across India

Read more about TCS, Sun Pharma, Eicher Motors in focus on Business Standard. Tata Consultancy Services (TCS) said that the company has completed acquisition of GEs stake in TCS Saudi Arabia on May 26.

Infosys announced its collaboration with the Centre for Accessibility Australia to help drive awareness and inspire a more accessible and inclusive community via the Australian Access Awards. Following the success of the awards launch in 2019, the Centre for Accessibility Australia supported by Infosys is hosting this bi-annual event to recognise organisations and individuals that are committed to optimising digital access in their campaigns, services or resources. An integral part of this col...

The US stock market finished lower for third session in row on Wednesday, 19 May 2021, as a steep fall in cryptocurrencies and as the Federal Reserve minutes showed the US central bank inching closer to a possible shift in future monetary policy. At the close of trade, the Dow Jones Industrial Average index declined 164.62 points, or 0.48%, to 33,896. The S&P 500 index was down 12.15 points, or 0.29%, at 4,116. The tech-heavy Nasdaq Composite Index dropped 3.90 points, or 0.03%, to 13,300. Tota...

Read more about Shares trade with modest gains; Nifty hovers near 14,700 on Business Standard. The key equity barometers were trading with modest gains in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 201.14 points or 0.41% at 48,878.69. The Nifty 50 index gained 72.80 points or 0.50% at 14,690.65.

Wipro announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of a 55 per cent reduction in GHG emissions by 2030 in absolute emission levels compared to its base year of 2016-17 (April-March). These targets are based on the globally accepted Science Based Targets initiative (SBTi) and reflect the deep d...

HDFC Bank reported 18.2% rise in net profit to Rs 8186.50 crore on 16.4% increase in net revenues to Rs 24714.10 crore in Q4 March 2021 over Q4 March 2020. HDFC Bank said that the board of directors of the bank, has granted an enabling approval to the bank for issuance of Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (financing of infrastructure and affordable housing) up to a total amount of Rs 50,000 crores in the period of next twe...

Read more about Bharti Airtel announces new corporate restructures on Business Standard. To focus on four distinct businesses - Digital, India, International and Infrastructure

Read more about Market nudges higher in early trade on Business Standard. Key benchmark indices are trading higher in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 171.84 points or 0.34% at 50,566.92. The Nifty 50 index was up 45.10 points or 0.3% at