UPI's rural push; India as software IPO destination
Happy Wednesday! The countrys central bank wants more rural users to log into Unified Payments Interface (UPI). This and more in todays ETtech Morning Dispatch.
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Happy Wednesday! The countrys central bank wants more rural users to log into Unified Payments Interface (UPI). This and more in todays ETtech Morning Dispatch.
Stocks to watch: Shares of firms like PB Fintech, HPCL, Godrej Consumer, LTIMindtree, Lupin, Gujarat Gas, and others will be in focus on Tuesday's trade.
Gujarat Gas Stock: In its Q4 results it reported 85.9 per cent year-on-year growth in standalone net profit to Rs 409.5 crore with a 5.2 per cent increase in revenue to Rs 4,134 crore for the March quarter.
Based on the OI percentage, 60 stocks saw long unwinding, which included REC, Crompton Greaves Consumer Electricals, BHEL, Dabur India, and Coal India.
Phaneesh Murthy is credited for restructuring iGATE and helping the company to acquire Patni Computer Systems for 1.22 billion dollars. Patni Computer Systems is the former employer of Narayana Murthy.