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The Bombay Stock Exchange in Mumbai. Of the top five IT stocks, barring Wipro Ltd, all the stocks have logged strong gains for the year to date, are trading above their five-year historical average. Photo: HT

Fri, Apr 27 2018. 10 03 AM IST

IT stocks back in vogue, but still a long way to go for pharma

BSE IT index has risen 19.86% so far this year, making it the top-performing index for the year to date

The three companies together have more than $12 billion in cash, in addition to generating about $7.5 billion in cash every year, suggesting that these companies have enough cash to reward their shareholders. Photo: Mint

Thu, Apr 26 2018. 11 55 PM IST

Top three IT firms returned $9.75 billion to investors in FY18

The decision to return money to shareholders, through dividends and share buyback, also appears to have contributed to a reversal in performance of these stocks

Bombay high court asked the tax department to reply on whether it has jurisdiction to issue show cause notice when these had already surrendered their tax exemption status. Photo: Hindustan Times

Thu, Apr 26 2018. 11 12 PM IST

Bombay high court stays tax notices to Tata Trusts

The Bombay high court today stayed income tax show cause notices issued to six Tata Trusts, including Navajbai Ratan Tata Trust. The court will hear the matter again on 15 June

Sreelakshmy Govardhanan will perform Kuchipudi in Delhi.

Thu, Apr 26 2018. 07 13 PM IST

When the world dances together

Indian and foreign troupes will be celebrating World Dance Day in every big city this weekend

TCS CEO Rajesh Gopinathan. Photo: PTI

Thu, Apr 26 2018. 07 05 PM IST

TCS 1st Indian company to close trading session with $100 billion market cap

TCS had became the first Indian IT company on Monday to cross the $100 billion mark in market capitalisation in intra-day trade but had closed the session at about $98.8 billion

Wipro CEO Abidali Neemuchwala. Photo: Hemant Mishra/Mint

Thu, Apr 26 2018. 10 03 AM IST

Our core strategy is working and showing healthy growth: Wipro CEO

Wipro CEO Abidali Neemuchwala expected Wipro to return to industry-matching year-on-year (y-o-y) growth by March, but its fourth quarter growth is lesser than its peers

The BSE Sensex was trading flat in early trade on Thursday. Photo: Mint

Thu, Apr 26 2018. 09 43 AM IST

Market wrap: Sensex vaults over 200 points, Nifty tops 10,600 at end, Yes Bank top performer

The BSE Sensex and NSE Nifty 50 marked their highest close since 5 February on Thursday. Here are the main highlights from the markets today

Axis Bank, Biocon and Yes Bank among the companies that will be announcing March quarter earnings today. Photo: Mint

Thu, Apr 26 2018. 08 12 AM IST

Opening bell: Asian markets open higher; Bharti Infratel, Axis Bank, Biocon in news

Asian markets were mostly up in early trade on Thursday, likely taking cues from modest gains on Wall Street, where the Dow closed higher for the first time in six sessions

Starting 18 May, potential bidders can submit bids for the 292-room five-star hotel. Photo: Ramesh Pathania/Mint

Wed, Apr 25 2018. 11 13 PM IST

Taj Mansingh auction to now begin on 19 June

The New Delhi Municipality Council (NDMC) in a notice today said potential bidders can submit bids for the 292-room five-star hotel currently operated by the Indian Hotels from 18 May

Tata Motors managing director Guenter Butschek. Photo: Abhijit Bhatlekar/Mint

Wed, Apr 25 2018. 11 11 PM IST

Turnaround will continue in fiscal 2019: Tata Motors

Turnaround mindset needs to get into the DNA of the company, says Tata Motors managing director Guenter Butschek

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