Tata Consultancy Services (TCS) has reported 7.3 per cent year-on-year (YoY) increase in consolidated net profit for the quarter ending 31 March, 2022 at Rs 9,926 crore as more businesses across the world leaned on technology and related services to drive their operations. The company's revenue rose 16 per cent YoY to Rs 50,591 crore.
The Reserve Bank of India (RBI) has announced that the market trading hours are amended in view of easing COVID-19 situation in the country to their pre-pandemic timing.
Shares of fintech major Paytm jumped over 14 per cent to hit an intraday high of Rs 701.85 on BSE. Currently, the stock is down 64 per cent from its all-time high of Rs 1,961.05.
Bank of Baroda (BoB) today said that it has raised the marginal cost of funds-based lending rates (MCLR) by 0.05 percentage points across tenors with effect from April 12, 2022.
The cryptocurrency markets slipped in the last 24 hours. The global market cap went down by 2.07 per cent in the last 24 hours and was at $1.94 trillion as of 8:00 AM IST, CoinMarketCap data showed.