Skip to main content

Featured Post

A Comprehensive Guide What Are the Best Stocks to Buy on the NSE?

  Introduction   India’s National Stock Exchange (NSE) is one of the world’s most dynamic value markets, advertising speculators introduction to a wide cluster of sectors—from data innovation and pharmaceuticals to buyer merchandise and budgetary administrations. As the Indian economy proceeds to develop, numerous retail and organization financial specialists ponder which stocks merit a put in their portfolios. Whereas there is no one ‑ size ‑ fits ‑ all reply, a taught approach that centres on essentials, valuation, and macro ‑ economic patterns can offer assistance you recognize high ‑ quality companies with solid development prospects.   Understanding the NSE Scene Metric What It Means for Investors Market Capitalization Large ‑ cap stocks (₹10,000 crore +) tend to be more liquid and less volatile, while mid ‑ caps and small ‑ caps can offer higher growth but come with greater risk. Liquidity (Average Dail...
Post a Comment

HCL chairman Shiv Nadar resigns, daughter Roshni Nadar will assume responsibility






Shiv Nadar, chairman of tech company  HCL Technology, has resigned from his post. Now Shiv Nadar's daughter Roshni Nadar Malhotra will take over as the chairman of the company. The company has given this information in a regulatory filing on Friday. According to the regulatory filing, the Board of Directors has appointed Roshni Nadar Malhotra as the chairman of the board and the company. Roshni was a non-executive director at the company. The filing states that Shiv Nadar will continue to be the company's Managing Director (MD) and Chief Strategy Officer.



According to the regulatory filing, the company reported a profit of Rs 2925 crore in the first quarter of the current financial year. This is 31.7% higher than Rs 2220 crore in the year-ago period. This year HCL's revenue grew 8.6 per cent to Rs 17,841 crore. The company's revenue was Rs 16,425 crore in the same period a year ago. However, it was 4% lower than the 18,590 crores in the March quarter. HCL Technology President and CEO C. Vijayakumar said that adverse conditions had negatively impacted revenue in the first quarter and recorded a decrease. He said that the flexible operating model has helped us deliver operating margins and cashflows. He said that the company has some good bookings including 11 new deals.


The company has announced a dividend of Rs 2 per share to its shareholders. The company had 1,50,287 employees at the end of the June quarter. It also includes 7005 new employees. The company's attrition has been 14.6 per cent based on the past 12 months.



Labels:

Comments

  1. Rama Shankar mahobiyaJuly 18, 2020 at 8:38 PM

    आपके चरण कहां है, जहां पर भी है मैं सष्टांग प्रणाम करता हूं।

    ReplyDelete

Post a Comment

Popular posts from this blog

Know All About Sovereign Gold Bond Scheme (SGB)

    The first time Sovereign Gold Bond Scheme was first introduced by the Government of India in the Union Budget of 2015-16. It was introduced by the Government of India to reduce the demand for the physical gold form and a part of this physical gold is bought every year in the form of gold bands for the purpose of invest in SGB.   Latest on Sovereign Gold Bond Scheme    A tenth tranche of the buy SGB Series – The Sovereign Gold Bond Scheme 2021-22 - Series X in which the Reserve Bank of India (RBI) sell gold bonds linked to the market price of gold on behalf of the government made available for investment will be open for buy SGB for the period from February 28th to March 4th.   What is Sovereign Gold Bond?   The Sovereign Gold Bond is an initiative taken by the Government of India to reduce the demand for physical gold as per the Reserve Bank of India as the increasing import of gold is affecting the growth and investment of India. Large quantities ...
Post a Comment
Read more

Know that senior citizens get many special concessions in income tax

  People above 60 years of age, i.e., senior citizens, not only get the benefit of income tax exemption but also receive special relief from income tax on investments and returns. Elderly citizens do not have to pay any income tax on income up to Rs 3 lakh.   Exemption in tax limit under 80C limit: The tax exemption limit for old citizens in a financial year is Rs 3 lakh, while a common man gets tax exemption only up to Rs 2.5 lakh. For very senior citizens who are above 80 years of age, it is Rs 5 lakh. That is, if the annual income of a senior citizen is up to Rs 3 lakh and TDS has not been deducted, then he need not file an income tax return. Similarly, very senior citizens need not file income tax returns if they do not have an annual income up to Rs 5 lakh.   If the age is more than 75 years then no return is required: Those above 75 years of age are not required to file tax returns. There is no any need to file ITR for people above 75 years of age who are ...
Post a Comment
Read more

What is the Orange Economy? Top Sectors to Invest in 2026.

  In a time when mechanization and machine learning are changing conventional businesses, a flourishing portion of the worldwide economy is illustrating that human resourcefulness is still a important asset. The "Orange Economy"—also known as the imaginative economy or social industries—has played a major part in protecting culture, making occupations, and developing the economy. But what is this energetic thought, and why is it picking up conspicuousness in discussions almost worldwide development?   What is the Orange Economy?   The express "Orange Economy" was at first utilized by previous Colombian President Iván Duque Márquez and previous Culture Serve Felipe Buitrago. Concurring to the Inter-American Improvement Bank, it is "the organize of interconnected forms through which thoughts are turned into social merchandise and administrations whose esteem is decided by mental property."   Orange was particularly picked since it has been related with devel...
Post a Comment
Read more