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Important news, must-read stories on NDTV Profit on Friday.
TCS's revenue rose 1.1% quarter-on-quarter to Rs 61,237 crore. Profitability margin expanded 97 basis points to 25.99%.
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In March, India's Consumer Price Index-based inflation stood at 4.85%, with food and beverage inflation coming in at 7.68%.
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MUFG will likely pick 20% stake in HDB Financial, valuing it at $7-10 billion.
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Vodafone Idea has filed a red herring prospectus for its upcoming follow-on public offer to raise up to Rs 18,000 crore.
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Paisalo Digital extended three loans totaling Rs 12 crore to the trust. The loans carried an interest rate of 17% per annum and were repayable in 60 monthly installments.
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After the negotiations, a settlement was reached according to which the management agreed to revise technicians' pay and amend the new Service Level Agreement, among other things.
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While government officials will be meeting the Tesla CEO, some industry stakeholders may also be invited, according to people with knowledge of the matter.
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