Market valuation of 8 of top 10 most valued firms erode by over Rs 3 trillion
The combined market valuation of eight of the top 10 most valued firms eroded by Rs 3,09,244.57 crore last week.
The combined market valuation of eight of the top 10 most valued firms eroded by Rs 3,09,244.57 crore last week.
Tech giant Infosys is all set to expand its IT campus at Pocharam. The move will lead to the creation of 17,000 new jobs in Telangana.
Last week, the combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore.
IT major Infosys on Thursday reported 11.5 per cent increase in net profit at Rs 6,806 crore in the third quarter (Q3) this fiscal, from Rs 6,106 crore in the year-ago period.
The combined market valuation of five of the top-10 most-valued firms tumbled Rs 1,85,952.31 crore last week.
Rolls-Royce established a multidisciplinary engineering centre in Bengaluru, and this has been an integral part of Rolls-Royce Engineering and R&D services.
In 2010, the West Bengal government had allotted 50 acres of land in the city's neighbouring Rajarhat area to the company, but refused the proposal for SEZ.
Infosys COO Pravin Rao said the quantum of salary hikes will be identical to those seen in the previous years.
Infosys increased proficiency is backed by its large deals worth $3.15 billion in the quarter under review.
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