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Intel is bringing back free coffee and tea for employees. The company had cut several perks, including free beverages, to reduce costs. Intel also laid off thousands of employees and reduced reimbursements. The chipmaker hopes the return of free coffee and tea will improve employee morale.
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News and Media
Tata Motors Share Price: Tata Motors' shares rose 2% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25.
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News and Media
Swiggy is expected to finalize its IPO share allotment today, with its debut on the BSE and NSE scheduled for November 13. The IPO received a respectable three-fold oversubscription, and shares are currently trading at a slight premium in the unlisted market. The company plans to utilize the proceeds for investments in technology, brand building, and its subsidiary, Scootsy.
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News and Media
In the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on November 8, according to stockedge.com's technical scan data.
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News and Media
Indian Railway Finance Corporation (IRFC) and four other companies set November 12th as the record date for dividend eligibility. IRFC announced a dividend of Rs 0.8 per share. Other companies, including D-Link (India), Indraprastha Gas, PDS Ltd, and POWERGRID Infrastructure Investment Trust, also declared dividends.
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News and Media
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