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Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.
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Spains state-owned shipbuilder Navantia is in exclusive talks to buy the Belfast-based shipyard.
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HCL Tech Q2 Results: Company exceeded expectations with an 8.2% YoY revenue increase to Rs 28,862 crore and a 10.5% jump in profit to Rs 4,235 crore. Both figures surpassed analyst estimates. The company projects continued growth, forecasting a 3.5%-5% rise in revenue and an 18%-19% EBIT margin for the coming year. Chairperson Roshni Nadar Malhotra emphasized HCL Tech's commitment to sustainable growth and upskilling its workforce in next-generation technologies.
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