Banks, IT lift Sensex 355 pts higher, Nifty atop 17,100; auto, pharma dip

CLOSING BELL: IT major TCS ended marginally in red amid high volatility a day after Gopinathan's resignation. In the broader markets, realty stocks also ended with solid gains.

1:39 PM

Indian startups have deposits of about $1 bn in SVB: Deputy IT minister

Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country's deputy IT minister said he had suggested that local banks lend more to them going ahead. READ MORE

1:28 PM

Zee Entertainment calls report of $10 mn repayment 'speculative'; stock down 3%

In a report on Thursday, Bloomberg said that the media company has agreed to repay its dues to the IndusInd Bank to resolve insolvency proceedings against it. READ MORE

1:18 PM

BSE 500:: Jubilant Pharmo, Laxmi Organic, KPIT Tech among top gainers

Jubilant Pharmonova up 9.2 per cent was the top gainer among the BSE 500 stocks so far on Friday. It was followed by Laxmi Organic, HLE Glascoat, KPIT Technologies and Kalyan Jewellers, up 5 - 8 per cent each.

1:04 PM

Stock of this IT company has zoomed over 1,200% in 3 years

On Wednesday, KPIT Technologies announced its partnership with Honda to realize the journey of Honda's Software-Defined Mobility (SDM). READ

12:54 PM

Stronger buffers for Indian bank deposits as world faces financial crisis

American regulators shut down Silicon Valley Bank on March 10, allowing depositors access to their money three days later. READ

12:44 PM

BS SPECIAL: What is behind the improvement in consumer sentiments?

12:35 PM

Cola war looms as Campa returns; distributors fear for their margins

In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana. READ

12:35 PM

ALERT :: Bharti Airtel launches introductory 'Unlimited data' offer for its 5G customers

>> All postpaid customers and those prepaid customers with a data plan of Rs 239 and above will be able to avail of the offer. The Airtel 5G Plus service is available to customers in over 270 cities in the country. 

12:25 PM

Gopinathan's resignation will not hurt TCS much; add stock on dips: Experts

Analysts caution against the near-term volatility in the stock price as the development comes amid a challenging macro-environment including fears of a potential recession in the US. READ

12:16 PM

ALERT: US regional bank exposure said to be highest at TCS, Infy among Indian IT cos

12:07 PM

Bank rescues ease crisis fears but investors worry it's not enough

The package came less than a day after Swiss bank Credit Suisse clinched an emergency central bank loan of up to $54 billion to shore up its liquidity. READ

11:58 AM

A quarter or two might be tough, but growth will be back: TCS CEO designate

The macroeconomic difficulty in India might remain for a quarter or two, but growth will come back. Tata Consultancy Services (TCS) chief executive officer (CEO) designate K Krithivasan said on Friday. READ

11:46 AM

Vinod Adani part of promoter group of various listed firms: Adani Group

Adani Group on Thursday said that Vinod Adani, the elder brother of group founder Gautam Adani, is a part of the promoter group. This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report. READ

11:36 AM

BPCL, HPCL, IOC: Brent crude fall may trigger short-term rally in OMCs

BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour. READ MORE

11:27 AM

Thomas Cook gains 1% after the launch of resort in Chail, Himachal Pradesh