The consolidated net sales reported in Q2CY20 came in at Rs 3050.48 crore, which increased by 1.65 per cent YoY from Rs 3,000.85 crore in Q2CY19.

ITC informed that it has acquired spices maker Sunrise Foods Private Limited (SWPL) in an all-cash deal valued at Rs 2,150 crore. The announcement was made after the trading hours on Monday. 

Considering the daily timeframe, the stock has given a downward sloping trendline breakout formed by connecting swing highs since July 07, 2020. With this trendline breakout, the ADX, which shows the strength of the trend, turned upside and moved above the -DI.

The net sales reported in Q2CY20 came in at Rs 710.5 crore, which declined by 5 per cent YoY from Rs 747.9 crore in Q2CY19.

Info Edge (India), one of the most active investors among early-stage tech start-ups in the country, announced that it was investing around US$ 6.33 million in Bulbulive Shopping Network Private Limited, a video and live stream-led commerce platform.

Tata Steel informed the bourses on Tuesday that it has flagged-off the first raw material consignment of ferrous scrap on July 24 for trials at its steel recycling plant that is being set up in Rohtak (Haryana). The said plant has 0.5 MTPA scrap processing capacity, which is expected to commence soon

Bulls were in charge during the afternoon trading session as buying was witnessed in mainly IT, banking, cement, and auto stocks. As stocks rallied, Indian benchmark indices such as Sensex surged by 1.47 per cent or 558.22 points to close at 38,492.95 while Nifty rose by 1.52 per cent or 168.75 points to settle at 11,300.55.

The fund, once the darling of investors, looks like a pale shadow of its yesteryears.

SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) on Tuesday launched IRCTC SBI Card on RuPay platform.The new card has been designed to reward frequent railway passengers. It also offers savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.

Wipro Limited announced on Tuesday that it has selected Google Cloud as the cloud provider for its enterprise-wide SAP footprint. This engagement will bring SAP applications and workloads to the cloud to support Wipro’s 1,80,000 employees. This latest collaboration solidifies the strategic relationship between the companies as they roll out two major initiatives across Wipro’s global organisation