Tech-major Infosys reported net profit at Rs 5,421 crore beating street expectations by over 3 percent. Reliance Industries on Wednesday said it regretted being drawn into the ongoing dispute between Zee Entertainment and Invesco, and that media reports around its offer for Zee were inaccurate. Prime Minister Narendra Modi launched a Rs 100 lakh crore national master plan for multi-modal connectivity that aims to develop infrastructure to reduce logistic costs and boost the economy. For all these stories and everything in between, here are some top news of the day
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BUSINESS
Infosys net profit beats Street estimates
Tech-major Infosys reported net profit at Rs 5,421 crore beating street expectations by over 3 percent. Its revenue numbers met expectations while margins rose by 120 basis points.
Wipro profit rises 19% YoY
IT major Wipro reported a 19 percent jump in consolidated net profit to Rs 2,930 crore for the second quarter ended September 2021. Its revenue from operations increased by 30 percent to Rs 19,667 crore. Check out details
Had made a fair offer to Zee; never resort to hostile takeovers: Reliance Industries
Reliance Industries on Wednesday said it regretted being drawn into the ongoing dispute between Zee Entertainment and Invesco, and that media reports around its offer for Zee were inaccurate.
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