Sony Corporation issued a notice terminating the definitive agreements entered into by SPNI and ZEEL relating to the $10 billion merger, which was previously announced on December 22, 2021. While Sony cited the delay in the merger, there were conflicting views about the leadership of the combined entity by Zee’s MD & CEO Punit Goenka.
TCS is expecting some generative artificial intelligence- (AI) based deals in the next two quarters, but their sizes will not be big, its top official said.
With Wednesday’s decision, a 14.2-kg domestic LPG cylinder in Delhi will effectively cost Rs 603 for PMUY beneficiaries, while for other domestic consumers, it will continue to be priced at Rs 903.
Spot gold gained 0.2% to $1,892.02 per ounce by 0358 GMT, after touching its lowest since mid-March on Thursday. U.S. gold futures rose 0.4% to $1,921.90.
Revenue for the latest quarter was at Rs 60,583 crore against Rs 58,229 crore a year ago. Net margin was at 19.4 per cent.
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Overall investor wealth falls Rs 4.53 lakh crore to Rs 370.4 lakh crore
In a “significant” move, DGCA said regulations for watch duty time limitations and rest requirements for air traffic controllers have been implemented at 57 airports, including Amritsar, Coimbatore, Patna and Imphal.
The issue attracted bids worth Rs 21,698 crore and was oversubscribed by 4.34 times against the base issue size.
Oil edged lower on Wednesday ahead of a panel meeting of OPEC+ ministers, as the market weighed expectations of supply tightness against fears that high interest rates could reduce fuel demand.