The dispute escalated following a petition submitted by Srinivasan and Singh on September 25, which raised governance concerns within SDTT-the single largest shareholder in Tata Sons, holding a 27.98% stake.
Dividing the quarter's revenue by year-end headcount, L&T Tech's revenue per employee for the quarter was about Rs 12.65 lakh, against Rs 11.62 lakh a year ago.
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
Gold prices in Delhi rose to Rs 1,50,300 per 10 grams ahead of Dussehra. With festive buying gaining momentum, investors and jewellery buyers are watching whether prices will climb further before Diwali.
While Nirmal Bang is the most optimistic among the five brokerages, with a target price of Rs 1,000, Anand Rathi and ICICI Securities have placed greater emphasis on the time required for a sustained post-merger recovery.
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