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The country's largest information technology exporter is the first among peers to report earnings for the second quarter, with investors looking at the bellwether to gauge the outlook for the sector that has had a stellar run in the past one year.
The state government has allotted 36.84 acres of land to TCS Ltd for setting up a unit for Electronics Hardware & IT/ITES in KINFRA Electronics Manufacturing Cluster, Kakkanad, Kochi.
The five-seater mid-size model would be on display at MG showrooms from September 19, and bookings will start soon thereafter.
After touching a lifetime high of 57,625.26 during the session, the 30-share BSE Sensex ended 662.63 points or 1.16 per cent higher at its record close of 57,552.39.
The three areas where the demand for IT peaked during the pandemic are education, health and retail.
Even domestic players have risen up to the occasion and are now actively pursuing tie ups along with growing their technical prowess.
Indian shares hit record highs on Friday, boosted by financials and energy stocks, as more states lifted pandemic restrictions and US inflation data allayed investors' worries.
The new guidelines require the banks to remind the account holders of the auto-pay at least a day in advance and get their permission before paying.
A bench of Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian said it is allowing the appeals filed by Tata Group.
The general stance is that work at offices need resume only after at least half of the people are vaccinated against COVID-19.