KPIT technologies declares a final dividend of Rs. 2.65

KPIT Technologies advances close to 7% as the company declares a final dividend of Rs. 2.65, Good news for Long Term Investors

In April 2019, KPIT Technologies, previously KPIT Engineering, separated from Birlasoft. Recent contract wins helped KPIT Technologies’s cloud business unit increase by 20.8 percent (Quarter over Quarter) and 49.8 percent (Year over Year), according to a report that was just released by the brokerage. Choice said that the company had obtained new contracts with a…

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TCS IPO

TCS Q4 Results: Profit increases 15% year over year to Rs. 11,392 crore; dividend of Rs. 24 per share declared

Tata Consultancy Services (TCS), the largest exporter of software services from India, today stated that its March quarter revenue increased by 16.9% year over year (YoY) to Rs 59,162 crore and that its profit increased by 14.76% YoY to Rs 11,392 crore. The top and bottom line numbers fell short of street projections. TCS Q4…

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Silicon Valley Bank: The largest bank closure after the 2008 Lehman Brothers financial crisis

Once the Silicon Valley Bank (SVB) ceased operations, venture capital investors inquired with domestic entrepreneurs, particularly those based in the United States, about how much of their money is held at SVB Financial Group. Silicon valley bank news Silicon Valley Bank is a preferred lender for the vast majority of startups and venture capital firms in…

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