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On August 1, Nifty closed above 25000 at all-time high, Nifty Bank closed slightly lower

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Nifty closed above 25000 at all-time high,

On August 1, 2024, the Nifty 50 closed at an all-time high of 25,010.90, surpassing the 25,000 mark for the first time. It reached an intraday high of 25,078.30 during the trading session. Nifty 50 breached the 25,000 mark for the first time, establishing a new all-time high. The index showed some volatility but maintained Read more: On August 1, Nifty closed above 25000 at all-time high, Nifty Bank closed slightly lower..

Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations

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Tata Motors Q1 FY25 reports net profit boosts 74% YoY

Tata Motors Q1 FY25 results have exceeded expectations, with a net profit of Rs 5,566 crore, a substantial 74% increase compared to the same period last year. This figure surpassed analyst estimates, demonstrating the company’s robust performance in the first quarter. The actual results exceeded analyst expectations, particularly in terms of net profit growth, which Read more: Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations..

Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore

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Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore

Infosys shares fell on August 1, 2024, after the company received a notice from the Directorate General of GST Intelligence (DGGI) alleging GST evasion of over Rs 32,000 crore. The notice pertains to expenses incurred by Infosys’ overseas branches and claims that the company is liable to pay Integrated Goods and Services Tax (IGST) under Read more: Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore..