Infosys clarifies on ‘new’ whistleblower reports

Infosys clarified that recent media reports, which claimed that the company is hit by a fresh whistleblower complaint, refer to substantially the same charges made in the plaint that was disclosed by the IT firm last month. Stock exchanges last week had sought clarification from the company over the media reports that suggested the company was ‘hit by another whistleblower complaint against Salil Parekh’. Continue Reading

InterGlobe Aviation shares fly high

Shares of InterGlobe Aviation bounced back after three days of fall, rising 5.5 per cent after IndiGo placed a firm order for 300 A320neo family aircraft. The scrip climbed 5.36 per cent to Rs 1,485.95 on the BSE. On the NSE, it rose by 5.46 per cent to Rs 1,486.75. Continue Reading

HUL rises 2% after Q2 earnings

The scrip of FMCG major Hindustan Unilever (HUL) on Tuesday advanced about 2 per cent after the company reported a 21.18 per cent rise in standalone net profit for the quarter ended on 30 September. It rose by 1.89 per cent to Rs 2,052.90 on the BSE; while on the NSE, it jumped 1.93 per cent to Rs 2,053.20. Continue Reading