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With its origins dating back nearly 1500 years, chess is the only board game that stood the test of time. It is believed by many that Chess originated in India. It was known as ‘Chaturang’, named after the four parts of an army namely the elephants, chariots, horsemen and foot soldiers.

The US Federal Reserve has launched "FedNow", a payment service that aims to modernize the US payment system by enabling instantaneous transfer of funds, 24/7. The new service will reduce the time it takes for cash transfers to settle and benefit consumers and small businesses.

Infosys reported a 1.4% QoQ revenue growth to $4,617m in Q1, amid an improvement in the Total Contract Value (TCV) of new deals. Investors remain hopeful about a positive revision in the guidance in the second half of the year since the management talked about a possible ramping up of delayed projects towards the end of the fiscal year.

Netflix shares fell 6% after disappointing revenue growth and a lower-than-expected forecast. The company added six million subscribers in Q2, helped by a crackdown on password-sharing and the introduction of a cheaper subscription tier that comes with advertising. However, Greg Peters, co-CEO said it would take several quarters to see the returns from those efforts.

The Bengaluru-based software major has reported 11% year-on-year growth in net profit at Rs 5,945 crore for the quarter ended June. The profit is lower than the ET Now Poll estimate of 6,150 crore. Infosys’ earnings remained muted on a sequential basis in the June quarter, given a significant slowdown in business amid global macroeconomic headwinds.

Coforge, the Indian IT service firm, announced a Q1 profit of $20m, up 10.4% YoY, which it said was due to increased orders. Revenue rose almost 21% to $320m over the same time. The company, however, is operating in a difficult market, with US and European clients cutting back on discretionary spending, in addition to delays in deal closures.

Jaguar Land Rover (JLR) Plc, UK on Thursday announced the appointment of Adrian Mardell as Chief Executive Officer (CEO) extending up to a term of three years.

"This high price is a reflection of the market’s assessment of Jio Financials’ potential. The wide reach of JFSL through RIL’s other business segments like Reliance Retail has the potential to grow the company at a fast pace for many years to come. The market is discounting this potential," said Dr. V K Vijayakumar of Geojit Financial

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Revenue from operations jumps 26% to Rs 2,821 crore for the April-June period, as against Rs 2246 crore in the same period of last year. The buyback size represents 2% of the total equity of the company and 24.33% of free reserves based on the last audited financial statements for the period ended June 2023.