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The counter fell to a low of Rs 1,051.30 as against the previous close of Rs 1,133.45 on the BSE.

Gold saw its best session in three months on Wednesday as a retreat in the dollar and geopolitical tensions surrounding Ukraine lifted safe-haven appeal, sparking a rally in precious metals.

Larsen & Toubro Infotech Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 117347.58 Crore) operating in IT Software sector.

The three independent directors – Kamlesh Shivji Viakmsey, Thomas Mathew T and Santosh B Nayar -- have flagged serious concerns on conduct on the management of the PFS India led by managing director and CEO Pawan Singh.

At 9.30 am, the BSE Sensex was trading 273.93 points or 0.46 per cent lower at 59,824.89. The NSE Nifty was trading 67.60 points or 0.38 per cent, lower at 17,870.80.

Digital transformation is well under way with large enterprises, while several others are accelerating the journey and many are jumping on board, Infosys CEO Salil Parekh says.

Another official said the companies are considering partnering with other central power sector entities for technical know-how to run the acquired projects.

Asian share markets broke a five-day slide to edge higher on Thursday, shrugging off drops in Europe and on Wall Street overnight as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates.

Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 223816.60 Crore).

ET has seen copies of those letters sent to bondholders that include wealthy individuals and retirement funds. The carrier had raised about Rs 5,500 crore through these instruments.