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The company has plans of expanding the product portfolio to 10 electric vehicles by 2025 and he expects the share of EVs in total sales to rise to 25% in the next five years.

The case dates back to 2014 when TCS was accused of stealing intellectual property from Epic Systems.

The proposed transaction is likely to value Manipal Hospitals at around ₹18,000 crore, said a second person. If the deal fructifies, it will yield a near three-fold return for the US PE firm on its seven-year-old investment.

The trade deficit during the first three months of this fiscal year widened to $70.25 billion from $31.42 billion in the year-ago period, according to data released by the commerce and industry ministry.

Gold prices fell in the previous session on prospects of interest rate hikes from central banks that are trying to take on inflation, but managed to stay above the $1,800 price support level. Higher interest rates and bond yields raise the opportunity cost of holding non-yielding bullion.

“HDFC Bank has received a letter dated July 04, 2022 from the Reserve Bank of India whereby the RBI has accorded it’s ‘no objection’ for the Scheme, subject to certain conditions as mentioned therein,” the bank said in an exchange filing. Earlier HDFC Bank had stated that it has applied to the RBI seeking leeway to meet certain regulatory conditions.

"While Q1 is generally weak for the lending space, HDFC Bank QoQ growth was a tad softer leading to lower loan to deposit ratio which could be a drag on the net interest margins," said Gaurav Jani - research analyst at Prabhudas Lilladher.

“The market is now showing signs of witnessing a decisive upside breakout of the important resistance of 15,900 levels in the next 1-2 sessions. A sustainable upmove above 15,900-15,950 is expected to pull the Nifty towards the next resistance of 16,300 in the short term. Immediate support is placed at 15,750,” he said

The IT services universe should witness modest median revenue growth in 1QFY23E (up 3.3 per cent QoQ in CC terms and 14.3 per cent YoY). Growth in EBIT/PAT (-1 per cent/-2.8 per cent QoQ) should be impacted by wage hikes and supply-side pressure, despite a depreciation in the rupee against the dollar, said Motilal Oswal Financial Services.

The regulator found that Yadav and Agarwal received 4.6 lakh shares and 4.2 lakh shares off-market at a discount and simultaneously disseminated SMSes recommending buying the scrip of Covidh.Alokam, the director and promoter of the company, received money from Yadav and also had off market transactions with Agarwal.