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Information technology stocks saw traders cut derivatives positions, with Tata Consultancy Services Ltd., HCL Technologies Ltd. and Coforge Ltd. among the counters showing declines in futures prices and open interest. TCS September futures slipped 0.11% to Rs 2,466.70 as open interest declined 0.12%. HCLTech September futures fell 0.18% to Rs 1,366.90, accompanied by a 0.18% drop in open interest. Coforge August futures declined 0.89% to Rs 1,756.20, with open interest falling 0.89%, while its September contract dropped 0.79% and open interest declined 1.33%. The positioning across these contracts points to traders reducing outstanding exposure in parts of the IT pack rather than adding positions as prices fall. Options activity in the two largest IT companies also showed contrasting moves: Infosys saw positions cut across several strikes, while TCS recorded fresh put additions below and around its prevailing futures price. TCS Futures Slip, Options Action Builds Near Rs 2,500 ...

Shares of One97 Communications Ltd., the parent company of Paytm, are likely to remain in focus after early investor backers SAIF Partners and Elevation Capital decided to pare their holdings through a block deal worth around Rs 2,000 crore. The development confirms an NDTV Profit newsbreak, as the channel had reported on July 24 about the upcoming stake sale via the block deal route. According to sources, SAIF Partners and Elevation Capital will jointly sell 14.9 million shares, representing approximately 2.3% of Paytm's equity, through a block deal scheduled for August 4. The transaction is estimated to be worth around Rs 2,002 crore, making it one of the larger secondary share sales in the stock this year. Morgan Stanley is acting as the banker to the deal, sources said. ALSO READ:  DLF Q1 Results: Revenue Halves But Profit Rises 4%; Margin Contracts Saif Partners owns 3.63% stake as of quarter ended June, while Saif III Mauritius Company owns 8.55% stake in the c...

The latest episode of Lock Upp 2 delivered an emotional rollercoaster, complete with heartfelt sacrifices, unexpected confessions, and a shocking elimination twist that left both the contestants and viewers stunned. The episode began with a major task that would decide the season's first finalist. Contestants were asked to unanimously choose one person to move a step closer to the finale. Right at the start, Shreya Kalra secured a special advantage in the game. Meanwhile, Yogesh made a surprising move by choosing to keep Rs 10 lakh for himself. Interestingly, he did not have to leave the show to claim the cash reward and continued his journey inside Lock Upp 2. As the game progressed, Laila, Shilpa Shinde, Ram Kapoor and Akanksha Chamola voluntarily stepped out of the race, leaving only Shivangi Joshi and Harshad Chopda inside the cell.  Harshad's Confession Leaves Shivangi In Tears With the final decision resting between the two, Harshad made a confession that comp...

Lock Upp 2 witnessed one of its most emotional moments yet after a heated argument over gender equality took an unexpected turn. What began as a contentious debate inside the jail soon led to strong reactions from host Farah Khan and special guest Huma Qureshi. They called out contestant Varun Yadav aka Laila and his friend Aarush Bhola for making alleged sexist remarks against Pamala Serena's friend, Lailli Mirza. During the Judgment Day episode, Farah questioned Laila about Aarush's entry. " Varun, jab Aarush ghar ke andar aaya, the first thing he said... ye word hai use karne ka? [Varun, when Aarush came inside the house, the first thing he said was... This is the word to use?] she asked. To which Laila replied, " Us waqt dimaag nahi chal raha tha. [My mind wasn't working at that moment.]" Huma immediately cut him off, referring to his defence that it was Delhi slang. " Main bhi Delhi se hoon aur mujhe pata hai hum kaise baat karte hain, theek h...

ABB India Ltd. has declared a bumper special dividend of Rs 90 per share with face value of Rs 2 each, after posting a modest uptick in its net profit for the second quarter of the calendar year 2026.  "This is to inform you that the Board of Directors of the Company at its Meeting held on July 31, 2026, declared a special dividend of Rs.90/- per share (Rupees Ninety only) i.e.(4500%) on 21,19,08,375 equity shares of face value of Rs.2/- each fully paid up for the financial year 2026," the company stated in an exchange filing.  Further, ABB India has set Friday, August 7, 2026 as the record date to determine the eligible shareholders for the dividend payout. The dividend will be paid to the eligible shareholders on or before August 29, 2026, the company informed.  ABB India reported a 3% year-on-year rise in net profit to Rs 362 crore from Rs 352 crore for the second quarter of calendar year 2026. Revenue increased 21% to Rs 3,559 crore from Rs 2,940 crore, while ...

The Bombay High Court canteen has been temporarily shut down following an inspection by the Maharashtra Food and Drug Administration (FDA) on July 30, NDTV reported. All food and beverage operations on the premises have been suspended until further notice. In a formal communication, the Bombay Bar Association (BBA) stated that dining services provided through its primary canteen and independent coffee vendor will remain closed to lawyers, litigants, and court visitors for the time being. However, the Association clarified that the decision to halt operations was taken voluntarily as a precautionary measure. The BBA emphasized that it has not received any adverse communication, show-cause notice, or formal order from the state food regulator following the inspection. ALSO READ:  Setback For FDA's Tukaram Mundhe Amid Raids; 29 Employees Complain To Minister - What We Know The Bombay Bar Association, according to the Indian Express, published a notice earlier in the day that s...