The Tata Group holding company posted a 164% rise in net profit to ₹17,171 crore in the year ended March and announced a dividend cash outflow of ₹404.15 crore, or about 2.4%. Officials close to the SP Group said this is meagre against the industry normal of more than 25% and over 70% at Tata Consultancy Services (TCS).
Gold, silver hit all-time high on Diwali demand
Gold prices reached a new high of Rs 80,650 per 10 grams in the national capital. Silver also rose significantly by Rs 5,000 per kg,