The Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad’s issue ‘Under Abeyance’. Manappuram owns a 97.6% stake in Asirvad Microfinance which had filed a prospectus to raise ₹1,500 crore in October, 2023. The IPO would have unlocked value in the subsidiary, said analysts.
TCS Q4 Results: Profit falls 2% YoY to Rs 12,224 crore, misses estimates
TCS posted a 1.7% year-on-year drop in consolidated net profit to Rs 12,224 crore for the quarter ending March 2025, down from Rs 12,434 crore
April 10, 2025