Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This news coincided with LTIMindtree’s announcement of an 8% YoY growth in Q2 net profit, reaching Rs 1,251 crore, and a 6% rise in revenue to Rs 9,433 crore.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.