Earnings

The announcement of the 1:1 bonus by Infosys means that existing shareholders will get one share for each share held.

For the financial year ended March 31, 2018, Infosys had reported an increase of 11.7 per cent in its consolidated net profit at Rs 16,029 crore.

Infosys reported its second quarter earnings under the helm of Infosys CEO Salil Parekh, who assumed charge in January this year.

Infosys will announce its earnings for June quarter at around 4:15 pm today. Infosys was among the top gainers in the Sensex and Nifty packs.

Net profit grew about 24 per cent on a year-on-year basis compared to the June quarter last year, helped by strong growth in its banking, financial services and insurance division. Analysts, on average, had expected a consolidated net profit of Rs 6,983 crore, according to Thomson Reuters data.TCS, the country's largest IT services exporter, said its total income from operations stood at Rs 34,261 crore.

TCS Q1 results 2018: TCS reported a 23.5 per cent year-on-year (YoY) growth in consolidated profit for June quarter at Rs 7,340 crore.

TCS or Tata Consultancy Services is set to kick off the Q1 corporate earnings seasons by announcing its earnings post-market hours today.

Fortis has become the target of a bidding war by suitors seeking to get a share of a boom in India's private healthcare market.

Mahindra & Mahindra's revenue from operations grew 10.5% to RS 13,308 crore.

Bank of India's provisions for bad loans surged about 41% to Rs 6,674 crore.

L&T's revenue from operations jumped 10.5% to Rs 40,678 crore.

Bank of Baroda's gross bad loans as a percentage of total loans stood at 12.26% at end-March.

Tech Mahindra's gains from foreign exchange rose nearly 8% to Rs 174 crore in the fourth quarter.

IDBI Banks's gross bad loans as a percentage of total loans stood at 27.95% at end-March.

Jet Airways posted a loss of Rs 1,036 crore in the three months ended March 31, compared with a profit of Rs 602 crore a year earlier