ICICI Bank’s prompt denial of Managing Director Sandeep Bakhshi “sending feelers” about his desire to exit as reported by The Morning Context managed to arrest any significant erosion in the stock in today’s trade. The ICICI bank stock ended 1 percent lower at Rs 1,139 per share on May 2.But analysts said it’s not difficult to see why any such news would send a big shock to markets.
Open FlipInformation technology firm Wipro Ltd on May 2 elevated Hari Shetty as its Chief Strategist and Sales Excellence Officer from immediate effect, it said in an exchange filing.Shetty is a 31-year-old veteran at the company and led the technology platform, products, and gaming business division before the appointment.He is the first CXO-level personnel to be appointed after Srinivas Pallia took over.
Open FlipIntercontinental Exchange reported a rise in adjusted profit for the first quarter on Thursday as volumes hit a record on surge in energy markets trading. The conflict in the Middle East has resulted in a reshaping of the global commodities and energy markets, significantly raising volatility as investors assess the impact of shifting supply chains.
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