TSMC's Taipei-listed shares tumbled 6.7% on Friday following the company's first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations. Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, forecast second-quarter sales may rise as much as 30% as it rides.
Open FlipInfosys founder NR Narayana Murthy's five-month-old grandson Ekagrah Rohan Murty stands to earn Rs 4.2 crore as the IT giant announced a final dividend and a special dividend on April 18. Apart from announcing Q4 results, Infosys also said that its Board recommended a final dividend of Rs 20 per equity share for the financial year ended March 31, 2024 and additionally a special dividend.
Open FlipVodafone Idea FPO: Indus Towers, India’s largest mobile tower installation company, is likely to benefit if Vodafone Idea completes its fundraising worth ₹45,000 crore and its network expansion, analysts said.The Follow-on Public Offer (FPO) worth ₹18,000 crore of cash-strapped Vodafone Idea opened for subscription on April 18. The telecom operator is said to use the net proceeds.
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