Pirojsha Godrej, 43, patriarch Adi Godrej s son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna s 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
The market could not make a clear assessment of Tech Mahindra with the stock swinging wildly in the last two sessions.
The results on Thursday were expected to be weak but the stock dropped slightly.
However, investors reviewed the three-year turnaround plan and decided the stock had been oversold and the price recovered 7.5 per cent.
From the Sensex basket, Kotak Mahindra Bank jumped 5 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins.
Tata Consultancy Services, Hindustan Unilever, Mahindra & Mahindra, Sun Pharma, Tech Mahindra and IndusInd Bank were among the other major gainers.
Titan tanked 7 per cent after its March quarter earnings failed to cheer investors.
The Bombay high court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.
A single bench of Justice N J Jamadar said Goyal shall pay a surety of Rs 1 lakh and not leave Mumbai without prior permission from the trial court. The applicant (Goyal) shall be released on interim bail for a period of two months. He shall abide by all conditions imposed, the bench said.