Taking Stock: TCS under Gopinathan sees 18% CAGR in 6 years https://ifttt.com/images/no_image_card.pngThe company’s market cap rose to around Rs 11.7 lakh crore from Rs 4.5 lakh crore, a CAGR of nearly 18%. The stock gained nearly three times during Gopinathan’s tenure, beating the benchmark Sensex which grew over two times. On Thursday, TCS announced that Gopinathan had resigned from his post to pursue “other interests”. He will be replaced by K Krithivasan.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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