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On the BSE, shares of the company plunged up to 14 per cent to trade around Rs 663 in early trade on Tuesday
The anonymous letter alleges the current management is taking 'unethical' steps to raise short-term revenue and profit.
Provisions in the quarter, however, rose 3.33 per cent QoQ basis to Rs 2,700.81 crore. These included specific loan-loss provisions of Rs 2,038 crore and general and other provisions of Rs 662.7 crore
The domestic currency on Friday closed almost flat at 71.14 per US dollar amid hardening crude oil prices and lacklustre global cues.
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Here's a list of top stocks that may remain in focus today.
During Samvat 2075 (till October 18), the headline S&P BSE Sensex advanced 11.5 per cent, while the broader Nifty50 index has moved up nearly 10 per cent.
Banks allocate just 35% of their information-technology budgets to innovation, while fintechs spend more than 70%, McKinsey said
The S&P BSE Auto Index has declined 14 per cent so far this year
Countries from China to India to Indonesia are slashing taxes for businesses to spur growth amid a gloomy outlook for global economic expansion
Here's a selection of Business Standard opinion pieces for the day
The decision to extend MEIS benefits is expected to draw the biggest cheer from the industry
Essential Hospitality sold the office to a firm controlled by ex-Maharashtra CM's son-in-law
Panagariya said there was a huge scope for India to improve medical treatment
India is demanding exemption from high duties imposed by the US on certain steel and aluminium products
IFAs say the reduction in incentives, and over-regulation is making MF distribution a less attractive proposition
In 2013, Sebi had fined nearly 118 entities Rs 30 crore
Auditors spoken to say Infosys' approach to revenue recognition seemed to have remained consistent with the new regulations in this regard, which the company had clarified during an analyst call
The proposal pertaining to Sharma's remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019
The ad in question featuring Aamir Khan remains on air still