Live news updates: Invesco said on Wednesday it facilitated talks between Reliance Industries and Zee Entertainment earlier this year on a possible tie-up, prompting the conglomerate to confirm it approached the TV network for a merger with help from the US investment firm. “We … have never resorted to any hostile transactions,” said Reuters. “We regret our being drawn into the dispute between Zee and Invesco,” it said.
The country has more than 34 million cases in total and 451,435 people have died in the pandemic, said the ministry. Daily new coronavirus infections have been below 30,000 for 20 straight days.
Infosys revenue growth guidance has been raised by the company on Wednesday for the financial year 2021-22 to 16.5-17.5 per cent from the earlier 14-16 per cent. Beating Street expectations, Infosys reported a net profit of Rs 5,428 crore, up 11.7 per cent YoY and 4.3 per cent sequentially. Revenue for the quarter was up 20 per cent to Rs 29,602 crore.