By Anita Inder Singh, Multi-aligned India is dependent on America’s foes China and Russia for trade, arms, and oil, respectively. For India, the greatest use of the US is against China, which threatens its territorial integrity and its influence in the immediate South Asian neighbourhood. Paradoxically, India is dependent on both Russia and the US […]
India office market in 2023 culminated with 58.2 million sqft of gross absorption across the top 6 cities, said a report by Colliers India. The last quarter of the year witnessed the highest-ever demand for office spaces in India, with all the three southern cities of Bengaluru, Chennai and Hyderabad registering best performance since the […]
One of the struggling sectors in India, not all seems to be well for the ed-tech companies. Investments in the sector declined 89% to $0.277 billion between January-December (till date) from $2.5 billion in CY22, revealed data from Tracxn, a start-up data platform. Interestingly, when compared with investment in CY21, when the industry received a […]
Twitter boss Elon Musk has threatened to file a lawsuit against Microsoft after the multinational IT company said that it will drop Twitter from its advertising platform. Musk accused Microsoft of using Twitter data ‘illegally’. “They trained illegally using Twitter data. Lawsuit time,” he tweeted. A user asked if Musk had a long term plan […]
The Securities and Exchange Board of India (Sebi) issued a statement on Saturday to ease concerns about the ongoing volatility in the market, specifically the turbulence linked to Adani Group shares.“During the past week, unusual price movement in the stocks of a business conglomerate has been observed. As part of its mandate, Sebi seeks to […]
Commercial vehicle manufacturer Ashok Leyland’s strong Q3 performance was driven by a better mix, price hikes and commodity costs (healthy margins). The stable demand environment and improving pricing power should boost earnings. AL is the best play on the CV cycle recovery, along with market share recovery and the expansion of revenue/profit pools. We raise […]
The Securities and Exchange Board of India (Sebi) is working on a framework for performance-based fees for mutual fund schemes, Ananta Barua, whole-time member of Sebi, said on Wednesday. Speaking at the CII Mutual Fund Summit, Barua said the regulator has set up a working committee to draw up a performance-based fee structure. He said […]
Oil prices edged up on Friday and were on track to post a second straight annual gain, albeit a meagre one, in a year marked by tight supplies due to the Ukraine conflict, a strong dollar and weak demand from the world’s top crude importer China. Brent crude futures climbed 44 cents, or 0.5%, to […]
By Rajesh Palviya In Nifty 50 current series, there has been a Short Covering witnessed with increase in price of 6.17% and decrease in OI by -3.21% as of Wednesday wherein there was unwinding of 3.54 lakh shares in OI, decreasing from 110.40 lakh to 106.86 lakh shares. Nifty current month rollover stands at 36%, […]
By Rohan Patil Last week was super volatile for the Benchmark index where prices traded in both directions and kept the traders on the sideline without giving any specific direction. Nifty has formed a Doji candlestick pattern on the weekly chart which indicates indecision among the trades. The immediate support for the Nifty is placed […]
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