HCL Tech shares fell 1.60% to Rs 1054.75 on Friday on profit booking after the IT giant, the previous day reported a higher-than-expected profit for the December quarter supported by strong deal wins, but lowered its full-year revenue view noting seasonal challenges in the fourth quarter. The company reported a 19% rise in consolidated net […]
Domestic indices concluded Tuesday’s session broadly in red amid negative global market sentiment. The NSE Nifty 50 settled below 17,050, and the banking stocks index, Bank Nifty, concluded below 39,450. The top gainers on the NSE Nifty 50 were Titan, BPCL, Larsen & Toubro, Bharti Airtel and Sun Pharma while the top losers were Adani […]
The December quarter earnings season will likely be a quiet one with India Inc reporting a modest growth. In fact, excluding banks and energy, profits will likely contract for the BSE 30 pack. Aggregate earnings will also be pulled down by the weaker year-on-year revenues and profits of metals producers. Banks will continue their strong […]
Foreign institutional investors (FII) sold shares worth a net Rs 1662.63 crore while domestic institutional investors (DII) bought shares worth a net Rs 2127.65 crore on Thursday, January 12, 2023, according to the data available on NSE. For the month till January 12, FII sold shares worth a net Rs 14,996.69 crore while DII bought […]
The rupee consolidated in a narrow range and settled for the day higher by 6 paise at 81.81 (provisional) against the US dollar on Wednesday, tracking the weakness of the American currency in the overseas market. Forex traders said significant foreign fund inflows and crude oil prices below USD 75 a barrel also supported the […]
To bolster road connectivity in the northeast states and to improve border infrastructure, the Cabinet Committee on Economic Affairs led by Prime Minister Narendra Modi, has given its approval for the widening of 134km road in Tripura. The improvement & widening of two lanes with paved shoulder of road from Khowai to Harina in South […]
Indian benchmark indices are likely to open with gains, hinted SGX Nifty on Tuesday. Nifty futures traded higher at 18072 level on the Singapore Exchange. In the previous session, BSE Sensex jumped 721 pts to 60,566, while NSE Nifty 50 rose 208 pts to 18,015. “Market participants shouldn’t read much into a single day rebound […]
Adani Group’s market capitalisation has fallen over 60% in the past one month, moving near Hindenburg Research’s target of 85% downside. The US-based short-seller published a report on January 24, named ‘Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History’, which led to the downfall of Adani Group […]
There are two sides to a coin and the same is the case with technology. If the evolution of technology with the implementation of cloud solutions has eased functioning for business, it has given rise to privacy issues. To be sure, the cloud has eased a lot of business processes from e enabling remote work, […]
ByPayal Jain As the world around us changes and traditional job pathways become less viable, entrepreneurship becomes a crucial option for the younger generation. The increase in demand for entrepreneurship education is indicative of the industry’s growing significance as a career option and as a mindset necessary to succeed in the contemporary corporate world. There […]