New Delhi, Jan 12 (SocialNews.XYZ) Siddhartha Khemka, Head, Retail Research, Motilal Oswal Financial Services said that rally in the IT sector and a 19 per cent surge in India’s net direct tax collection supported domestic…
New Delhi, Jan 12 (SocialNews.XYZ) Inflows of US$ 10.1bn in December 2320 are the highest ever monthly inflows recorded in a single month, a research by Bank of Baroda said. The report said that the…
New Delhi, Jan 12 (SocialNews.XYZ) Amol Athawale, Vice-President, Technical Research at Kotak Securities on Friday said that in the last week, the benchmark indices witnessed volatile activity after a roller coaster activity. He said that…
New Delhi, Jan 12 (SocialNews.XYZ) Indian markets soared to new heights in a powerful rally, driven by IT heavyweights, says Vinod Nair, Head of Research, Geojit Financial Services. Green shoots of recovery in the IT…
Chennai, Jan 12 (SocialNews.XYZ) Digital Connexion, a three-way joint venture between Brookfield Asset Management (Brookfield), Reliance Industries Limited and Digital Realty on Friday announced the launch of its first data centre campus here. It will…
San Francisco, Jan 12 (SocialNews.XYZ) Disney-owned animation studio Pixar is set to cut jobs this year, the media reported. According to TechCrunch, citing sources, the job cuts could be significant and as high as 20…
New Delhi, Jan 12 (SocialNews.XYZ) IT stocks are the top gainers on BSE after Infosys and TCS announced their quarterly results. BSE IT Index is up almost 5 per cent on Friday, by far the…
New Delhi, Jan 12 (SocialNews.XYZ) Infosys shares jumped by 7 per cent on Friday propelling Sensex gains of more than 600 points. Infosys shares surged after its results with the major IT companies also moving…
New Delhi, Jan 12 (SocialNews.XYZ) US-based investment firm BlackRock has once again cut the value of its holding in Byju’s, reducing the edtech major’s valuation to a mere $1 billion from $22 billion in early…
Chennai, Jan 11 (SocialNews.XYZ) Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embedded services provider, for Rs 280 crore. In a regulatory filing, Infosys said the acquisition of…
New Delhi, Jan 11 (SocialNews.XYZ) Mid-and-small caps have seen a strong rally in the year gone by that has pushed the valuations above historical average thereby warranting caution in the near-term, Aditya Birla Sun Life…
New Delhi, Jan 11 (SocialNews.XYZ) Polycab India shares plunged 20 per cent on Thursday after reports of Income Tax evasion. Polycab shares were trading at Rs 3,905, down 20.5 per cent on BSE. In an…
New Delhi, Jan 11 (SocialNews.XYZ) Global PC shipments declined 13.9 per cent in 2023 compared to 2022, experiencing unprecedented consecutive declines and marking a stark departure from historical trends tracked since 1995. In 2022, shipment…
Gandhinagar, Jan 10 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Wednesday said that India and UAE aspire to expand their bilateral trade to $100 billion. He also highlighted efforts that were underway to facilitate…
London, Jan 10 (SocialNews.XYZ) Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships and vessels which carry almost every necessary items from…
New Delhi, Jan 10 (SocialNews.XYZ) The IT sector is expected to post a weak quarter with a sequential decline, HDFC Securities said in a report. This is due to increased furloughs, Q3 seasonality, a prolonged…
Mumbai, Jan 10 (SocialNews.XYZ) The Indian rupee recovered early losses to end higher for a sixth straight day on Wednesday as expectations rose about more foreign funds flowing in. The rupee settled at 83.0350 vis-a-vis…
Chennai, Jan 10 (SocialNews.XYZ) Credit rating agency ICRA on Wednesday said its outlook on the Indian aviation industry is stable on the back of the fast-paced recovery in domestic passenger traffic in FY2023 and nine…
Gandhinagar, Jan 10 (SocialNews.XYZ) Global business leaders hailed Prime Minister Narendra Modi’s vision of a developed India as they unveiled their investment plans for the country at the 10th edition of Vibrant Gujarat Global Summit…
New Delhi, Jan 10 (SocialNews.XYZ) Homegrown fintech startup Velocity on Wednesday announced an ambitious Rs 300 crore growth capital fund dedicated to empowering the next wave of B2B software-as-a-service (SaaS) businesses in the country. According…