TECH TITAN
TCS Q1 beat fuels market rally, lifts Sensex, Nifty and m-cap to new records The market capitalization of all BSE-listed companies reached a record high, increasing by Rs 1.18 lakh crore to Rs 452.36 lakh crore. TCS, India's leading IT services company, saw a 6.7% rise after surpassing revenue expectations. This surge contri...
12 Jul, 2024, 04.25 PM ISTParag Parikh Flexi Cap Fund reduced stake in RIL, BHEL, added more of ITC in June Parag Parikh Flexi Cap Fund reshuffled its portfolio in June by reducing shares of Reliance, Bharat Heavy Electricals, TCS, and Tech Mahindra.
12 Jul, 2024, 10.55 AM ISTQ1 Earnings Preview: Flat to 4% growth in net profit expected from Nifty pack; auto, financials, health to outperform Motilal Oswal and Kotak Mahindra differ in their Q2 earnings projections for the Nifty universe. While Kotak forecasts a nearly flat growth of 0.6%, Motilal Oswal projects a 4% increase in net profits. Both firms predict stronger growth when excludi...
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Cricketer Ravichandran Ashwin buys team in Tech M's Global Chess League Cricketer Ravichandran Ashwin has partnered with Prachura Group founder Prachura PP and former Prestige Estates CEO Venkat K. Narayana to acquire the American Gambits team in the Global Chess League (GCL), a joint venture between Tech Mahindra and t...
08 Jul, 2024, 02.09 PM ISTA war of titans builds up in India's cement sector The UltraTech-India Cements deal comes two weeks after Adani Group unit Ambuja Cement announced acquisition of Hyderabad-based Penna Cement at an enterprise value of Rs 10,422 crore, adding to its capacity and market share in southern India.
27 Jun, 2024, 03.17 PM ISTGlobal Chess League to generate business value of $40 m in 5 years: Tech Mahindra CEO Mohit Joshi The Global Chess League (GCL), initiated by Mahindra Group chairman Anand Mahindra, is projected to generate over $40 million in business value over five years, according to Tech Mahindra's CEO Mohit Joshi. The league, a joint venture with the Inter...
27 Jun, 2024, 12.47 PM ISTBlock deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involv...
22 Jun, 2024, 01.50 PM ISTWho is Larry Ellison? What did he do that his wealth soared by $14 billion overnight? Larry Ellison has set a new record and moved up in the Bloomberg Billionaires Index after Oracle shared a strong financial outlook.
13 Jun, 2024, 11.40 PM ISTBullish Momentum: 8 stocks with White Marubozu Pattern on June 7 As per technical scan data from stockedge.com, on June 7, 8 stocks from the Nifty50 pack were detected by the bullish scanner for the "White Marubozu" candlestick pattern, which signifies a bullish trend in technical analysis.
10 Jun, 2024, 10.34 AM ISTRekha Rakesh Jhunjhunwala earns Rs 224 crore dividend from Rs 38,000 crore portfolio in March quarter Rekha Jhunjhunwala likely earned Rs 224 crore dividend from her Rs 37,831 crore portfolio in the March quarter, including from companies like Titan Company, Canara Bank, and Valor Estate. She holds stakes in various companies and saw changes in shar...
30 May, 2024, 12.36 PM ISTMarket Trading Guide: Hindustan Petroleum, UltraTech Cement among 6 stock recommendations for Monday26 May, 2024, 03.25 PM IST Market Trading Guide: Titan, UltraTech Cement among 4 stock recommendations for Friday In a highly volatile trade, the 30-share BSE Sensex climbed 677 points or 0.93% to settle at 73,663. The NSE Nifty surged 203 points or 0.92% to 22,403.85.
16 May, 2024, 08.34 PM ISTIT & banking titans fuel 677-point Sensex rally in last leg of volatile session The benchmark equity indices tossed between ups and downs throughout the day and finally settled in the green. US rate -sensitive IT stocks contributed majorly to the fag-end rally as all 10 constituents advanced, adding between 1% and 4.2%. Investo...
16 May, 2024, 04.33 PM ISTSensex opens marginally higher tracking postive global cues; Nifty above 22,450 Indian benchmark indices opened higher. HUL, Nestle India, Godrej Consumer Products surged, while Lupin declined. Nifty FMCG, Marico, Dabur, Financial Services, PSU Bank, Consumer Durables, Oil & Gas gained. Global markets rise, oil prices up, rupee...
07 May, 2024, 09.51 AM ISTQ4 results today: Titan, Britannia, Adani Green among 49 companies to announce earnings on Friday Q4 results today: 49 companies, including Titan and Adani Green, to reveal Q4 results. Titan foresees 18% revenue growth and 13% net profit rise. Watch out for updates from Titan, Britannia, MRF, Tata Tech, and other key players.
03 May, 2024, 02.53 PM ISTWho is Ankur Jain? Inside the tech titan's grand Egyptian wedding with former WWE diva Erika Hammond Tech mogul Ankur Jain and former WWE star Erika Hammond recently celebrated their extravagant wedding against the backdrop of Egypt's pyramids. The festivities included a luxurious safari in South Africa and a four-day celebration in Egypt, attended...
29 Apr, 2024, 12.00 PM ISTGoogle CEO Sundar Pichai celebrates 20 years with IT giant, says he still gets a 'thrill' working with tech titan Pichai commenced his tenure at Google in 2004 following his time at McKinsey & Company. Within Google, he supervised the product management division and spearheaded the development of groundbreaking products like Chrome and Chrome OS. His appointmen...
27 Apr, 2024, 10.56 PM ISTEquity investors become poorer by Rs 7.93 lakh cr in three days The market capitalisation (mcap) of BSE-listed companies was eroded by Rs 7,93,529.61 crore to Rs 3,94,25,823.46 (USD 4.75 trillion) in three days.
16 Apr, 2024, 06.05 PM ISTGemini's flawed AI racial images seen as warning of tech titans' power For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out images of Black and Asian Nazi soldiers was seen as a warning about the power artificial intelligence can give tech titans. Folks ...
17 Mar, 2024, 07.43 AM ISTMicrosoft, the union-friendly tech titan In an age when companies routinely proclaim their commitments to civil rights and the environment, what does it even mean to be a woke employer? And can Microsoft, with a history of squeezing competitors, truly claim to be more evolved than most?
25 Feb, 2024, 05.12 PM IST