TECHNOLOGY COMPANIES
Global Capability Centres drive office leasing in H1 2024, with a 37% share India's office leasing market is dominated by Global Capability Centres (GCCs), with 37% of total leasing activity in January to June 2024. The country's robust workforce, competitive costs, and established ecosystem make it a key market for GCCs. W...
04 Jul, 2024, 11.40 AM ISTSensex's 80K milestone a journey, not destination: Nilesh Shah of Kotak Mahindra AMC Investors are advised to maintain asset allocation discipline and a long-term investment strategy to navigate market volatility effectively.
03 Jul, 2024, 08.18 PM ISTMid and small IT companies showed sustained improvement in revenue, profit share in March ’24 quarter Small and medium sized IT companies continued to show year-on-year improvement in the share of aggregate revenue and profit of the sector in the March 2024 quarter though the extent of improvement has tapered down implying resilience from the top ti...
02 Jul, 2024, 07.43 AM IST- ADVERTISEMENT
Why did Elon Musk fail to construct underground pod transport system in Las Vegas? Know about the tunnel for Tesla cars? Elon Musk- owned The Boring Company planned the Las Vegas Convention Center Loop, or LVCC Loop, which could be a system of tunnels where people could travel on pods. But there are no pods in the neon-colored well-constructed tunnel, there are driver...
01 Jul, 2024, 06.35 PM ISTAmara Raja shares rally 20% to fresh highs as company signs agreement for lithium ion batteries Amara Raja Energy partners with Gotion High-Tech for advanced cell manufacturing, accessing technology, Gigafactory facilities, and battery materials. Collaborations with InoBat strengthen LiB battery development.
25 Jun, 2024, 10.47 AM ISTAI fever drives Nvidia's rise to world's most valuable company Nvidia's market value soars with 1,100% share increase, fueled by AI fervor and rapid growth.
20 Jun, 2024, 05.42 PM ISTQuess Corp demerger process likely to complete within a year: Chairman Quess Corp's demerger process, led by chairman Ajit Isaac, aims to unlock value at India's largest third-party staffing supplier. The company plans to file an application with the NCLT and has seen a 44% stock rally in the past year.
18 Jun, 2024, 07.27 AM ISTAdani group companies, LTTS among 19 companies in focus today & tomorrow Adani group companies and LTTS, among others, are in focus for corporate actions like dividends and AGMs this week.
13 Jun, 2024, 09.53 AM ISTApple beats Microsoft to return as world's most valuable company In the previous session, Apple shares soared to an all-time high following the unveiling of a range of AI-enabled features and software enhancements for its devices. Analysts believe these innovations will drive increased iPhone sales.
12 Jun, 2024, 11.52 PM ISTMphasis promoter entity pares 15% stake for Rs 6,735 crore Blackstone, promoter of Mphasis, divested a 15.08% stake in the IT and consulting firm for ₹6,735 crore through an open market transaction on the NSE.
11 Jun, 2024, 07.06 AM ISTPromoter Blackstone sells 15% stake in Mphasis for Rs 6,700 crore Blackstone held a majority stake in the IT firm at 55% as of March. Now it's down to 40%, but still, it's the largest shareholder. Mutual funds hold 13.88% and foreign investors like Nomura hold 14.86%. According to the exchange data, marquee funds ...
10 Jun, 2024, 08.43 PM ISTBig tech is driving the S&P rally. The rest have to step up soon Tech stocks face diverging performances as Nvidia leads the pack, while Apple struggles, causing a profit cool down and an emerging asymmetry among Big Tech stocks, affecting the overall earnings potential in 2024.
10 Jun, 2024, 07.09 AM IST85 smallcaps offer double-digit returns in action-packed market week It was a turbulent week in the market as investors went through a whirlwind of emotions. There was an initial surge in optimism after the exit polls, followed by a sharp downturn on election results day, and then a remarkable rebound. The bounce-bac...
09 Jun, 2024, 12.15 PM ISTThese 4 stocks showing RSI Trending Up on June 6 According to data from stockedge.com on June 6, four stocks from the Nifty500 pack were identified in the RSI Trending Up scan. This signal suggests an uptrend when the RSI value crosses above 58 from below.
07 Jun, 2024, 09.37 AM ISTRising employee productivity to boost IT cos in hard times Top tier IT exporters see rising employee productivity amidst challenges like revenue deceleration, shrinking margins, and lower headcount in FY24.
07 Jun, 2024, 07.24 AM ISTTop IT companies focus on employee productivity amid demand uncertainties Amid revenue deceleration, shrinking margins and lower headcount, a silver lining for the top tier IT exporters is the rising employee productivity aided by streamlining of human resources through meticulous bench management.
06 Jun, 2024, 07.56 PM ISTBloodbath on Street: Tata Tech among 353 stocks at 52-week lows, crash up to 20% Veritas Advertising and Bodhi Tree Multimedia topped the list with each falling 20% to Rs 170.30 and Rs 11.7, respectively, to hit their new 52-week lows.
04 Jun, 2024, 02.51 PM 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 ISTAI darling Nvidia's market value surges closer to Apple Nvidia's shares surged 6% to a record high, nearing Apple's market value of $2.9 trillion. The AI chipmaker's stock hit $1,128, up 8% during the session, driven by strong second-quarter revenue forecasts and a stock split.
29 May, 2024, 08.32 AM ISTJapan's Nikkei hits closing high as Nvidia earnings boost tech Japan's Nikkei share average rose to a one month high led by tech stocks after Nvidia's strong earnings. Analyst Kenji Abe from Daiwa Securities mentioned the positive impact on Japanese tech stocks, especially semiconductor-related companies.
23 May, 2024, 12.45 PM IST