Category: Stocks

Representative image Telecom Secretary K Rajaraman has asked state-owned telecom research and development organisation C-DoT to start working on 6G and other futuristic technologies in order to catch up with the global market in time, a statement said on Sunday. Samsung, Huawei, LG and some other companies have started working on 6G technologies which is said […]

Cybersecurity solutions provider InstaSafe Technologies is looking to expand its presence in the Middle East and Europe and is in active conversation with potential partners and large technology corporations for go-to-market strategy, a top company official said. Sandip Kumar Panda, the CEO of InstaSafe Technologies, said that the company saw a spike in demand for […]

Representative image Eight of the top-10 most valued companies together added a whopping Rs 2,32,800.35 crore in market valuation last week in-tandem with rally in the broader market, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the 30-share BSE benchmark rallied 1,293.48 points or 2.20 percent. The benchmark soared […]

In the coming truncated week, experts largely expect the benchmark indices to remain rangebound unless there is substantial growth in earnings of companies. Global cues (US non-farm payrolls, US bond yields etc) and domestic economic data points will also be closely watched by the street for direction. The BSE Sensex closed above 60,000 mark again, […]

Representative Image Urban Company has said they will be releasing some important programs which will further enhance the earnings and well-being of the partner ecosystem after protests by women workers in Gurugram. The company in a blog post has also claimed that on an average their partners earn Rs 280–300 per hour, net of commissions and […]

Lincoln Pharmaceuticals | Promoter Ashish Rajanibhai Patel picked 31,000 equity shares in the company via open market transaction on September 27, increasing shareholding to 5.16 percent from 5 percent earlier. Two Indian drugmakers have requested permission to end late-stage trials of their generic versions of Merck & Co’s promising experimental oral antiviral drug molnupiravir to treat […]

RedSeer Consulting had last month forecast that online platforms would see 30 per cent year-on-year growth in gross GMV at USD 4.8 billion during the first week of festive sale. PTI October 09, 2021 / 10:10 PM IST Source: Shutterstock E-commerce platforms, including social commerce and grocery, garnered about USD 2.7 billion in sales in […]

Mukesh Ambani has entered the elite club of individuals who holds fortunes in excess of $ 100 billion. With $ 100.6 billion, Mukesh Ambani ranks 11th in the list. Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $ 100 […]

As of October 2021, there are more than 800 unicorns around the world., according to analytics platform has listed CB insights. Analytics platform CB insights has prepared a list of unicorn companies across the world. A “unicorn” is a private company that has a valuation of over $ 1 billion. Let’s take a look at […]

Principal Economic Advisor Sanjeev Sanyal (Illustration by Suneesh Kalarickal) Defending privatisation policy, Principal Economic Adviser Sanjeev Sanyal on Saturday said most of the public sector undertakings (PSUs) that the government intends to sell were actually created by the private sector. Stressing that this government is unapologetic about privatisation, he said “you (Opposition) made the point […]

Dear Reader, The week ended on a good note for the government. Air India, exhibit A of why government should not be in business, was sold to the Tata Group. The government has managed to get rid of an asset that became synonymous with the term ‘a drain on the exchequer’. Ratan Tata fulfilled his […]

”India has been unique to create a set of digital public goods, which are designed for scale, low-cost small transaction value, designed to be inclusive,” Nilekani said at the IVCA Maximum India Conclave 2021. PTI October 09, 2021 / 09:24 AM IST Nandan Nilekani Aadhaar architect Nandan Nilekani on Friday said India has been ”unique” in creating a set […]

In what is a huge vote of confidence in India’s manufacturing capabilities, the S-Class, Merc’s luxury flagship, often considered the best car in the world, gets a dedicated assembly line in Mercedes-Benz India’s manufacturing plant in Chakan, Maharashtra. The 2021 Mercedes-Benz S-Class which was launched as a completely built unit got a massive price drop […]

Silver prices eased close to Rs 61,000 per kg on a subdued trend in gold, dollar and mixed cues in industrial metals. The precious metal had risen 0.34 percent on October 7 on the COMEX. Silver traded in the negative territory since morning, tracking the muted global trend. The white metal has been trading lower […]

Previously, the generic pharmacy shop at AIIMS, New Delhi would remain closed on Sundays and government holidays. Representative image The free drug distribution pharmacy shop of All India Institute of Medical Sciences (AIIMS) will now be open on all holidays and Sundays. Previously, the shop would remain closed on Sundays and government holidays. Now, on […]

Fertiliser Minister Mansukh Mandaviya has directed all manufacturers not to increase retail prices of DAP and other phosphatic fertilisers as part of the government’s efforts to ensure the availability of crop nutrients at affordable prices during the ongoing Rabi season, according to sources. The government, which increased subsidies on DAP and some other non-urea fertilisers, […]

A few weeks ago, the Reserve Bank of India (RBI) Deputy Governor Michael D Patra said at an event that the RBI doesn’t like tantrums. It likes tepid and transparent transitions, glide paths rather than crash landings. The October 8 monetary policy review is a testimony to that viewpoint. RBI Governor Shaktikanta Das restated the […]