Several top large-cap stocks have hardly given any returns in past 2-3 yrs
New Delhi, Nov 16 - Indian mega-cap stocks are in a bear market, with several top large-cap. stocks have hardly given any returns over the past 2-3 years, the Kotak Institutional Equities said in a report.
UCO Bank stops online IMPS transfers as flawed payments surface
Mumbai, Nov 16 -The government-owned UCO Bank has temporarily stopped online Immediate Payment System (IMPS) transfers as funds from transactions initiated by customers of other banks were credited to account holders of UCO Bank, but the bank did not actually receive the money.
Sensex scales 66K mark with 400-point jump
New Delhi, Nov 16 - BSE Sensex crossed the 66,000 mark on Thursday as the index moved up 400 points.
Just 26% of Indian firms fully prepared to deploy, leverage AI
Bengaluru, Nov 16 - Only 26 per cent of organizations in India are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, a new report showed on Thursday.
Zoho launches comprehensive solution ‘Zoho Practice’ for CAs
New Delhi, Nov 15 - Global software-as-a-service (SaaS) company Zoho on Wednesday launched a free end-to-end practice management solution "Zoho Practice" for chartered accountants (CAs).
ONGC looking at investing Rs 1 lakh crore to set up 2 petrochemicals units
New Delhi, Nov 15 - Government-owned upstream oil giant ONGC is looking at investing around Rs 1 lakh crore to diversify into the manufacturing of petrochemicals to move up the value chain from crude oil, senior company executives said in a conference call
Beware of fraudsters who call you and say they are from TRAI
New Delhi, Nov 15 - The Telecom Regulatory Authority of India (TRAI) warned on Wednesday that some companies/agencies/individuals are making fraudulent calls to the public/customers and saying that they are calling from TRAI to tell them that their mobile numbers will be disconnected
Microsoft unveils 2 custom-designed chips to drive AI innovations
San Francisco, Nov 16 - Heating up the AI race, Microsoft has unveiled two in-house, custom-designed chips and integrated systems that can be used to train large language models.
BSE posts 4-fold jump in Q2 net profit
Mumbai, Nov 11 - BSE, the country’s leading stock exchange, has posted a four-fold jump in net profit at Rs 118.4 crore for the July-September quarter of the current financial year.
US one step closer to losing last AAA credit rating
New York, Nov 11 - The US is one step closer to losing its last perfect credit rating after Moody’s Investors Service changed the outlook of the nation’s debt to negative.
Pakistan stock market hits all-time high
Karachi, Nov 11 - The Pakistan Stock Exchange (PSX) had jumped past the 55,000 barrier, setting a new milestone.
Tech firms & startups sack about 2.5 lakh employees so far in 2023
New Delhi, Nov 11 - Nearly 2.5 lakh employees have been laid off so far this year in the global technology and startup sector, as the tech layoffs continue unabated for the past two years.
Warren Buffett privately traded in stocks that Berkshire was buying & selling: ProPublica probe
San Francisco, Nov 11 - Ace billionaire investor Warren Buffett traded stocks in his personal account on at least three occasions before his company Berkshire Hathaway bought or sold the same stocks, a ProPublica investigation has claimed.
FPI selling which started in Sep showing no signs of reversing in Nov
New Delhi, Nov 11 - The FPI selling trend which started in September continued in October and is showing no signs of reversing in November even though the intensity of selling has come down this month, says V.K. Vijayakumar, Chief Investment Strategist at
Direct tax collections record 17.6% rise to Rs 12.37 lakh cr
New Delhi, Nov 10 - The country’s gross direct tax collections have risen to Rs 12.37 lakh crore mark as of November 9 during the current financial tear which represents a 17.59 per cent increase over the same period of the previous year,
IndiGo announces codeshare extension with Qantas
New Delhi, Nov 10 - IndiGo on Friday announced extension of its codeshare agreement with Australian flag carrier Qantas.
Users can shop on Pincode using ONDC Gift Cards this Diwali
New Delhi, Nov 10 - Pincode, a local shopping app developed on the ONDC (Open Network for Digital Commerce) Network, on Friday announced that customers can elevate their festive shopping experience by using the newly launched ONDC Gift Cards on the app.
M&M drives with Q2 PAT of Rs 3,451.88 cr
Chennai, Nov 10 - Automobile major Mahindra & Mahindra (M&M) Ltd closed the second quarter of FY24 with a higher net profit of Rs 3,451.88 crore.
ED attaches properties worth Rs 67.23 cr of Kunal Gupta in fake call centre fraud by Met Technologies
New Delhi, Nov 10 - The Enforcement Directorate (ED) on Friday said that it has attached movable and immovable assets to the tune of Rs 67.23 crore belonging to Kunal Gupta, his family members, companies and his associates in the case of fake
Black Box EBITDA for the quarter doubles on year on year basis to Rs 101 cr
New Delhi, Nov 10 - Black Box Limited announced its unaudited financial results for the quarter and half year ended September 30, 2023.