Japan and India to lead Asia, emerging market equities
New Delhi, Nov 16 - Morgan Stanley expects GDP and EPS growth to again beat expectations in Japan and India and miss in China and emerging markets (EM) in 2024.
WeWork India adds 2 new buildings with over 4K desks in B’luru, Hyderabad
New Delhi, Nov 16 - In line with its commitment towards long-term growth and expansion, flexible workspace provider WeWork India on Thursday announced the signing of lease agreements for two new buildings -- Manyata Redwood in Bengaluru and RMZ Spire in Hyderabad.
Piyush Goyal holds discussion with chip giant Micron’s CEO in US
New Delhi, Nov 16 - Union Commerce and Industry Minister Piyush Goyal held a meeting with chip giant Micron Technology’s CEO Sanjay Mehrotra in the US and discussed how India's growing semiconductor ecosystem presents vast opportunities for the company to expand its footprint
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.