Are mid-caps IT stocks better placed than large? 4 stocks operating niche upside up to 26 %
Zensar Technologies Limited is a digital solutions and technology services company. It is engaged in providing a range of information technology (IT) services and solutions. Synopsis It is close to two years that as a sector IT stocks has been getting all the negative reviews from analysts. In this painting all with the same brush,…
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Satyam case: Sebi asks Ramalinga Raju, five others to disgorge unlawful gains worth over Rs 624 crore
In the 14-year-old Satyam Computer Services case, markets watchdog Sebi has directed the erstwhile company’s founder B Ramalinga Raju, four individuals and an entity to disgorge unlawful gains worth over Rs 624 crore. Sebi has also barred Ramalinga Raju and Rama Raju from the securities markets for nearly five years but the directions will be…
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Gurpurab decoration ideas for home
Gurpurab, also known as Guru Nanak Jayanti or Guru Nanak’s Prakash Utsav, marks the birth anniversary of Lord Guru Nanak, the first of the ten Sikh Gurus. It is an important occasion for the Sikh community and devotees perform various rituals and organise grand ceremonial processions as part of the celebrations. Gurudwaras are beautifully decorated…
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MSME: Export headwinds to stretch MSME working capital requirements: Report
Micro, small and medium enterprises (MSMEs), accounting ~40% of India’s exports, will face headwinds from the imminent economic slowdown in advanced countries, particularly the US and Eurozone. These two geographies account for a third of India’s overall exports. An analysis by CRISIL MI&A Research, captured in its biannual MSME Report, shows a fifth of the…
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RBI, Bank of England ink pact on sharing info
The MoU establishes a framework for the BoE to place reliance on RBI’s regulatory and supervisory activities while safeguarding UK’s financial stability. The RBI, in a statement, said that the MoU also demonstrates the importance of cross-border cooperation to facilitate international clearing activities and the BoE’s commitment to deference to other regulators’ regimes. It said…
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Alibaba dips on MS downgrade as PDD grabs spot of most valuable Chinese e-commerce firm
U.S.-listed shares of Alibaba Group Holding dipped on Friday following a Morgan Stanley downgrade on concerns over slower turnaround in its key businesses, just hours after rival PDD raced past to become the most valuable Chinese e-commerce firm. Alibaba’s U.S. shares slipped 1.5% to $73.7 in premarket trading, tracking a fresh one-year low. They are…
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Tata Tech, DMart among 10 big-ticket IPOs that gave over 50% listing gains to investors – Big-Bang Returns
ITC Share Price 449.80 03:59 PM | 01 Dec 2023 14.00(3.21%) NTPC Share Price 268.95 03:59 PM | 01 Dec 2023 7.65(2.93%) Axis Bank Share Price 1104.65 03:59 PM | 01 Dec 2023 30.40(2.83%) Larsen & Toubro Share Price 3190.65 04:00 PM | 01 Dec 2023 81.45(2.62%) Britannia Industries Share Price 4970.75 03:59 PM |…
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Powell brushes off rate-cut speculation as Fed moves carefully
Federal Reserve Chair Jerome Powell pushed back against Wall Street’s growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22-year high but retain the option to hike further. “It would be premature to conclude with confidence that we have achieved a sufficiently…
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Sebi postpones linking of SCORES with online dispute resolution platform to April
MUMBAI – The Securities and Exchange Board of India (Sebi) has extended the timeline for implementation of linking SEBI Complaint Redressal (SCORES) with the online dispute resolution platform to April 1, 2024. Earlier, the deadline for linking both the platforms was December 4. In September, the capital market regulator had issued a circular saying that…
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Wall St edges higher as Powell comments bolster peak-rate bets
Wall Street’s main indexes inched higher on Friday after Federal Reserve Chair Jerome Powell acknowledged progress in lowering inflation, encouraging expectations the central bank was done with its interest rate hiking campaign. Powell noted a key measure of inflation was near the Fed’s 2% target and that it was clear the U.S. monetary policy was…
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