LIVE market updates: Indian markets staged a smart recovery from morning lows to trade nearly 1% higher in midday deals on Friday. The S&P BSE Sensex was trading around 49,710 levels, up 500 points. The index touched an intraday low of 48,587 at the beginning of the session. Meanwhile, the …
Read More »Adani Green, Vedanta, Infosys, Coromandel International, RITES
NEW DELHI Here is a list of the top ten stocks that may appear in the news on Thursday: Adani’s Green Energy: The company has commissioned a 100 megawatt (MW) solar power project at Khirsara in Gujarat. “Adani Solar Energy Kutchh Two Private Limited, a wholly owned subsidiary of Adani …
Read More »India’s super rich club sees 10 new entrants in 2020; wealth up to 33%
The recent rally after the stock market closes has surprised many and has also benefited billionaire promoters in India. The super rich club grew to an all-time high of 90 billionaires (in dollar terms) against 80 at the end of December 2019. Together, these billionaires now have a combined wealth …
Read More »Infosys can implement a hybrid work model for employees starting next year
With working from home still the norm after the coronavirus (Covid-19) outbreak, IT services giant Infosys is exploring a hybrid work model. The company is likely to adopt this model starting next year. According to this model, employees do not need to go to the office every day for at …
Read More »Here are some of the best analyst actions for Diwali
As India prepares to celebrate its Diwali festival this weekend, stock traders see growing signs of an economic recovery from the pandemic as reason to encourage and advise investors to buy cyclical stocks. Companies in sectors that include cement, housing, software, healthcare, telecommunications and finance are among their top picks …
Read More »Here are some of the best analyst actions for Diwali
As India prepares to celebrate its Diwali festival this weekend, stock traders see growing signs of an economic recovery from the pandemic as reason to encourage and advise investors to buy cyclical stocks. Companies in sectors that include cement, housing, software, healthcare, telecommunications and finance are among their top picks …
Read More »H1B Visa News: US Proposes Not to Issue Business Visas for H-1B Specialty Occupations | International business news
WASHINGTON: The U.S. Department of State in a federal notification Wednesday proposed making changes to its existing visa regulations under which foreign professionals, which would fall under the H-1B category, a temporary business visa would not be issued, as has been widely prevalent today. If finalized, this proposal will eliminate …
Read More »Why did Sensex drop more than 1000 points today? Brutal liquidation erases 6 days of earnings
Indian stocks fell sharply today, ending their longest winning streak in nearly six years as investors posted gains in IT companies and bank stocks. The NSE Nifty 50 Index closed 2.4% lower to 11,680.35, while the S&P BSE Sensex fell more than 1,050 points to 39,728, eliminating the last six …
Read More »Infosys reaches Rs 5 trillion in market capitalization
MUMBAI: Infosys Ltd on Thursday became the fifth Indian company to cross ₹5 trillion in market capitalization, and the shares have rallied nearly 61% so far this year. It is the second IT firm in the country to achieve the milestone. The stock hit a new record of ₹1,185 each …
Read More »After TCS, Infosys Announces Salary Increases As Industry Weighs Out Of Pandemic
It seems to be the season of salary increases in the IT sector of India. After Tata Consultancy Services (TCS), India’s second largest IT services company, Infosys has also decided to offer raises to its employees. The salary increase, along with promotions for some, would take effect from January 1, …
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