This rise in inflation in the US, according to analysts at Jefferies, is one big factor that will see most IT companies hike wages going ahead
Payments, according to the report, was the second-most popular category for US investors, as 167 companies received funding in 2021 in the APAC region.
On its part, the US has been battling a spike in inflation that hit 7.9 per cent in February - a four-decade high. The CPI has not been the highest since January 1982, when it hit 8.4 per cent
Will lockdown in China impact India's phone production? What should you do after EPF interest rate cut? How will the market react to US Fed meeting? What are submarine cables? All answers here
However, analysts say short-term investors should partially book out from paper stocks as the industry is a "classic cyclical play"
Bihar Board 12th result 2022 has been declared on biharboard.ac.in. Check details on BSEB toppers' lists, pass percentage, result download links, and more
CLOSING BELL: Ultratech Cement (up 4.6 per cent) was the top Nifty gainer today. This was followed by Axis Bank, Shree Cement, IndusInd Bank, Bajaj Auto, and Hindalco
The stock was up 2% at Rs 242 on the BSE in intra-day deal, its highest level since November 18, 2021
The company has reportedly signed MoU with French aerospace engine firm Safran to extend cooperation and explore opportunities for new helicopter engines in civil and military markets
SGX selected TCS BaNCS for its multi-broker, low latency capabilities, to serve as the end-to-end solution for its trading, clearing, settlement and risk management ops
Samsung Electronics Vice Chairman and co-CEO Han Jong-hee on Wednesday apologised for controversy around recently launched Galaxy S22 smartphone performance due to a pre-installed app
According to Ravi Singh, Vice President and Head of Research, Share India, the hopes for further Russia Ukraine talks has calmed down the panic selling in the broader indices for a while.
Paper stocks have rallied over 20 per cent in the recent past on hopes of higher demand as schools, offices reopen for normal functioning; charts indicate more upside.
The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.
The company reported a 486 per cent year-on-year (YoY) jump in profit after tax (PAT) at Rs 109 crore for the quarter ended December 2021.
The exchange said, the stock will be in trade-for-trade (T2T) segment for the first 10 trading days.
DSP Mutual Fund is overweight on Banks as we believe they are adequately capitalised
The EPFO decides the rate of interest for the EPF scheme on a yearly basis. The rate of interest is dependent on the market conditions and is vetted by the finance ministry. Here's how to calculate it
The technical analyst expects the Nifty to turn bearish below 16,555; whereas on the upside sees resistance around 16,927 and 17,040 levels.
Auto stocks too could be in limelight as the government shortlisted 75 firms under its PLI scheme for the sector.
SC allows Amazon to file interim application
Performing Credits are the structural opportunity, which are undiscovered and yield a high risk-adjusted return amid rising interest rates
CLOSING BELL: Metal stocks including Hindalco, Tata Steel, and JSW Steel were among the worst hit stocks on the bourses as they shed between 3.7 per cent and 5.3 per cent
The company remains confident of the medium to long-term growth prospects in edible oils, processed food, palm plantations and other businesses of the company.
The stock of the telecom equipment company was trading close to its 52-week high level of Rs 949, touched on October 19, 2021.
The operation ramp-up at its BOPP facility and the commencement of additional capacities over the medium term will support the volume growth and is likely to ensure a healthy operating performance
The re-opening of offices, educational institutions, and courts will lead to normalisation of paper demand.
With Tuesday's intra-day fall of 9 per cent, Paytm's market capitalisation dropped to Rs 40,863 crore, down at the 112th position on the BSE.
Hijab row verdict: Hijab is not essential religious practice of Islamic faith and putting reasonable restrictions on uniform are justified says Karnataka high court.
Going forward, significant momentum in Cipla will likely continue due to US gains on the back of peptide portfolio unlocking and possible approvals and launches of gRevlimid, gAdvair and gAbraxane
The Samsung Galaxy S22+ is a versatile smartphone with something in store for everyone. It delivers a wholesome experience despite the absence of fancy bells and whistles of the Galaxy S22 Ultra
Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.
Union minister Nitin Gadkari on Saturday said top officials of automobile companies have promised him that they will start manufacturing vehicles of flex-fuel variants within six months.
Tata Sons is yet to appoint the chief executive officer and managing director (CEO&MD) of Air India
According to analysts chief executive officer Pratik Rashmikant Pota's resignation is a setback for the company, especially in the near-term, as the company faces macro headwinds in the form of sticky
According to the data released by the NSO, the rate of price rise in the food basket was 5.89% in February, up from 5.43% in the preceding month
In December 2020, RBI had imposed restrictions on HDFC Bank on issuing new credit cards, and introducing new digital initiatives due to concerns over recurring IT-system outages
CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade
GHCL had received 'No adverse observation/ No objection' letters from the BSE and the National Stock Exchange of India for a proposed scheme of arrangement on March 3
This moves comes as a positive for HDFC Bank as this will paddle growth opportunities, said brokerage ICICI Securities.
The edible oil firm announced that it will launch its follow-on public offer on March 24
Paytm has clarified stating the RBI ban does not impact on the services provided in partnership with other financial institutions.
Stabilising crude oil prices and BJP's impressive show in state polls boosted the morale on the streets. This week investors will track the two-day Fed meeting against the backdrop of US inflation
Paytm is likely to be in focus after RBI's ban on fresh onboarding of customers to its arm Paytm Payments Bank with immediate effect over the weekend.
'Coking coal went up to $650 a tonne and iron ore crossed $150 a tonne. Not just that, all other elements that go into steelmaking have shot up. So have freight rates,' says T V Narendran
This is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its inception in May 2017
'Reserve Bank of India has lifted the restriction on the business generating activities planned under the Bank's Digital 2.0 programme,' announced HDFC Bank
Biden said Russia would never be able to gain victory in Ukraine
The investment comes at a time when the company is gearing to come up with its initial public offer in the next 9-12 months
CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent