Stocks fell along with US equity futures Monday on escalating threats to global economic growth, in particular the Federal Reserve’s commitment to tighter monetary settings to quell inflation. Losses for bourses in Japan, Australia and South Korea were in the region of 1% following the worst week for global shares since late June. S&P 500, …
Prioritising the development of a cyber-resilient workforce is nothing short of critical for organisations, says Samir Kumar Mishra, director, Security Business, Cisco India & Saarc, as he talks to Sudhir Chowdhary about his firm’s skill building efforts in the country. Excerpts: How critical is it for firms to prioritise building a cyber-resilient workforce? What are …
Indian equity markets have been highly volatile in the past few sessions, swinging between gains and losses. Amid this volatility, analysts believe that thematic, stock specific approach may help make better investment decisions. One of the sectors that investors can look at is infrastructure. Nifty Infra index has rallied around 10% in the last 6 …
Petrol and diesel sales in the country fell in July over the previous month as the onset of monsoon chipped away demand in some sectors and restricted mobility, preliminary industry data showed. Diesel, the most widely used fuel in the country, saw consumption drop 13.1 per cent to 6.44 million tonnes from 7.39 million tonnes …
Go to Live Updates Share Market News Today | Sensex, Nifty, Share Prices: Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 were trading higher on Wednesday, a day before weekly F&O expiry. While Sensex rose 300 points or 0.5 per cent to climb above 60,000, its broader peer NSE Nifty 50 was up …
Indian equity markets were trading firmly in green on Wednesday. While Sensex reclaimed 60,000, Nifty 50 climbed above 17,900. Amid the recent rally, investors are looking to enter the stock market to take advantage of the bull momentum. For all those who are confused when to buy stocks, Zerodha co-founder Nikhil Kamath shared some advice …
Zephyr Peacock — the Indian investing wing of New York-headquartered private equity (PE) firm Zephyr Management — plans to make 7-9 investments in the country over the next 18-24 months. The third fund — which has a total corpus of $100 million —will make a total of about 14-15 investments, Pankaj Raina, MD, investments, told …
India has increased tax on locally produced crude oil and cut export taxes on jet fuel and diesel, according to a government notification on Tuesday. India raised the tax on domestically produced crude to Rs 17,750 per tonne from Rs 17,000 per tonne, while cutting export taxes on jet fuel to zero from Rs 4 …
Sun Pharma Q1FY23 revenue/Ebitda /PAT was 2/4/13% above our estimates. The topline beat was driven by a 29% y-o-y sales increase in specialty segment. Ebitda was boosted by lower R&D while PAT benefited from lower taxes. Management indicated Winlevi ramp-up will continue in the coming quarters. We estimate Sitagliptin impact to be limited on FY23 …
Foreign institutional investors (FII) offloaded shares worth net Rs 4,236.60 crore, while domestic institutional investors (DII) added shares worth net Rs 3,569.36 crore on October 25, 2023, according to the provisional data available on the NSE. For the month till October 25, 2023, FIIs sold shares worth net Rs 17,396.07 crore while DIIs bought shares …