Market updates: The Nifty50 closed the final session of the week on a strong note after a roller coaster ride, led through fine global cues. The rally globally used to be driven via the news that the US and China will hold trade talks next week. The index managed to...
Wipro: IT major Wipro on Tuesday posted a 0.11 percent year-on-year (YoY) ascend in its solidified net benefit at Rs 2,390.4 crore for the quarter finished June 2020 (Q1FY21). The organization had announced a benefit of Rs 2,387.6 crore in the year-prior period. Consecutively, the numbers became 2.76 percent....
Qualcomm: On Sunday, Reliance industries said that Qualcomm Inc will invest $97.1 million or Rs. 7.3 billion in its digital arm, Jio Platforms. This amount is paid to secure a 0.15% stake in the extensively growing digital unit of Reliance industries, Jio platforms. This partnership would assist jio platform s...
Walmart? Walmart is the world's largest retailer which is now seeking an investment of dollar 1.2 billion in Flipkart. This investment will increase the valuation of The E-Commerce firm at dollar 24.9 billion. Existing Investment: Walmart already invested dollar 16 billion to purchase the majority stake in Flipkart in 2018. This majority...
Portions of Biocon bounced just about 5 percent intraday on July 14 after the organization said it will dispatch biologic medication Itolizumab for the treatment of moderate to extreme COVID-19 patients at a cost of around Rs 8,000 for every vial.The organization has gotten endorsement from the Drugs Controller...
Barbeque Nation Hospitality:  Easy going feasting chain Barbeque Nation Hospitality has gotten markets controller Sebi's endorsement to raise about Rs 1,000-1,200 crore through a first sale of stock. The IPO involves a new issue of offers worth Rs 275 crore and an offer-available to be purchased of up to...
Cracking deal after deal, Reliance Industries (RIL) continues to march ahead. RIL share price increased over 3 percent to mark a new all-time high of Rs 1,882.80 per share on BSE during the late afternoon on Friday. On Thursday RIL crossed its previous high record of Rs 1,833, which touched...
Tata consultancy services(TCS) were confident with the scope of recovery after facing a deep crisis due to the pandemic related factors in the first quarter of financial year 21. It said that the recovery would be quick because the impact of COVID might have bottomed out. However, the quarter 1...
Sensex sheds around 143 points on weak global cues; as the financial stocks tumble very well. Additionally, an Equity benchmark Sensex has been dropped 143 points on Friday, that dragged by losses in financial stocks and negative cues from Asian peers as well. The 30-share index ended around 143.36...
India’s second-largest bank Punjab National Bank (PNB) on Thursday announced that its board has approved a proposal to raise Rs 10,000 crore through a share of both equity and debt. In addition, the board has given green signal for the opening of the balance sheet of the amalgamated bank as...