Tech Market

Looking Forward To Opening Retail Stores In India, Says Apple CEO Tim Cook

Tim Cook had discussed manufacturing and setting up retail stores in India with PM Modi. NEW DELHI:  Apple CEO Tim Cook has said the tech giant is “looking forward” to setting up retail stores in India to tap into the booming smartphone market in here. “India is now one of our fastest growing markets. In the first three quarters of ... Read More »

Is The Party Over For Indian IT Companies? Some Say Yes

IT companies have disappointed investors with weak earnings in the June quarter HIGHLIGHTS IT companies are likely to see further de-rating, said market expert Weak quarterly earnings is the big dent in the IT sector IT stocks have underperformed the broader markets IT stocks have underperformed the broader markets that are in the midst of a remarkable rally. The Nifty50 ... Read More »

Tech Stocks Power Wall Street To Another Record High

The S&P 500 hit a record intraday high on Monday, led by tech stocks such as Apple and Google-parent Alphabet, but a drop in oil prices weighed on energy stocks. The index has been on a record-breaking rally – helped by largely positive data and strong earnings – and hit an intraday high for the seventh time in July on ... Read More »

Buy ICICI Bank, L&T; Sell HCL Tech: Sahil Kapoor

Sahil Kapoor recommends buying Nifty call options. Sahil Kapoor, chief technical analyst at Edelweiss Securities, expects Nifty to touch 9,000 levels by September. He recommended buying Nifty call options as premiums are relatively low. Stock Talk: Buy ICICI Bank: The recent correction is a good opportunity to enter into the stock as it has already established a bullish trend. Buy ... Read More »

Profit-Taking Hits Sensex For Third Day; Pharma, Metals Drag

Investors have been piling up stocks on hopes that the GST will soon become a reality 3:35 p.m.: Sensex ends lower for third day on profit-taking. The benchmark index declined 21 points to end at 27,981 while the broader Nifty50 index slipped 13 points to 8,622. The broader markets also declined with BSE midcap and smallcap indices falling 0.60 per cent ... Read More »

Sensex Slumps 284 Points On Profit-Taking, Global Weakness

Markets experts had warned about selloff in domestic markets after the sharp run-up 3:35 p.m.: Sensex slumped 284 points on profit-taking, global weakness – marking its fourth day of fall in a row, while Nifty settled at 8,544. Investors awaited a decision on the goods and services tax bill as Rajya Sabha debated the legislation. Analysts say that Indian markets need ... Read More »

Solomoto Platform Handles Webdesign, CRM, Ecommerce, More

Solomoto is a marketing technology provider that helps small companies grow by centralizing their digital business needs into an all-in-one platform that encompasses web design, ecommerce, CRM, social media marketing and ad campaigning. The company is based in Tel Aviv, Israel, and launched in 2015. It first ventured into international markets — Brazil and Eastern Europe, specifically — and is now attempting to break ... Read More »

India Produces Most School Pupils With Coding Skills: Report

Mumbai: The number of school students with coding skills in India is much higher than in the US, says a report. “India produces the most school pupils with coding skills – almost 10 times as many as the US (although the percentages of those graduating from high school are small),” said the report based on the Barclays Digital Development Index. The index measures and ... Read More »

Vodafone To Join Data War, Announce Plans Shortly

New Delhi: With mobile services market hotting up ahead of Reliance Jio’s launch, Vodafone India on Tuesday said it will announce revised plans for data pack in a day or two to keep its promise of offering “competitive” rates to customers. “We always believe in giving value to customers. We will shortly be coming out with our plans,” Vodafone India ... Read More »

Japanese Chat App Operator Line Corp Soars In New York Debut

Shares of Japanese messaging app operator Line Corp soared as much as 36 percent in their U.S. market debut on Thursday, valuing the high-profile tech startup at $9.34 billion in the biggest tech IPO this year. The offering of 22 million American Depository Shares (ADSs) at $32.84 each topped the upper end of the expected price range of $28.50-$32.50, raising ... Read More »