Tech Market

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 »

Telecom Companies’ Data Revenues To Double In Two Years: CLSA

Mumbai: Predicting data revenues for telecom operators to double to $11 billion by 2017-18, top brokerage CLSA has said the much-awaited commercial entry of Reliance Jio would drive the market further. Even as existing operators have begun to focus on content, the key differentiator will be network delivery, or quality and download speed – areas that have intensified ahead of ... Read More »

L&T Infotech’s Rs 1,200 Crore IPO Fails To Excite Analysts: 10 Things To Know

Investors in the primary market have reasons to cheer, with many of the recent initial public offers (IPOs) returning huge listing gains. Blockbuster listings of Dr Lal PathLabs, Alkem Labs, TeamLease Services, Thyrocare Tech and more recently Mahanagar Gas, have boosted the confidence of retail investors in IPOs. It’s no surprise that some of the recent IPOs have therefore attracted ... Read More »

Idea, Airtel Shares Slump Amid Allegations Of Rs 45,000 Crore Telecom Scam

Shares of mobile operators fell sharply on Friday, following the Congress party’s allegation about a staggering Rs 45,000-crore telecom scam. Congress spokesperson Randeep Surjewala on Thursday alleged that the government is “surreptitiously taking steps to protect the interests of six leading telecom companies by helping them avoid the payment of charges rightfully owed to the government.” The telecom companies named ... Read More »