Small businesses and others seeking a better way to communicate with customers or partners in tech challenged areas should rejoice. Facebook (NASDAQ:FB) has launched lighter version of its Android Messenger app. The new bare-bones Messenger app is designed for people in areas with slow internet connections as well as for older phones with less powerful processors and less memory. Introducing ... Read More »
Advanced Enzyme Technologies exports to 50 different countries and has 0.9% market shares globally. Advanced Enzyme Technologies, which launched its initial public offer (IPO) to raise around Rs 410 crore today, will utilise part of the proceeds to expand its business going ahead. “We will be expanding geographically…… we are going to expand our research base more and continue to ... Read More »
London: European shares advanced on Wednesday, with the technology sector leading the market higher after SAP and ASML Holding reported forecast-beating quarterly results. Shares in SAP, Europe’s largest software company, rose 4.7 per cent as unexpectedly strong growth in high-margin packaged software licenses fuelled its quarterly earnings. Its second-quarter operating profit rose 9 per cent. ASML Holding, a key supplier ... Read More »
Sumeet Jain says Nifty is likely to see expiry below 8,450 for this month’s contract. The Nifty faces stiff resistance around 8,600-8,620 and fresh buying is unlikely to emerge unless the benchmark takes out these levels, says Sumeet Jain, head – derivatives & technicals with Destimoney Securities. Nifty is likely to see expiry below 8,450 for this month’s contract, he ... Read More »
New Delhi: Indian IT services company HCL Technologies on Friday said it has allotted over 84,000 equity shares under the 2004 Stock Option Plan, taking its paid-up share capital to 141 crore shares. In its filing to BSE, the company said the allotment had been done by its Employees Stock Option Allotment Committee on July 21, 2016. “Consequent on the ... Read More »
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 »
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 »
It’s been a big week in tech news, though next week is going to be a huge one as well, thanks to Apple’s WWDC which will take place on Monday night India time. This week though, the big news of the week probably was about Twitter getting hacked – the company denied reports of a system breach that exposed the ... Read More »
U.S. stocks rose on Tuesday, led by gains in technology shares as Federal Reserve Chair Janet Yellen was optimistic about the economy and played down the risk of a recession, while concern over the upcoming British referendum remained subdued. Yellen, however, warned that the British vote on Thursday on whether to stay in the European Union, alongside a U.S. hiring ... Read More »
IT stocks gained on Monday after rupee fell nearly one per cent to an intraday low of 67.70 against the US dollar. HCL Tech was up as much as 4 per cent to be the top gainer in the Nifty50 index, while Tech Mahindra, TCS and Infosys were all up over 1.5 per cent each. Three out of the top ... Read More »
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