New Delhi: The cabinet approved on Wednesday an auction of mobile phone airwaves, a government source told Reuters. Earlier this year India’s telecom ministry had proposed sale of airwaves in the 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 MHz bands. India is the world’s second largest mobile phone market by users after China, ... 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 »
HIGHLIGHTS Xiaomi has built-in the Gold shade version is combuilt-ing quickly. The Black coloration variant is to be had through Amazon India and Flipkart. The Xiaomi Mi wi-five is priced at Rs. 24,999. Xiaomi India has announced that the Black shade variant of its Mi wi-five flagship phone will pass on salewithbuiltintegrated usa on Friday. The smartphone will be available ... Read More »
The Nifty published sturdy gains after 3 weeks of consolidation and this rally augurs nicely for the Juneseries, stated Kunal Bothra, senior technical analyst with LKP Securities. With international marketstransferring up and Nifty lower back above 200-day shifting common, the begin of subsequentcollection might be around eight,a hundred or eight,200, in an effort to trigger some other round of positivity ... Read More »
shares of Indo Tech Transformers had been locked in higher circuit of 20 per cent at Rs 224.70 after theorganization mentioned strong set of March zone numbers. Chennai primarily based transformer manufacturer, Indo Tech Transformers these days said that itsinternet earnings surged almost 10 times to Rs 10.11 crore from Rs 1.35 crore for the duration of theidentical quarter remaining ... Read More »
New Delhi: India’s begin-up area may additionally lose a few sheen in the job market as managementand tech graduates would possibly decide upon joining “more secure businesses” after the Flipkart “fiasco”, consistent with professionals. The e-commerce main has deferred becoming a member of dates for campus hires from IIM Ahmedabad and IITs bringing up restructuring of its businesses, for which ... Read More »
A spoil above 8,000 on the Nifty has caused a exchange in outlook for domestic inventory markets, says Aditya Agarwal, head of technical studies at Way2Wealth. clean long positions are getting built andstandard structure for markets is asking bullish, he delivered. Mr Agarwal expects the Nifty to face a fewpressure around present day ranges, however says the index will spoil ... Read More »
Mumbai: Union IT Minister Ravi Shankar Prasad on Wednesday asked software exporters not to get “perturbed” too much with the aid of the visa problem for sending specialists to the us, their largestmarket, pronouncing American agencies can’t “live on” without their help. “Do no longer be unnecessarily perturbed by way of the us visa problem. I don’t suppose Americanbusinesses can ... Read More »
Wall avenue stumbled for a 3rd immediately session on Monday as tech stalwarts Microsoft and Apple dragged on indexes and traders braced for main economic and political events inside the usa and Europe. Microsoft fell 2.7 percentage after announcing it might purchase on line networking corporation LinkedIn for $26.2 billion in its biggest-ever deal. LinkedIn stocks jumped forty six.6 percentage. ... Read More »
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