Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETFand 4 percent advance on the S&P 500. Ari Wald, head of technical analysis at Oppenheimer, says it makes sense to ... Read More »
Chinese gaming giant Tencent Holdings Ltd will launch its mega-hit smartphone game “Honor of Kings” in the EU and United States this year, a person familiar with the plans said, amid a backlash in China over its addictive features. The game has roughly 55 million daily active users and analysts estimate its monthly revenue is more than CNY 1 billion ($147.09 million), ... Read More »
Finance Minister Arun Jaitley said the AIIB has come up amidst huge expectations in a difficult time for the global economy. Beijing: India continues to maintain a high growth rate even in times of difficult global conditions and is sticking with its agenda of reforms push and infrastructure creation, Finance Minister Arun Jaitley has said. Addressing the annual general meeting of the Board ... Read More »
Arun Jaitley also offered India’s support in establishment of a regional office of the Asian Infrastructure Investment Bank in New Delhi. (File Photo) BEIJING: India continues to maintain a high growth rate even in times of difficult global conditions and is sticking with its agenda of reforms push and infrastructure creation, Finance Minister Arun Jaitley said. Addressing the annual general ... Read More »
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 »
Overall, for the Indian IT sector, Bank of America Merrill Lynch sees the earnings of Indian outsourcers to get impacted due to Brexit. More From Market HCL Tech Allots 84,000 Shares Under 2004 Stock Option Plan Rupee Hits 1-Week High Of 67.08, Gains 9 Paise Vedanta Sweetens Terms For Cairn India Merger Cairn India Surges 12% To 52-Week High Federal ... 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 »
Techosta Where Tech Starts From