US stocks climbed for the fourth straight day Tuesday as strong earnings continued to pull the market closer to the record high it set in late January. Industrial companies rose and banks moved higher as interest rates increased. Gains for Microsoft and Google’s parent company, Alphabet, helped technology companies. Companies including Hertz, Etsy, and Mosaic climbed after their results surpassed ... Read More »
HIGHLIGHTS Cashback of Rs. 5,000 is applicable on iPads and Apple Watch Offer period is March 12-April 15 Maximum of 2 transactions per card is applicable for cashback Apple India has partnered with ICICI Bank to offer cashback of up to Rs. 10,000 on purchase of select iPhone variants, as well as iPad, MacBook, and Apple Watch models. The offer entails a cashback of Rs. 10,000 on MacBook ... Read More »
Tesco’s chief digital officer has defected to Deutsche Bank. Thomas Nielsen is joining Deutsche as chief digital officer for its global transaction business, the bread and butter business that keeps cash flowing around the world for the bank’s multinational clients. “Data and technology are key to innovation, in particular for financial services. The consumer sector has been driving this for ... Read More »
12:10 pm Buzzing: Adani Power shares fell as much as 4 percent intraday after foreign brokerage house Citi discontinued its coverage on the stock. “We are discontinuing coverage on Adani Power due to reallocation of our resources. The firm’s last recommendation for the stock is sell and our target price is Rs 23. This is our last rating on Adani Power,” the ... Read More »
U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »
HIGHLIGHTS The 10000mAh Mi Power Bank is priced at Rs. 1,299 Mi Capsule Earphones are priced at Rs. 999 Mi In-Ear Headphones Pro (Gold) are priced at Rs. 1,799 Xiaomi India is on the last day of its three-day sale, and several of discounts, offers, and Re. 1 flash deals were introduced to commemorate its two-year anniversary in the country. ... Read More »
The merger of SBI with associate banks is likely to take place towards the end of the current fiscal year. New Delhi: Consolidation among public sector lenders is expected to happen only after the completion of merger between State Bank of India (SBI) and its associates, a senior Finance Ministry official said. “Banks can consider merger and acquisition only when their financial strength ... 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 »
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 »
The Nifty posted sturdy gains after three weeks of consolidation and this rally augurs nicely for the Juneseries, said Kunal Bothra, senior technical analyst with LKP Securities. With global markets shifting up and Nifty returned above 200-day transferring average, the begin of subsequent collection may be roundeight,one hundred or 8,two hundred, with a view to trigger any other spherical of ... Read More »
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