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Wipro. The Nifty 50 hit the 22,000 mark for the first time, setting its fresh peak of 22,081.95 while the Sensex scaled its fresh record high of 73,288.78 during the session.

CBS News. The US Department of Justice on January 11 pronounced the verdict that eBay had entered into a deferred prosecution agreement after being charged criminally with two counts of stalking through interstate travel, two counts of stalking through electronic communications services, one count of witness tampering, and one count of obstruction of justice. A US couple, Ina and David Steiner, claimed that in August of 2019 they received strange gifts and threats.

TCS vs Infosys vs Wipro vs HCL Tech: After the announcement of Q3 results 2024 by Indian IT majors — HCL Technologies, Tata Consultancy Services (TCS), Infosys, and Wipro, in the week gone by, all four IT majors of the Indian stock market have been in a bull trend. In early morning deals on Monday, all four IT stocks touched new 52-week highs respectively. HCL Tech shares hit a new lifetime high after climbing to its new 52-week high on Monday.

a scrappy insurgency in desolate northern Yemen has managed to put itself in conflict with both the Middle East’s strongest power and the world’s superpower. Early on January 12th American and British warplanes bombed dozens of targets in Yemen. More allied strikes could take place.

Wipro were better than estimates. Expectations were low as Q3 is a seasonally weak quarter due to furloughs coupled with the ongoing demand uncertainty. Notably, management commentary is still cautious with large-caps not seeing a visible pick-up in discretionary IT demand just yet.

Wipro surged 13 percent in intra-day deals today to hit a fresh 52-week high of ₹526.45 as the company's December quarter earnings beat estimates even though it reported a decline in its net profit for the December quarter (Q3FY24). This also comes after the company's American Depository Receipts (ADRs) surged almost 18 percent to hit a near-20-month high of $6.35 after the company reported its results on January 12. Wipro's net profit fell 12 percent year-on-year (YoY) and 1.2 percent sequentially to ₹2,694 crore.

South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim.

Catch Live Market Updates here On Friday last week, the domestic equity market benchmarks the Nifty 50 and the Sensex saw strong gains. The Sensex hit its fresh all-time high of 72,720.96 during the session before closing the day with a robust gain of 847 points, or 1.18 per cent, at 72,568.45. The Nifty 50 hit its fresh record high of 21,928.25 during the session and closed at 21,894.55, jumping 247 points, or 1.14 per cent.

Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 15 On Friday last week, the Indian stock market indices ended the volatile session with strong gains, primarily driven by the stellar performance of IT giants such as Infosys and TCS. Today, stocks of Wipro and HCL Technologies may remain in focus after they declared their earnings after the market hours on Friday.

Angel One, Kesoram Industries, PCBL and several other companies will announce their third-quarter results today.The US dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the yuan fell to a one-month low after China's central bank surprised markets by keeping its medium-term policy rate steady.The company clocked 13.5% sequential growth in profit at ₹4,350 crore in the December quarter, beating analysts' expectations. Revenue grew 6.7% sequentially to ₹28,446 crore (6% in constant-currency terms).The company reported revenue from IT services of ₹22,150.8 crore in the December quarter, down 1.09% from the previous quarter.

Tata Consultancy Services is planning to focus more on markets such as Japan, Latin America and Southern Europe amid weakness in North America, its chief executive said. The plan to diversify more comes after the industry leader reported its slowest quarterly profit growth since 2020, and revenue contributions from its mainstay market, North America, have declined for four straight quarters.

North Korea on Monday said it successfully test-fired a solid-fuel intermediate-range ballistic missile (IRBM) carrying a hypersonic warhead on Sunday, Yonhap News Agency reported. In a bid to verify the warhead's gliding and manoeuvring capabilities and the reliability of newly developed multi-stage high-thrust solid-fuel engines, the missile loaded with a hypersonic manoeuvrable controlled warhead was launched on Sunday afternoon, Yonhap News Agency reported, citing Korean Central News Agency (KCNA).

Creditors to bankrupt Go First Airlines have unanimously voted to allow fresh proposals from prospective resolution applicants (RAs) to take over the defunct airline, more than a month after receiving no submissions in a process that ended in November. Five entities have expressed interest in the airline. Three — Sharjah-based aviation company Sky One, Africa-focussed Safrik Investments and budget airline SpiceJet — had submitted expressions of interest (EoIs) last month. Two more entities — US-based NS Aviation and Plan IT, which is a consortium of individuals — also subsequently expressed interest in submitting proposals, said two people familiar with the process. «All these applicants will now have to submit a bank guarantee of Rs 5 crore and give a formal EoI to participate in the process,» said one of the persons.

Boeing Co. Chief Executive Officer Dave Calhoun sought to rally employees reeling from a manufacturing setback, this time involving wrongly drilled holes in a crucial aircraft section — yet another blow to a company that once enjoyed a sterling reputation for building awesome flying machines. “I have heard those outside our company wondering if we’ve lost a step. I view it as quite the opposite,” Calhoun wrote in a company memo, going on to tout the “rigor around our quality processes” at the US aircraft manufacturer. “I am proud of the team, and confident we’ll look back on this time period as when we took the necessary steps that set Boeing on the right course for the future.”

By Scott DiSavino

India globally and the country stands at a crucial juncture, ready to catapult into a $35-trillion economy in the next 24 years, marking an era of unprecedented growth, commerce and industry minister Piyush Goyal said. «We are at the cusp of our nation's history that will catapult India into a high-growth economy,» Goyal said at the ET NOW Leaders of Tomorrow Awards on Friday. Emphasising India's stature as a large and trusted economy, Goyal commended the global interest in investing, citing a meeting with a US investment house planning to double their $13-billion investment.

Mint, managing director (MD) and chief executive officer (CEO) C. Vijayakumar said HCL Technologies will continue its hiring momentum through the entire calendar year to maintain its revenue growth guidance. Growth is being fuelled by the company’s existing mega telecom deal with American telecom firm Verizon, a new focus on automotive technologies through its acquisition of Germany’s ASAP Group, and increasing recurring revenue from its software business.

NEW DELHI : The downfall of Byju’s, once a $22 billion giant and India’s leading edtech startup, has sent ripples across the tech industry, triggering caution among venture capital (VC) and private equity (PE) funds. This has let to a persistently challenging market, Jeff Maggioncalda, chief executive officer of US-based edtech firm Coursera, said in an interview with Mint. “How the Byju’s crash affected the overall edtech industry depends on the stage each company is at, and where in edtech it caters to. Edtech in India and China are not looking good these days.

Martin Luther King, Jr.’s birthday is celebrated on 15 January every year to honour the life and legacy of the civil rights leader who was assassinated in 1968 at the age of 39 in Memphis, Tennessee. King’s dream of freedom and rights for African-Americans was closely linked with the Swaraj dream of Gandhi for Indians.

Taiwan told China on Sunday to «face reality» and respect its election result, after voters defied Beijing's warnings and chose pro-sovereignty candidate Lai Ching-te as its President. Voters spurned Beijing's repeated calls not to vote for Lai, delivering a comfortable victory for a man China's ruling Communist Party sees as a dangerous separatist. Beijing responded to Lai's victory by saying it would not change the «inevitable trend of China's reunification».

By Maria Caspani