Digital Financial News

If the current trends sustain analysts expect the company to double investors' wealth on listing day itself. The robust demand was also seen in the subscription numbers as the issue was booked over 6 times on the first day itself. The IPO, which closes on November 24, is the first from Tata Group since TCS, which is also one of the reasons why the issue is generating considerable buzz. Also Read | Tata Technologies vs 4 other IPOs: Which is the best bet if you have to pick one? Analysts are overwhelmingly positive on the issue and, in fact, prefer the IPO over four others.

Dipan Mehta, Director, Elixir Equities, says “For Mumbai-based realty companies going into NCR is another different game altogether. I do not see too many companies, apart from Godrej Properties, which have successfully created a pan India operation worth mentioning. So we will wait and watch and see how Oberoi’s foray into NCR is shaping up. But nonetheless, I think real estate companies are on a song.” While we spend a lot of time discussing HDFC Bank, Reliance, Zomato and Paytm, we do not perhaps discuss Tube Investment, Carborundum, Chola, EID, Parry. These are the real gems of the south, so to speak. You are absolutely right. These are nice low profile companies. They just get on with their business and deliver exceptional returns. CG Power has been a fantastic multibagger stock and what a fantastic turnaround story it has been and kudos to Tube Investment for identifying this opportunity and buying into it and turning it around so quickly and creating so much value for the shareholders. By and large these are very well managed companies. They have sound capital management policies and they generally do not diversify away from their core operations. They have been market darlings, although they are not that much in the public eye in terms of news flow, but nonetheless they are great performers.

The world is witnessing an extraordinary transformation driven by the rapid advancement of artificial intelligence (AI), data, and CRM innovations. Similar to how emails and SMS revolutionised communication, generative AI stands to impact every aspect of our personal and professional spheres. According to a report by Nasscom, India has achieved a remarkable AI skills penetration factor of 3.09, surpassing all G20 and OECD countries. This indicates that the country’s tech talent is three times more likely to possess or report AI skills than other nations.

Nifty closed above 19,800 for the first time since October 17, while the Sensex closed above 66,000. The Nifty is now up nearly 1,000 points from its October 26 low of 18,837.When Asian market opened on Thursday, there was cautious activity following a slight rise in US stocks and a decline in Treasuries, triggered by data indicating a sustained expectation of inflation among US consumers.

government will come out with a definitive “risk-based” framework with multiple options for social media and internet intermediaries to ensure age-gating and subsequent parental consent management, multiple people aware of the development told ET. This framework will have to be adopted by social media companies such as Meta-owned Facebook and Instagram and Google’s YouTube along with all edtech and health platforms among others, they said.

The Brazilian neobanking unicorn Nubank is stepping up its crypto adoption drive, adding trading capabilities for five more altcoins to its banking app.

The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024.

Narendra Modi said on Wednesday. Speaking to the world leaders at the opening of the Virtual G20 Leaders Summit, Modi said the leaders have come together at the summit to find a solution to major global issues. "Disturbances and security-related issues in West Asia are a matter of concern for all of us," Modi said.

Long-time partner Joseph Naggar, who was highly influential in GoldenTree Asset Management’s expansion into crypto investments, is set to leave the company.

The Blockchain Association released its annual report on Wednesday, November 22nd, showcasing the challenges and highlights faced by the crypto sector this year.

Sam Altman's return as OpenAI's chief executive will strengthen his grip on the startup and may leave the ChatGPT creator with fewer checks on his power as the company introduces technology that could upend industries, corporate governance experts and analysts said. OpenAI is bringing Altman back just days after his ouster as well as installing a revamped board that could bring sharper scrutiny to the startup at the heart of the AI boom, but strong support from investors including Microsoft may give Altman more leeway to commercialize the technology.

Brian Armstrong-led cryptocurrency exchange Coinbase has again called on the US justice system to persuade the Securities and Exchange Commission (SEC) to provide clear regulatory guidelines on crypto assets.

NEW DELHI : Online self-publishing and audiobook portal Pratilipi, which has diversified from text to audio and now comics, has found a bunch of mainstream partners to churn out different versions of its successful stories. From Disney+ Hotstar and Audible, the online audiobook service owned by Amazon, to music label and film production house T-Series, the company believes in keeping intellectual property (IP) at the centre of its strategies and leverages its literature to bring out podcasts, comics and, now, web series.

Zomato, Swiggy, Ola, Paytm, India Post, etc. A person privy to the e-commerce policy discussion confirmed, “It’s true that the conversation regarding dropping of registration clauses is happening, but it’s at the government level only.

Euler Network's is reportedly poised to redefine the market, standing tall alongside stalwarts like Bitcoin in the coin market. Euler Network, paying homage to the mathematical luminary Leonhard Euler, is not just another contender in the crypto arena; it represents a groundbreaking exploration into the future of digital currencies. Taking inspiration from the success of Pi Network, Euler Network aims not only to replicate but to evolve and enhance, carving a niche in crypto history with unprecedented speed and audacity.

New Delhi (India), November 22: Mobile applications are considered to be the best evaluation that has brought significant change to global businesses. Whether it could be for a retail store looking for ways to connect with its target audience or an enterprise making sure its team stays connected and well-informed; mobile applications can do it all.

New Delhi (India), November 21: We know that the term digital marketing is not new to you. The digital landscape is constantly thriving as businesses keep pushing boundaries to stand out. In order to make their mark, businesses often turn to professionals.

National Investigation Agency (NIA) on Wednesday carried out raids at 14 locations in Punjab and Haryana in connection with its probe into attacks on the Indian Consulate in San Francisco in the US earlier this year, an official spokesperson said. The spokesperson said these places located in north India were raided to unravel the complete conspiracy behind the attacks on March 19 and July 2, involving criminal trespass, vandalism, damage to public property and attempts to cause hurt to the consulate officials and set the building on fire through acts of arson. The locations raided by the NIA were spread across the districts of Moga, Jalandhar, Ludhiana, Gurdaspur, Mohali and Patiala in Punjab and Kurukshetra and Yamunanagar in Haryana.

Big banks are beating their competitors when it comes to customer satisfaction with wealth management and planning apps, according to a report Tuesday from J.D. Power.