Security Financial News
22.01 / 00:19
COST
UPS
Provident
security
Software
reports
Indian IT services firms take a divergent AI approach
Subscribe to enjoy similar stories. India’s largest IT services companies are divided when it comes to selling their AI solutions. Infosys Ltd and Tech Mahindra Ltd are building their own small AI models to help clients save costs, while Tata Consultancy Services Ltd, Wipro Ltd and HCL Technologies Ltd want to build on foundational AI tools that are already present in the market.
22.01 / 00:19
security
Trade
country
reports
recommendations
guidelines
International
Mint Primer | The significance of RBI’s plan to take the rupee global
Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) has allowed non-residents to open rupee accounts in the overseas branches of India-registered authorized dealer banks to conduct cross-border transactions. Mint explains the significance of this move: In a circular last week, RBI allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-resident Indians for settling current and capital account transactions with Indian residents. AD banks are authorized by RBI to deal in foreign exchange or foreign securities.
22.01 / 00:19
22.01 / 00:19
Target
Manufacturing
security
Analysis
Research
Trade
electronic
Electronics companies' shares slide as Dixon show disappoints
electronics manufacturing services (EMS) firms were among the top laggards on Tuesday after the third-quarter results of Dixon Technologies, one of the country's largest players in the segment, disappointed investors. Dixon shares plunged 13.9%, Kaynes Technology tumbled 9.7%, Amber Enterprises slumped 7.6%, Syrma SGS Technology declined 4.7% and PG Electroplast fell 6% on Tuesday.
22.01 / 00:19
markets
security
Analysis
Research
Trade
Experts
country
Reel, Baby, Reel: Grizzlies descend on Dalal Street
The Nifty tanked 1.4%, or 320.10 points, to close at 23,024.65. The Sensex plunged 1.6%, or 1,235.08 points, to close at 75,838.36. Both indices fell over 0.5% each in the last week. The selloff eroded India's market cap by around ₹7.52 lakh crore.
22.01 / 00:19
markets
IPO
security
Analysis
trends
Trade
information
Sebi plans pre-listing trade to trip grey market moves
Sebi) plans to introduce a trading window for soon-to-be-listed shares to curb unofficial grey market transactions between the closing day of the initial public offerings (IPOs) and the listing day, said chairperson Madhabi Puri Buch. Speaking at an event in Mumbai on Tuesday, Buch said, Sebi aims to create a structured and regulated platform for securities trading within a controlled framework, eliminating the need for informal market practices.
21.01 / 19:19
security
WhatsApp
Trade
War
A major Israeli operation in the West Bank kills 9 Palestinians and wounds 40
Israeli military operation in the occupied West Bank killed at least nine Palestinians on Tuesday and left at least 40 more people wounded, Palestinian health officials said, as Israel's fragile ceasefire with Hamas in Gaza entered its third day.
21.01 / 16:49
markets
UPS
security
Trade
Covenant
reports
Rising promoter pledge singes Kalyan Jewellers stock
Subscribe to enjoy similar stories. Panicky investors hammered the shares of Kalyan Jewellers Ltd following a stock market disclosure on Monday that the company’s promoters had pledged an additional 5.79% of their shares last week. That takes Kalyan Jewellers’ total promoter pledge to 25.87%, per BSE data.
21.01 / 16:09
markets
COST
security
social
politician
Ray Dalio says cutting budget deficit is crucial to stabilize the bond market
Billionaire investor Ray Dalio thinks reducing the U.S. budget deficit could stabilize the bond market and lower interest rates.
21.01 / 15:53
markets
Fox
security
Strategy
President
PAM
reports
Trump fires first woman leader of US Coast Guard Linda Lee Fagan: What are the charges against her?
US Coast Guard has been terminated over concerns about the border, recruitment and an «erosion of trust,» a senior DHS official confirmed to Fox News. Adm. Linda Lee Fagan, 61, has been terminated by the Acting Secretary of Homeland Security Benjamine Huffman, the official told the Fox News.
21.01 / 15:53
21.01 / 15:53
21.01 / 15:15
Provident
Digital
security
wellness
Trade
guidelines
International
RBI cancels registration of Mumbai-based X10 Financial Services
X10 Financial Services Ltd, a non-banking financial company (NBFC), due to irregularity in its digital lending operations. The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, Yarlung Technology, Xinrui International, Omelette Technology, Mad-Elephant Network Technology and Huidatech Technology.
21.01 / 14:19
21.01 / 14:19
security
Analysis
Research
Trade
Experts
reports
rights
PNB Housing Finance Q3 Results: Net profit jumps 43% YoY to Rs 483 crore on strong home loan demand
PNB Housing Finance on Tuesday reported a 43 per cent jump in net profit to Rs 483 crore for the December quarter. The non-banking finance company, promoted by Punjab National Bank, had earned Rs 338 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal year grew to Rs 1,943 crore from Rs 1,756 crore in the year-ago period, PNB Housing Finance said in a regulatory filing.
21.01 / 14:19
Provident
security
Trade
show
Shark Tank India Season 4: IIT dropout pitcher with only Rs 4000 in his account gets brutal advice from Aman Gupta
Shark Tank India Season 4, Ayush Chauhan, a young entrepreneur and the founder of Dacby Technologies, faced the brutal honesty of the show's investors, or 'sharks', as he pitched his gaming re-selling business. Ayush, who had dropped out of the prestigious Indian Institute of Technology (IIT) to start his business, revealed that he buys and resells used gaming consoles and accessories online.
21.01 / 13:29
markets
UPS
security
Food
Research
Trade
Zomato may have lost food delivery market share in Q3 as rivals scaled up 10-minute services: ICICI Securities
Zomato may have lost market share in the food delivery segment, a research note by brokerage firm ICICI Securities said, highlighting that the Gurugram-based company’s competitors have scaled up the 10-15 minute business faster.
21.01 / 13:29
UPS
security
Election
Trade
peace
International
Uttarakhand Urban Local Body poll campaigning ends, votes to be cast on Jan 23
Urban Local Body elections will be held in the hill state on January 23 while the counting of votes will take place on January 25. The State Election Commission has given clear instructions to the officers concerned to put a ban on public meetings and election campaigning across the state after the end of election campaigning today.
21.01 / 12:59
markets
Provident
security
Analysis
Research
Trade
Experts
Gold rises Rs 100 to Rs 82,100 per 10 gm; silver quotes flat
capital on Tuesday, according to the All India Sarafa Association. The precious metal had closed at Rs 82,000 per 10 grams on Monday. Gold of 99.5 per cent purity increased by Rs 100 to Rs 81,700 per 10 grams. It had settled at Rs 81,600 per 10 grams in the previous trading session.
21.01 / 12:51
21.01 / 11:39
markets
Cooper
security
Strategy
Freedom
PAM
reports
India and France strengthen maritime cooperation, commit to regional security
international law, supporting multilateralism, and ensuring the protection of maritime freedoms following another round of the Maritime Cooperation Dialogue, reported TOI.
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