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In a first, AI to 'join the ranks' at Army Day Parade: How will it help? General Manoj Pande asserted that today our country stands on the brink of a new era, adding, "We all have set a vision of a 'Viksit Bharat' as our country completes 100 years of independence for which a secure environment is essential and Indian Army plays a vital role in achieving it". The Chief of Defence Staff (CDS), General Anil Chauhan, extended greetings to all the ranks of the Indian Army, veterans, and Veer Naris on Monday.

Peapack Private Wealth Management managing principal David Dietze discusses whether geopolitical 'bad actors' will be a danger to the economy in 2024 on 'Making Money.'

Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world's biggest smartphone market. The U.S. tech giant cut prices of some iPhones by 5%, its Chinese website showed on Monday. The time-limited promotion, branded as a Lunar New Year event, will last from Jan. 18 through Jan. 21 in a lead-up to the holiday in mid-February.

In a noteworthy move within the cryptocurrency landscape, Ripple’s XRP has made a triumphant return to the Grayscale Digital Large Cap Fund (GDLC) after a hiatus of three years. This development highlights the evolving dynamics of the crypto market, where established players like XRP find their way back into the investment portfolios.

Yemen in response to the Iran-backed rebel group’s attacks on ships in the Red Sea may be limited, a former U.S. diplomat says.Frank Lowenstein, who served as the U.S.

Overview

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.

Polycab India Ltd’s shares are down 27%. Reports of tax evasion by the company have created an environment of uncertainty. A press release from the finance ministry has stated that the income tax department had initiated search and seizure operations of a group engaged in the manufacturing of wires and cables on 22 December.

₹397 to ₹418 per equity share. The book build issue is proposed for listing on BSE and NSE. Medi Assist Healthcare IPO is a book built issue of ₹1,171.58 crore.

earnings season, as many as 24 companies will announce their December quarter results on Monday. Street will be keeping a track on Mukesh Ambani promoted Jio Financial Services.

World Economic Forum Annual Meeting 2024 is set to commence in Davos, Switzerland, starting Monday. A gathering of more than 2800 leaders, including 60 heads of state and government officials, is anticipated for a comprehensive five-day discussion covering political, business, cultural, and global issues. India is poised to make a substantial impact, with three union ministers, three chief ministers, and over a hundred CEOs in attendance. In its 54th edition, the event will scrutinize pressing global issues, ranging from climate change and artificial intelligence challenges to economic intricacies and ongoing geopolitical conflicts such as the Ukraine War and Israel-Hamas tensions. Esteemed personalities like Li Qiang, Emmanuel Macron, António Guterres, Kristalina Georgieva, Ajay S. Banga, and Ngozi Okonjo-Iweala are among the notable participants.

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.

Medi Assist Healthcare IPO: The mainboard initial public offering (IPO) of the insurance-tech company has opened today and it will remain open till 17th January 2024. The company is a third-party administration (TPA) services provider to insurance companies and offers medical insurance and cashless hospitalization through a network of healthcare service providers. The insurance-tech company has fixed Medi Assist IPO price band at ₹397 to ₹418 per equity share.

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.

F&O ban list: A total of fifteen stocks have been put under the ban for trade on Monday, January 15, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE.