India called upon the Organization of the Petroleum Exporting Countries to continue maintaining and ensuring stability in the oil market for the benefits of consumers, producers, and the global economy. “As India remains on a trajectory of stable and robust economic growth, fostering deeper collaboration for the mutual benefit of both parties has t
Flair Writing IPO subscribed 6.11 times on day two of offer
The initial public offer (IPO) of pen maker Flair Writing Industries was subscribed 6.11 times on day two of subscription on Thursday. The IPO received bids for 8,80,71,669 shares against 1,44,13,188 shares on offer, as per data available with the NSE. Flair Writing’s IPO has a fresh issue of equity shares aggregating up to Rs […]
Exploring tomorrow’s tech; in-demand skills for IT professionals in 2024
By Siva Prasad Nanduri In a tech-driven world, staying ahead is not just an advantage but rather a necessity. Imagine the tech industry as a high-speed expressway, and to secure a spot in the fast lane, IT professionals must equip themselves with the right skills to remain competitive in the job market. As we look […]
Are security fears slowing down GenAI adoption?
A year ago, generative AI (GenAI) was just coming onto the scene for enterprises— now it’s a priority. As organisations around the world deploy GenAI for customer service, automation, and many other business cases, they understand its requirements — huge volumes of data, massive computing power, advanced security architecture, and rapid scalability
Year ahead: Oil markets may remain volatile in 2024 also
The global oil markets in 2023 were impacted by geopolitical tensions, sluggish demand from the world’s top consumers, and a tightening global supply, all of which resulted in high volatility in prices throughout the year. Even as the global players try their best to contain the turbulence now, experts see the oil market striving to […]
IREDA booked 2x on first day
Indian Renewable Energy Development Agency (IREDA) garnered full subscription for its initial public offering (IPO) on Tuesday — the first day of bidding — following strong demand from across categories. It will remain open till Thursday. According to exchange data, the issue received bids of close to 921 million equity shares against the offered 4
Gold: The fundamental catalyst still supports another rally in Vikram Samvat 2080
By Jigar Trivedi Gold prices have given over 20% returns since last Diwali. The fundamental background is supportive for another strong rally in the yellow metal. The uncertainty related to the geo political risk / war premium or the US elections is likely to be a major Catalyst for an up trend. Moreover the central […]
India’s high income aspirations
By Ashok Gulati Let me begin by wishing the readers a very happy Christmas. May we all receive the gifts of peace and prosperity. When we talk of prosperity—individual or national—a lot depends upon individual efforts as also on the socio-economic framework in which one operates. The Bharatiya Janata Party (BJP) has recently won three […]
Jefferies maintains ‘Buy’ rating for Coforge, sees 14% upside amidst uncertain sector outlook
Jefferies has maintained a ‘buy’ rating for Coforge, with a revised target price of Rs 6,580 from the earlier Rs 5,250, indicating an impressive upside of 14%. In the recent report, Jefferies highlighted challenging macroeconomic conditions and furloughs lasting longer than usual in the third quarter due to shorter notices. Coforge’s management ant
Closing Bell: Markets end higher; top gainers on November 30 include Ultra Tech Cement, HDFC Life Insurance, Eicher Motors, gained whereas Banking and Metal stocks among key losers
The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 jumped 36.55 points or 0.18% to settle at 21,133.15, while the BSE Sensex jumped 86.53 points or 0.13% to 66,988.44. Bank Nifty index falls 84.70 points or 0.19% to settle at 44,481.75. The broader indices ended in positive territory, […