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- Chart Check: Carborundum Universal hits record highs in February; should you buy, sell or hold?
The stock price started its upmove from Rs 251 (October 2020) to Rs 1,029 (January 2022), making a series of higher bottoms and higher tops. During the move the stock continuously traded above the averages,” Bharat Gala, President - Technical Research, Ventura Securities. - MRF declares 2nd interim dividend of Rs 3 per share. Check record date & other details here
Other income during the quarter rose marginally at Rs 71 crore as against Rs 69 crore in the previous year period. The company's total income rose 15% year-on-year to Rs 5,716 crore for the December quarter. The same was Rs 4,989 crore in the same quarter of last year - Worst to first! 4 reasons why IT stocks are selling like hot cakes on Dalal Street
Many long term investors have been busy cherry-picking high quality names among IT stocks after they were hammered on fears related to recession, margin compression and deal wins. Mphasis, Tech Mahindra, Wipro, LTTS and LTIMindtree are still down at least 30% from their 52-week high levels. - 4 smallcap stocks that can rally up to 50%, according to Axis Securities
In the last one year, the benchmark index Nifty50 closed on a flat note while the S&P500 and the emerging market index declined by 11% and 14% respectively. - How Budget, RBI policy made Jefferies change its India stock portfolio
Nifty now trades at 18.5x 1-yr forward PE or a 7% premium to 10-year avg. and valuation gap vs China is also now back to the 10-year avg. This makes us more optimistic on the market outlook," it said, adding that the trends were positive in the Budget and Q3 earnings. - Investors privately talked about Adani issue; if they came out 5 years’ later, there'd be a bigger s
“If over the next 5-10 years India becomes the third largest economy in the world, most of our companies would be subject to a lot more scrutiny. We saw that time and again, some of these short sellers come and write reports on Chinese companies. Some of the reports were true, some were sensational. Market took it in stride and wherever the reports were true, the stocks got impacted.” - Basmati rice sales to cross Rs 50,000 crore this fiscal, says Crisil
"Next fiscal, however, sales will decline by 5-7% as basmati rice realisation is expected to soften with anticipated increase in paddy acreage, leading to higher supply. The volume demand is expected to remain stable at ~6.8 million tonne," Crisis added. - China's Alibaba joins global chatbot race
The announcement comes days after Chinese search giant Baidu said it would complete testing of its AI chatbot in March.Microsoft has announced a multibillion-dollar partnership with ChatGPT maker OpenAI and plans to integrate the powerful capabilities of language-based artificial intelligence with its Bing search engine. - Hours after hiring announcement, JPMorgan lays off hundreds of employees
Earlier in the day, JPM said it plans to hire more than 500 bankers catering to small businesses through 2024, boosting the bank's workforce targeting the segment by 20% from more than 2,300 now. - Twitter outage sees users told they are over daily tweet limit
Some users reported being notified they were over the tweet-per-day limit, even if they had not posted. - Kerala: The 'killer' Indian elephant who's loved and feared
Ramachandran is notorious for violent displays but is a huge hit at festivals, drawing thousands of fans. - Succession talk arises after Kim Jong-Un's daughter makes appearance
Kim Jong-Un's daughter's latest appearance has sparked questions about her future in North Korea. - Nigeria election 2023 in Katsina: 'You let kidnappers take me, now you want my vote'
Kidnapping gangs have spread terror across Nigeria - how will this affect this month's elections? - Droughts leave cargo riverboats high and dry
Falling river levels are affecting the use of cargo riverboats around the world. - Ramcharitmanas: The Hindu epic poem causing a political storm in India
The famous 16th-Century poem Ramcharitmanas has become a battle ground over claims it's discriminatory. -
Google, are you ok out there?
A quick look at everything that went south at the Google Event held on February 8 -
Data observability platform Acceldata raises $50 million in Series C funding
The company will utilise the funding for expanding go-to-market efforts for its Data Observability Platform -
Delhi High Court grants bail to Chitra Ramkrishna in NSE telephone tapping case
Former CEO of National Stock Exchange (NSE) Chitra Ramkrishna was accused of indulging in illegal telephone of her colleagues at the Exchange -
Palm oil re-emerging as ‘discount oil’, says USDA
Current markdown with soyabean oil set to be sustained on lower Argentine output, US bio-diesel demand -
CMFRI identifies potential sites for sea cage farming in coastal States
To boost mariculture, the ICAR body has identified and geo-referenced 146 potential sites for such farming -
Equity mutual funds inflow hits 4-month high at ₹12,546-cr in Jan on strong SIP flows
This was also the 23rd straight month of inflows into equity-oriented mutual fund scheme -
Indian Railways: How to check ticket cancellation status on IRCTC app
Guide to track cancelled travel tickets and refund -
Modi’s ‘recycled jacket’: How TN-based Shree Renga Polymers makes garments from pet bottles
The company collects used pet bottles, crush, melt, add colour and produce fibre, which will be made into yarn as also garments -
Covid-19, what next?
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What is stopping India from being the next growth engine of global aviation?
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Pilates & meditation, but a weakness for dessert
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Nokia to expand production of OLTs at Chennai factory to growing demand
The decision comes in response to increasing demand from local customers in India, as well as international markets, the company said in a statement -
Disney+ subscriber count falls in December quarter
Disney will no longer provide subscriber addition guidance, says CEO Bob Iger -
Google Chrome: How to lock incognito tabs
Know how in six simple steps -
Greaves Cotton to acquire Excel Controlinkage for ₹385 crore
The acquisition will be completed in 4 phases -
Probe reveals overseas short-selling behind $100 billion rout in Adani shares
On January 24, Hindenburg revealed, “held short positions in Adani companies through bonds and non-Indian-traded derivative instruments” -
Traders bet RBI may be done with hikes despite hawkish tone
Swaps indicate the RBI may start cutting rates in the first quarter of next year, according to PGIM India Asset Management Pvt. -
Netflix starts cracking down on password sharing in four new markets: report
Netflix earlier tested cracking down on password sharing in select markets. -
Spotify introduces ‘Exclude from your Taste Profile’
Excluding select playlists from Taste Profile can be done in a few simple steps -
Finance Minister urges IMF to develop globally coordinated approach to crypto asset regulat
Sitharaman also thanked IMF for the support that it had been providing to the G20 Indian presidency on various work streams under the G20 FinanceTrack -
Google brings multi-search, screen search features
Google first introduced multi-search functionality in 2022 -
Gujarat Fluorochemicals revenue and earnings grow on expected lines
GFL reaffirmed its capex plan of spending ₹2,500 crore in FY24 -
IBM, NASA bet on AI for research on impact of climate change
New IBM foundation model technology leverages NASA earth science data for geospatial intelligence -
Piramal Pharma shares dip over 10% on Q3 loss
Piramal Pharma posted a loss of ₹90 crore in Q3 FY23, as compared to a profit after tax of 163 crore last year -
GST Council meeting likely to be rescheduled to first week of March from February 18
Budget Sessions in States is the likely cause, say sources -
Twitter Blue subscribers can now write 4,000-character tweets
Standard Tweeting functions, such as posting pictures, creating polls, and using hashtags still apply -
SEA to organise Global Castor Conference on Feb 24-25
Global Castor Conference to provide a opportunity for delegates to develop new business contacts, strengthen the existing ones -
MCX-Zinc: Go long now
The contract is trading above a key support -
Most of Adani Group cos tank in morning trade; Adani Enterprises tumbles 20%
Out of the 10 listed companies of Adani Group, Adani Wilmar is the lone stock to be in green -
SC agrees to hear Friday plea seeking probe into Hindenburg report on Adani firms
The Adani Group has dismissed all charges as lies, saying it complies with all laws and disclosure requirements -
Kerala Finance Minister rules out rethink on fuel, liquor cess
Funds being raised in this manner will go to finance welfare pension in the state, says KN Balagopal -
What is Google’s conversational AI service, Bard?
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Crude oil futures marginally down on inventory data
February crude oil futures were trading at ₹6,481 on MCX in the initial trading hour of Thursday morning -
Google Maps gets new features
Google Maps features include immersive view, EV charging stations, and indoor live view -
Nifty prediction for February 09, 2023: Go long now and at 17,860
The Nifty 50 February Futures will come under pressure only if it breaks below 17,820
