Search Results for: IT market

Stock market extends gains; Sensex is up 120 points, Nifty trades close to 18150

As of 1:15 PM, frontline indices are trading close to the previous close. Sensex is trading at 61,022 points, up 80 points or 0.13%, whereas Nifty is up merely 12 points or 0.05% to trade at 18,130 points. However, Nifty Bank turned red intra-day as it lost almost 50 points or 0.13% to trade at 42,766 points

Jan 24, 2023

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended December 2022

Jan 23, 2023

Stock market opened on upbeat note; Sensex adds 200 points, Nifty trades below 18,100

As of 1:15 PM, Sensex is trading up more than 200 points or 0.33% to 60,820 points; meanwhile, Nifty is up almost 50 points or 0.3% to trade at 18,080 points and Nifty Bank is trading up more than 200 points or 0.56% to trade above 42,700 level

Jan 23, 2023

Techies earning up to $1 mn a year laid off at Big Tech firms

As Big Tech layoffs dominate headlines, more details have emerged on which verticals and senior executives earning up to $1 million annually bore the maximum brunt at Google, Microsoft, and Amazon.

Jan 23, 2023

Realty sector seeks boost to affordable housing, tax and policy relief [details]

To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023.

Jan 22, 2023

Indian smartphone users have to wait till 2024 for 5G

India's smartphone shipments fall 6% in 2022; moderate growth in 2023 [details]

India's smartphone shipments fell to 151.6 million units in 2022, declining by 6 per cent compared with 2021, a report has shown.

Jan 22, 2023

Only twice in 30 years, the market's been up both pre and post Budget [details]

History suggests that the Union Budget's influence on short-term market performance is declining, foreign brokerage, Morgan Stanley said in a report.

Jan 22, 2023

CBDT meets officials to dispel doubts on faceless tax assessment.

Despite slew of polls ahead, prospects of populist budget appear bleak

The scope for a blatant populist budget looks bleak amid moderating tax revenue, high committed revex, and market loans, Emkay Global Financial Services said in a report.

Jan 22, 2023

Miscreants vandalise Noida restaurant, beat up owners

Some miscreants allegedly thrashed a man and his sister running a restaurant in Noida Sector-46, and also vandalised the eatery. A video of the incident has surfaced.

Jan 22, 2023

Samsung eyes 75% sales from 5G smartphones in India this year; robust portfolio key to 5G-first strategy

Samsung India on Thursday said it will have a 5G-first strategy in India to consolidate its smartphone leadership in the country, eyeing to capture 75 per cent sales from its 5G device portfolio this year.

Jan 21, 2023

Swiggy lays off 380 employees as food delivery growth slows; co-founder cites overhiring [details]

The impacted employees will receive a minimum assured payout of 3 months, which will include variable pay/incentives at 100 percent.

Jan 20, 2023

Stock market opened flat; Sensex, Nifty witness choppy trading amid mixed global cues

As of 1:55 PM, Sensex is trading with marginal losses at 60,793 points, down 64 points or 0.11%, while Nifty is trading flat at 18,081 points and Nifty Bank is up nearly 300 points or 0.66% to trade near the 42,600 mark.

Jan 20, 2023

Elephant tusks worth Rs 1 cr seized in Bengal, 3 arrested

Smuggled elephant tusks around Rs 1 crore were recovered at the Khoribari forest area of Darjeeling in a joint operation by Sashastra Seema Bal (SSB) and West Bengal police, police sources said here on Friday.

Jan 20, 2023

Stand Up Therapeutics and VectorBuilder have a contract for the first gene therapy supply for a patient with paraplegia

Dr. Junsang Yoo said Stand Up Therapeutics is the only company in the world that has the technology to treat paralysed patients as a result of spinal cord damage using its own developed direct lineage reprogramming technology

Jan 20, 2023

Microsoft sacks 10,000 employees, Nadella says 'will treat our people with dignity'

Microsoft Chairman and CEO Satya Nadella on Wednesday said that the company will be "making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3 (third quarter)"

Jan 19, 2023

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Search Results for: IT market

Stock market extends gains; Sensex is up 120 points, Nifty trades close to 18150

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Stock market opened on upbeat note; Sensex adds 200 points, Nifty trades below 18,100

Techies earning up to $1 mn a year laid off at Big Tech firms

Realty sector seeks boost to affordable housing, tax and policy relief [details]

India's smartphone shipments fall 6% in 2022; moderate growth in 2023 [details]

Only twice in 30 years, the market's been up both pre and post Budget [details]

Despite slew of polls ahead, prospects of populist budget appear bleak

Miscreants vandalise Noida restaurant, beat up owners

Samsung eyes 75% sales from 5G smartphones in India this year; robust portfolio key to 5G-first strategy

Swiggy lays off 380 employees as food delivery growth slows; co-founder cites overhiring [details]

Stock market opened flat; Sensex, Nifty witness choppy trading amid mixed global cues

Elephant tusks worth Rs 1 cr seized in Bengal, 3 arrested

Stand Up Therapeutics and VectorBuilder have a contract for the first gene therapy supply for a patient with paraplegia

Microsoft sacks 10,000 employees, Nadella says 'will treat our people with dignity'

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]