The FinTech Hub
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 3:00 PM IST Shares of Tata group company Trent; consumer electronics firm Dixon Technologies; drug maker Ipca Laboratories; information technology company Coforge; and paint manufacturer Akzo Nobel India hit their respective record highs today. These stocks from the BSE 500 universe…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
Source: Live Mint Information technology (IT) services companies will likely report muted revenue growth at four to six per cent in the current fiscal year 2024-25 (FY25) for a second consecutive year. Despite the challenges, domestic credit rating agency ICRA projects the sector’s operating profit margin (OPM) to remain healthy at ~22 per cent in…
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 2:51 PM IST Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery…
/cdn.vox-cdn.com/uploads/chorus_asset/file/23951505/VRG_Illo_STK173_L_Normand_JeffBezos_Positive.jpg?w=400&resize=400,250&ssl=1 "Jeff Bezos says he’s a climate guy — why is he kissing the ring?")