Datamatics Global Services Limited (DGS), a leading provider of digital technologies, operations, and customer experience solutions, announced a strategic move to consolidate its Salesforce business on May 8, 2024. The company’s Board of Directors approved the acquisition of the remaining 23% equity stake in Datamatics Cloud Solution Private Limited (DCSPL), a Joint Venture (JV) company …
On Friday, the benchmark indices were trading higher with the Sensex up around 470 points or 0.70% at 67,458 while the Nifty-50 up around 131 points or 0.65% at 20,265. About 2,346 shares have advanced, 1,117 declined, and 181 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
What is the difference between timing the market and time in the market? We will see in great detail what it means by timing the market vs time in the market. The difference between the two is the same as between speculation and investing. Investors who time the market try to beat the market by …
Shares of Power Mech Projects Limited gained about 3% today, hitting a fresh 52-week high. The stock has witnessed heavy buying activity from investors. Power Mech Projects Limited has received multiple new orders worth Rs. 644.91 crores. The company’s first order secured is a major contract worth Rs 381.34 crore from Rail Vikas Nigam Limited …
A dividend is the amount from a company’s profits that is distributed among its shareholders. It serves as an incentive for investors to put their money into a company’s stock. Dividend distribution has a dual effect. On one hand, it can boost the stock price in the short term as the additional cash flow attracts …
Today, Indian benchmark indices reflected weak investor sentiment, marked by notable selling pressures in the capital goods, metals, and energy sectors. However, the BSE Auto Index stood out, reporting gains amidst the broader market downturn. At 10:50 am, the BSE Sensex plunged 0.70% reaching a level of 72,950. The Nifty 50 index tumbled 0.73% to …
The benchmark index S&P BSE 500 opened today at 32,762.61 and made its day high at 32,762.61, and it is trading in red today, down by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Jupiter Wagons Ltd Shares …
Tata Power Company Limited is India’s largest integrated power company, The company reported its earnings for Q4 FY 2023-24 yesterday with a rise of 11.4% in the net profits, despite this jump in net profits the stock is currently trading down by -2.65% from its previous day closing price as the streets are thinking that …
Wipro Limited, a leading global technology services and consulting company, announced a strategic collaboration with Kognitos Inc., a leader in Generative AI (GenAI) automation, on May 08, 2024. This partnership signifies a joint commitment to delivering innovative enterprise-ready business automation solutions powered by GenAI technology. Dual Collaboration: Strategic Partnership and Investment The collaboration encompasses two …
Yesterday, the Reserve Bank of India (RBI) lifted the restriction it had placed on the Bank of Baroda (BoB) regarding onboarding new customers through its mobile app ‘Bob World’. This decision comes over six months after the RBI initially imposed the restriction in October 2023 due to significant supervisory concerns. RBI’s Initial Curbs Utilizing its …
