Business

The impact of the 50 basis point bank rate cut by the Federal Reserve in the US is being seen in the IT stocks of the Indian stock market. Shares of Wipro Ltd, Tata Consultancy Services, Tech Mahindra Ltd, HCL Technologies Ltd and Mphasis Ltd are declining after the initial rise. Tata Consultancy Services Ltd Share The current price of …

Defense sector stock market Rich Shipbuilders and Engineers Limited saw a rise during Thursday’s market. The stock touched its intra-day high of Rs 1812 with a rise of 6 percent. This rise in the shares is being seen after an order received by the company. In fact, the company informed that it has received an additional order for ships from …

The decision on Fed rate cut in America was finally taken as was most expected. The Federal Reserve on Wednesday aggressively cut interest rates by half a percent. This is the first announcement of interest rate cut since March 2020. The 0.50 point rate cut paves the way for lower borrowing costs on everything from mortgages to credit cards. This …

Famous online food delivery company Zomato said on Wednesday that it has received a GST demand order of Rs 17.7 crore from the Revenue Assistant Commissioner of West Bengal. This also includes interest and penalty. The demand order received by Zomato is related to non-payment of GST on delivery charges and interest on it, penalty. Food delivery company Zomato said …

Opening Bell:  Indian key indices BSE Sensex and Nifty 50 hit new all-time highs as markets opened on Thursday. The rally came after Asia-Pacific markets and Wall Street futures jumped after the Jerome Powell-led US Federal Reserve announced a 50 basis point rate cut on Wednesday evening. At the time of market opening, the BSE Sensex was trading at 83,389 with …

New Delhi. Meta has upgraded the better privacy and security feature for users under the age of 18 on Instagram. Apart from this, Instagram has also introduced parental control, which means that now the control of the account of teenagers will be with their parents. Now all Instagram accounts under 18 years of age will be converted to “Teen Accounts” Instagram …

Amazon Layoffs: Amazon is once again planning to cut its workforce on a large scale. A recent mema released by the company’s CEO Andy Jassy suggests that Amazon is likely preparing for another potential wave of job cuts. In internal communications, Jassy indicated that the company is set to implement major changes aimed at streamlining its workforce. The tech giant aims …

Mumbai: Reliance Power Ltd has made a major foray into the country’s renewable energy and storage sector and has bagged a contract for 500 MW/1,000 MWh battery energy storage system (BESS). The power generation company said in a statement on Monday that it has bagged the order from Solar Energy Corporation of India (SECI), which conducted the e-reverse auction (ERA) …

New Delhi: Shares of liquor giant Globus Spirits saw a huge surge on Tuesday. Today, its shares have jumped 4 percent from its previous close. This surge in shares has come after the launch of the company’s first single malt whisky. The DAAB India Craft Whiskey launched by the company is being considered an important step in a new direction for its expansion …

BSNL is going to introduce a new technology that will allow you to enjoy high-speed internet at home through a fiber connection, even when you are away from home. The name of this project is ‘Sarvatra’ and it is expected to bring a revolution in the telecom industry. The trial phase of this project has already been completed and soon …