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Economy
Wipro, Microsoft to launch GenAI-powered assistants for financial services
New Delhi, May 6 (IANS) Leading technology services and consulting company Wipro on Monday announced that it is teaming up with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial!-->…
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Equities give up gains amid rising volatility, FII selling
Mumbai, May 6 (IANS) Domestic equities gave up their gains amid rising volatility and continuous selling by FIIs on Monday.
While the Sensex edged up 17.39 points or 0.02 per cent to settle at 73,895.54, the Nifty declined 33.15 points or!-->…
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Marico posts 5.3 pc rise in q4 net profit, declares dividend of Rs 6.50 per share
Mumbai, May 6 (IANS) Fast moving consumer goods major Marico on Monday reported a 5.3 per cent in consolidated net profit rose to Rs 318 crore for the Jan-March quarter compared to the corresponding figure of Rs 302 crore in the same period!-->…
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Broader indices come under major selling pressure
New Delhi, May 6 (IANS) PSU bank stocks underperformed on Monday reacting to stricter RBI norms on lending to projects under development.
Among PSU banks, PNB was down 6.4 per cent, Canara Bank was down 5.4 per cent and SBI was down 2.8 per!-->…
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Govt’s electronics component manufacturing PLI to end dependency on foreign suppliers, create…
New Delhi, May 6 (IANS) As the government begins the exercise to create benchmarks for electronics component manufacturing, industry stakeholders on Monday said the move will contribute significantly to creating an ‘Atmanirbhar Bharat’ and!-->…
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Mutual funds at all-time high, FII holding down at 11-year low
New Delhi, May 6 (IANS) While the share of mutual funds in listed companies rose to another all-time high, FII holdings declined to an 11-year low.
The share of domestic Mutual Funds (MFs) in NSE-listed companies rose to another all-time!-->…
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Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report
New Delhi, May 6 (IANS) Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday.
According to Counterpoint Research, Apple and Samsung dominated the top 10 best-selling!-->…
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Investment firm KKR to acquire Indian medical devices company Healthium
New Delhi, May 6 (IANS) Leading global investment firm KKR on Monday announced the signing of definitive agreements under which funds managed by KKR will acquire Indian medical devices company Healthium Medtech from an affiliate of Funds!-->…
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Education shouldn’t suffer: Anand Mahindra offers help to 10-yr-old Delhi boy selling rolls
New Delhi, May 6 (IANS) Mahindra Group Chairman Anand Mahindra on Monday came forward to help a 10-year-old Delhi boy, who was selling rolls after his father's demise, saying that the boy's education should not be affected and his!-->…
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HCLTech partners AWS to accelerate GenAI adoption
New Delhi, May 6 (IANS) Global technology company HCLTech on Monday announced a strategic partnership agreement with Amazon Web Services (AWS) to accelerate generative artificial intelligence (GenAI)-led enterprise digital transformation.!-->…
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