With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.
An in-line ICICI Bank result for the quarter ended March 31, 2024, has led to analysts raising target price and earnings per share (EPS) forecast on the stock. ICICI Bank, they said, appeared least vulnerable to regulatory action on its digital offerings or for risk monitoring lapses.
Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near term. On Thursday, the government announced that OMCs will reduce pump prices of petrol and diesel after a record 22 months, making them cheaper by Rs 2 per litre in the national capital. The changes were effective from Friday.
Despite a healthy March-May quarter (Q3FY22) show by global IT consulting firm Accenture, Indian IT companies shed up to 3 per cent on the National Stock Exchange (NSE) on Friday as analysts continued to highlight medium-term pain points for the sector. The Nifty IT index settled 0.9 per cent lower on Friday, as against a 0.9 per cent rise in the Nifty50 index. According to analysts at ICICI Securities, Accenture's Q3 saw moderation in year-on-year growth rate across verticals and US regions, which signals at likely normalisation in revenue momentum for Indian IT services going forward.
Bishnoi, a resident of Jorhat who studies in Bhopal, is also the creator of the 'Bulli Bai' app on the platform GitHub as well as the main Twitter account holder of 'Bulli Bai', police said.
This could have led to communal tension which the prompt arrests of three accused averted, the police said in a release.
Every brand and company in India too will soon need a metaverse strategy, notes Sandeep Goyal.
Zomato's initial public offer (IPO) is scheduled to open for subscription on July 14 and is priced between Rs 72 - 74 per share. At the upper end of the price band of the offering, the company aims to raise Rs 9,350 crore. Most analysts have given a 'subscribe' rating to the issue for listing gains.
Fitch Ratings has upgraded Reliance Industries Ltd's (RIL) rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments and continuation of deleveraging. In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook. At the same time, the agency has affirmed RIL's long-term local-currency IDR at 'BBB+' with a stable outlook.
Three stockmarket experts give their best picks for the New Year.
Don't believe us? Then listen to the expert. Harish Rao dispels myths about Ola and Uber's dynamic pricing model and explains why government interference in it finally hurt us, the rider.
What good is a smartphone if the battery can't get you through the day? Here are the seven phones with the best battery life
Investors remain cautious ahead of F&O expiry.
Along with the Xperia Z5 Premium, Sony also unveiled the Xperia Z5 Compact and Xperia Z5 on the sidelines of IFA 2015 in Berlin and it would be an under statement to say that the technology giant swept the viewers off their feet, says Himanshu Juneja
When South Africa's AB de Villiers scored the quickest century on Sunday, he broke more than just an ODI record. Here is how the South African has rewritten cricketing history.
When South Africa's AB de Villiers scored the quickest century on Sunday, he broke more than just an ODI record. Here is how the South African has rewritten cricketing history.
Markets end marginally higher supported by IT shares as Infosys's Q3FY14 results boosted sentiment.
Left-arm seamer Delorn Johnson and skipper Veeraswamy Permaul wreaked havoc as West Indies 'A' thrashed India 'A' by 125 runs in the second unofficial Test and levelled the three-match series at 1-1.
Dwayne Smith smashed a half-century before Fidel Edwards and Marlon Samuels bowled superbly to lead West Indies to a 14-run win over Australia in their second Twenty20 international.
Australia spinner Xavier Doherty took four wickets to lead the visitors to a 64-run victory over the West Indies in the first one-day international of their five-match series in Kingstown, St Vincent, on Friday.
Vineet Kumar & Yash Kadakia of the National Anti-Hacking Group & Security Brigade on how you can protect your wi-fi enabled Internet connection from being hacked and misused.
The mining ministry's inordinate delay in giving approval to group firm Hindustan Zinc to buy London-based Anglo American's zinc mines has forced the company to route it through Sterlite.
For those with the money to spare and the need of a functional ultraportable notebook that can slip into a large coat pocket, this could be a winner. We guarantee that if you pull this out of your pocket at a meeting, it will definitely get you envious glances. Promising to give the Sony Vaio P competition is the HP Mini-Note 2133 that shares Sony's striking looks.
Vineet Kumar & Yash Kadakia of National Anti-Hacking Group & Security Brigade tell you how you can protect your Wi-Fi enabled internet connection from being hacked and misused.
Top Carrers & You discusses some simple tricks that will help Class X students solve their mathematics paper quickly.
If you're constantly troubled by one of these, you have to read this.
A large public sector bank has been put up for sale by the government. Which bid should Arjun and his team pick as the winning bid and why?
One of the most commonly used tools for making an investment decision is the P/E ratio. This is due to the fact that that it is very easy to compute and more so, due to its easy availability.
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