Half of top 500 stocks trading below their 200-DMA, shows data

The benchmark Nifty50 managed to reclaim its 200-day moving average (DMA) on Wednesday but about half of top 500 stocks continue to languish below this key technical indicator. Photograph: ANI......

IIT alumni are opening their wallets wide to give back despite Covid-19

While the Indian Institute of Technology (IIT) Kanpur may have attracted among the highest donations by an individual (former student and IndiGo Airlines co-founder Rakesh Gangwal) at Rs 100 crore......

Mid-tier IT companies at more risk than big players

In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment. Illustration: Dominic Xavier/Rediff.com Mid-tier IT services firms, along......

Mastek puts 425 staff on virtual bench

IT service provider Mastek on Monday said it is putting 425 staff on 'virtual bench' for the next 12 months following a slowdown in demand. "We witnessed a slowdown in demand at the end of the last......