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Read more about Sensex tanks 549 pts, Nifty closes below 14,450 mark; IT shares drag on Business Standard. Domestic equity benchmarks declined sharply on Friday, led by broader selling pressure. IT, pharma and PSU banks declined sharply. Rising coronavirus cases across US, Europe and China weighed on investors sentiment. Global cues were negative as

Synopsis It is a little-known cloud service providing company based in Hyderabad, which has trumped all of the big shots named above. Getty Images The company is promoted by first-generation entrepreneur Dasari Uday Kumar Reddy, who formed it in May 1999 at the height of the ‘dot com’ bubble. MUMBAI: Stocks of technology companies have been the rage all through the Covid disruption, as it fast-forwarded the adoption of digital technology at a scale that was not expected to be achieved in s...

Tata Consumer Nifty inclusion could lead to buying by exchange traded funds (ETFs) worth Rs 760 crore. “Currently, Nifty 50 ETF and index AUMs stand at Rs 126,100 crore. Gail currently has an estimated weight of 40bps in the index, while Tata Consumer is expected to enter the index with a weight of 60bps, entailing ETFs and index funds buying worth Rs 760 crore,” ICICI Securities said in a note. The brokerage expects stocks in the insurance, green energy and internet space to get added t...

Read more about Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities on Business Standard. Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

Reliance may be performing today, it has been a bit of a laggard. Your view? After making a phenomenal move all through last year, Reliance had paused or taken a breather. From a slightly more medium term to longer term perspective, our house remains pretty positive on Reliance because we think they are at the cutting edge of both telecom and digital business and we are extremely bullish on both these businesses. The stock has been in a consolidation mode for the last few months but it will do ...

This would mark the debut fundraising exercise for IndiaMART InterMESH that has seen its share price skyrocket over 800 percent since its IPO in June 2019

Synopsis One of the mantras to build a flourishing business involves having a loyal investor. Successful entrepreneurs are the new economy boosters. The important thing to remember is that behind most successful startups is an investor who believed in the idea and nurtured the venture throughout. In fact, many times it is the investors who help the startups to make a stellar debut in the market and give them the much-needed exposure. Take Sanjeev Bikhchandani, for example, the founder of Info...

Why large-cap funds may not be out of the woods despite their recent outperformance The category average return dropped below that of the Nifty 100 TRI after the recent rally January 11, 2021 / 09:10 AM IST Another year gone by. But what a year! The stock market fall blindsided investors just as much as the very rapid recovery. More, the rising market wave lifted most stocks – which means that the market rally was not as narrow as in earlier years. If there’s one factor that has plagued...

The video-led social media campaign reaches out specifically to Punjabi youth. 11 Jan, 2021 - 01:35 PM IST     |     By indiantelevision.com Team     NEW DELHI: Matrimonial platform Jeevansathi.com has roped in Parmish Verma, a celebrated Punjabi singer, actor, and music director for its social media and digital brand promotions. The brand has partnered with the regional star to reach out to the Punjabi audience across north India and consolidate its leadership position in the north...

Guest Post | The Indus Valley Playbook Premium On the evolution of the Indian startup ecosystem, or Indus Valley, and the distinct set of hacks and business models that have evolved to help Indian startups win – The Indus Valley playbook. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in yo...