Page 104 - Tcs News Today

Perhaps what could turn out to be one of the most crucial acts for Digital India was undertaken by the Indian Parliament through the passage of the Digital Personal Data Protection Bill, 2023 earlier this week. While the law will impact every entity in this country that deals in the personal data of Indian citizens, tech companies and consumer facing startups are perhaps going to be impacted the most.

This comes at a time when large IT providers have been announcing mega deals even as technology spends have been hit due to macroeconomic concerns in the US and Europe. Such large deals could be a factor of companies driving cost efficiencies and consolidating their vendors.

Byjus quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an additional $50-60 million to service the increased interest rate it has offered to conclude the revised terms for the deal. This and more in todays ETtech Morning Dispatch.

The Nifty opened with a gain but slipped soon after.

On August 9, Trendlyne reported that over 40 Nifty 50 stocks had witnessed the formation of the Golden Crossover. Among these, ETMarkets has carefully selected 10 stocks to explore this pattern and delve into its significance.

The BSE Sensex was trading 22 points or 0.03% higher at 65,976. Nifty50 was trading at 19,604, up 7 points or 0.04% at around 9.23 am.

In the case of IT stocks is that while the analysts have “buy” and “ hold” recommendations on a large number of them, however their price targets are clearly either very modest, or in a number of cases analysts are expecting that the valuations of IT stock are still high and there is room for further decline in prices. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundame...

​And unless it crosses that, I would not go aggressive long or maybe take any position on the index. And as you mentioned, one should not look at shorting the market at current levels because again, the immediate supports are between 19,500 and 19,400, give and take 100-150 points in the Nifty.

The partnership to revamp GeM will see TCS design and build a new modern solution leveraging new technologies, while maintaining the current platform

This e-marketplace currently handles a GMV of over 2 trillion purchased by over 70,000 buyer organizations from over 6.5 million sellers and service providers, including over 800,000 medium and small enterprises.