Mark Zuckerberg, CEO of Meta, and his wife, Priscilla Chan, who serves as the co-founder and co-CEO of the Chan Zuckerberg Initiative, are reportedly planning to construct a 5,000-square-foot underground shelter on their sprawling 1,400-acre ranch in Hawaii. According to a recent ‘Wired’ report, this subterranean refuge is designed to be self-sufficient, equipped with its […]
Month: December 2023
Nifty to continue its winning streak or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opensNifty to continue its winning streak or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded up 19 points, or 0.10%, at 19,849, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 gained 0.62% to settle at 19,811.35, while the BSE Sensex added as much as 393.69 points to 66,473.05. “Markets edged higher and gained […]
Chandrayaan-3 success: Aerospace, defence stocks continue to rallyChandrayaan-3 success: Aerospace, defence stocks continue to rally
Shares of companies related to aerospace and defence sectors continued to remain in the limelight on Thursday, with firms such as Centum Electronics rallying nearly 20 per cent, after the successful touchdown of Chandrayaan-3 mission’s Vikram lander on the Moon. The stock of Centum Electronics zoomed 19.69 per cent, Paras Defence and Space Technologies Ltd […]
FPIs take out Rs 4,800 crore from equities in first fortnight of September; sell-off may continue for nowFPIs take out Rs 4,800 crore from equities in first fortnight of September; sell-off may continue for now
Foreign portfolio investors (FPIs) have pulled out close to Rs 4,800 crore from equities in the first fortnight of September on rising US bond yields, a stronger dollar, and concerns over global economic growth. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in […]
JSW Investments divests 1.27 per cent stake in JSW Energy for Rs 717 croreJSW Investments divests 1.27 per cent stake in JSW Energy for Rs 717 crore
Promoter JSW Investments on Wednesday pared a 1.27 per cent stake in JSW Energy for Rs 717 crore through open market transactions.GQG Partners, Washington State Investment Board, AustralianSuper, Reliance Trust Institutional Retirement Trust Series Twelve, Witan Investment Trust Plc, and Alliance Trust Plc, among others, were the buyers of the shares of JSW Energy. According […]
PSU banks rally on bond inclusion hopesPSU banks rally on bond inclusion hopes
On a day when the performance of benchmark indices was subdued, state-owned lenders became the bright spot for markets. The Nifty PSU Bank index jumped 3.4% on Monday, on the back of reports suggesting that the Indian government bonds are likely to be included in global bond indices. The benchmark Nifty50 also closed the session […]
Markets in a short term uptrend, Nifty could target 18,135; buy these two stocks for gainsMarkets in a short term uptrend, Nifty could target 18,135; buy these two stocks for gains
By Subash Gangadharan On the daily chart, we observe that the Nifty has recently bounced back from the lower end of a downward sloping channel and has witnessed a smart rally over the last 5 weeks. In the process, the Nifty has crossed its previous intermediate high of 17,800, thereby reversing the recent intermediate downtrend. […]
Airtel Africa named Sunil Taldar as new CEO, Ogunsanya to retire in JulyAirtel Africa named Sunil Taldar as new CEO, Ogunsanya to retire in July
Airtel Africa on Tuesday announced the retirement of Chief Executive Officer Olusegun `Segun’ Ogunsanya, with effect from July 1, 2024, and named Sunil Taldar as his successor. Taldar, who joined Airtel Africa in October 2023 as Director – Transformation, will begin the transition to the CEO role, working alongside Ogunsanya. “Airtel Africa plc today announced […]
Holi 2023 in pictures: Indian streets don a colourful avatar as people gather to celebrate ‘festival of colours’Holi 2023 in pictures: Indian streets don a colourful avatar as people gather to celebrate ‘festival of colours’
1/9 Holi is being celebrated across the country today. This is also known as the festival of colours. It signifies the victory of good over evil and marks the onset of Spring season. (PTI photo) 2/9 Foreigners as well as locals play with coloured powder to celebrate the festival of Holi in Rajasthan’s Pushkar.(PTI photo) […]
GQG buys nearly 51 million shares from IDFC First Bank’s VaidyanathanGQG buys nearly 51 million shares from IDFC First Bank’s Vaidyanathan
GQG Partners has bought nearly 51 million shares of IDFC First Bank from Managing Director and Chief Executive Officer V Vaidyanathan through a block deal. Shares of the bank rose around 2% in intra-day trade on Monday following the announcement. Of the total proceeds, around Rs 229 crore of the proceeds will be utilized to […]