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‘Number of stocks generating positive returns within Nifty500 has narrowed’

Apr 24, 2024

New Delhi, April 24 (IANS) The breadth of the stock market rally is narrowing with the number of stocks generating positive returns coming down. The number of stocks generating positive returns within the Nifty500 universe has narrowed from 452 in Q1FY24 to 268 in Q4FY24, a report by Motilal Oswal Private Wealth (MOPW) said.In the last quarter,…

India saw 455 deals worth $25.6 bn in 1st quarter this year: Report

Apr 24, 2024

New Delhi, April 24 (IANS) India saw 455 deals worth $25.6 billion in the first quarter this year, a 24 per cent rise in deal volume as compared to the last quarter (Q4) of 2023, a report showed on Wednesday.The media and entertainment…

Business

Decline in volatility index indicates low downside risk to market

Apr 24, 2024

Mumbai, April 24 (IANS) BSE Sensex gained more than 300 points on Wednesday to continue its bullish trajectory.BSE Sensex was trading at 74,093 points, up by 355 points. Metal stocks are leading the gains with JSW Steel up more than 2 per…

Business

India to become one of biggest chip hubs in next 5 years: Ashwini Vaishnaw

Apr 24, 2024

New Delhi, April 24 (IANS) India has commissioned four semiconductor manufacturing units and in the next five years, the country will become one of the biggest semiconductor hubs in the world, Union Railways and IT Minister Ashwini Vaishnaw…

Business

Delhi-NCR closed 29 mega land deals for 314 acres in FY24: Report

Apr 24, 2024

New Delhi, April 24 (IANS) Delhi-NCR saw 29 land deals for approximately 314 acres in FY24, in comparison to 23 land deals covering nearly 273.9 acres in FY-23, a report showed on Wednesday. Delhi-NCR continues to be a hotspot for real…

Business

Rosneft subsidiary organises EcoArctic forum in Russia

Apr 24, 2024

New Delhi, April 24 (IANS) RN-Vankor, a subsidiary of Rosneft -- a major Russian oil and gas company -- recently organised a unique EcoArctic forum in the Krasnoyarsk region in the north of Russia.The EcoArctic forum, which has evolved into…

Business

BIWIN launches Gen4 High-Performance Acer MA 200 mini-SSD

Apr 24, 2024

BIWIN Storage Technology (BIWIN), one of the leaders in the global manufacture of flash storage devices, has launched Acer MA200 PCIe SSD which uses high-quality 3D TLC NAND and is available in two variant capacities of 512 GB and 1TB.

Business

Samsung, Hyundai Motor, LG, SK hynix see combined operating profit plunge 65 pc

Apr 24, 2024

Seoul, April 24 (IANS) Four major conglomerates saw their combined operating profit plunge 65 per cent last year, hit by sluggish sales amid an economic slowdown, a report showed on Wednesday.Some 306 affiliates of four conglomerates --…

Business

Musk’s X takes on YouTube, to launch dedicated TV app for videos soon

Apr 24, 2024

New Delhi, April 24 (IANS) Taking on Google-owned YouTube, X social media platform will soon launch a dedicated TV app for users to upload high-quality videos, its CEO Linda Yaccarino has announced.The X TV app’s user interface looks quite…

Business

It is time to reorganise Tesla, says Musk as company logs slow growth

Apr 24, 2024

New Delhi, April 24 (IANS) Elon Musk on Wednesday said it is time to “reorganise” Tesla as the electric car company registered $1.1 billion in net income and $21 billion in revenue, down 9 per cent from $23.3 billion from the year-ago…

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