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Business

German brand Blaupunkt eyes 4% market share in India, joins Amazon

New Delhi, Jan 9 (IANS) German electronics brand Blaupunkt on Tuesday announced that it partnered with Amazon India as its new e-commerce partner and aims to capture a four per cent market share in the country by FY2024-25."With this collaboration, the company envisions FY24-FY25 as a crucial year as they aim to capture a four per cent market share…
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Business

Patanjali Foods hits new 52-week high

New Delhi, Jan 9 (IANS) Patanjali Foods shares are up more than 5 per cent on Tuesday to hit a new 52-week high.Patanjali Foods shares were trading at Rs 1,687, up 5.5 per cent at a new 52-week high, as per Trendlyne data.In the last one…
Business

CES 2024: Here are new laptops announced

New Delhi, Jan 9 (IANS) At CES 2024, brands like Lenovo, Dell, MSI, and Acer have announced a new lineup of laptops with innovative features, including Artificial Intelligence (AI)-powered capabilities.Lenovo unveiled the newest lineup of…
Business

OMCs downgraded as risk-reward turns unfavourable

New Delhi, Jan 9 (IANS) JM Financial Institutional Securities said in a report that in the absence of any valuation comfort post recent rally (OMCs trading at 10-30 per cent premium to historical P/B valuations), the risk-reward has turned…
Business

Strong build-up of short positions in the market

New Delhi, Jan 9 (IANS) The 197 points decline in Nifty on January 8 despite marginal buying by both FIIs and DIIs indicates strong build up of short positions in the market, said V.K. Vijayakumar, Chief Investment Strategist, Geojit…