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In the coming week market will take cues from Q3 results

Jan 14, 2024

New Delhi, Jan 14 (IANS) In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair, Head of Research, Geojit Financial Services.Contrary to expectations of weak Q3 results from the IT sector,…

Global IT firm Veeam Software lays off 300 employees

Jan 14, 2024

San Francisco, Jan 14 (IANS) Global data management solutions provider Veeam Software has reportedly laid off 300 employees. The workforce reduction came after Veeam let go 200 workers in a separate round of layoffs last year.In a post on…

Business

With El Nino likely to abate in April-June, India can hope for normal monsoon

Jan 14, 2024

New Delhi, Jan 14 (IANS) The El Nino weather phenomenon, which led to the erratic monsoon in 2023 that hit India’s agricultural sector, is still active in the Pacific Ocean where it originates, but is expected to withdraw during April-June…

Business

Crucial meeting of Tea Board on Monday on proposed changes in no-plucking cycle

Jan 14, 2024

Kolkata, Jan 13 (IANS) A crucial meeting of the Tea Board will be held on January 15 to decide on the proposals of no-plucking time in the tea gardens across India from this year.Sources aware of the development said that till 2023,…

Business

Delegation led by K’taka Min to visit Davos for World Economic Forum meet

Jan 14, 2024

Bengaluru, Jan 13 (IANS) A high-level delegation led by Heavy and Medium Industries Minister M.B. Patil will leave on January 14 to attend the World Economic Forum-2024 annual meet which will be held in Davos, Switzerland from January 15 to…

Business

Telangana CM seeks nod for Hyderabad-Vijayawada industrial corridor

Jan 14, 2024

Hyderabad, Jan 13 (IANS) Telangana Chief Minister A. Revanth Reddy on Saturday requested Union Industries and Commerce Minister Piyush Goyal to grant approval for the establishment of a new industrial corridor between Hyderabad and…

Business

Airtel, Jio may soon withdraw unlimited 5G data plan, charge up to 10% more: Report

Jan 13, 2024

New Delhi, Jan 13 (IANS) Reliance Jio and Bharti Airtel might discontinue their unlimited 5G data plans for premium customers soon, media reports said on Saturday. As per the analysts, the companies will likely charge at least 5-10 per…

Business

India secures 2nd spot in Asia for most Internet Exchange Points: Report

Jan 13, 2024

New Delhi, Jan 13 (IANS) India has secured the 2nd spot in Asia last year for the most Internet Exchange Points (IXPs) per country, a new report revealed on Saturday. According to the Internet Society Pulse Country Report, this marks a…

Business

NABARD projects Credit Potential of Rs 2.37 lakh cr for FY 2024-25 in Kerala

Jan 13, 2024

Thiruvananthapuram, Jan 13 (IANS) NABARD has projected a Credit Potential of Rs 2.37 lakh crore under priority sector to be financed by all banks in Kerala for the 2024-25 financial year. This was discussed at the State Credit Seminar…

Business

Websites of top crypto exchanges like Binance, Kucoin blocked in India

Jan 13, 2024

New Delhi, Jan 13 (IANS) The websites of some top global cryptocurrency exchanges like Binance, Kucoin, OKX, among others, were blocked in India on January 12.This comes after the government sent show-cause notices to these crypto exchanges…

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