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Strong earnings report from Nvidia bolsters optimism on Wall Street

Feb 23, 2024

New York, Feb 22 (IANS) US stocks soared higher on Thursday after a strong earnings report from tech giant Nvidia bolstered investor optimism on Wall Street, a media report said.The blue-chip Dow Jones Industrial Average was up 278 points, or 0.7 per cent. The S&P 500 gained 1.6 per cen%, while the tech-heavy Nasdaq Composite was 2.4 per cent…

Number of stocks with over $1 bn M-cap nearly doubled to 500 since 2019

Feb 23, 2024

New Delhi, Feb 22 (IANS) The market depth in India has increased considerably over the last few years with the number of stocks with more than $1 billion market cap nearly doubling to 500. While the largest cap stocks (more than $50…

Business

Byju’s saga: Raveendran, Board members not to attend investors’ meet on Friday

Feb 23, 2024

New Delhi, Feb 22 (IANS) The battle between Byju's and investors intensified after the edtech major said on Thursday that the company's co-founder and CEO Byju Raveendran and Board members will not attend the extraordinary general meeting…

Business

Strong domestic fund flows mitigated impact of FII selling in last two months

Feb 23, 2024

New Delhi, Feb 22 (IANS) Strong economic growth, range-bound crude prices and strong DII flows have mitigated the impact of FII selling during the past two months, as per a report by Prabhudas Lilladher.BSE Smallcap and Midcap indexes have…

Business

Air India’s 737 MAX aircraft to be equipped with Collins’ advanced avionics

Feb 22, 2024

New Delhi, Feb 22 (IANS) RTX business Collins Aerospace has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet, an airline official said on Thursday.The deal was…

Business

IRCTC ties up with Swiggy Foods for meals on trains

Feb 22, 2024

New Delhi, Feb 22 (IANS) The Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday announced that it has tied up with Swiggy Foods for the supply and delivery of pre-ordered meals to train passengers through IRCTC's e-catering…

Business

J&K Administrative Council approves Startup Policy 2024-27

Feb 22, 2024

Jammu, Feb 22 (IANS) The Jammu and Kashmir Administrative Council (AC) which met under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the J&K Startup Policy 2024-27, an official statement said on Thursday.The policy has…

Business

Vodafone Idea board to consider fund raising proposal on Feb 27

Feb 22, 2024

New Delhi, Feb 22 (IANS) Vodafone Idea said that a meeting of the board of directors is scheduled on February 27 to consider and approve the proposal relating to fundraising.Vodafone Idea shares were up more than 6 per cent on Thursday. The…

Business

Delhi HC disposes of appeal against single judge’s rejection of restraining order on…

Feb 22, 2024

New Delhi, Feb 22 (IANS) The Delhi High Court on Thursday disposed of BharatPe's co-founder Shashvat Nakrani’s appeal against a single judge bench's order refusing to grant a restraining order against the fintech company's former Managing…

Business

PFRDA notifies new rules for Trustee Bank to protect NPS subscribers

Feb 22, 2024

New Delhi, Feb 22 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amended Trustee Bank and Central Recordkeeping Agency regulations in order to protect the National Pension System subscribers from…

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