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‘Above normal’ monsoon prediction put these stocks in top gear

May 19, 2024

New Delhi, May 19 (IANS) The Indian Metrology Department has predicted an 'above normal' monsoon for 2024. A good monsoon always gives a boost to the stock market, because it revives demand for consumer goods, vehicles, and farm equipment.The Nifty FMCG index has risen over 1.5 per cent so far in May and outperformed the benchmark Nifty 50 by…

WhatsApp working on several new features to enhance user experience

May 19, 2024

New Delhi, May 19 (IANS) Meta-owned WhatsApp is reportedly working on several new features to enhance the user experience on the chatting platform.The feature, which the company presently working on includes -- locked chats on linked…

Business

With a three-day week, expect momentum to break

May 19, 2024

New Delhi, May 19 (IANS) Markets were on a roll during the last week and the volatility seems to have reduced. The visible change was the fact that they just rose and were moving towards a nice set-up where they could go in either…

Business

Over $239 mn raised by 26 Indian startups in funding last week

May 19, 2024

New Delhi, May 19 (IANS) More than $239 million was raised by 26 Indian startups in funding last week, which includes nine growth-stage deals and 15 early-stage deals. Two early-stage startups did not disclose the amount raised, reports…

Business

Elon Musk arrives in Indonesia, to launch satellite internet service Starlink

May 19, 2024

New Delhi, May 19 (IANS) Tesla and SpaceX CEO Elon Musk on Sunday arrived in Indonesia where he aims to launch his satellite-based internet service Starlink.Musk, who is visiting Indonesia for the first time, is scheduled to launch Starlink…

Business

Market Outlook: PMI data, Q4 results key triggers for next week

May 19, 2024

New Delhi, May 19 (IANS) Indian equity benchmarks logged positive returns last week. Sensex and Nifty closed the week with gains of 1.85 per cent and 2.03 per cent respectively.In the last week, broader markets were in an uptrend. Nifty…

Business

Captain Gopichand, five others set to fly to edge of space aboard Blue Origin mission

May 19, 2024

New Delhi, May 19 (IANS) Captain Gopichand Thotakura, along with five others, is set to fly to the edge of space on Blue Origin's crewed flight mission on Sunday evening.The launch window by billionaire Jeff Bezos-owned space venture for…

Business

OpenAI never clawed back any employee’s vested equity: CEO Altman

May 19, 2024

New Delhi, May 19 (IANS) OpenAI CEO Sam Altman on Sunday clarified that the company has never clawed back any employee's vested equity and will never do such a thing in the future.Altman responded to a media report that claimed that the…

Business

Air India Express flight’s engine catches fire, makes emergency landing

May 19, 2024

New Delhi, May 19 (IANS) The Air India Express flight from Bengaluru to Kochi had to make a full-scale emergency landing at Bangalore International Airport Limited (BIAL) due to a fire in one of its engines.The sources said that the crew…

Business

AWS, Microsoft Azure, Google Cloud now dominate 66 per cent of global Cloud spending

May 18, 2024

New Delhi, May 18 (IANS) As artificial intelligence (AI) becomes a key demand driver for cloud investment, Amazon Web Services (AWS), Microsoft Azure and Google Cloud collectively grew by 24 per cent, accounting for 66 per cent of total…

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