11843 stories by IPA Staff
Ajmal’s AIUDF Claims ‘5-6 BJP Contestants’ in Their Touch to Support Grand Alliance in Assam
The AIUDF on Tuesday claimed that “five-six BJP contestants” in the just concluded Assam Assembly elections have contacted the party promising support to the Congress-led Grand Alliance of which Badruddin Ajmal’s outfit is a constituent. Karim Uddin Barbhuiya, one of the around 20 AIUDF candidates who were flown to...
HCL Tech, Tata Steel, among technical stocks to buy; Nifty may fall to 13,900 in coming days
The financial and auto stocks are available at major supports and it is advisable to accumulate them with a medium to long term view. Image: Reuters By Shrikant Chouhan The market witnessed hefty short covering on Tuesday when it has rejected to fall below the previous lowest levels of...
Mamata Says BJP Bringing Outsiders Led to Covid Surge in Bengal, Won’t Win Even 70 Seats
West Bengal Chief Minister Mamata Banerjee on Wednesday alleged that the BJP has contributed to the recent rise in COVID-19 cases in the state by bringing “outsiders in large numbers” for campaigning during the ongoing assembly elections. She also accused the BJP-led government at the Centre of not responding...
New Maharashtra Restrictions Likely to Impact Sensex, Nifty: Report
India is going through a tough phase due to the rapid increase in coronavirus cases across the country, especially in the state of Maharashtra. Taking in view of the station, Chief Minister Uddhav Thackeray imposed Section 144 in the state to curb the virus spread. Various restrictions have also...
Vaccine approval positive for Dr Reddy’s but should you inject your portfolio with Sputnik V?
The Russian Sputnik V, after getting the Drugs Controller General of India’s (DCGI) nod has now become the third vaccine to be given the go-ahead in India. (Image: Reuters) With Sputnik V covid-19 vaccine getting the Emergency Use Authorisation (EUA), Dr Reddy’s Laboratories stands to benefit after having secured...
BJP Trying to Destroy Bengal and Its Culture, Says Rahul Gandhi at Bengal Rally
Goalpokhor (West Bengal): Congress leader Rahul Gandhi Wednesday termed BJP claims to build “Sonar Bangla” (golden Bengal) as a “mirage” and said the saffron party has nothing to offer except for hatred, violence and dividing people on the basis of language, religion, caste and creed. During his first rally...
Dr Reddy’s Working on Stability Data on 2 to 8 C Temperature Range for Sputnik V Vaccine
Dr Reddy’s Laboratories is in the process of generating additional stability data for Russia’s COVID-19 vaccine Sputnik V, which has a storage condition of -18C, on 2 to 8 C, a senior official of the drug maker said on Wednesday. Deepak Sapra, Dr Reddy’s Chief Executive Officer, API and...
Infosys to buy shares at 25% premium to current price; approves Rs 9,200 crore buyback plan
Infosys today approved a share buy back. (Image: REUTERS) Software services behemoth Infosys today said that its board has approved a Rs 9,200 crore buyback of equity shares from the open market. The company will buy back shares at a maximum Rs 1,750 apiece, a premium of 25% on...
Infosys declares Rs 15 per share final dividend; Q4 results meet estimates, net profit up 17% on-yr
So far in April 2021, Infosys has added 1.1 per cent. Infosys share price closed nearly 2 per cent down at Rs 1,398.60 apiece on BSE, one day before the quarterly earnings. IT bellwether Infosys on Wednesday announced that its Board of Directors has recommended a final dividend of...
Coinbase Listing Marks Latest Step in Crypto’s March to the Mainstream
The listing is by far the biggest yet of a cryptocurrency company, with the San Francisco-based firm saying last month that private market transactions had valued the company at around $68 billion this year, versus $5.8 billion in September. It represents the latest breakthrough for acceptance of cryptocurrencies, an...
Is it time to trim exposure in volatile stocks and shift to defensives?
Following the announcements by RBI Governor Shaktikanta Das of GSAP, 10-year bond yields fell about 4 bps to 6.08 per cent, the Rupee fell almost 1.5 per cent — its biggest single-day drop since August 2019. Image: Reuters By Kaushlendra Singh Sengar It has always been a controversial issue...
Congress to Launch Digital Media Platform ‘INC TV’ Today to Convey Its Message Directly to People
Image for representation. Sources said the platform was aimed at helping the party convey its message to the people directly and raise issues of importance. PTI New Delhi Last Updated:April 13, 2021, 23:55 IST FOLLOW US ON: The Congress will launch its digital media platform ‘INC TV’ on Wednesday...
LinkedIn Report Finds 93% Companies in India Are Looking to Fill Roles internally
According to LinkedIn’s Future of Talent report, more than nine in 10 (93 per cent) companies in India are looking to fill open roles internally in the post-Covid era. LinkedIn, on Wednesday launched the first edition of the ‘Future of Talent’ report that looked at the evolving role of...
Rupee falls over 2% against US dollar YTD; Q4 results, assembly elections may fuel volatility in INR
Apart from RBI’s activeness more in bond and now less in FX, other economic and political events could drive momentum in Rupee By Amit Pabari When expectation doesn’t meet reality then the market reacts unexpectedly. The same happened this week when RBI came up against the market’s hawkish tone...
Gorkhaland Demand Takes Back Seat as GJM Factions Fight for Political Supremacy
With the two factions of the GJM one led by Bimal Gurung and the other by his former deputy Binay Tamang fighting for supremacy in the Darjeeling Hills, the imbroglio over Gorkhaland has taken a back seat this election, as key stakeholders pitch for development amid the COVID-19 crisis....
Uttar Pradesh Panchayat Polls Begin Tomorrow; Over 3.33 Lakh Candidates In The Fray
Voting for the first of the four-phase Uttar Pradesh panchayat elections, seen as a semi-final to the 2022 Assembly election, will be held on Thursday in 18 districts with ballot papers. More than 3.33 lakh candidates in the fray in over 2.21 lakh seats in the first phase for...
Bitcoin Breaches $63,000 Mark for the First Time, Ether Enjoys a Buoyant Week
Bitcoin this week touched a new record high of USD 63,000. The price of bitcoin climbed as high as USD 63,729.5 on Tuesday, according to data from Coin Metrics. It last traded just under USD 63,000. Bitcoin climbed further by 5 percent during trading the same day. In the...
Infosys Q4 results: Strong revenue growth likely, salary hikes may hit margins; 5 things to watch out for
Infosys share price surged 8.5 per cent in Jan-Mar 2021, and 11 per cent so far this year (YTD) IT bellwether Infosys is scheduled to announce its fourth-quarter results later today. The company will also consider a final dividend for FY21 along with a proposed share buyback. Most brokerage...
