Nifty gives up all its gains to close flat

Mumbai (IANS) Domestic equities started on a strong note on the back of positive global cues.

However, they witnessed profit booking in the last hour, leading to Nifty giving up all its gains and closing flat at 19,347 points, up 0.02 per cent…

MediBuddy raises $18 mn for strategic acquisitions, continued expansion

New Delhi (IANS) Digital healthcare platform MediBuddy on Wednesday said it has secured additional funding of $18 million from existing investors Quadria Capital, Lightrock and TEAMFund.

In February 2022, MediBuddy raised $125 million during…

Sensex up more than 100 points in morning trade

New Delhi (IANS) BSE Sensex is up 101 points in trade at 65,097 points in Tuesday morning trade.

Among the top Sensex gainers are Jio Financial, Tech Mahindra, Powergird and JSW Steel up over 1 per cent in trade. Bharti Airtel is down by more…

GalaxEye develops drone-based SAR

Chennai (IANS) City-based space sector start-up GalaxEye Space Solutions Pvt Ltd on Tuesday claimed it has developed a drone-based synthetic aperture radar (SAR).

According to GalaxEye, the inhouse developed data fusion technology will deliver…

Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023: Report

New Delhi (IANS) The Indian IT industry is expected to see moderate revenue growth of 3 to 5 per cent in FY2024, lower than 9.2 per cent (year-on-year) growth in FY2023, a new report said on Tuesday.

According to the credit rating agency ICRA,…

Hybrid work surges 29% as firms embrace flexibility: Report

New Delhi (IANS) Hybrid work surged 29 per cent (year-on-year) in the April-June period globally as “remote work” and “work from home” options declined, a report showed on Monday.

Hybrid working roles, which enable employees to balance their…

Indian electronics sector to tap $7 bn untapped revenue via circular economy by 2035

New Delhi (IANS) India's electronics sector is set to harness $7 billion untapped revenue by 2035 via circular business model and policy pathways, industry stakeholders said here on Monday.

Current commitments and targets set the projected…

Our investment in India will keep growing: IBM CEO Arvind Krishna

New Delhi (IANS) Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R and D) centres in India and the company will continue to invest more as the country aims to become…

Short term trend of Nifty continues to be negative, say analysts

New Delhi (IANS) The short-term trend of Nifty continues to be negative and there is a possibility of some more weakness in the coming sessions, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

However, a sizable upside bounce…

Govt decides not to allow basmati rice exports below $1,200 per tonne

New Delhi (IANS) The government on Sunday said that it has decided not to allow exports of basmati rice below $1,200 per tonne to restrict possible “illegal” shipment of white non-basmati rice in the garb of premium basmati rice.

In a statement,…