Month: July 2023

Unleashing power of language models in India’s IT landscape: The talking network revolution

– By Ravinder Singh In the dynamic landscape of India’s ever-evolving Information Technology (IT) sector, the integration of cutting-edge technologies has become imperative for staying ahead in the digital race. Among the myriad advancements, the fusion of Generative Artificial Intelligence…

FPI sell-off continues; Rs 3,400 cr pulled out in just 3 trading sessions in November

Foreign Portfolio Investors’ (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This…

Where is Dalal Street headed this week

The benchmark equity indices showed a trend reversal and ended the last week’s last trading session in the positive territory. The NSE Nifty 50 soared 190 points or 1.01% to settle at 19,047.25, while the BSE Sensex climbed 634.65 points…

Your queries: Loans | Brother-sister duo is not automatically given loan

By Chaitali Dutta l My unmarried sister wants to take a home loan of Rs 20 lakh. Can I become a co-borrower with her and remove my ownership from the bank records once she gets married?—Brijesh PantThe loan is sanctioned…

FII, DII data: FPIs sold shares worth Rs 1261 Cr, DIIs added shares worth Rs 1380 Cr on November 2, Thursday

Foreign institutional investors (FII) offloaded shares worth net Rs 1,261.19 crore, while domestic institutional investors (DII) added shares worth net Rs 1,380.15 crore on November 2, 2023, according to the provisional data available on the NSE. For the month till…

Mcap of nine of top-10 most valued firms surges Rs 97,463 crore; Reliance leads

The combined market valuation of nine of the top-10 most valued firms surged Rs 97,463.46 crore last week, with Reliance Industries emerging as the biggest gainer, amid an overall positive trend in equities. Last week, the BSE benchmark jumped 580.98…

Toyota Kirloskar Motor implements safety programs to increase awareness among youth

Toyota Kirloskar Motor (TKM), one of India’s leading passenger vehicle makers has announced the implementation of two road safety programs, namely the ‘Toyota Safety Education Program’ (TSEP) and the Toyota Hackathon. The programs are aimed to educate, create awareness, instil…

IT firms turn to Australia as US market slows

amid muted growth in north America — the largest tech spender — top IT companies like TCS, Infosys and HCLTech have been increasingly focusing on Australia this year. They are winning not just BFSI, retail and government contracts, but also…

Financials lead slide in Indian shares; Reliance curbs losses

India’s blue-chip indexes fell on Monday led by financials, as Middle East conflict and elevated U.S. Treasury yields weighed on sentiment, while gains in Reliance Industries limited losses. The NSE Nifty 50 index was down 0.23% at 19,003.95 as of…

‘Huge suppression of income’ by firm linked to Congress MP Dhiraj Sahu: Income Tax department

The Income Tax department has alleged that the business group linked to Congress MP Dhiraj Sahu’s family, raids against whom led to the recovery of over Rs 350 crore in cash, resorted to huge suppression of income from their liquoir…