On the BSE, auto, capital goods, power, metal and realty added 1-1.8 percent, while selling was seen in the healthcare, information technology and oil gas namesfrom Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/taking-stock-|-market-endsmodest-gains-amid-volatility-aheadunion-budget-2023_16835841.html
The current bout of layoffs among tech companies may be just a cyclical phenomenon, but looming ahead is the nightmare of artificial intelligence making hundreds of thousands of coders redundantÂ
Adani Enterprises, Bajaj Finance, UltraTech Cement, Bajaj Finserv and HCL Technologies gained the most of the Nifty. Power Grid Corporation, JSW Steel, Bajaj Auto, Larsen and Toubro and IndusInd Bank saw the biggest losses
The potential for misuse of the new AI wonder for writing better phishing emails and codes has piqued the interest of the cops.
The total number of devices shipped was 286 million, down from 329 million in 2022.
The first half of the year will be jam-packed with slab phone announcements leading up to the Mobile World Congress in late February to early March.
A Competence Enhancement Scheme, envisioned as part of the New Education Policy, is likely to be launched by Delhi University either this March or during the coming academic year.
The top losers on the Nifty were Adani Ports, Adani Enterprises, ICICI Bank, SBI and BPCL. Nifty Auto, Pharma and FMCG managed to end higher, as other sectors tanked
Shipments declined 18.3% in the December quarter compared to a year earlier, to a little over 300 million units, Needham, Massachusetts-based IDC said Thursday. For the year, shipments fell 11.3% and marked the lowest total for a decade, the researchers said.
While speaking at India Stack Developer Conference, the minister said that the Prime Minister has decided to offer India technology platforms to countries to help them accelerate digitisation.
All sectors are trading in the red with financials taking the biggest hit. Nifty PSU Bank tanked over 3 percent and Nifty Bank fell over 2 percent
The BSE midcap and smallcap indices shed 0.3-0.4 percent.
An RBI research paper finds that sectors which witnessed a large increase in productivity growth have registered declining growth of employment and capital during 2011-19 as compared to 2001-10
Spotify, which had about 9,800 full-time employees as of September 30, said it expects to incur about 35 million euros ($38.06 million) to 45 million euros in severance-related charges.
HUL, Sun Pharma, Tech Mahindra, Eicher Motors and UPL were among the biggest Nifty gainers. The losers included UltraTech Cement, Grasim Industries, NTPC, JSW Steel and Tata Steel
The minister said that in contrast to the fiscal stimulus-driven approach, the Prime Minister of India took an approach that was very focused on consumption and a large part of the fiscal space was allocated towards investment.
Chief scientific adviser Mike Short and technology specialist Chris Moore, at the UK department of international trade, on the opportunities, challenges and way forward for the UK-India cooperation in technology and allied sectors. The UK is keen on attracting Indian IT companies.
HUL, Asian Paints, Bajaj Finance, JSW Steel and Nestle India were among the biggest losers on the Nifty, while Coal India, HDFC Bank, Power Grid Corporation, HDFC and ITC ended on top of the heap
Rajeev Chandrasekhar, who holds the portfolio of Entrepreneurship, Skill Development, Electronics and Technology, also said India is focusing on digital eco-system that transforms lives and not just an area of creating opportunity.
Wikipedia, the free online encyclopedia, gets a makeover. Find out how it changes user experience.
On the BSE, the power index shed a percent, the auto index 0.5 percent and the FMCG index fell 0.8 percent. The metal index added 0.57 percent
The Editors Guild of India urged the government to expunge the draft amendment to the IT Rules and cited concernsregarding press censorship at the hands of the government.
The push into smart displays will start with a tablet product â essentially a low-end iPad â that can control things like thermostats and lights, show video and handle FaceTime chats, people with knowledge of the plans said.
The expected layoffs would be the latest in the US technology sector, where companies including Amazon.com Inc and Meta Platforms Inc have announced retrenchment exercises
The BSE midcap and smallcap indices end flat
The city-headquartered company recently commenced shipment of the flow forming wheel to the United States and expects to unveil the product soon in the domestic market.
Among sectors, the Nifty PSU bank index added 1.5 percent, IT a percent and the energy index closed 0.6 percent higher
If Moonlighting, Quiet Quitting and The Great Resignation kept post-pandemic 2022 a tumultuous year, the new year will see office managements explore a cohesive system incorporating digital technologies with human workforce for smooth sailing.
Adani Enterprises, Tata Steel, IndusInd Bank, Eicher Motors and Infosys were among the top Nifty gainers, losers included Titan Company, Apollo Hospitals, Nestle India, Larsen Toubro and ITC
Divis Labs, Reliance Industries, BPCL, Axis Bank and Tata Motors were among the top Nifty losers, while gainers included SBI Life Insurance, UltraTech Cement, Larsen and Toubro, HCL Technologies and Cipla
Both India and the US will also release their CPI (consumer price index) inflation numbers on January 12, which will indicate the path for further monetary tightening
MM, TCS, HCL Technologies, Tech Mahindra and IndusInd Bank were among the top Nifty gainers. The big losers were Titan Company, Bajaj Finserv, Grasim Industries, Bajaj Auto and HDFC Life
Barring FMCG, which ended flat, all sectoral indices ended the last day of the first week of 2023 in the red. TCS, JSW Steel, IndusInd Bank, Bajaj Finserv and Tech Mahindra were the biggest losers on Nifty
Inflation remains the biggest worry as higher rates for a longer period spell elevated risks to the equity markets amid continuing geopolitical crises
The cuts amount to 6 percent of Amazon#39;s roughly 300,000-person corporate workforce and represent a swift turn for a retailer that recently doubled its base pay ceiling to compete more aggressively for talent
Banking Financials along with the IT were the top drags of the day while FMCG, Auto and Pharma were the top gainers
Parekh also highlighted the need to build responsible data loops. Data looping is the process of end-to-end data collection and processing that involves aggregating, mining, modelling and visualising data sets.
BSE midcap and smallcap index ended marginally higher.
The Competition Commission issued demand notices to Google for its failure to pay the Rs 2,274.2 crore penalties imposed in October last year for anti-competitive practices
Broader indices performed inline with benchmarks with the BSE midcap and smallcap indices rising 0.5 percent each.
The IT ministry has sent a proposal for enhancement of the scheme, as of now the proposal is now in the hands of finance and some other related ministries.