Varun Sinha
-
L&T Infotech's Rs 1,200 Crore IPO Fails To Excite Analysts: 10 Things To Know
Investors in the primary market have reasons to cheer, with many of the recent initial public offers (IPOs) returning huge listing gains. Blockbuster listings of Dr Lal PathLabs, Alkem Labs, TeamLease Services, Thyrocare Tech and more recently Mahanagar Gas, have boosted the confidence of retail investors in IPOs.
- Friday December 8, 2023
- Author: Varun Sinha
-
Nintendo Soars 55% In Four Days As Pokemon Go Mania Grips Gamers
The huge success of Pokemon Go, a mobile game that has rocketed to the top of Apple Inc and Android app stores in record time, has boosted shares of Japanese video games giant Nintendo.
- Friday December 8, 2023
- Author: Varun Sinha
-
Infosys CEO Vishal Sikka Disappointed With Earnings Miss, Shares Crash
Infosys on Friday revised downward its revenue guidance for FY17, triggering a sharp selloff in its shares. Infosys shares crashed nearly 11 per cent after earnings announcement
- Friday December 8, 2023
- Author: Varun Sinha
-
Why IT Companies Have Fallen Out Of Favour With Investors
Investors in IT stocks seem to be on the edge, following the sustained selloff in big IT companies over the last several weeks. On Monday, IT stocks were on track for their third successive decline, with HCL Tech leading the losses in the Nifty50 index.
- Thursday December 7, 2023
- Author: Varun Sinha
-
Why IT Companies Have Fallen Out Of Favour With Investors
Investors in IT stocks seem to be on the edge, following the sustained selloff in big IT companies over the last several weeks. On Monday, IT stocks were on track for their third successive decline, with HCL Tech leading the losses in the Nifty50 index.
- Thursday December 7, 2023
- Author: Varun Sinha
-
Employee Attrition At Infosys, TCS Moves In Opposite Direction In Q1
Infosys disappointed investors as it missed first quarter earnings estimates last week. The slower-than-expected rise in revenue (up 2.2 per cent/1.7 per cent quarter-on-quarter in US dollar/constant currency terms) forced Infosys to revise down its annual sales forecast, leading to a carnage in its shares on Friday.
- Thursday December 7, 2023
- Author: Varun Sinha
-
India to Overtake Thailand as Global Auto Hub by 2020: Report
According to a report by Standard Chartered Bank, Hyundai plans to source engines for its global operations from India, Ford plans to make India its manufacturing hub for engines for the Asia-Pacific region and Africa, and Volkswagen plans to increase sourcing from India to 70 per cent of total global sourcing.
- Thursday December 7, 2023
- Author: Varun Sinha
-
Weathered Lies, False Allegations Last Year: Mukesh Ambani
Mr Ambani did not refer directly to Mr Kejriwal, who has accused him of colluding with top government officials to get unfair prices for natural gas produced from the Reliance-operated D6 block on the east coast.
- Thursday December 7, 2023
- Author: Varun Sinha
-
Get Ready For Sharp Selloff In Sensex, Nifty: Sanjeev Bhasin
Indian stock markets are likely to witness a sharp correction in September, said Sanjeev Bhasin, executive vice president (market & corporate affairs) at domestic brokerage IIFL. Talk that the Federal Reserve might be serious about lifting US interest rates as early as next week could hit equities in the short run, he added.
- Monday September 12, 2016
- Edited by: Varun Sinha
-
Sensex, Nifty Set For Big Selloff Amid Slide In Global Equities
The BSE Sensex and the broader Nifty are set for gap down start on Monday amid a global selloff in equities. The Nifty futures trading on Singapore Exchange (SGX) were down 142 points or 1.6 per cent at 8,766 as of 08.10 a.m., indicating a big selloff in domestic markets today.
- Monday September 12, 2016
- Edited by: Varun Sinha