Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.

    BUSINESS

    • May- 2022 -
      11 May

      Sensex dips 222 points; Asian Paints, Hindustan Unilever, Infosys slump

      Mumbai: The Indian stock market’s benchmark Sensex was trading 222.03 points down on Wednesday dragged by heavy selling pressure in the index heavyweight Asian Paints. The 30 stock S&P BSE Sensex was trading 222.03 points or 0.41 per cent down at 54,142.82 points at 10:05 am. The broader Nifty 50 of the National Stock Exchange was trading 59.10 points or 0.36 per cent down at 16,180.95 points against its previous session’s close at 16,411.25 points. Asian Paints, Hindustan Unilever, Infosys were the top Sensex losers. Other major Sensex losers included Larsen & Toubro and IndusInd Bank.

      Read More »
    • 10 May

      Sensex opens flat; metal, consumer durables stocks dip

      Mumbai: The Indian stock market’s benchmark Sensex was trading flat on Tuesday dragged by heavy selling pressure in the metal and consumer durables stocks.The 30 stock S&P BSE Sensex was trading 30.62 points or 0.06 per cent down at 54,440.05 points at 10:00 am. The broader Nifty 50 of the National Stock Exchange was trading 19.55 points or 0.12 per cent down at 16,282.30 points. Metal stocks also witnessed selling pressure. Tata Steel Limited slumped 2.06 per cent to Rs 1226.65. Coal India slipped 1.94 per cent to Rs 179.50. Hindustan Zinc also plunged 1.79 points to Rs 303.70. Consumer durables firm Voltas was trading 4.35 per cent down at Rs 998.60. Dixon Technologies India Limited slumped 4.90 per cent to…

      Read More »
    • 10 May

      Swiss Re GBS India to launch new centre in Hyderabad

      Hyderabad: Swiss Re Global Business Solutions (GBS) India, the analytical and innovation hub of Swiss Re, will launch a new centre in Hyderabad in September. The new GBS centre strengthens Swiss Re’s commitment to India, as well as its digital, data and technology capabilities in delivering global solutions that make the world more resilient. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. It is headquartered in Zurich, Switzerland. Pravina Ladva, Group Chief Digital & Technology Officer, Swiss Re, said, “Data is an essential fuel for Swiss Re’s business. Swiss Re is already well-positioned in India and expanding our presence with Hyderabad as a new location will provide an opportunity to…

      Read More »
    • 9 May

      Adani Group acquires franchise in UAE T20 League

      Dubai: Adani Sportsline, a part of the Adani Group, on Monday made a foray into franchise cricket by acquiring the rights to own and operate a franchise in UAE T20 League. Licensed by the Emirates Cricket Board, the UAE T20 League will be an annual event that will feature six teams competing in a 34-match event. Top players from all the cricket-playing nations are expected to be in the line-up of different teams. The league will also provide a platform to upcoming cricketers. This will be the first major move overseas by Adani Sportsline that will “connect and engage with global fans” from across the cricketing nations. “It is a proud moment for us to announce the Adani Group’s association with…

      Read More »
    • 9 May

      IIT-Hyderabad to invest in eight deep tech start ups

      Sangareddy: iTIC Incubator at Indian Institute of Technology Hyderabad (IIT-H) recently selected eight deep tech startups from across India to support them via their pre-incubation and incubation support programs. A signing and on-boarding ceremony was organised to facilitate and give a boost to top-notch startups. The iTIC Incubator is investing up to Rs 25 lakh each in five prototype ready startups: Learn and Empower – working on building an accessible game-based learning platform for children with hearing loss; LiqSure Systems – building a water purification system using hydrodynamic cavitation principal for greywater treatment; Milatronics – an automated feeding system for aqua farmers; Pranahita Biotrinics – developing AI-powered low-cost testing kits for COVID and other viruses; and Eaffocare – working on regenerative…

      Read More »
    • 9 May

      Hyderabad-based Hysea elects its first woman president

      Hyderabad: The Hyderabad Software Enterprises Association (Hysea) has elected its first women president. Infosys Hyderabad SEZ Centre Head Manisha Saboo will be the new president of Hysea for the term 2022-24. She takes over this role from the outgoing president Bharani K Aroll, CEO, Infopeers. Manisha represents Infosys in Hysea and as the Hysea CSR forum lead she steered Hysea Covid relief activities. She has over 20 years of experience in the IT industry and as centre head of Infosys HYD-SEZ she ensured the stellar contribution of Infosys in Telangana by building symbiotic relationships with academia, government, and industry. As a woman leader, she is committed to helping other women build careers – be it inspiring young girl students to pursue…

      Read More »
    • 6 May

      Sensex drops 786 points; realty, IT stocks dip

      Mumbai: The Indian stock market’s benchmark Sensex fell 786.31 points on Friday dragged by heavy selling pressure in the realty and Information Technology stocks. The 30 stock S&P BSE Sensex was trading 786.31 points or 1.41 per cent down at 54,915.92 points at 10:00 am. The broader Nifty 50 of the National Stock Exchange was trading 247.75 points or 1.49 per cent down at 16,434.90 points. Metal firm APL Apollo was trading 3.95 per cent down at Rs 962.50. The Steel Authority of India slumped 9.51 per cent to Rs 90.80. JSW Steel Limited slipped 2.45 per cent to Rs 690.25. Realty stocks also witnessed selling pressure. Sobha Limited slumped 5.26 per cent to Rs 563.35. Lodha Group slipped 3.92 per…

      Read More »
    • 5 May

      Rupee surges 29 paise to 76.11 against US dollar in early trade

      Mumbai: The rupee appreciated 29 paise to 76.11 against the US dollar in opening trade on Thursday amid weakening of the American currency in the overseas market. At the interbank foreign exchange, the rupee opened at 76.17 against the American dollar, then gained further ground to quote at 76.11, registering a rise of 29 paise from the last close. On Wednesday, the rupee had settled at 76.40 against the American currency. The Indian rupee opened stronger against the US dollar this Thursday after a surprise rate hike by the Reserve Bank of India and the US Fed Chairman Powell pushing back against a steeper 75-basis points rate hike in the coming months, said Sriram Iyer, Senior Research Analyst at Reliance Securities.…

      Read More »
    • 5 May

      Equity indices open in green, Sensex up by 428 points

      Mumbai: Equity benchmark indices opened in green on Thursday with Sensex up by 428.51 points and Nifty by 135.00 points. At 9:29 AM, the BSE Sensex was up by 428.51 points or 0.77 per cent at 56,097.54. BSE Limited, also known as the Bombay Stock Exchange, is the oldest stock exchange in Asia, and also the 10th oldest in the world. The 50-scrip NSE Nifty was trading at 16,812.60, at 9:29 AM, up by 135.00 points or 0.81 per cent. NIFTY 50 is a benchmark Indian stock market index, representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. It is one of the two main stock indices used in India.

      Read More »
    • 5 May

      Cryptocurrency, the new target for cyber-criminals

      Cryptocurrency seems to be the new area of attack for cybercriminals with crypto-related scams trending. A research by Norton Labs found that over $29 million in bitcoin was stolen in 2021 and it expects the figure to continue to rise in 2022 as the crypto market’s value increases. Along with cryptocurrency, cybercriminals are deceiving victims with deepfakes to scam consumers and spread disinformation. NortonLifeLock’s global research team, Norton Labs, on Wednesday published its quarterly Consumer Cyber Safety Pulse Report sharing the top consumer cybersecurity insights and takeaways from January through March 2022, including how cybercriminals are deceiving victims with deepfakes and crypto scams to access financial or personal information. Deepfakes are being utilised by bad actors to scam consumers and…

      Read More »
    Back to top button

    Notice: ob_end_flush(): Failed to send buffer of zlib output compression (0) in /home4/eveningd/public_html/wp-includes/functions.php on line 5493