NEW DELHI: Underpinned by gains in bank, metal and auto shares, equity indices Sensex and Nifty settled in the green on Wednesday, snapping the losing run of last two sessions. Analysts attributed the gains to the short covering in the recently beaten-down stocks amid hopes of a rate cut by ...
BENGALURU: Mindtree said it had joined Hyperledger, an open source collaborative effort on blockchain, to help accelerate the development of its capabilities on the technology and offer industry-specific solutions to clients.Hyperledger, which is hosted by Linux, is a multi-project, multi-stakeholder effort that includes 14 business blockchain and distributed ledger technologies.“Enterprises ...
NEW DELHI: Fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of the budgeted target for the current fiscal year, government data showed on Wednesday.Net tax receipts in the first three months of the fiscal year were 2.51 trillion rupees, while ...
NEW DELHI: Cafe Coffee Day (CCD) on Wednesday changed its red logo to black background with text in white across social networking platforms in remembrance of its founder late VG Siddhartha.The remains of the 60-year-old businessman were recovered from the banks of the Netravati river in Mangalore -- almost two ...
NEW DELHI: Nifty50 snapped a two-day losing streak on Wednesday to settle above the 11,100 mark. During the day, it embarked on a recovery from sub-11,000 level, showing initial signs of strength.Nifty's advance-decline ratio remained strong at 37:13, but the index formed a lower highs and lows, signalling lack of ...
Mumbai: Oppenheimer Funds are set to pick up a minority stake of around 11% at around Rs 400/share in Zee Entertainment, ending months of negotiations, said sources aware of the development. The Oppenheimer offer is believed to be better than the Comcast led consortium's offer of Rs 350/share, they add. ...