benchmark indices ended lower on Friday, snapping a five-session winning streak, as a sharp selloff in information technology stocks following Accenture’s weak outlook overshadowed supportive factors such as lower crude…
Category: Testing
Mukesh Ambani’s Jio IPO is here: Reliance to offer up to 27 crore fresh shares
The wait for one of India’s most anticipated stock market debuts is finally coming to an end. Reliance Industries Chairman Mukesh Ambani on Thursday announced that Jio Platforms will file…
Government grants copyright society status to PPL India, boosting royalties
In a major development for India’s music industry, the government has granted registration to Phonographic Performance Limited (PPL India) as a Copyright Society under the Copyright Act, 1957. The registration…
Mukesh Ambani announces Jio IPO at RIL AGM, draft papers to be filed with Sebi today
After years of speculation and months of anticipation, Reliance Industries Chairman, Mukesh Ambani on Thursday finally announced the next big milestone for Reliance Jio’s stock market debut. Addressing shareholders at…
Why Infosys took the biggest hit after Accenture’s warning
Global giant Accenture’s warning on slower growth sent India’s IT stocks tumbling on Friday, wiping out billions of rupees in market value and dragging the Nifty IT index down more…
Sensex down 700 points: Why is stock market falling today after a 5-day rally?
Dalal Street started in the red with benchmark indices opening sharply lower on Friday, with a massive dragging the broader market into the red despite supportive factors such as lower…
Reliance AGM: Will Mukesh Ambani finally reveal the Jio IPO date today?
The wait for one of India’s most anticipated stock market debuts may finally be nearing an end. Just a day after the National Stock Exchange (NSE) filed draft papers for…
Sensex, Nifty tumble as Accenture warning triggers IT crash on Dalal Street
Dalal Street tanked nearly 1% in early trade as benchmark indices opened sharply lower on Friday, snapping a five-session winning streak, as a brutal selloff in information technology stocks overshadowed…
Accenture warning sends Infosys, TCS and HCLTech tumbling. Here’s why
Infosys, TCS, HCLTech and other IT stocks remained under pressure on Friday after global IT services giant Accenture cut the upper end of its annual revenue growth forecast, raising fresh…