To leverages its own distribution network to offer range of Zoho solutions
Posts in category Business Standard
Australia Market falls 0.56% (05-04-2024)
At closing bell, the benchmark S&P/ASX200 index declined by 44.07 points, or 0.56%, to 7,773.27. The broader All Ordinaries index sank 46.42 points, or 0.57%, to 8,026.04.
Godrej Properties garners sales of Rs 2690 cr from its ‘Godrej Reserve’ project (05-04-2024)
Godrej Properties announced that it has sold inventory worth Rs 2,690 crore in its project, Godrej Reserve, located in Kandivali, Mumbai. Launched within fifteen months of acquiring the land, this is GPL’s most successful launch ever in Mumbai in terms of the value and volume of sales achieved.
Japan Market plunges on firmer yen, Middle East tensions (05-04-2024)
Geopolitical concerns grew after Israel’s suspected killing of Iranian generals in Damascus earlier this week raised the prospect of potential retaliation by Iran, with Prime Minister Benjamin Netanyahu vowing to defend the country if attacks occur. Market players were also cautious ahead of a key monthly U.S. jobs data release for March that could reveal clues on the timing of possible interest rate cuts, after some Federal Reserve officials suggested that rate cuts might not be imminent.
The 225-issue Nikkei Stock Average index plummeted 781.06 points, or 1.96%, to finish at 38,992.08. The broader Topix index of all First Section issues on the Tokyo Stock Exchange retreated 29.38 points, 1.08%, to 2,702.62.
Total 25 of 33 TSE sectors closed lower, with precision Instruments, down 3.2%, followed by Securities & Commodities Futures (down 2.5%), Electric Appliances (down2.4%), Machinery (down 2%), and Electric Power & Gas (down 1.68%) sectors, while Textiles & Apparels ..
Redington gains on partnership with Zoho Corp (05-04-2024)
Redington gained 3.11% to Rs 222.45 after it announced a strategic partnership with Zoho Corporation to help businesses in India accelerate their digital transformation.
Equitas Small Finance Bank receives RBI nod for appointment of Part-time Chairman (05-04-2024)
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Bank of Maharashtra gross advances climbs 16% YoY in Q4 (05-04-2024)
Bank of Maharashtra announced that its gross advances jumped 16.31% to Rs 2,03,677 crore as of 31 March 2024 as against Rs 1,75,120 crore as of 31 March 2023.
Mphasis enters into multi-year collaboration with AWS to launch Gen AI Foundry (05-04-2024)
The Gen AI Foundry will serve as a dynamic platform for modeling industry use cases and developing proof of concepts (POCs) initially within the financial services Industry, with plans to expand across other sectors. This virtual forum will offer clients the opportunity to experience demos and POCs either at the Mphasis Experience Centre in NYC or AWS
Executive Briefing Center (EBC) in NYC, providing a showcase of generative AI solutions tailored to the client’s needs and objectives.
Sustained momentum in manufacturing and services sector should boost private consumption (05-04-2024)
Shaktikanta Das, governor of the Reserve Bank of India noted today that going forward, the outlook for agriculture and rural activity appears bright, with good rabi wheat crop and improved prospects of kharif crops, due to expected normal south-west monsoon. Strengthening of rural demand, improving employment conditions and informal sector activity, moderating inflationary pressures and sustained momentum in manufacturing and services sector should boost private consumption. As per our survey, consumer confidence one year ahead reached a new high, Das noted.
Birlasoft Ltd leads losers in ‘A’ group (05-04-2024)
Linde India Ltd, Arvind Fashions Ltd, Varroc Engineering Ltd and Confidence Petroleum India Ltd are among the other losers in the BSE’s ‘A’ group today, 05 April 2024.