Cyient said that it has acquired 27.3% stake in Azimuth AI for building application-specific integrated circuit (ASIC) chips and for strengthening semiconductor capabilities.
Posts in category Business Standard
Ministry of Rural Development says 95% of Land Records in Rural India Digitized (28-10-2024)
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Arvind SmartSpaces Ltd leads gainers in ‘B’ group (28-10-2024)
Kewal Kiran Clothing Ltd, InfoBeans Technologies Ltd, Dynamic Cables Ltd and Sharda Cropchem Ltd are among the other gainers in the BSE’s ‘B’ group today, 28 October 2024.
Can the Sensex hit 125,000 in Samvat 2081? Here’s what chart say (28-10-2024)
After surging up to 25% in Samvat 2080; the Sensex and the Nifty have cooled-off a bit in the last one month. Here’s a technical outlook on the benchmarks and sectoral indices for Samvat 2081.
Nasdaq hits new record intraday high (28-10-2024)
The major U.S. stock indexes turned in another mixed performance on Friday. Nasdaq added to Thursday’s strong gain, the Dow extended its losing streak to five sessions.
US dollar index currency speculators turn net long (28-10-2024)
US dollar index currency speculators turn net long for the first time in a month after having slipped to a near six-month low last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 911 contracts in the data reported through October 22, 2024, showing an increase of 3011 net long contracts compared to the previous week.
Orient Electric Ltd leads gainers in ‘A’ group (28-10-2024)
Archean Chemical Industries Ltd, Syrma SGS Technology Ltd, Amara Raja Energy & Mobility Ltd and Bandhan Bank Ltd are among the other gainers in the BSE’s ‘A’ group today, 28 October 2024.
Bandhan Bank surges after Q2 PAT jumps 30% YoY to Rs 937 cr (28-10-2024)
Bandhan Bank soared 9.09% to Rs 183.60 after the bank reported 29.99% growth in standalone net profit to Rs 937.44 crore on 21.11% rise in total income to Rs 6,094.53 crore in Q2 FY25 over Q2 FY24.
Cipla Q2 Preview: Analysts expect lukewarm growth in sales, profit (28-10-2024)
Analysts expect Cipla to register a low single digit rise in the topline and bottomline, with margins being impacted by modest sales in the US and domestic formulations
Resilient growth offers space to focus on inflation to ensure its durable descent says RBI Governor (28-10-2024)
The Indian economy rebounded from the severe contraction imposed by the COVID-19 pandemic and averaged a real GDP growth of above 8 per cent during the last three financial years, according to Shaktikanta Das, Governor, Reserve Bank of India. Das noted in a speech that for the current year (2024-25), the Reserve Bank of India has projected real GDP growth of 7.2 per cent, with risks evenly balanced around this forecast. Improving domestic demand, lower input costs and a supportive policy environment, are spurring manufacturing activity.