Infosys has allowed employees to take up 'gig' jobs on the side with prior consent of managers provided such an engagement does not compete with the company, its clients or pose conflict of interest. The company, in an internal communication to employees, detailed how staff can take up 'gig' work. Analysts say, the move may [...]
ITC Ltd on Thursday reported a 24.08 per cent increase in consolidated net profit at Rs 4,670.32 crore in the second quarter of FY23, led by a strong performance across segments including cigarettes and agri business. The company had posted a net profit of Rs 3,763.73 crore during the July-September quarter of the previous fiscal, [...]
IT company Coforge on Thursday reported about 37 per cent increase in consolidated profit after tax to Rs 201.1 crore in the second quarter ended September 30, 2022. The company had recorded profit after tax of Rs 146.7 crore in the same period a year ago. The consolidated revenue from operations of Coforge increased by [...]
We've all heard about bitcoin, and some of you might own it. If you want to know about it, then definitely read this article till the end, so that you can get more information about it. For so many things you need to know about bitcoin, we have put together a guide that you should [...]
Through this article, we will learn how you can predict long-term value with bitcoin as well as how this method works best for you and how you can profit from using it. The model was introduced by a Twitter user named PlanB, decades after its dark years began to be used in the traditional investment [...]
Crypto enthusiasts are developing new alternative financial systems and assets. When they are carrying out this, they're additionally creating new terms, acronyms as well as phrases for their community. Bridging language boundaries could be an excellent place to begin in case you wish to purchase crypto or are looking into checking out the space. So, [...]
Crores of Indians invest in Fixed Deposits (FD) due to the safety assurance and guaranteed returns that they provide. FDs are largely impervious to market volatility, unlike stocks and mutual funds, and are capable of providing a fixed monthly income to manage your household expenses. Furthermore, FDs are also recommended to be included in your [...]
Do you also have bitcoin coins or do you have other crypto portfolios? Yes, a diversified portfolio will not be less risky for you, but on the other hand, crypto investors can choose any option they want to diversify their holdings. This has become an emerging asset class for investors who can choose to diversify [...]
Overview Vexxsel has been a widely known brokerage industry for many years. It mainly focuses on retail traders and institutional investors who demand flexible investment alternatives. That has seen Vexxsel expand its portfolio to cater to a wide range of asset classes and fixed-income products. Besides, it also boasts an extensive network of global markets, [...]
When the word trading comes to mind, another question arises trading in a long way or short way, which means when traders are buying crypto and when the prices get increased in the market at that time they sell their currency. and on the other side, when the crypto prices are going to drop in [...]
The goal of technical analysis (TA) is to help all those traders and investors to analyse them with a trading instrument and to know or make predictions about what the future will be like. Technical analysis is used by traders, a technical trader always takes into account that the risk is minimized while investing, and [...]
When we start a business and when we need cash at that time, we never have to sell our assets like bitcoin or cryptocurrencies. If a businessman thinks that he wants to start a business of his own, then you know that we need a lot of money for that. All you have to do [...]
The Indian stock exchanges – BSE and NSE will conduct a one-hour special Muhurat trading session on the occasion of Diwali on Monday, October 24, 2022. This will mark the beginning of the new Samvat 2079 – which is an ancient Hindu calendar year that starts on the day of Diwali. The trading session would [...]
Axis Bank on Thursday reported a jump of 70 per cent in its standalone net profit at Rs 5,329.77 crore in quarter ended September 2022 on healthy core income aided by trimming of bad loans. The country's third largest private sector lender had posted a net profit of Rs 3,133.32 crore in the year ago [...]
Dixon Technologies (India) Ltd on Thursday reported 23.11 per cent rise in consolidated net profit at Rs 77.12 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 62.64 crore for July-September period a year ago, the electronic manufacturing services firm said in a BSE filing. Revenue [...]
Drug firm Granules India on Thursday said its consolidated net profit increased by 79 per cent to Rs 145 crore for the second quarter ended September 2022, aided by robust sales across segments. The Hyderabad-based company had reported a net profit of Rs 81 crore in the July-September period of the previous fiscal. Revenue from [...]
State-owned insurance behemoth LIC is expected to recover its Rs 21,624 crore investment it had made in IDBI Bank as share prices are likely to rebound to 2019 levels by the time the lender is privatised, an official said. The official said that since the commencement of the IDBI Bank privatisation process in May last [...]
Delivery witnessed its worst day since listing, as its shares tanked 17.05 per cent on Thursday’s trades to ₹ 463.85 apiece on the National Stock Exchange (NSE). Therefore, its shares are trading below their IPO price of ₹ 487 apiece. This happened after the logistics and supply-chain company said that it expects moderate growth in [...]
South Indian Bank (SIB) on Thursday reported a net profit of Rs 223.10 crore for the quarter ended September 2022 as provisions for bad loans came down significantly. The lender had posted a net loss of Rs 187.06 crore in the same quarter a year ago. Total income during July-September 2022-23 was up 10.6 per [...]
FMCG major Colgate-Palmolive India Ltd on Thursday reported a 3.28 per cent rise in net profit at Rs 278.02 crore for the second quarter ended on September 30, 2022, helped by improved sales momentum. The company had posted a net profit of Rs 269.17 crore in the July-September period a year ago, Colgate-Palmolive India Ltd [...]