Investors richer by Rs 2.81 lakh crore as Sensex ends 593 points higher

NEW DELHI: Stock market bulls continued buying on Monday amid hopes of a US stimulus package and encouraging data from China indicating improvement in the economy. A positive opening in the European markets also added to the momentum. Data showing profits at Chinese industrial firms grew for the fourth straight …

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IT services industry has stabilised: Rishad Premji

The IT services industry has stabilised with customers coming back, looking for a shift to digital, said Rishad Premji, chairman, Wipro. Speaking at an All India Management Association (AIMA) event, Mr. Premji said Indian IT services industry struggled during the April-June quarter because customers had cut spending on technology early …

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IT firms ride on cloud to grow digital revenue

While digital has different implications for different companies, it typically comprises emerging technologies such as cloud, artificial intelligence (AI), big data, and analytics which have seen a surge in demand when compared with traditional services like infrastructure and application development and maintenance. India’s second largest software exporter by revenue, Infosys …

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Share market update: 55 stocks hit 52-week highs on NSE

NEW DELHI: Around 55 stocks rose to touch their 52-week highs on NSE in Monday’s session. Among the stocks that touched their 52-week highs were Advanced Enzyme Technologies, Ashapura Minechem, Bafna Pharmaceuticals, Balaxi Ventures, Brooks Laboratories,Capri Global Capital, Dr. Reddy’s Laboratories, Dynemic Products, Firstsource Solutions, HCL Technologies, Infosys, Karda Constructions, …

Read moreShare market update: 55 stocks hit 52-week highs on NSE