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US markets fall for 6th day in a row, SP 500 down 0.32%; ...
US Markets continued to trade in the red over Middle East tensions. European markets traded mixed, while Asian markets tumbled. Indian indices and Crude trad...

Wipro CEO Pallia unveils five focus areas to turn around ...
Pallia said Wipro would first accelerate large deal momentum by working closely with clients and partners, among other 4 measures.

Demerger will begin after government divests stake: Hindu...
Moneycontrol had reported last year that the government will dilute about 3.5 percent out of the total 29.5 percent stake via offer for sale (OFS) route

HDFC AMC Q4 results: Net profit rises 43% to Rs 540 crore
The AMC closed at Quarterly Average Assets Under Management (QAAUM) of Rs 6.12 lakh crore and a market share of 11.3 percent in the quarter.

Wipro guides for revenue of -1.5% to 0.5% in Q1FY25
CFO Aparna Iyer said it is a tough macroeconomic environment and clients are going through a very challenging time.

Is the cement sector overvalued? Here#39;s what market ex...
Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were #39;pockets of opportunity#39;.

Oil price trades lower despite Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down significance of attacks

Jio Financial Services Q4 results: Net profit at Rs 310 c...
Jio Financial Services Q4 results: The company reported a net profit of Rs 293 crore and a net interest income of Rs 269 crore in the previous quarter

Sanathan Textiles refiles draft papers to raise Rs 800 cr...
Sanathan Textiles IPO | The IPO is a mix of fresh issuance of equity shares worth Rs 500 crore and an offer-for-sale (OFS) of shares worth Rs 300 crore by pr...

Miners double down on bitcoin halving
Plus, updates on crypto venture capital

Reschedule non-essential travel to or via Dubai, says Ind...
Due to disruption caused by unprecedented weather conditions in the UAE earlier this week, Dubai International Airport has temporarily limited the number of ...

Technical View: Nifty forms Bullish Piercing pattern, may...
The options data indicated that the Nifty may find resistance at 22,200 and then 22,500 mark, with support at 22,200 and 21,900 levels.

PMS or Mutual Funds? How returns compared
With smaller size making PMSs funds more nimble, they have also now built a healthy track record. So much so that, the returns delivered by the top PMS schem...

MC Pro Quick Take | Wipro Q4: In-line execution, better m...
Wipro#39;s in-line execution and bookings and surprise on margin stood somewhat negated by a soft near-term guidance

Wipro reports large TCV of $1.2 billion in Q4, up 9.5% YoY
On a full-year basis, the order book was up over 16 percent at $4.6 billion as compared to $3.90 billion recorded in FY23.

Vodafone Idea FPO booked 43% on Day 2, QIBs in lead
Vodafone Idea is looking to raise Rs 18,000 crore through FPO, the biggest ever follow-on public offer by the Indian entity

Vodafone Idea FPO booked 49% on Day 2, QIBs in lead
Vodafone Idea is looking to raise Rs 18,000 crore through FPO, the biggest ever follow-on public offer by the Indian entity

Rupee rises 4 paise to close at 83.48 against US dollar
Forex traders said the domestic currency fell in early trade on risk aversion in global markets amid geopolitical tensions in the Middle East

The World Bank’s private capital push
Also in today’s newsletter, a new tax task force kicks off, and the Net-Zero Asset Owner Alliance widens its scope

Which scientists get mentioned in the news? Mostly ones w...
A new study finds that in news stories about scientific research, U.S. media were less likely to mention a scientist if they had an East Asian or African nam...

Gainers and Losers: 10 stocks that moved the most on Apri...
Among sectors, BSE Bankex and metals gained between 0.8 and 1 percent, while BSE Realty and IT fell between 0.5 and 0.6 percent in a volatile session.

Timber mill workers in Montana have a tough time finding ...
One of the last remaining sawmills in Montana is closing, but not for lack of logs. Housing is too expensive for the labor force, and the mill can't hire eno...

Platform shoes or slip-ons? Step into summer style with t...
Summer is here, are you ready to step out with confidence and make a bold fashion statement with every step? From daring reds and electric blues to deep maro...

Wipro Q4 results: Net profit falls 8% to Rs 2,835 crore, ...
Wipro pegs IT services revenue at -1.5% to 0.5% in constant currency terms

Taking Stock: Market makes a smart recovery to snap 4-day...
For the week, the Sensex and the Nifty fell 1.5 percent each

HDFC Bank Q4 preview: Focus on deposits to keep margins s...
The lender moderated loan growth in Q4 in favour of a strong focus on deposit mobilisation. Exceptional income will also likely bolster quarterly earnings in...

Fintech finally starts to add up for investors
More firms may be seeking listings in the next year

Google worker says the company is 'silencing our voices' ...
The tech giant fired 28 employees who took part in a protest over the company's Project Nimbus contract with the Israeli government. One fired worker tells h...

Meet Aitana, a pink-haired model who earns up to Rs 9 lak...
Aitana, the AI model, earns lakhs from her advertisements, brand endorsements and also an OnlyFans like platform.

Buy HDFC Life Insurance Company; target of Rs 750: Sharekhan
Sharekhan is bullish on HDFC Life Insurance Company has recommended buy rating on the stock with a target price of Rs 750 in its research report dated April ...

Option strategy | Bear put spread for Axis Bank
The momentum indicator MACD for Axis Bank has also turned bearish, which indicates that in the short term, the trend will likely remain bearish

Do the rally in metals, other commodities, hint at reflat...
During periods of reflation trade, investors turn overweight on sectors or assets that will gain from rising inflation

Sensex, Nifty erase losses on short covering, rise 0.6%, ...
Analysts expect bearish bias to persist in the near-term as higher US bond yields will keep FIIs away from Indian equities

Sensex, Nifty erase losses on short covering, rise 0.8%, ...
Analysts expect bearish bias to persist in the near-term as higher US bond yields will keep FIIs away from Indian equities

Buy Infosys; target of Rs 1750: Emkay Global Financial
Emkay Global Financial is bullish on Infosys has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated April 19, 2024.

Volkswagen workers in Tennessee could change the trajecto...
In what could be a historic election, Volkswagen workers in Chattanooga, Tenn., conclude three days of voting on whether to unionize with the United Auto Wor...

'Planet Money' explores the specialized workforce in Brit...
The British royal workforce, like that of the global economy, is aging rapidly. But what do these working royals do all day, anyway?

Hindustan Zinc Q4 results: Net profit drops 21% to Rs 2,0...
Mined metal production in the March quarter stood at 299 KT, up 11 percent from the previous quarter, led by a mix of improved mined metal grades and higher ...

Canara Bank sets May 15 as record date for 1:5 stock spli...
The board approved stock split to improve liquidity of Canara Bank#39;s shares and make them more accessible for retail investors

Motilal Oswal soars to 52-week high on first-ever plan to...
Motilal Oswal Financial Services board will meet on April 26 to consider the proposal

Concentrated power at the top of businesses remains a red...
There remains a logic to separating functions of chair and chief executive

NBCC to set up shadow lender to help save over $100 million
The construction and real estate developer estimates the move will help it save $108 million in interest costs over the next two years, said the sources, who...

Buy HDFC Life Insurance; target of Rs 725: Emkay Global F...
Emkay Global Financial is bullish on HDFC Life Insurance has recommended buy rating on the stock with a target price of Rs 725 in its research report dated A...

Noida Authority frees 18 acres of plot worth Rs 308 crore...
The Noida Authority had identified multiple sectors, villages, and areas specially along the Noida Expressway, where land mafias had encroached upon the gove...

Israel launches retaliatory strikes against Iran
Oil prices jump after limited attacks that were reportedly in response to last week’s drone and missile barrage by Tehran

Tata Communications stock falls for 8th straight day; bro...
Tata Communications#39; weak margin performance in Q4 turned out to be the biggest dampener for brokerages. Its EBITDA margin contracted to 18.6% in Q4, down...

Neutral HDFC Life Insurance; target of Rs 670: Motilal Oswal
Motilal Oswal recommended Neutral rating on HDFC Life Insurance with a target price of Rs 670 in its research report dated April 18, 2024.

Neutral Tata Communications; target of Rs 1910: Motilal O...
Motilal Oswal recommended Neutral rating on Tata Communications with a target price of Rs 1910 in its research report dated April 18, 2024.