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Tech Stocks Fall as Other U.S. Indices Move up Treasury yields jumped to a more than 3-month high, pulling down shares of the world’s largest tech companies. The tech-heavy NASDAQ 100 underperformed other indices. FAANG shares including Amazon.com Inc. and Netflix moved down while energy stocks gained. Stoxx Europe is down by 0.095% Dow Jones […]
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Tech Stocks Fall as Other U.S. Indices Move up Treasury yields jumped to a more than 3-month high, pulling down shares of the world’s largest tech companies. The tech-heavy NASDAQ 100 underperformed other indices. FAANG shares including Amazon.com Inc. and Netflix moved down while energy stocks gained. Stoxx Europe is down by 0.095%Dow Jones is […]
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India to export 8 million Covid-19 vaccine doses in October India will export eight million Covid-19 vaccine doses by the end of October after ending its ban on sending doses abroad. Prime Minister Narendra Modi has promised to resume exports of vaccines at a meeting of the ‘Quad’ leaders, as India, Japan, Australia, and the […]
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Indices Stay Flat on Last Day of the Week Markets in the U.S. stayed sideways with the crypto markets being wobbled by Chinese regulations. Stocks are confused after Bitcoin, Ethereum and others crashed after China said crypto-related transactions will now be considered illicit financial activity.  Stoxx Europe is down by 0.90% Dow Jones is flat […]
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SJVN to set up 1,000 MW grid-connected solar power project Satluj Jal Vidyut Nigam (SJVN) has secured a contract to set up a 1,000 megawatt (MW) grid-connected solar power project through the bids floated by the Indian Renewable Energy Development Agency (IREDA). The tentative cost for the construction and development of the project is Rs […]
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U.S. Stocks Gain For Second Day with Fed Decision U.S. stocks rallied for a second day with bulls continuing to buy the dips. Yesterday markets had closed in the green with the Federal Reserve’s decision on continuing stimulus till later. China Evergrande Group’s debt concerns also started to die down.  All major indices in the […]
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Reliance Jio adds 65 lakh subscribers in July, Vodafone Idea loses 14 lakh Reliance Jio Infocomm added 65.1 lakh wireless subscribers in July 2021, taking its gross user base to 44.32 crore. Bharti Airtel gained 19.4 lakh subscribers, while Vodafone Idea (Vi) lost 14.3 lakh subscribers in July. Jio consolidated its leadership in rural India […]
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Zee Entertainment announces merger with Sony Pictures Networks India The Board of Directors of Zee Entertainment Enterprises Ltd (ZEEL) has given in-principal approval for the company’s merger with Sony Pictures Network India. Both companies have entered into a non-binding term sheet to combine linear networks, digital assets, production operations, and program libraries. The merged entity […]
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U.S. Markets Bounce Back from Worst Fall Since May Equities in the U.S. market followed the bounce back of European indices, giving a rebound after yesterday’s fall. S&P 500 and NASDAQ 100 trained in the green, showing improvement from this week’s China Evergrande issue. Dip buyers took advantage of the situation. Stoxx Europe is up […]
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Adani Group to invest $20 billion in renewable energy The Adani Group has announced plans to invest $20 billion (~Rs 1.47 lakh crore) over the next 10 years in renewable energy generation and component manufacturing. It also aims to produce the world’s cheapest green electron. Over 75% of the group’s planned capital expenditure (capex) until […]

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