European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of Eurozone services activity data. At 03:50 ET (08:50 GMT), the DAX index in Germany traded 0.9% higher, the CAC 40 in France climbed 0.6% and the FTSE 100 in the U.K. rose 0.4%. European equities […]
Tag: Companies
Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%
U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL) […]
Bharti Airtel to acquire Vodafone’s 4.7% stake in Indus Towers
Telecom operator Bharti Airtel Ltd said on Friday it agreed to buy Vodafone Group Plc’s 4.7% stake in India’s largest cell tower firm Indus Towers Ltd. Britain’s Vodafone said earlier this week it was looking to sell its entire 28.1% stake in Indus Towers. Airtel said it has agreed with Vodafone to buy 4.7% equity interest in Indus Towers on the principal […]
Amazon surges with record $190 billion gain in value, shares jump 13.5%
A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report, expanding its market capitalization by around $190 billion by […]
AGS Transact Technologies, the first IPO of 2022, slumps on debut
Shares of AGS Transact Technologies, a payment solutions provider, dropped more than 8 per cent over their issue price on Monday. The company’s IPO, first for calendar 2022, had garnered 8 times subscription. Its shares ended at Rs 161.3, down Rs 14.7, or 8.4 per cent, over IPO price of Rs 176. Its stock touched a high of […]
Close to 3 million people in India acquired digital skills during COVID-19: Microsoft
By Administrator_India Capital Sands Microsoft Corp on Tuesday said it has helped over 30 million people across 249 countries and territories gain access to digital skills, including close to 3 million people from India. This number is higher than the initial goal of 25 million that was announced by the tech giant in June last […]
Pfizer’s COVID-19 vaccine gets US panel’s approval for emergency use
By Administrator_India Capital Sands A committee comprising outside advisers to the United States Food and Drug Administration (FDA), on December 10, voted overwhelmingly to endorse emergency use of Pfizer’s COVID-19 vaccine candidate. This paves the way for the FDA to grant authorisation for the vaccine to be given to the general public in the US. […]
After NCR, DLF to delve into Mumbai, Chennai residential-property markets
By Administrator_India Capital Sands DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt. […]
BigBasket faces potential data breach; details of 20 mn users put on sale
By Administrator_ India Capital Sands Online grocery platform BigBasket has become the latest target of cyberattack in India. The company has faced a potential data breach with the information of over 20 million customers on the darkweb for sale, according to US-based cybersecurity intelligence firm Cyble. The data, being sold for $40,000, includes the full names, email IDs, password […]