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Big Movers on D-St: What should investors do with KEI Industries, Ipca Laboratories and GSFC?

Big Movers on D-St: What should investors do with KEI Industries, Ipca Laboratories and GSFC?

The Indian market closed higher on Wednesday, with S&P BSE Sensex up over 150 points and Nifty50 above 17800 levels. The buying was seen in realty, capital goods, telecom, and power sectors but selling was visible in metals, oil & gas, energy, and healthcare sectors. KEI Industries stock surged up to 5.78% intraday and GSFC shares gained over 20%, while IPCA Laboratories stock fell more than 5% following investors' negative reaction to the company's purchase of a 33% share in Unichem Laboratories. Equity Research, CapitalVia Global Research recommends avoiding the latter stock and buying KEI...

The Economic Times -

Adani Group plans to raise about $800 mn for new green energy projects, says report

The Adani Group is in discussions with global banks including Sumitomo Mitsui Banking Corp., DBS Bank Ltd., Mitsubishi UFJ Financial Group. and Standard Chartered Plc for the fundraise.

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Succession, Game of Thrones on JioCinema! Viacom18 and Warner Bros. Discovery announce multi-year deal for content

The deal includes current and future seasons of HBO’s globally acclaimed series such as House of The Dragon, The Last of Us, Succession and The White Lotus, and returning seasons of True Detective: Night Country, Euphoria, Winning Time: The Rise of the Lakers Dynasty and Perry Mason.

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After Hema Malini, Sara Ali Khan travels in Mumbai Metro; watch video

"Mumbai meri jaan... Didn't think I would be in Mumbai metro before you guys," she captioned the post, tagging her 'Metro In Dino' co-star Aditya Roy Kapoor and director Anurag Basu.

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Is there a risk to privacy while using Aadhaar everywhere? Infosys' Nandan Nilekani has the answer

Nandan Nilenkani emphasised that there is no central storage hub for all the data related to the places and transactions where one discloses their Aadhaar number.

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This company is gifting Apple iPad to its employees as it crosses $1 bn revenue milestone 

Coforge had 21,815 billable employees as of March 31 this year, excluding sales and marketing personnel and others. 

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Sudan crisis: 'All of you will reach home safely,' Indian Defence Attache assures returnees in video

Indians stuck in Sudan are being evacuated from the strife-torn African nation via Saudi Arabia under Operation Kaveri launched by the Centre government. 

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Covid-19 update: India logs over 9,300 new Covid cases in last 24 hours

The active tally in the country currently stands at 57,410

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'50 kgs IED, no road-opening patrol': How Chhattisgarh DRG jawans came under Maoists' attack

The Naxal ambush on Wednesday has highlighted what is seen as the last major challenge - foiling Improvised Explosive Devices (IEDs) attacks in the forested tri-junction of the Bastar region in south Chhattisgarh - faced by security forces to completely stamp out Left Wing Extremism (LWE) violence in the state.

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Hinduja Group sole bidder for Reliance Capital with Rs 9,650 crore bid: Report

Meanwhile, Torrent Investments and Oaktree Capital, who had earlier indicated that they would participate in the process, did not submit any bids.

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First Republic plumbs new lows, options dwindle

In a brutal sell-off, the bank's market capitalization briefly sank as much as 41% to about $888 million and the first time under $1 billion, a far cry from its peak of more than $40 billion in November 2021.

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Samsung flags H2 recovery after record chip loss in Q1

A global downturn in semiconductor purchases amid an economic slowdown and weak customer spending sent chip prices plummeting in the first quarter, triggering production cuts across the sector.

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BT Mindrush 2023: N Chandrasekaran is 'Business Icon of the Year', Nandan Nilekani wins Lifetime Achievement award

Chief Guest and Union Minister for Civil Aviation and Steel, Jyotiraditya Scindia, honoured the two stalwarts of India Inc at the event

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Starting with Delhi airport, Scindia reiterates govt roadmap to reclaiming India’s position as global aviation hub

The civil aviation minister says that he eventually wishes to develop multiple such hubs as the country’s aviation sector offered a huge growth potential

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UDAN scheme made multiple routes go sustainable, says civil aviation minister Jyotiraditya Scindia

In the last six years, 463 routes that were never thought to be feasible have been made possible through the UDAN scheme, minister Scindia said at BT Mindrush 2023.

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'Do something': When N Chandrasekaran's wife complained to him about no Tata cars on road

BT Mindrush 2023: Speaking about the transformation of Tata Motors, Chandrasekaran said that the teams work hard and if they succeed it leads to more energy, innovation and aspiration.

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Tata Son chairman N Chandrasekaran on Air India: Give us time to develop a world-beating product

These days he receives on average up to five messages on Air India via email and WhatsApp from people who either wish to work with the airline or want to share their inflight experience.

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BT Mindrush: AI needs right guardrails to balance innovation and regulation, says Infosys co-founder Nandan Nilekani

Speaking at the BT Mindrush conference, Nilekani noted that India has been successful in striking a balance between innovation and regulation in the past and believes the same can be achieved for AI, which is expected to have a massive user base in the country.

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BT Mindrush: Tata's Chairman N Chandrasekaran reveals company's semiconductor manufacturing plans

As the company plans to invest $90 billion in setting up ATMP and semiconductor fab, Chandrasekaran shared that the company will do entire vertical integration.

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BT MindRush 2023: Tata Group expected to grow 20% YoY, don't see a slowdown, says N Chandrasekaran

Speaking at the BT MindRush 2023, Chandrasekaran said that looking at the diverse sectors, from steel, automobiles to consumers that Tata Group is invested in, demand factor is very strong.

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'AI will be a disruptor': Tata Chairman N Chandrasekaran calls for regulatory framework on artificial intelligence

"AI has got a huge regulatory issue because different governments have started reacting differently. We have got to take the lead and come out with some kind of a regulatory framework," he said.

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'Every Tata Group company has to do AI transition,' says Chairman N Chandrasekaran

BT Mindrush: Every company has to do the AI transition, whether it's B2B or B2C, says N Chandrasekaran

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BT Mindrush 2023: No slowdown in home loan demands, says SBI's Dinesh Kumar Khara

Since May 2022, the central bank has increased the rate by 250 bps over inflation concerns. This has resulted in a hike in lending rates by most banks as they use the repo rate as an external benchmark to link their floating-rate home loans.

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"One one level AI is scary, on other its exciting" says Infosys co-founder Nandan Nilekani

Nandan Nilekani, the co-founder of Infosys, expressed his views about Artificial Intelligence while speaking at the BT Mindrush event.

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Watch: Anand Mahindra shares 'hauntingly beautiful' AI-generated video of a little girl ageing

The chairperson of Mahindra and Mahindra, took to Twitter, to share a clip showcasing different phases of a girl's ageing, starting from the age of 5 to 95. He said that he wouldn't fear the power of AI so much if it can create something so hauntingly beautiful.

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