Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street. The broader US tech rout added to the […]
Stocks dropped and precious metals deepened their losses on Monday, underscoring the fragile sentiment in markets after a choppy end to the week on Wall Street. The yen weakened. Asian shares fell 0.5% and Nasdaq 100 Index futures tumbled as much as 1%. The dollar strengthened against most of its Group-of-10 peers, especially against the […]
Shares of NALCO, Hindustan Copper and Vedanta led a sharp sell-off in metal stocks on Sunday after gold, silver and copper prices slumped, with Hindustan Copper sliding as much as 19% as a stronger U.S. dollar and profit-taking after a recent rally rattled commodity markets following U.S. President Donald Trump’s nomination of Kevin Warsh as […]
Zedge, Inc. (NYSEAMERICAN:ZDGE) is included among the 13 Companies that Just Started Paying Dividends. From Buybacks to Dividends: Zedge (ZDGE) Deepens Shareholder Focus On October 14, Zedge, Inc. (NYSEAMERICAN:ZDGE) said its Board of Directors approved the launch of a quarterly cash dividend, adding a new layer to the company’s capital return plans. The decision is aimed […]
India’s stock market was lower at the opening bell today, after a bruising selloff in the previous session, tracking global peers convulsed by US President Donald Trump’s tantrums on Greenland. The Bombay Stock Exchange building in Mumbai. (Reuters) The 30-share S&P BSE Sensex fell as much as half a percent while the wider Nifty 50 […]
IKEA, the Swedish home furnishings retailer, has announced its entry into Goa through online deliveries. Starting December 16, customers can shop from a range of over 6,400 products via the IKEA app, the IKEA.in website, or shop-by-phone assistance, the company said on December 15. IKEA, has announced its entry into Goa through online deliveries (Photo […]
Nvidia Corp. has decided to make a billion-dollar investment in Nokia Oyj, as the world’s most-valued company looks to spread its AI net far and wide. Nvidia CEO Jensen Huang. (AFP) The Finnish telecom hardware maker will issue 166,389,351 new shares to the American AI chipmaker for $6.01 apiece, according to a statement on Tuesday […]