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Best Investment Advisor in India, Business, FII based calls, Investment adviser, IT Industry, Latest News, Uncategorized

Largest ever loss of value in 1 day for a US company: Facebook shares plunge 20% wiping out over $120 bn in mcap

Facebook Inc. Facebook Inc. plunged as much as 20 percent Thursday after the social-media company showed signs of slowing growth following months of scandal and criticism that delivered a suckerpunch to earnings. The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and

Confidence motion modi
Business, Latest News, Politics, Uncategorized

No-Confidence Motion How foreign media reported PM Modi’s first trust test in Parliament

No-Confidence Motion PM Narendra Modi-led Union government on Friday smoothly sailed through the no-confidence motion brought by Telugu Desham Party to protest against the denial of Special Category tag to Andhra Pradesh. The no-confidence motion was put to vote after a marathon 12 hours debate. While 325 MPs exercised their franchise in favour of the BJP-led NDA

Infosys
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Infosys approves 1:1 bonus issue to celebrate 25 years of stock market listing; check details

Infosys 1:1 bonus issue: India’s second-largest IT company approved bonus issue of equity shares to celebrate 25 years of stock market listing. Infosys announcing the financial results for the quarter ended 30 June 2018. “The board considered, approved and recommended bonus issue of one equity share for every equity share held,” Infosys said in an exchange

Top five IT players expected to post-1.1-4.1% cc revenue growth
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Top five IT players expected to post-1.1-4.1% cc revenue growth

We estimate the top-5 IT players — Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies (HCLT) and Tech Mahindra (TECHM) — to clock -1.1-4.1% q-o-q constant currency revenue growth in Q1FY19. During the quarter, EUR, GBP and AUD depreciated versus USD q-o-q, which is likely to impact revenue growth by 90-140bps. We expect margins to fall marginally as wage

US Stocks
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US jobs growth lifts Wall Street, Us Stocks Climbed offsetting tariffs

US stocks US stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong US jobs growth blunted the impact of an escalating US-China trade dispute. Nonfarm payrolls Nonfarm payrolls increased by 213,000 jobs last month. US Labor Department said, topping expectations of 195,000, while unemployment

sensex, nifty
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Share Market Today: Sensex adds 83 points, Nifty ends above 10,750 as RIL gains 1%; auto stocks rally

Indian share markets ended slightly higher after trading unfazed after on Friday, 6 July 2018. even as most of the Asian stock markets ended in red following the United States’ $34 billion trade tariffs on Chinese imports. The US-China trade war, heating over since late-March this year. is likely to trigger another panicky among the

Petrol, Diesel
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Petrol, diesel prices raised for second day in a row; check latest fuel rates in Delhi, Mumbai

Petrol, diesel prices: The prices of petrol and diesel were raised for the second straight day by the oil marketing companies on Friday. The fuel rates were hiked in the range of 14 to 15 paise. The petrol is now priced at Rs 75.85 per litre in Delhi. In Mumbai, Kolkata and Chennai, petrol is

Infosys
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Indian Equity Market Ended Lower

Indian Equity Market Shares of India’s second-largest IT company Infosys witnessed a massive selling pressure leading to a plunge of more than 4% in Infosys share price on Thursday, following which the company lost over Rs 13,000 crore from the market capitalisation. Unusually high trading volumes were seen in Infosys shares as more than 85 lakh equity

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Reliance Industries AGM 2018

Reliance Industries AGM 2018 Billionaire Mukesh Ambani announced the launch of JioGiga TV, JioPhone 2 and JioGigaFiber from August 15th, and said that three popular apps Youtube, Whatsapp and Facebook will be available on the JioPhone. JioPhone 2 will be available at an introductory price of Rs 2,999.  In the hour long meeting, nearly 50 minutes were spent on