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Persistent Systems approved plans to raise up to $1.25 billion through debt and up to $450 million via equity-linked instruments, subject to approvals. The IT firm reported strong bookings and revenue growth in Q1, though profit declined due to forex losses. Shares have gained 21% over six months.
In 1996, a young TV reporter bought an abandoned 1830s lighthouse after it failed to sell at auction; he turned its 110-foot tower into an eight-storey home
Shares of Power Grid experienced an uptick after the company secured an important transmission project aimed at facilitating power evacuation from Rajasthan. This endeavor will incorporate the establishment of HVDC terminals and a long-distance transmission line. Power Grid’s successful bid for this vital project reflects its strategic growth, amidst varying stock performance observed in recent…
A man received a misdiagnosis for two years before a correct diagnosis was made. A new treatment combining endoscopic surgery and cultured cells was then administered. This innovative approach aims to prevent scar tissue regrowth and reduce recurrence rates. The procedure offers the benefits of open surgery with a quicker recovery period. This advanced technique…
Indian stock markets opened higher on Thursday, with key indices showing gains. The Sensex rose nearly 155 points, reaching 76,725 on its weekly expiry day. Nifty 50 also gained over 83 points, beginning the session near 23,998. Broader markets followed suit, with midcap and smallcap indices experiencing upward movement. This positive start occurred after a…
Good healthbegins on our plates.
Despite foreign investors infusing billions into Indian equities, benchmark indices struggle to keep pace. Inflows in the primary market are notable but fail to directly uplift listed stocks. Selective purchases are occurring in large mid-cap stocks while financials and IT remain ignored. Domestic investors are a crucial pillar for market resilience, necessitating consistent secondary market…
Lumino Industries IPO Live Updates | Lumino Industries shares to debut today; GMP signals 45%, suggesting strong listing buzz
Indian Markets Open Higher as Rupee Strengthens and Gold Surges
U.S. Defense Secretary Pete Hegseth had blocked Anthropic from certain military contracts because the company refused to allow the U.S. to use its Claude AI models for domestic surveillance or autonomous weapons. Anthropic sued in California court.