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Persistent Systems has entered into an Agreement with Data Glove IT Solutions (Data Glove India) on 10 February 2022 to acquire its assets. Along with this transaction, the Company, through its wholly owned and step-down subsidiaries will acquire the assets of Data Glove Inc., USA and its affiliate entities based out of Australia, UK, Canada and Singapore. Persistent, through its German subsidiary will also acquire […]

The key equity indices traded with modest gains in early trade on buying demand in index pivotals. The Nifty hovered above the 17,500 mark. Investors are awaiting the outcome of the RBI meeting. At 09:26 IST, the barometer index, the S&P BSE Sensex, was up 99.14 points or 0.17% to 58,565.11. The Nifty 50 index added 40 points or 0.23% to 17,503.80. ONGC (up 2.41%), […]

Jindal Steel & Power Ltd has added 10.88% over last one month compared to 8.55% gain in S&P BSE Metal index and 3.37% drop in the SENSEX

The IT company has entered into an agreement to acquire the business of Princeton, New Jersey-based Data Glove Inc.

The US stock market finished session higher for second straight session on Wednesday, 09 February 2022, as string of upbeat earnings reports and sign of easing tensions between the West and Russia over Ukraine lifted sentiment towards risk assets.. Market gains were, however, limited as traders were cautious ahead of US inflation data releasing tomorrow. Investors will watch consumer price data on Thursday for clues […]

Domestic industry is confronted with surging imports from China and Indonesia that witnessed an exponential jump.

Power Grid Corporation of India on Wednesday reported a 2.2% decline in consolidated net profit to Rs 3,292.97 crore in Q3 FY22 from Rs 3,367.7 crore posted in Q3 FY21.

The current market cap of the company is Rs23,623.13cr.

Revenue grew 24% sequentially and 36% yoy to Rs1,098.4cr in Q3FY22 led by growth in transacting customers and advertisement revenue.

There was however 8% YoY decline in PAT at Rs58.63cr in Q3FY22.