Tech giants Google and Amazon are reaping substantial paper profits from their AI investments in Anthropic, with Alphabet’s Q3 earnings surging by $10.7 billion and Amazon seeing a $9.5 billion gain.
The Nifty is still in a buy-the-dip market, with two uncertain candle patterns at the top of the current advance. The market is keeping everyone guessing, but the bulls are refusing to let go.
Epsilon Carbon, India’s largest coal tar pitch manufacturer, has signed a $20 million MoU with Aluminium Bahrain to explore long-term supply arrangements and aims to go public by 2027.
Get the latest updates on India’s tech landscape, including Starlink’s India plans, Cognizant’s potential IPO, Skyroot’s rocket launch, and Boat’s market debut.
The NSE Nifty 50 snapped its four-week winning streak on Friday, showing signs of exhaustion. Analysts predict a potential correction in the upcoming month.
A total of 33 stocks, including Coal India, Happiest Minds Technologies Ltd, Mazagon Dock Shipbuilders Ltd, Dabur India, RailTel Corporation, Hindustan Unilever Ltd, and Dr. Lal PathLabs Ltd, will trade ex-dividend in the coming week. Check the record dates to ensure eligibility for dividend payouts.
Epsilon Carbon signs a $20 million pact with Aluminium Bahrain to supply coal tar pitch, aims for an initial public offering by 2027-end, and plans to increase production capacity to meet growing demand.
Gold prices are likely to see consolidation for the third straight week as traders focus on key macroeconomic indicators and policy developments, including the US Supreme Court’s tariff hearing on Nov. 5.
Akasa Air is set to expand its international operations, with plans to launch flights to Kenya, Egypt, and other East African countries. The airline’s CEO, Vinay Dube, confirmed that Boeing aircraft are capable of reaching these destinations.
McDonald’s has introduced a millet bun burger in India, a move welcomed by the government as a ‘vindication’ of Prime Minister Narendra Modi’s ‘Millet movement’, promoting Indian innovation and traditional nutrition.