Crypto Miners Riding The AI Wave Are Leaving Bitcoin Behind Shares of the large-scale computing outfits that make Bitcoin work are once again outperforming the original cryptocurrency, as more pivot to hybrid models built around artificial intelligence and high-performance computing. Long-ago dubbed miners because of the perceived similarities to the mining of traditional commodities such […]

Dividend Stocks This Week: IRFC, Tech Mahindra, Waaree Energies And More — Check Record Dates Indian Railway Finance Corporation Ltd. (IRFC), Tech Mahindra Ltd. and Waaree Energies Ltd. are among the key stocks that will trade ex-dividend this week. Investors eyeing dividend payouts must track these dates closely to ensure eligibility. To receive the dividend,

Muhurat Trading 2024: A Symbolic yet Significant Trading Session As the festival season began, stock market participants have grown eager for the National Stock Exchange and BSE Ltd.’s annual special trading session, Muhurat Trading. This year, however, there is confusion as Diwali falls on Monday, but the exchanges are set to conduct the one-hour special

Festive Binge: Swiggy, Magicpin See Spike In Food Delivery Orders As India revels in the spirit of the festive season, food delivery platforms Swiggy and magicpin have reported a massive surge in orders, highlighting how culinary cravings are now central to the country’s celebrations. Anshoo Sharma, CEO & Co-founder of magicpin, India’s third-largest food delivery

Meesho IPO: A New Chapter for the Softbank-Backed E-Retailer Meesho, one of India’s leading e-commerce companies, has taken a significant step towards going public by filing updated draft IPO papers with the market regulator SEBI. The proposed initial public offering (IPO) aims to raise Rs 4,250 crore through a combination of fresh equity issuance and

Calcutta Stock Exchange: A Legacy Comes to an End The Calcutta Stock Exchange, one of India’s oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. A Brief History of

Corporate Actions This Week: IRFC, Tech Mahindra To Trade Ex-Dividend, And Covidh Technologies To Issue Rights The festive week ahead will have some prominent companies giving away their dividends and trading ex-dividends. The week is less busy compared to other weeks. IRFC, Tech Mahindra, and Waaree Energies to Trade Ex-Dividend In the upcoming week, Indian

Nvidia’s Market Share in China Drops to Zero: A Result of US Trade Restrictions The ongoing trade war between the United States and China has had a significant impact on many US companies, including Nvidia. The company’s co-founder and CEO, Jensen Huang, recently admitted that Nvidia’s market share in the advanced AI chip segment in

FPIs Reverse Three-Month Trend To Buy Rs 6,480 Crore Into Indian Equities In October In what could be a major sentiment booster for Indian markets, foreign portfolio investors have turned buyers with a Rs 6,480 crore investment in the month of October, thus reversing a three-month selling trade. Indeed, FPIs net sold Rs 23,885 crore

Gold and Silver Prices in India Witness Sharp Correction After Dhanteras After an unprecedented rally, gold and silver prices in India witnessed a sharp correction after the end of Dhanteras, as profit booking and easing global outlook pulled rates back from the recent record highs. Gold Prices Touch Unprecedented Levels During Dhanteras Gold prices, after