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Ramp-up of deals won in earlier quarters and increased spending intensity on new technologies are set to accelerate revenue growth rates from Moneycontrol Latest News https://ift.tt/3w7Y1gd

Stocks that were in focus include the Central Bank of India which closed with gains of over 8 percent, IOB rose nearly 9 percent, and PNC Infratech closed with gains of 11 percent on Wednesday. from Moneycontrol Latest News https://ift.tt/3jt2Xtd

According to the IMD, a ‘severe heat wave’ is declared if the upward change from the normal temperature is more than 6.5 degrees Celsius. from Moneycontrol Latest News https://www.moneycontrol.com/news/weather/monsoon-update-|-severe-heat-wave-sweeps-delhi-rainfall-stillweek-away_15245901.html

More than 6,000 user reports indicated issues with Twitter, about 93% of those being related to its website, according to Downdetector. Twitter did not immediately respond to a Reuters request for comment after business hours. from Moneycontrol Latest News https://ift.tt/2TfbDZL

Check out the companies making the biggest headlines before the opening bell. from Moneycontrol Latest News https://ift.tt/3hrM93l

Krishnamoorthi applauded the passage of the resolution, which he co-sponsored, recognising the devastating impact of COVID-19 in India. from Moneycontrol Latest News https://ift.tt/3yaMhuS

No moderate case of COVID-19 disease was observed in the vaccine arm post administration of the third dose suggesting 100% efficacy for moderate disease. No severe cases or deaths due to COVID-19 occurred in the vaccine arm after administration of the second dose of the vaccine. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/zydus’-covid-19-vaccine-shows-666-efficacyphase-3-interim-analysis-company-files-for-emergency-use_15245821.html

Policybazaar is planning to file its draft documents to go public in July, a key step in a historic internet IPO. It is seeking a valuation of $4-5 billion, more than previously reported, and a result of investor excitement. The Yashish Dahiya-led insurance marketplace also got a brokerage licence recently, expanding its horizons. from Moneycontrol Latest News https://ift.tt/3y8jlna

“The new media tools that have an enormous amplifying ability are incapable of distinguishing between right and wrong, good and bad and the real and fake. Therefore, media trials cannot be a guiding factor in deciding cases," the CJI said, adding it is also imperative to start a discourse as to how social media trends can affect the institutions. from Moneycontrol Latest News https://ift.tt/3AgrAzy

In Delhi, a litre of petrol costs Rs 98.81, while diesel retails for Rs 89.18 per litre. from Moneycontrol Latest News https://ift.tt/3jsku4Z

Trends on SGX Nifty indicate a cautious opening for the index in India. The Nifty futures were trading at 15,747 on the Singaporean Exchange. from Moneycontrol Latest News https://ift.tt/3qA1RgY

Lottery Sambad Result: The first prize winner will take home Rs 50 lakh from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/lottery-sambad-result-july-1-‘dear-bangabhumi-bhagirathi’-lottery-winners-to-be-announced-at-4-pm_15245681.html

What kind of communism allows the means of production to be privately owned? What communist government will tolerate such a huge rise in inequality? And the Third Plenum of the CPC in 2013 had said that market forces would play ‘a decisive role’. Communism, really? from Moneycontrol Latest News https://ift.tt/2TrJ7E2

A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/3qC0NZX

Around 30 aircraft formed a "100" as crowds cheered under the gaze of the nation#39;s leaders, including President Xi Jinping, seated at the southern ramparts of the Forbidden City. from Moneycontrol Latest News https://ift.tt/2UgLPfX

World Bank President David Malpass said the global development bank had already provided more than $4 billion to 51 developing countries for the purchase and deployment of COVID-19 vaccines, and would add billions for 25 more countries soon. from Moneycontrol Latest News https://ift.tt/2UjKd5a

Service-sector sentiment also turned positive for the first time in five quarters, the Bank of Japan#39;s (BOJ) "Tankan" survey showed, indicating that the economic recovery was broadening even as Japan struggles to contain a fresh wave of coronavirus infections. from Moneycontrol Latest News https://ift.tt/3Ag3MLU

In the last session of 2021#39;s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower. from Moneycontrol Latest News https://ift.tt/3hljmgF

We do not think the domestic economy-related stocks will materially outperform as the second lockdown was very methodical with select sectors like travel, tourism, restaurants, and consumers were severely impacted, says Shah. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-third-covid-wave-biggest-test-for-indian-market-says-amit-shahbnp-paribas_15245581.html

For the full year, it has booked a profit of Rs 4,416.13 crore, up 38.34 percent from Rs 3,192.06 crore in FY20, as its revenue from operations rose 17.5 percent to Rs 15,770.47 crore from Rs 13,421.09 crore in FY20. from Moneycontrol Latest News https://ift.tt/3AeMRJE

NBCC closed a net profit of Rs 236.24 crore in the last fiscal year as against Rs 99.86 crore in 2019-20. from Moneycontrol Latest News https://ift.tt/3yek9Hh

For the full 2020-21 financial year, Omaxe has clocked a net loss of Rs 233.93 crore as against a net loss of Rs 97.33 crore in the previous year. from Moneycontrol Latest News https://ift.tt/3AaqbKR

Coffee Day Enterprises said COVID-19 is "significantly" impacting the business operations of the group by way of interruption of supply chain, closure of hospitality service and travel ban during the lockdown. from Moneycontrol Latest News https://ift.tt/3w8z1VW

ICICI Direct, The rupee has been trading in a tight range for a couple of sessions. from Moneycontrol Latest News https://ift.tt/360Q01R

The fiscal sops doled out are also too paltry to make a difference from Moneycontrol Latest News https://www.moneycontrol.com/news/business/not-just-fiscal-reliefblendmany-ingredients-needed-to-spicehotel-sector _15242061.html

Euro 2020: Ukraine squeezed through to the last 16 despite taking just three points in the group stage, qualifying in part because Sweden beat Poland to top Group E ahead of Spain. from Moneycontrol Latest News https://www.moneycontrol.com/news/sports/in-pics|-euro-2020-ukraine-snatch-extra-time-win-over-sweden-to-advance-to-quarters_15242021.html

So far, the recovery has been surprisingly strong. ‘The craving for normality has prevailed’, says the BIS Annual Economic Report  from Moneycontrol Latest News https://www.moneycontrol.com/news/economy/bis-builds-three-scenarios-forglobal-economy _15241981.html

The Bengaluru-based company will use the capital to expand its teams in India and the United States and to invest in partnerships to fuel international expansion. from Moneycontrol Latest News https://ift.tt/2Tk1NFU

Options must be explored to make these export enclaves play a meaningful role in job creation and economic progress  from Moneycontrol Latest News https://www.moneycontrol.com/news/business/high-time-to-reinvent-sezs _15241941.html

The chip supply crunch has hammered other manufacturing powerhouses in Asia. Industrial output in Japan and South Korea slumped in May from the previous month as auto production declined due to semiconductor shortages, adding to concerns of flagging momentum in their respective economies. from Moneycontrol Latest News https://ift.tt/3jFTU8H

Euro 2020: England ended their 45-year curse of being beaten by Germany in the knockout stages of major tournaments to advance to the quarterfinals from Moneycontrol Latest News https://www.moneycontrol.com/news/sports/in-pics-|-euro-2020-raheem-sterling-harry-kane-take-england-into-qf-end-germany-curse_15241921.html

Brazilian federal prosecutors have also opened an investigation into the deal, citing comparatively high prices, quick talks and pending regulatory approvals as red flags. from Moneycontrol Latest News https://ift.tt/3dszDiP

Monsoon Update | Westerly winds have been blocking easterlies#39; advance into Delhi and parts of north India from Moneycontrol Latest News https://www.moneycontrol.com/news/weather/monsoon-update-|-rainfall-reaches-oneits-last-outpostsrajasthan-two-weeks-early-eludes-delhi_15241881.html

Trends on SGX Nifty indicate a positive opening for the index in India with a 28 points gain. from Moneycontrol Latest News https://ift.tt/3x8SiI6

A round-up of the biggest articles from newspapers from Moneycontrol Latest News https://ift.tt/3dteMMm

Check out the companies making the biggest headlines before the opening bell. from Moneycontrol Latest News https://ift.tt/3jwE7J1

In Mumbai, a litre of petrol cost Rs 104.90 while diesel priced at Rs 96.72. from Moneycontrol Latest News https://ift.tt/2TkfxAr

More than 190 countries have signed the Paris agreement designed to limit global warming to 1.5 degrees Celsius, but even with pledges of big reductions in emissions many scientists believe removal technologies will be needed to meet the goal. from Moneycontrol Latest News https://ift.tt/3hePenc

The tax cut could make palm oil more attractive than rival soyoil and sunflower oil for Indian refiners and boost imports of the tropical oil in the next three months, supporting benchmark Malaysian prices. from Moneycontrol Latest News https://ift.tt/3jsk7av

The withdrawal of troops and equipment from Afghanistan would not include forces that will remain to protect diplomats at the U.S. embassy and potentially assist securing Kabul airport. from Moneycontrol Latest News https://ift.tt/3w6sonl

The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media reported, without giving details on when and how the airline would be created. from Moneycontrol Latest News https://ift.tt/361HSOK

Brent crude was 42 cents, or 0.6% at $75.16 a barrel by 0122 GMT, after edging higher on Tuesday. U.S. crude was up 53 cents, or 0.7% at $73.51 a barrel, having risen 0.1% in the previous session. from Moneycontrol Latest News https://ift.tt/3h55dW3

Generally, retail investors give a greater weightage to small and midcaps compared to institutional investors who typically have greater exposure to larger companies, says Krishnan. from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-earnings-cycleindia-bottomed-balance-sheetindia-incbest-shape-now-says-harish-krishnankotak-amc_15241681.html

Here#39;s what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading today from Moneycontrol Latest News https://ift.tt/3drO2fk

In the upcoming sessions, any sharp gains in the market may remain capped as long as Nifty trades below 15,900, said Shitij Gandhi of SMC Global Securities from Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-here39why-alkem-laboratories-ajanta-pharmalt-infotechshort-term-buys_15241641.html

Coronavirus News LIVE Updates: A net decline of 20,335 cases has been recorded in the COVID-19 caseload in a span of 24 hours. Also, 17,68,008 tests were conducted on Monday taking the total cumulative tests conducted so far for detection of COVID-19 in the country to 40,81,39,287, while the daily positivity rate has declined to 2.12 percent from Moneycontrol Latest News https://ift.tt/3heNs5w

An outbreak in NSW capital Sydney linked to the variant has grown to nearly 150 cases. Worries the strain could touch off major outbreaks have forced lockdowns in three major cities and some form of curbs in several others - affecting more than 20 million Australians, or about 80% of the population. from Moneycontrol Latest News https://ift.tt/3h4Unj0

Euro 2020: For the second match in a row, Spain scored five goals. The misfiring Alvaro Morata was on song this time as his team heads into the quarterfinals from Moneycontrol Latest News https://www.moneycontrol.com/news/sports/in-pics-|-euro-2020-spain-sink-croatia-5-3thriller-to-reach-quarterfinal_15238701.html

Monsoon Update: Earlier, the weather department had forecast that the wind system might reach Delhi by June 15. from Moneycontrol Latest News https://www.moneycontrol.com/news/weather/monsoon-update-|-conditionsnorth-india-unfavourable-for-monsoon-for-another-week-imd_15238681.html

Giving details of the incident, a police spokesman said Abrar -- a top commander of LeT involved in many killings -- was arrested during checking of vehicles at Parimpora on Monday and put on sustained interrogation. from Moneycontrol Latest News https://ift.tt/3jC66Y3