Morsa Images Investment overview I give a buy rating for RingCentral (NYSE:RNG) as I believe the valuation is too cheap, which does not price in the improvements that RNG has demonstrated over the past few years. While growth has indeed slowed, I expect it to recover once the macro conditions get better. The strong secular…
June 21, 2024June 21, 2024 Venture capital firm General Catalyst, based in Silicon Valley in the United States, has made a significant move to expand its presence in the Indian startup ecosystem by acquiring New Delhi-based early-stage investor Venture Highway. The acquisition is part of General Catalyst’s strategic plan…
Shares of United Spirits Ltd. traded at Rs 1269.05 on BSE at 01:28PM (IST) on Friday, up 0.29 per cent from previous close. The scrip quoted a 52-week low price of Rs 878.5 and a high of Rs 1334.05. Earlier, the stock saw a gap up opening in the morning. A total of 3,673 lakh…
June 21, 2024June 21, 2024 The share price of Tata Consultancy Limited rose by 2.39% on June 21, after it filed a press release which stated that Xerox signed a deal with TCS to transform its IT Technology using Cloud and GenAI. This press release highlights the recent agreement…
June 21, 2024June 21, 2024 In the early hours of Friday, crude oil futures took a slight dip due to concerns over potential interest rate hikes in key markets in Asia and the United States, despite a decrease in U.S. oil inventories. The Brent futures for August delivery dropped…
June 21, 2024June 21, 2024 GE Power India limited’s shares saw a 52-week high of Rs 429 in its stock price with a significant increase of over 9% on June 21, following the company’s announcement of securing a Letter of Intent (LoI), as per the…
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June 21, 2024June 21, 2024 In the world of monetary policy, two interest rates play important roles: the REPO Rate and the Reverse REPO Rate in India. These rates, set by the central bank, significantly impact the functioning of financial markets and the overall economy. Let’s dive into their…
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TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Friday that the group’s mission was to help in humanity’s progress by realising artificial super intelligence, which he said would exceed human capabilities by a factor of 10,000. “SoftBank (TYO:) Group has done many things until now that have all been a warm up for my…