After incurring a loss of 2 percent in intraday trade, shares of private sector lender Kotak Mahindra Bank rebounded to end the day with a nominal gain of 0.46 percent, a day after the bank registered a 23.62 percent year-on-year (YoY) growth in Q3FY20 profit at Rs 1,595.9 crore. … [Read more...] about Taking stock | Market extends losses as IMF’s forecast weigh on sentiment
D street buzz
Gold prices stuck in tight range in low-trade volumes
Silver edged higher by 0.1% to $18.02 per ounce, while platinum rose 0.5% to $1,023.22.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Gold prices stuck in tight range in low-trade volumes
In The News podcast | Zomato buys Uber Eats; Cryptocurrency not banned in India; IMF sides with Bezos’ investment push and more
Budget 2020 podcast | What D-Street is expecting from FM Nirmala Sitharaman Simply Save podcast | A company’s CEO is the custodian of share capital, says PineBridge's Huzaifa Husain Taking stock | Market extends losses as IMF's forecast weigh on sentiment … [Read more...] about In The News podcast | Zomato buys Uber Eats; Cryptocurrency not banned in India; IMF sides with Bezos’ investment push and more
Inside the $10 million cyber lab trying to break Apple’s iPhone
Vance has been at war with Silicon Valley since September 2014, when Apple introduced iOS8. He’s met with Interpol and Europol, published op-eds in newspapers across the country, and written letters to Apple CEO Tim Cook and Google cofounders Sergey Brin and Larry Page, imploring them to help solve the problem. He has yet to have meetings with the leaders of these companies but he’s hopeful he will. “The single most important criminal justice challenge in the last 10 years is, in my opinion, the use of mobile devices by bad actors to plan, execute, and communicate about crimes,” he testified before the Senate Judiciary Committee in December. “Just as ordinary citizens rely on digital communication, so do people involved in terrorism, cyber fraud, murder, rape, robbery, and child sexual assault.” … [Read more...] about Inside the $10 million cyber lab trying to break Apple’s iPhone
In Jet Airways’ absence, Air India does its best in 5 years. But guess who gained the most?
The biggest gainerEach of Jet Airways’ private peers -- IndiGo, GoAir, SpiceJet, Vistara and AirAsia -- benefited from its absence.GoAir’s market share grew to 10.6 percent in 2019 from 9 percent year-on-year. SpiceJet’s share too increased to 14.9 percent a year later from 12.3 percent in 2018. … [Read more...] about In Jet Airways’ absence, Air India does its best in 5 years. But guess who gained the most?
