The BSE IT pack was trading in the negative on December 12 afternoon, as index majors such as Infosys, HCL Technologies and Wipro saw a drop in share prices. However, gains in the shares of Tata Consultancy Services (TCS), Mphasis and Tech Mahindra capped the losses for the index.Experts said the rupee's rise against the US dollar could be the reason for the weakness in the IT pack. The Indian currency traded at a month-high of 70.63 after opening higher by 15 paise at 70.69 per dollar against December 11 close of 70.84.Brokerages, however, are mostly positive on the IT pack for the long term.Close "Record deal-wins, sustained deal pipeline momentum and upbeat management commentaries on the demand side strengthen our conviction in the Indian IT’s solid earnings trajectory," said Edelweiss Securities. related news BPCL share price jumps 2% despite rating revision by Moody's, CRISIL Cadila Healthcare gains 4% on launch of … [Read more...] about Rising rupee pulls IT pack down, Infosys, HCL top drags
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Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
“Garbage time” is what happens in a blowout game when teams send in their second-string players. It’s also the name of former YouTube vlogger Katie Nolan’s weekly sports and pop-culture comedy show, which premiered in early 2015 and airs on cable channel Fox Sports 1. Though Garbage Time With Katie Nolan is shot in a closet-size New York studio, it’s gained outsize attention thanks to the outspoken Nolan, who’s the only woman to solo-host a national sports opinion show. advertisement advertisement Fast Company: Garbage Time breaks the format of traditional sports programming. Instead of doing commentary or news, you’re asking NFL star Odell Beckham Jr. to do dramatic readings from Mad Men or ranking the staleness of hockey-stadium pretzels. How did you develop that approach? Katie Nolan: We are a new show, and some weeks it’s not as much about who we want [to book as a guest], but who we can get. Maybe it’s not LeBron … [Read more...] about Thanks To Garbage Time’s Katie Nolan, Sexism In Sports Gets Some Overdue Trash Talk
The Indian National Lok Dal (INLD), a party founded by former deputy prime minister Devi Lal, split in 2018 after a bitter power struggle between his two grandsons – Ajay and Abhay Chautala, the two sons of party president Om Prakash Chautala.The feud saw Ajay Chautala and his sons Dushyant and Digvijay being expelled from the Haryana-based party by senior Chautala, who threw his weight behind the younger son Abhay. The trigger for the split was when the supporters of the young Chautalas hooted at their uncle Abhay at a rally in Gohana in October 2018.Dushyant Chautala, who is the MP from Hisar, launched Jannayak Janata Party (JJP) in December 2018. The 30-year-old's supporters are now projecting him as the next chief minister.Close The split in the party came at a time when it was gearing to come back to power after a 14-year hiatus. The development is likely to hit the party’s chances. related news In Pics | Jharkhand Assembly Election Phase 3: Old and young … [Read more...] about Haryana Assembly Election: How the split in INLD will bolster BJP in the Jat-dominated state
Days after the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) announced their decision to contest the Lok Sabha polls together from Uttar Pradesh, BSP satrap Mayawati, on her 63rd birthday, appealed to members and workers of both parties to forget their past differences.As the leader was greeted by SP chief Akhilesh Yadav at her residence in Lucknow on her birthday on January 15, she said, “Forget past differences and ensure the victory of all joint candidates of SP and BSP. This will be my ideal birthday gift.”The parties, which have decided to contest general elections on a 50-50 seat-sharing deal, are itching to bury the hatchet in an attempt to make a formidable alliance to beat the BJP, which had won 71 out of 80 seats in the 2014 Lok Sabha polls. While the SP had managed to win a meagre five seats, the BSP won none.Close But it won’t be easy for the bitter rivals to forget and forgive, especially after witnessing a dark past in the history of Indian … [Read more...] about Forget past differences with SP, says BSP supremo Mayawati on 63rd birthday. Easier said than done?