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Newgen receives contract worth AED 5.3 million

Mumbai, Feb. 4 -- Newgen Software Technologies L.L.C, a wholly owned subsidiary of the Newgen Software Technologies incorporated in the Dubai, has executed an agreement with a customer (a large reputa... Read More


Quick Wrap: Nifty IT Index falls 5.87%

Mumbai, Feb. 4 -- Nifty IT index ended down 5.87% at 36345.65 today. The index has slipped 4.00% over last one month. Among the constituents, Infosys Ltd shed 7.26%, Tata Consultancy Services Ltd drop... Read More


BHEL receives LoI from Hindalco Industries

Mumbai, Feb. 4 -- Bharat Heavy Electricals (BHEL) has received a Letter of Intent (LOI) from Hindalco Industries for Design, Engineering, Supply of equipment, Installation, Commissioning and Performa... Read More


Japan's Nikkei drop 0.78%

Mumbai, Feb. 4 -- Japanese markets fell notably, with software names leading the drop after fresh AI headlines. The Nikkei average dropped 0.78 percent to 54,293.36 while the broader Topix index settl... Read More


Asian stocks end mixed, China benchmark surge 0.85%

Mumbai, Feb. 4 -- Asian stocks ended mixed on Wednesday as software stocks followed their U.S. peers lower on fears over artificial intelligence effecting future business growth. Anthropic, the AI de... Read More


Marsons wins order of Rs 9.02 cr

Mumbai, Feb. 4 -- Marsons has received a purchase order worth Rs 9.02 crore from Sugs Lloyd for supply of 10 MVA, 33/11 KV Power Transformers with OCTC. Published by HT Digital Content Services with ... Read More


Economic Buzz: Eurozone inflation eases to 1.7% in January

Mumbai, Feb. 4 -- Eurozone inflation softened in January, flash estimate from Eurostat showed on Wednesday. The harmonized index of consumer prices rose 1.7 percent on a yearly basis in January, foll... Read More


Economic Buzz: UK service sector sees some recovery in January

Mumbai, Feb. 4 -- The headline seasonally adjusted S&P Global UK Services PMI Business Activity Index registered 54.0 in January, up from 51.4 in December and above the 50.0 no-change mark for the nin... Read More


Economic Buzz: Eurozone economic growth slows again in January

Mumbai, Feb. 4 -- The seasonally adjusted HCOB Eurozone Composite PMI Output Index signalled a thirteenth successive monthly increase in private sector output across the single currency bloc at the st... Read More


Economic Buzz: German business activity continues to rise in January

Mumbai, Feb. 4 -- The upturn in Germany's service sector continued into the new year, albeit with the rate of business activity growth easing to its lowest since last September, the latest HCOB PMI su... Read More