HCL acquires a US data analytics product company for Rs 750 crore
HCL acquires a US data analytics product company for Rs 750 crore

HCL acquires a US data analytics product company for Rs 750 crore

HCL America Inc, a wholly-owned step-down subsidiary of the company has acquired the balance 19.6 per cent stake in HCL Technologies SEP Holdings Inc, the sole parent entity of the operating company, Actian Corporation.

DSIJ Intelligence Article rating: 3.6

HCL already owns an 80.4 per cent stake in the company and is buying out the minority partner who holds the balance 19.6 per cent stake in the company. The cost of acquisition is USD 100.2M (Rs 750 crore) for the remaining 19.6 per cent ownership of HCL Technologies SEP Holdings Inc.

Overnight Digest: These small caps will be in focus on Friday
Overnight Digest: These small caps will be in focus on Friday

Overnight Digest: These small caps will be in focus on Friday

DSIJ Intelligence Article rating: 3.4

On Thursday, the benchmark indices ended on a flat note with Nifty at 17,204 level and Sensex at 57,794 level. In today’s choppy session, good buying interest is seen in selected IT and pharma stocks while some selling pressure is seen in metal and real estate names. 

Predicting the stock market using Google trends
Predicting the stock market using Google trends

Predicting the stock market using Google trends

Can Google Trends help you anticipate the stock market when there are many strong models available that employ machine learning techniques? Let us investigate.

DSIJ Intelligence Article rating: 4.0

Can Google Trends help you anticipate the stock market when there are many strong models available that employ machine learning techniques? Let us investigate.

Five stocks witnessing short covering
Five stocks witnessing short covering

Five stocks witnessing short covering

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

Avalokita Pandey Article rating: 5.0

List of the stocks where sell positions are being covered in the F&O segment.

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