IT sector continues upmove, index gives record closure
IT sector continues upmove, index gives record closure

IT sector continues upmove, index gives record closure

Bhagyashree Vivarekar Article rating: 4.5

While the entire market was fighting volatility, IT sector managed to bounce back and maintain upsurge after falling for the first half an hour of the trading session on Friday. Nifty IT index gave a record closure at 13,260 levels after January 24 close of 13,250 levels.

MF update: More disclosure norms to govern new schemes post-merger
MF update: More disclosure norms to govern new schemes post-merger

MF update: More disclosure norms to govern new schemes post-merger

Nikhil Desai Article rating: 5.0

Market regulator SEBI (Securities and Exchange Board of India) has tightened norms for the disclosure of the performance track record of the merged schemes. The move aims to standardize the performance disclosure of the schemes.

Premier Explosives partners with French firm Nexter
Premier Explosives partners with French firm Nexter

Premier Explosives partners with French firm Nexter

Sanket Dewarkar Article rating: 3.0

Premier Explosives (PEL) and the French defence company Nexter have decided to tie-up for manufacturing Bi-Modular Charge Systems (BMCS) in order to respond to the needs of the Indian Ministry of Defense.

Reliance gains on back of acquiring education platform Embibe
Reliance gains on back of acquiring education platform Embibe

Reliance gains on back of acquiring education platform Embibe

Tanay Loya Article rating: 3.7

The shares of Reliance Industries surged by 0.7 per cent on Friday. The movement can be attributed to the acquisition of Artificial Intelligence (AI) based education platform Embibe.

Infratel tops Telecom index, gives trendline breakout
Infratel tops Telecom index, gives trendline breakout

Infratel tops Telecom index, gives trendline breakout

Bhagyashree Vivarekar Article rating: 5.0

telecom sector took some breather at lower levels. Hopes for a favourable policy decisions in the upcoming New Telecom Policy 2018 may help the sector bounce back. Bharti Infratel gave a prolonged consolidation breakout and also a downward sloping multiple point trendline breakout at 346.50 levels.

Ashok Leyland bags critical order of Rs. 100 crore from MoD
Ashok Leyland bags critical order of Rs. 100 crore from MoD

Ashok Leyland bags critical order of Rs. 100 crore from MoD

Apurva Joshi Article rating: 5.0

Ashok Leyland has bagged a critical order from the Ministry of Defence (MoD) for supplying High Mobility 10x10 vehicles i.e. HMV 10x10. The Indian Army plans to deploy these vehicles since a long time to carry Smerch Rockets.

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