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Technology

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2020 compelled corporations in the United States to adopt remote and hybrid working styles as traditional office buildings were demolished and employees were sent home. Because large tech companies like Facebook and Google began hiring permanent employees in cities without offices, travellers began to prefer renting private homes over staying in hotels because of the added safety, comfort, and convenience they provide. They also offer ideal work-from-home opportunities. During this global transformation, technology has played…

HDFC Securities has issued a 1% buy call on Tech Mahindra NSE, with a target price of Rs 1550. At the time of writing, the stock price of Tech Mahindra Ltd. was Rs 1385.55. Analysts predict that the stock price of Tech Mahindra Ltd. will reach the predetermined target price in the year following the current date. Tech Mahindra Ltd., an IT software giant founded in 1986, is a large cap (market cap of Rs…

Despite investor trepidation over inflationary concerns caused by higher crude oil prices, Indian stocks finished higher on Tuesday, as technology stocks recovered from early losses and the energy index reached a new high. The NSE Nifty 50 index closed 0.74 percent higher at 17,822.3 points, while the S&P BSE Sensex closed 0.75 percent higher at 59,744.88 points. According to Anita Gandhi, director at Arihant Capital Markets in Mumbai, the undertones for Indian markets have been…

How optimistic are you about the future of technology? Many businesses intend to go public in the near future. Should these initial public offerings be evaluated based on anything specific? What criteria should be used to evaluate these new businesses? To begin, consider things from the most fundamental level. Companies frequently use buzzwords such as “tech,” “platform,” and “ML/AI” interchangeably, but none of it always makes sense. Learn about the company’s mission and how it…

Worries about rising interest rates fueled the global selloff in technology equities on Tuesday, with a Hong Kong benchmark tracking Chinese technology stocks closing at a record low. The Hang Seng Tech Index, which began trading in July of last year, was down 2.5 percent from its previous close as of August 20. The index, which includes Tencent Holdings Ltd. and Alibaba Group Holding Ltd., is expected to fall for the fourth time in a…

The outages that affected Facebook, WhatsApp, and Instagram on Monday were most likely caused by a problem with the company’s domain name system, which is a minor but critical component of the internet’s infrastructure. The Domain Name System, also known as the DNS, is the internet’s equivalent of a phone book, and it is comprised of a number of components. When a domain name is entered, such as Facebook.com, it is converted into the IP…

On Monday morning, after the Nifty50’s four-day losing streak came to an end, a Morning Star pattern appeared on the daily chart of the index. The three-candlestick reversal formation indicates that profits are on the horizon. It is believed by analysts that the index must maintain a level above the 17,580 mark in order to continue to rise. According to Mazhar Mohammad of Chartviewindia.in, the Nifty50 fell below its 20-day exponential moving average (EMA) on…

Information technology, a popular investment sector around the world, is currently in jeopardy. Mega Cap technology shares, which have led global equity rallies throughout the pandemic, may be concerned about their high valuation in the face of rising US yields and increased regulatory scrutiny. Year to date (YTD), Apple, Amazon, Facebook, Google, and Netflix stock prices have increased by 7.5 percent, 0.8 percent, 25%, 55.5 percent, and 13.5 percent, respectively. According to the Nasdaq 100,…

Both the recent Quad Summit and Prime Minister Narendra Modi’s bilateral meeting with US President Joe Biden focused heavily on technological collaboration. Both countries agreed to resurrect the US-India High Technology Cooperation Group in early 2022 in order to accelerate high-tech commerce. However, the Quad discussions yielded more concrete results. Participants also agreed to build on the work of the working group established at Quad’s virtual summit in March to establish technology principles and standards,…

According to an exchange filing, Reliance Industries has invested Rs 7,42,87,000 ($1,000,000) in cash into a newly formed wholly-owned subsidiary called “Reliance International Limited” (RINL) in Abu Dhabi Global Market, United Arab Emirates. Moneycontrol is owned by Network18. Reliance Industries owns 100% of Independent Media Trust, which owns Network18. ZEEE Entertainment Enterprise has petitioned the Bombay High Court, claiming that the demand for an extraordinary general meeting (EGM) made by its two largest shareholders, Invesco…