DIVYA DELHI : Market veteran Shankar Sharma has welcomed the government’s decision to increase the Securities Transaction Tax (STT) on derivatives, calling it the most important Budget proposal. He warned that excessive futures and options (F&O) trading is harming India’s youth and long-term wealth creation, describing derivatives as a “destructive” force. Sharma said the F&O

DIVYA DELHI : Textile Stocks Rebound After India-EU Trade Deal Finalised . Export-oriented stocks such as KPR Mills and Welspun Living witnessed a strong recovery over the past week following the finalisation of the India-EU trade deal, after facing heavy losses due to U.S.-imposed tariffs. Most of the gains were seen in textile stocks, as

DIVYA DELHI : A grand contractor meet was organized by Action TESA at Krishna Sweets & Banquets in Haryana, witnessing enthusiastic participation from carpenters, dealers, and business associates. The event commenced with the company’s special initiative, ‘TESA Salaam,’ aimed at honoring carpenters across the country. The program was inaugurated under the leadership of DGM G.C.

DIVYA DELHI :  Indian equity markets opened flat on Tuesday amid weak global cues. The Nifty50 traded slightly above 25,550, while the BSE Sensex hovered near the 83,200 mark in early trade. Analysts said markets are likely to remain range-bound as investors track global developments, geopolitical tensions and the ongoing earnings season. Weak sentiment in

DIVYA DELHI : AI startup Anthropic has appointed former Microsoft India managing director Irina Ghose as its first India head. Ghose will serve as managing director of Anthropic India, marking her exit after a 24-year career at Microsoft, where she last held the role of MD. The appointment comes as Anthropic accelerates its India expansion,

Divya Delhi : Bengaluru-based IT major Infosys announced a strategic collaboration with Amazon Web Services, or AWS, to fast-track enterprise adoption of generative AI technologies. Under the partnership, Infosys will combine its AI-first platform Infosys Topaz with Amazon Q Developer, AWS’s generative AI-powered assistant, to transform internal operations and deliver advanced AI-driven solutions for global

New Delhi, January 1 (Reuters):Shares of major Indian tobacco companies fell sharply on Thursday after the government announced a new excise duty on cigarettes, making them more expensive for nearly 100 million smokers across the country. Market leader ITC Ltd, maker of popular brands such as Gold Flake, plunged 9.2%, while Godfrey Phillips India, which