Novo Nordisk, a global healthcare company, has been named one of the best places to work in healthcare by an external third-party provider. With over 95 years of innovation and leadership in diabetes care, as well as in hemophilia care, growth hormone therapy, and hormone replacement therapy, Novo Nordisk employs approximately 70,000 people and markets its products in more than 170 countries. The company is committed to the well-being of its employees and patients, and this recognition further solidifies their dedication. Don't miss out on the insights and exclusive content from the world of business and finance - subscribe to their newsletters now!
Amidst a relentless sell-off and escalating geo-political crisis, Indian equities made a strong comeback today, with Nifty rising nearly 200 points from its day's low. The gains were driven by buying in IT and PSU bank stocks, with the overall market sentiment being boosted by multiple factors such as positive global cues and resilience in the IT sector. However, concerns about ongoing growth and geopolitical issues could still cause volatility in the IT and related sectors. Additionally, OMC stocks are also in focus due to spiked crude oil prices, and Bank of Baroda gained over 4 per cent on Citi's buy call. Stay updated with the latest Business news, Stock Market updates, tax estimates, and personal finance tips by following Zee Business on Twitter, Facebook, and YouTube.
As the global market experiences an upward trend, investors are optimistic that this trend will continue. However, market expert Anil Singhvi cautions that there is one negative factor to consider. Despite the allure of rapid growth, Singhvi advises that a slow and steady approach to market growth is ultimately more beneficial. Learn more insights from Anil Singhvi's analysis on the future of the global market.
Title: KEC International Launches QIP at Floor Price of Rs 976.64 per Share KEC International Ltd, a global infrastructure EPC major, is in the news for launching a qualified institutional placement (QIP) of equity shares at a floor price of Rs 976.64 per share. The company may offer a discount of up to 5% on the floor price, with the final issue price to be determined in consultation with lead managers. This move has significantly boosted the company's shares, which ended 4.06% higher on Tuesday and have gained 62% in 2024. This development showcases KEC International's strong presence in the global market and its successful execution of infrastructure projects in over 30 countries.
In the wake of a successful concall and a new deal with Nokia, Ericsson, and Samsung, Vodafone Idea's stock has received mixed reactions from global brokerages. Citi is optimistic, maintaining a buy call and a target price of Rs 17, while Nomura also remains bullish with a target of Rs 15. However, Macquarie advises caution, maintaining an underperform call and a target price of Rs 10. Despite the divide, the telecom company remains determined to increase tariffs, invest in network equipment, and find resolution to the AGR issue with the government. Stay updated on all the latest business news and stock market updates with our Income Tax Calculator and Personal Finance coverage. Follow us on Twitter, Facebook, and subscribe to our YouTube channel for live business breaking news.
Asian Paints Ltd., the leading Indian paint company, has seen a significant increase in its stock value in the past 15 days. This success story is reflected in the latest data revealed by Rediff.com, showing Asian Paints' continued growth and market dominance. With a strong hold in the Indian market and expanding international presence, this news highlights the company's constant efforts towards innovation and investment, making it a major player in the global paint industry.
The newly released 2024 AI Adoption Index 2.0 by Nasscom reveals the immense potential of India's AI landscape, with the country's market expected to match the global growth rate in the next few years. As technology and infrastructure investments continue to soar, Dell Technologies emerges as a key player driving innovation and transformation through AI and GenAI. Join the premier annual event, Dell Technologies Forum 2024, to gain valuable insights into cutting-edge technology and its practical applications.
The Indian stock market indexes, Sensex and Nifty, remained steady on Wednesday amidst a mixed response from global markets. Stocks such as Tata Steel and ICICI Bank faced losses while companies like IndusInd Bank and Infosys showed growth. Meanwhile, the state-owned construction company, NBCC India, saw a surge of over 6% in its shares. Midcap and smallcap indices reached new highs, but sectors like banks and metals faced losses while media and IT companies saw buying trends. Market experts predict a consolidation phase with low volatility and a slight upward bias in the near future.
The Chinese government has strongly criticized Canada's decision to impose a 100% import tariff on Chinese electric vehicles, denouncing it as a "protectionist move" that ignores WTO rules and disrupts trade relations between the two countries. Canada argues that China's EV industry unfairly subsidizes and overproduces vehicles to flood the market with cheaper options, while also failing to meet environmental and labor standards. While Canadian automakers welcome the tariff, some environmental activists fear it may hinder the country's green transition and global climate efforts.
Jay Shah, 35, has been appointed as the new chairman of the International Cricket Council (ICC), making him the youngest person ever to hold the position. Previously serving as the BCCI Secretary and Chair of the Asian Cricket Council, Shah has expressed his commitment to globalizing the sport and introducing new technologies and markets. He will take over from current chairman Greg Barclay in December after Barclay's term ends. Shah's appointment comes at a crucial time with cricket's upcoming inclusion in the 2028 Olympics.