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HCL Technologies Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 362871.30 Crore) operating in IT Software sector.

Analysts noted that cement sector demand came under pressure in November and the first half of December due to unseasonal rainfall, a sand crisis in a few markets of Uttar Pradesh and in East India, and the marriage season after the Covid-19 outbreak in CY20.

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Credit Suisse has a target of Rs 1,950 on the stock while Macquarie sees it at Rs 2,005.

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In the spot market, the highest purity gold was sold at Rs 48,135 per 10 grams. Silver was priced at Rs 61,859 per kg on Friday, according to the Indian Bullion and Jewellers Association.

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Asian share markets were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy.

The company will line up a range of mass-market offering in sub-Rs 10 lakh in next 24 months, with an eye on 150,000 annual volume.

More than a dozen top bankers moved to strategic and M&A roles in pharmaceutical companies, spearheading mergers and acquisition as well as fundraising plans. They included Nitin Tandon, who joined as head business development, Asia Pacific, at Johnson & Johnson from Credit Suisse.

UPL Corporation raises $700-m loan from global banks

Updated at : 2022-01-17 08:35:03

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The proceeds of the loans will be used to repay part of the debt it had raised to fund the $4.2-billion acquisition of Arysta Life Sciences in 2019.

Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant.

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With Bitcoin’s price rising 60% last year, despite the fourth-quarter volatility, many investors may also have chosen to hold onto the world’s biggest cryptocurrency instead of spending it. Many remember Bitcoin’s first commercial transaction, in which a programmer spent Bitcoins now worth billions on two pizza pies.

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