The Press Editor

According to BSE Analytics, the stock has gained 423 per cent in three years and 149.80 per cent in two years. On the other hand, it has corrected 6.68 per cent in one year. New Delhi: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) gained around 10 per cent on Wednesday after the company informed exchanges that it has entered into an MOU (Memorandum of Understanding) with Top2 PTE Limited, a Singapore-based entity, to explore, identify, and finalise a semiconductor partner from Taiwan. The stock started the trading session in red at Rs 70.90 against the previous close of Rs 20.93…

The stock's 14-day relative strength index (RSI) is 48.32. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of a small-cap company, Blue Cloud Softech Solutions, ended the trading session in green as the company has shared updated information regarding the acquisition of an AI-driven defence solutions company. The company said that it has executed a Letter of Intent (LOI) for the proposed acquisition of 3P Vision, a defence technology firm specialising in advanced AI, drone, and surveillance solutions. The company said that the goal of…

Reliance teams are working round-the-clock in close coordination with the district administrations, the animal husbandry department, and local panchayats to deliver immediate, life-saving support while planning medium-term recovery actions. Chandigarh: In view of the devastating floods in Punjab, Reliance Industries Limited (RIL) has launched a large-scale humanitarian response in the state. Working closely with the state administration, panchayats and local stakeholders, Reliance Foundation teams are on the ground, delivering immediate relief in the worst-affected villages, particularly in Amritsar and Sultanpur Lodhi. Anant Ambani's message for Punjab Reliance Industries Limited director Anant Ambani said, “Our heart goes out to the people of…

Larry Ellison beat Elon Musk to become the world's richest person after a surge in Oracle's stock. San Francisco: Larry Ellison has become the world’s richest person for the first time, ending Elon Musk’s nearly year-long reign at the top. Ellison's fortune soared by USD 101 billion as of 10:10 am in New York after Oracle Corp. reported quarterly results that exceeded expectations and projected further growth. His net worth climbed to $393 billion, moving ahead of Musk, who now sits at $385 billion, according to the Bloomberg Billionaires Index. The jump is the largest one-day increase ever recorded by…