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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…

ITR Filing Deadline: Several trade bodies, as well as professional bodies, have requested the Central Board of Direct Taxes (CBDT) to extend the deadline further. New Delhi: In good news for those taxpayers who have still not paid their income tax, the Income Tax Department has extended the last date for filing Income Tax Returns (ITR) to September 15 for the financial year 2024-25, i.e. assessment year 2025-26. The deadline will only be applicable to taxpayers whose accounts are not liable for audit.  With only a week left, the Income Tax portal suggests that income tax filings are not meeting…