With GenAI, database firm MongoDB gets set for big India play
Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients.
Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients.
For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors during the quarter ending March 2024. NHPC led the pack with a substantial influx of 23 lakh new investors.
Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 24% as per analysts’ price targets
The MIBOR, in turn, is used as a benchmark or reference for derivative products such as interest rate swaps, forward rate agreements and term deposits and certain types of debt instruments issued by firms to raise money.
The Reserve Bank of India (RBI) has imposed strict restrictions on Kotak Mahindra Bank, a third-most valued private bank in India, for failing to fix its IT systems over the past two years. The bank was asked to stop functions cited "with immediate effect" and assured customers that there would be no interruption to services. Kotak Mahindra Bank has taken measures to strengthen its IT systems and will continue to work with the RBI to resolve balance issues at the earliest.
The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following Citibank's portfolio acquisition. The bank had reported a net profit of ₹6,071 crore in October-December 2023 period, translating into a 17% increase in profit on a sequential basis.
The IT stock hit a 52-week high of Rs 6,442 on January 5, 2024, but failed to hold the momentum. It closed at Rs 4,721 on April 23, 2024, which translates into a fall of over 26%. It has remained flat from a 3–6-month perspective, largely in line with the selling pressure seen in the IT index. The index has fallen over 7% in the last 3 months but rose a little over 10% in a 6-month time frame.
Let's delve into how each of these zodiac signs can make great friends according to astrology:
Premier League fans are in for a classic showdown treat as the mighty Manchester City take on Brighton in an epic clash. Know all about the details of the match here.
"The Little Mermaid" takes a dark twist in a new R-rated horror retelling, following the trend of childhood classics reimagined as horror films. Directed by Leigh Scott, the movie features Lydia Helen as the evil mermaid Aurora Bey.
American crime drama TV series The Rookie will be back soon with its seventh episode very soon. The last 5 seasons have been a bang, making it a must watch for crime drama viewers.
West Virginia national park is in the wave of high alert after a contagious and fatal disease, unofficially termed as 'zombie deer' was found affecting animals.
After its success at Sundance, 'Between the Temples' is set to premiere nationwide on August 23, 2024. Starring Jason Schwartzman and Carol Kane, the comedy-drama follows Ben, a widowed cantor in New York, navigating a crisis of faith. The film will also screen at the Tribeca Film Festival in June.
Moon is likely to have 4G network as NASA and Nokia gearing up to build a cellular network over there.
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