Bluechip Companies

Israel's Tower Semiconductor, Adani plan $10 bn chip project in India

Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading

Samsung Electronics' union set to stage 1st walkout over pay in South Korea

The National Samsung Electronics Union (NSEU), which has about 28,000 members, or more than a fifth of the company's total workforce, has said it will stop work for a day as part of broader protest me

Bluechips drive India past $5 trillion market capitalisation milestone

63% of mcap growth contributed by top 100 firms

China state fund Central Huijin Investment pours $41 bn into markets in Q1

The purchases helped China's CSI300 blue-chip index bounced back roughly 14% from five-year lows hit in February

Data centre operator Yotta plans capacity booster for AI efforts

Apart from serving India, the company also aims to cater to the global demand

ISMC Analog asks govt to block Tower Semiconductor's chip fab application

ISMC had tied up with Tower, and an agreement was signed on December 31, 2020, for setting up a 300-millimetre manufacturing analogue/mix fab project in India

London stock exchange sees first trading halt in 4 yrs, blue chips spared

Traders said that shares in CRH and Deliveroo were among those not trading on the London market after the incident, which was the first time trading on the LSE had been interrupted since 2019

Indian blue-chips slip on Middle-East conflict concerns, metals cap losses

Metals gained nearly 1%, after data showed recovery in exports and imports in world's top consumer China. JSW Steel, Tata Steel were among the top Nifty 50 gainers

Small stocks lag behind in FY23, take bigger hit than bluechip firms

Small stocks have lagged behind the equity benchmark Sensex in 2022-23, falling nearly 6 per cent amid a host of negative factors like higher interest rate regime, high inflation and the Russian-Ukraine war. According to market analysts, it was a tumultuous year for the Indian equity market. The Russian-Ukraine war made the first quarter of the Indian equity market particularly difficult, but the second and third quarters witnessed a respectable rebound, they noted. Headwinds such as high inflation, the Russia-Ukraine war and higher interest rates hit investors' appetite for small stocks. With just one day of trading left in the current fiscal, the BSE smallcap gauge has fallen by 1,616.93 points or 5.73 per cent so far in 2022-23. The midcap index is down 270.29 points or 1.12 per cent in the 2022-23 financial year. In comparison, the BSE Sensex has declined 608.42 points or 1.03 per cent. "Many factors contributed to the underperformance of the Indian stock market in FY23. The

ICICI Prudential Bluechip Fund: Consistent in outperformance and holdings

The fund's month-end assets under management increased to Rs 35,876 crore in April 2023, from Rs 21,765 crore in May 2020

Nissan reports surging profit amid strong sales, easing chip crunch

Japanese automaker Nissan reported Thursday a seven-fold surge in January-March profit and forecast strong sales for this fiscal year riding on the popularity of its new model offerings. Nissan Motor Co.'s net profit for the fiscal fourth quarter totalled 106.9 billion yen (USD 798 million), up dramatically from 14.2 billion yen a year ago. Quarterly sales jumped 36 per cent to 3.097 trillion yen (USD 23 billion), amid an easing of the supply shortage of computer chips and other parts, which had been caused by social restrictions related to the coronavirus pandemic. Chief Executive Makoto Uchida told reporters the automaker was preparing all-solid-state batteries for its electric models, as the world makes a rapid shift toward green zero-emissions technology. He acknowledged serious challenges remained but promised to boost Nissan's profitability, especially in key markets like China. A midterm plan will be outlined later this year to transform Nissan into a truly healthy and ...

Intel launches new Xeon workstation processors for professional creators

Intel launched Xeon W-3400 and Xeon W-2400 workstation processors, which are built for professional creators to provide massive performance for media and entertainment and data science professionals.

Top Headlines: India in green bond mkt, Pichai says job cuts avoided worse

Business Standard brings you the top headlines at this hour

India bluechips to shift to world's fastest settlement cycle T+1 this week

Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process

The integrated circuit wars

US chip sanctions on China should be a wake-up call for India to quickly scale up and boost its capabilities in this critical arena

Companies divided over the size of chips they plan to make in India

Chips of smaller nodes are faster and more profitable, but their factories can cost as much as a nuclear power plant

Will $52 bn move the US to within striking distance of Asian chip giants?

CHIPS Act is a win for a cabal of US chipmakers and foreign companies, but largely ignores the nation's true semiconductor leaders who have been propping up the domestic sector for two decades

Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala

It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses

MSCI rejig could trigger $160 mn outflows from domestic markets: Edelweiss

While the global index provider hasn't added or deleted any Indian stocks, it has reduced weights of bluechip firms RIL, Infosys and HDFC

Planning to buy mid, small-caps? Here's how to choose the winners

On a year-to-date (YTD) basis, the small-cap and mid-cap indices have gained 18 per cent and 20 per cent, respectively