Category: Business & Economy

The Consumer Electronics Show (CES) is one of the biggest tech events, happening from January 7 to January 10, 2025, in Las Vegas. Here are some of the coolest and strangest gadgets you might see:

1. Mirumi, the Adorable Robot
Meet Mirumi, a shy little robot by Yukai Engineering. It can hang on your bag and gets shy if strangers come close. It will soon be available for $70 through crowdfunding.

2. Swippitt’s Toaster Charger
Swippitt has created a phone charger that looks just like a toaster! You plug your phone in, and it swaps out its dead battery for a full one without using messy cords. But it only works with Swippitt’s special phone case.

3. AutoKeybo Keyboard
The AutoKeybo is a unique keyboard that reveals a trackpad and number pad when you need it. It uses a built-in camera to see your hands and quickly changes between keyboard and mouse modes. It does cost $700, though!

4. LG StanbyME Display
LG has a new 27-inch portable monitor called StanbyME. You can add a shoulder strap to carry it easily. This new version has a higher resolution, longer battery life, and two USB-C ports.

5. SwitchBot Modular Robot
SwitchBot introduced a robot that helps with chores. The K20 Plus Pro can attach to different devices like air purifiers or security cameras, making household tasks easier.

6. Ultrahuman Smart Ring
Ultrahuman has launched a fancy smart ring made of gold ($1,900) or platinum ($2,200). It has the same functions as their cheaper $349 Ultrahuman Ring Air.

7. LG AeroCatTower Air Purifier
The AeroCatTower is not just an air purifier; it’s also a cat tree! It has a comfy spot for your cat and tracks its weight and sleep time using an app.

8. Wearable Solar Panel Jacket
Anker’s new jacket concept has built-in solar panels that can charge your phone. It lights up and can soak up sunlight to give you energy on the go.

9. LG Indoor Gardening Table
LG showcased a table that helps you grow plants. It waters them automatically and has a lamp and speaker built in!

10. Talking Anime Girls
Code 27 introduced a cool pod that has 3D dancing anime characters. They can talk and interact using AI, and the pod has a high-definition display. It will be on Kickstarter for $400-$500.

TCS, a well-known IT company, has announced some exciting news for its shareholders. The company’s board has decided to give out a third payment called an interim dividend of Rs 10 for each share, plus a special additional payment of Rs 66 per share. Shareholders will receive this money on February 3, and to get it, you must own the shares by January 17.

This announcement came along with TCS’s third quarter results, where they reported a 12% increase in profits, amounting to Rs 12,380 crore. Their revenue also rose by 6% compared to the previous year, reaching Rs 63,973 crore.

It’s important to know that TCS shares will trade without this dividend value on the record date, January 17, or one day before. This means that if someone buys the shares on or after this date, they won’t receive the dividend. So, if you want to get this payment, make sure you own the shares before January 17.

This is the third dividend TCS has announced this year. They also paid Rs 10 per share in June and September. In total, TCS has given out Rs 75 per share in dividends over the last year. With the current share price, this gives a dividend yield of about 1.86%. More news will come soon!

Even though the stock market in India went down on Thursday, many individual stocks did well. The Sensex, a key market index, fell by 528 points to close at 77,620.21.

However, some companies’ stocks really stood out! Skyline Ventures and Magna Electro both shot up by 10%. Other big winners included BSEL Infra, Diligent Media Corp, and Indo-City Info, which all grew by around 9% or more.

In the Nifty 50 index, which includes 50 major companies, a few stocks like Bajaj Auto (up 2.25%), Nestle India (up 1.63%), HUL (up 1.44%), Britannia (up 1.37%), and M&M (up 1.31%) also made gains.

At the end of the day, the Nifty 50 index fell by 162 points and finished at 23,526.5. Out of the 50 stocks in this index, 16 went up in value, while 34 went down.

NEW DELHI: On Thursday, several companies saw a lot of trading activity on the National Stock Exchange (NSE). The top traded companies included Tata Motors (Rs. 64.38 crore), SBI (Rs. 61.21 crore), and SRF (Rs. 57.33 crore), among others. The NSE Nifty index dropped by 162.46 points, closing at 23,526.5. Meanwhile, the BSE Sensex fell by 528.28 points, finishing at 77,620.21.

Some companies did well, with Bajaj Auto rising by 2.25%, Nestle India up by 1.63%, and Hindustan Unilever increasing by 1.44%. On the downside, Shriram Finance fell by 3.07%, while Oil and Natural Gas Corporation saw a drop of 3.01%. Other losers included Bharat Petroleum, Coal India, and Tata Steel.

Suranjana Borthakur, who is in charge of distribution at Mirae Asset Investment Managers, shared some insights about investing. They prefer not to focus too much on specific sectors but instead look at long-term trends. Right now, they think the consumption trend, where people buy goods and services, is strong. They also feel positively about banking and healthcare sectors.

Mirae believes it’s good to have a mix of large companies (large caps) and smaller companies (mid and small caps) in an investment portfolio. A good balance would be 50% in large caps and 50% in mid and small caps for long-term investments.

Looking at investment patterns, they noticed that people are still putting money into Systematic Investment Plans (SIPs), which are investment plans where people invest a fixed amount regularly. Despite market ups and downs, SIP inflows have reached record highs of over ₹26,000 crore. This shows that retail investors are confident in long-term wealth creation in India.

Interestingly, there has been a significant increase in investments in sector-specific funds, with around ₹15,000 crore flowing into these. There have also been several New Fund Offers (NFOs) during this time. The mid and small-cap segments are seeing more interest, and Mirae thinks that investors should focus on the potential for future returns rather than past performance.

They suggest that if investors are looking at a three to five-year investment horizon, they should consider allocating more to mid and small caps, while also looking at flexi-cap and multi-cap mutual funds. Sectoral funds can be part of an investment strategy but should be kept in check and not dominate a portfolio.

As for upcoming investment trends, they see opportunities in the consumption, banking, and healthcare sectors, especially with the Union Budget coming up, which could affect market conditions.

Shares of Divi’s Laboratories Ltd. went up by 0.39% to ₹5839.75 in Thursday’s trading session. During the day, the stock reached a high of ₹5900.00 and a low of ₹5815.80. The 52-week high for the stock is ₹6448.75, while the lowest it has been is ₹3350.05. As of 01:23 PM (IST), 458 shares were traded, totaling a value of ₹0.27 crore, according to Niftystat. The stock closed at ₹5863.00 in the previous session.

In the last month, the stock has fallen by 4.74%, while the BSE Sensex (a major index) dropped nearly 5%. The stock trades at a price-to-earnings (P/E) ratio of 84.38, which means investors think it has good potential for future growth. The price-to-book ratio is 6.71, showing how much investors are willing to pay for it even if the company isn’t growing.

Divi’s Laboratories belongs to the pharmaceutical industry. As of September 30, 2024, promoters own 51.89% of the company, while foreign institutional investors (FII) own 17.25% and mutual funds (MF) hold 11.92%.

In its latest report, the company announced consolidated sales of ₹2444 crore for the quarter ending September 30, 2024. This is an 11.24% increase from the previous quarter and a 22.51% rise compared to the same quarter last year. The company’s net profit for this quarter is ₹510 crore, which is a whopping 46.55% increase from the same time last year.

On Thursday, Indian Oil Corporation Ltd.’s shares were priced at Rs 132.95 on the BSE at 12:22 PM IST, which is a drop of 1.26% from the previous day. The stock has a 52-week low of Rs 128.50 and a high of Rs 196.80. Earlier today, the stock opened with a gap down.

More than 314,741 shares were traded by 12:22 PM. The company has a market value of about Rs 187,600.65 crore. Its price-to-earnings (P/E) ratio is 10.70, meaning the stock is trading reasonably based on its earnings. The price-to-book ratio stands at 1.26.

Indian Oil’s return on equity (ROE) is 22.75%, indicating how well it uses money from shareholders to generate profits. In the broader BSE500 index, 195 stocks went up, while 304 stocks fell.

The stock’s beta value is 1.4017, showing it’s a bit more volatile compared to the overall market. As of September 30, 2024, promoters own 51.5% of Indian Oil, while foreign institutional investors hold 7.9% and domestic institutional investors have 2.98%.

Looking at the moving averages, the stock’s 200-day moving average (DMA) is 161.03, and the 50-DMA is 138.64. If a stock is trading below both the 50-DMA and the 200-DMA, it usually suggests a downtrend. However, if it’s trading between the two, it indicates that the stock could go either way.

Stock market experts believe that being good at trading takes skill, discipline, and strong mental strength. Unfortunately, not everyone has these three qualities. For example, recent data from Sebi shows that 93% of individual traders in India lost money in equity futures and options from FY22 to FY24.

Nikhil Kamath, the founder of Zerodha, is a self-made billionaire who made his mark in the stock market. He started working in a call center before he began trading stocks and later founded a successful discount brokerage with his brother, Nithin. Recently, Nikhil hosted Kumar Mangalam Birla, Chairman of Aditya Birla Group, on his show called “People by WTF.”

During the show, Nikhil mentioned that he is naturally unemotional, which has helped him succeed in trading for over 20 years. Kumar Birla thought Nikhil seemed very soft and not the type to get angry. Nikhil agreed, saying he rarely feels anger and can’t even remember the last time he got mad. He grew up avoiding confrontations, which is why he prefers to ignore people instead of arguing with them.

Nikhil also shared that he doesn’t cry very often. In fact, he can only remember crying five times in the last ten years: when his father died, when his brother Nithin had a stroke, when his dog passed away, and after a breakup. He believes that not getting too emotional has helped him make better decisions in trading.

“I’ve been trading and investing for 21 years now,” Nikhil said. “I started at 17 and I’m now 38. I think my ability to stay calm and not react emotionally is why I’ve done well.”

Aside from trading, Nikhil is also involved in investments through his company, Gruhas. They focus on new technologies, cleaner energy solutions, and consumer-friendly innovations. Nikhil has backed several startups in the energy sector, like Ossus Biorenewables and Solar Square. These companies aim to help India adopt electric vehicles and move towards cleaner energy.

The OnePlus 13 is the newest flagship smartphone for 2025, but it faces tough competition. The Vivo X200 Pro and Oppo Find X8 Pro are already in the race, and soon, we’ll see Samsung’s new Galaxy phones. Despite this challenge, OnePlus has done a fantastic job with the OnePlus 13.

The pricing of the OnePlus 13 is quite appealing. The version with 12GB of RAM and 256GB of storage costs ₹69,999. If you want 16GB RAM and 512GB of storage, it’s ₹79,999. For those looking for maximum performance, the model with 24GB RAM and 1TB storage comes at ₹89,999, giving it a lead over its rivals.

The phone looks great, especially in the Arctic Dawn color, which hides fingerprints well. The camera area has a stylish silver finish, and the flat aluminum frame makes it comfortable to hold. OnePlus also finally added water and dust resistance, rated IP69 and IP68, meaning it can handle being submerged in water and sprayed with water.

Powered by the new Snapdragon 8 Elite chip, the OnePlus 13 stays cool even during long gaming sessions. The battery life is impressive too. With a 6000mAh battery, it can easily last through a busy day, keeping about 70% charge even with heavy use.

When it comes to photography, the OnePlus 13 has benefits over its competitors. Its three-camera setup, including a 50-megapixel main camera, takes good photos, although sometimes colors can look too bright. However, a special Master mode helps capture more realistic images.

Overall, while Vivo X200 Pro may lead in camera quality, OnePlus 13 shines in battery life. Plus, it supports Reliance Jio’s upcoming 5.5G network, promising very fast internet speeds. Other competitors like Samsung and Google will soon enter the race, but for now, the OnePlus 13 and Vivo X200 Pro are tied for the top spot, with Oppo’s phone close behind.

On Thursday morning, several fast-moving consumer goods (FMCG) companies saw their stock prices go up. At around 9:59 AM, Colgate-Palmolive (India) Ltd. led the way with a rise of 2.79%. Other companies doing well included:

– Dabur India Ltd. (up 1.82%)
– Godrej Consumer Products Ltd. (up 1.59%)
– Marico Ltd. (up 1.57%)
– Hindustan Unilever Ltd. (up 1.11%)

In contrast, some companies faced losses in their stock prices. JHS Svendgaard Laboratories Ltd. was down by 1.48%, and other losers included:

– Varun Beverages Ltd. (down 0.96%)
– Parag Milk Foods Ltd. (down 0.69%)
– Nestle India Ltd. (down 0.12%)

Overall, the NSE Nifty50 index rose by 59.55 points, reaching 23629.4, while the BSE Sensex fell by 159.57 points, reaching 77988.92. Despite some declines, many companies like Kotak Mahindra Bank Ltd. (up 1.77%) and Infosys Ltd. (up 0.52%) were still on the rise. Companies like Apollo Hospitals and Tata Motors saw their stocks drop by about 1%, showing that while some stocks were up, others were struggling.