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Information Technology stocks slide

Information Technology stocks were trading with losses, with the S&P BSE IT Sector index decreasing 13.9 points or 0.05% at 27360.55 at 13:49 IST.
Among the components of the S&P BSE IT Sector index, Indiamart Intermesh Ltd (down 2.31%), 3i Infotech Ltd (down 2.17%),Cyient Ltd (down 1.73%),Accelya Solutions India Ltd (down 1.54%),Infibeam Avenues Ltd (down 1.35%), were the top losers. Among the other losers were Mphasis Ltd (down 1.24%), Mindtree Ltd (down 1.04%), Cerebra Integrated Technologies Ltd (down 0.87%), Wipro Ltd (down 0.77%), and Tech Mahindra Ltd (down 0.65%).
On the other hand, Hind Rectifiers Ltd (up 8.3%), Brightcom Group Ltd (up 4.91%), and Birlasoft Ltd (up 4.07%) turned up.
At 13:49 IST, the S&P BSE Sensex was up 199.79 or 0.39% at 52049.27. ....

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Snowman Logistics partners with Dr Reddy's for Sputnik vaccine across India

Read more about Snowman Logistics partners with Dr Reddy s for Sputnik vaccine across India on Business Standard. Snowman said it has entered in a strategic partnership with Dr Reddy s to provide end-to-end logistics solutions for delivery of the two-dose Sputnik Covid-19 vaccine across India ....

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TCS, Sun Pharma, Eicher Motors in focus

Read more about TCS, Sun Pharma, Eicher Motors in focus on Business Standard. Tata Consultancy Services (TCS) said that the company has completed acquisition of GE s stake in TCS Saudi Arabia on May 26. ....

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Infosys collaborates with Centre for Accessibility Australia

Infosys announced its collaboration with the Centre for Accessibility Australia to help drive awareness and inspire a more accessible and inclusive community via the Australian Access Awards.
Following the success of the awards launch in 2019, the Centre for Accessibility Australia supported by Infosys is hosting this bi-annual event to recognise organisations and individuals that are committed to optimising digital access in their campaigns, services or resources.
An integral part of this collaboration is the Centre for Accessibility Australia acting as a trusted advisor to Infosys on digital accessibility.
As an invited member on the Accessible Platform Task Force in W3C (World Wide Web Consortium) this advisory is crucial to Infosys Australia and New Zealand s CSR program. Known as Pathways this program strives to enable more digitally accessible learning experiences for people with disability. ....

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US Market falls for third day, crypto plunge

The US stock market finished lower for third session in row on Wednesday, 19 May 2021, as a steep fall in cryptocurrencies and as the Federal Reserve minutes showed the US central bank inching closer to a possible shift in future monetary policy.
At the close of trade, the Dow Jones Industrial Average index declined 164.62 points, or 0.48%, to 33,896. The S&P 500 index was down 12.15 points, or 0.29%, at 4,116. The tech-heavy Nasdaq Composite Index dropped 3.90 points, or 0.03%, to 13,300.
Total 9 out of 11 S&P 500 sectors closed lower, with energy (down 2.53%), materials (down 1.54%), consumer discretionary (down 0.75%), financials (down 0.63%), and industrials (down 0.58%) sectors being notable losers, while information technology (up 0.33%) sector was notable gainers. ....

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