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☆ 'We are bullish on India': As Diwali begins, these 3 stocks are set to outperform, analysts say
▼ + stars: | 2023-11-13 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

A strong economy, growing population and booming stock market have put India on the map for many investors this year. It can lead to stock market moves, as some investors view it as a new beginning. "We are bullish on India for Samvat 2080," Kotak Securities' analysts wrote in a recent note. Financial services company Bank of India is also on Kotak Securities' buy-rated list following higher profit booking levels. The analysts give the stock a target price range of 120-130 Indian rupees, or upside potential of up to 26%.

Persons: Kotak, Naman Tandon Organizations: Securities, Kotak Securities, Bombay Burmah Trading, Financial, Bank of, Godrej Industries Locations: India, Bank of India

☆ China versus India: The pros explain why they prefer one — and share their stock picks
▼ + stars: | 2023-11-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Which economic giant should emerging markets investors go for: China or India? India is the "best structural growth opportunity" in emerging markets, according to Malcolm Dorson, head of emerging markets strategy at Global X ETFs. LPL Financial's chief technical strategist, Adam Turnquist, added that India has emerged as an increasingly attractive alternative to China. Where and how to invest in India Investors could go for the "booming areas" in India — renewables such as hydrogen and solar energy, as well as agricultural tech, according to Sharma. But both Krosby and Dorson would advocate active management in emerging markets such as India, given political and economic complexities, among other reasons.

Persons: Malcolm Dorson, Morgan Stanley, Dorson, Quincy Krosby, Krosby, LPL, Adam Turnquist, Alejandra Grindal, Ned Davis, Rahul Sen Sharma, Sharma, Morningstar Organizations: Shenzhen Component, CNBC, Global, Chinese Communist Party, LPL, Ned, Ned Davis Research, India Investors, India, Hindustan Unilever, Nestle India, Jewelry, India Active Locations: China, India, Shenzhen, Asia, Beijing

3 Iowa pulled away late from eighth-ranked Virginia Tech en route to an 80-76 victory Thursday night in a neutral site game. Virginia Tech would battle back to cut the lead to 62-60 on back-to-back 3s from Matilda Ekh and Cayla King. Virginia Tech wouldn't give up as Amoore knocked down a 3 from the corner to cut the lead to four with 1:12 remaining. Virginia Tech: The Hokies, led by Amoore, showed a ton of fight but just couldn't contain Clark. Virginia Tech: Host Houston Baptist on Nov. 16.

Persons: CHARLOTTE, — Caitlin Clark, Clark, Hannah Stuelke, Sydney Affolter, Georgia Amoore, Elizabeth Kitley, Amoore, Matilda Ekh, Kate Martin, Sharon Goodman, ___ Organizations: Iowa, Virginia Tech, Associated Press, Michigan, Sydney, Hawkeyes, Hokies, ACC, NCAA, LSU, Tigers, . Virginia Tech, Host Houston Baptist, AP, womens Locations: N.C, Georgia, Iowa, Stuelke, Clark, UP, Northern Iowa

☆ Indian shares rise as falling oil prices boost energy stocks
▼ + stars: | 2023-11-08 | by ( Bharath Rajeswaran | ) www.reuters.com time to read: +2 min

REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Nov 8 (Reuters) - Indian shares rose on Wednesday, led by energy stocks, as crude prices fell, while a drop in high weightage financials after a recent rise capped gains. The NSE Nifty 50 index (.NSEI) was up 0.23% at 19,451.10 as of 10:07 a.m. IST, while the S&P BSE Sensex (.BSESN) rose 0.14% to 65,027.13. "Moderation in U.S. bond yields, positive earnings and a drop in crude oil prices are positive for the markets," said analysts at Centrum Institutional Research. Ten of the 13 major sectors rose, with energy (.NIFTYENR) and oil & gas (.NIFYOILGAS) rising 0.5% and 1%, respectively. ICICI Bank (ICBK.NS), SBI Life Insurance (SBIL.NS), Bajaj Finance (BJFN.NS), Kotak Mahindra Bank (KTKM.NS) were among the top Nifty 50 losers, shedding between 0.3% and 0.8%.

Persons: Francis Mascarenhas, Powell, Brent, Bharath Rajeswaran, Dhanya Ann Thoppil, Sohini Goswami, Nivedita Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, BSE, Centrum Institutional Research, Bharat Petroleum Corporation, ICICI Bank, SBI Life Insurance, Bajaj Finance, Kotak Mahindra Bank, Wall, U.S, Treasury, Nasdaq, Apollo Tyres, Prestige Estate, Thomson Locations: Mumbai, India, China, Bengaluru

☆ India’s gamified equities are a wake-up call
▼ + stars: | 2023-11-08 | by ( Pranav Kiran | ) www.reuters.com time to read: +4 min

The result is an acceleration of Indian savings away from gold and real estate into financial products. However, it is also leading to what Ashish Gupta, chief investment officer at Axis Bank’s mutual fund, dubs “the gamification of Indian equities”. A frenzy for index options has driven up volume in the derivatives market to the tune of $4.3 trillion a day. Retail traders made up a higher share of equity derivatives turnover than their institutional counterparts on the National Stock Exchange between 2017 and 2021. Whatever the fix, it’s a reminder that India’s digital leapfrog which other developing countries are urgently trying to replicate has a dark side too.

Persons: Francis Mascarenhas, Ashish Gupta, Gupta, weren’t, Ananth Narayan, SEBI, Nithin Kamath, Zerodha, Lalit Keshre, Una Galani, Thomas Shum Organizations: Bombay Stock Exchange, REUTERS, Rights, Reuters, National Stock Exchange, Tiger, Securities, Exchange Board of India, Thomson Locations: Mumbai, India, U.S

☆ For global banks, India could soon be worth it
▼ + stars: | 2023-11-07 | by ( Pranav Kiran | ) www.reuters.com time to read: +5 min

The hot new business class ticket within Asia is in fact, Hong Kong to Mumbai. Before the pandemic, more than half of the Asian top line of U.S. bulge bracket banks typically came from Greater China which includes the mainland, Hong Kong, Macau and Taiwan. Overall, IPO fees in India have risen from 1% of proceeds in 2017 closer to 2% in recent years, LSEG data shows. Hong Kong bankers are not going to relocate to India any time soon but while they wait out a slow and uncertain recovery in China activity, the trip to India looks increasingly worthwhile. Proceeds from initial public offerings in India amounted to $3.8 billion across 172 deals as of Oct. 24, according to LSEG data.

Persons: Goldman Sachs, Morgan Stanley, Banks, Mukesh Ambani, Bhavish, Ola, What’s, Gaurav Trehan, Blackstone, Amit Dixit, David Solomon, James Gorman, Citigroup's Jane Fraser, Noel Quinn, Bill Winters, Una Galani, Thomas Shum Organizations: Reuters, UBS, Insurance, JPMorgan, Citigroup, Reliance Industries, KKR, Bank of America, Global Financial, Investment, Hong Kong Monetary Authority, Offshore, Thomson Locations: BENGALURU, Hong Kong, China, Asia, Mumbai, Greater China, Macau, Taiwan, Beijing, Washington, India, United States, Offshore China

☆ FPI selloff in Indian shares hits nine-month high in October - NSDL data
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

BENGALURU, Nov 6 (Reuters) - Foreign portfolio investors (FPIs) sold Indian equities worth 245.48 billion rupees ($2.95 billion) in the month of October, the most in nine months, data from the National Securities Depository (NSDL) showed. WHAT FPIs SOLD IN OCTOBERFinancials witnessed the most FPI selling in October to the tune of 118.04 billion rupees. FPIs had bought shares worth 555.79 billion rupees in the sector between April and July. Information Technology (IT) stocks saw outflows worth 32.62 billion rupees, amid weak results, elevated U.S. Treasury yields and rate concerns in the U.S. ($1 = 83.1810 Indian rupees)Reporting by Bharath Rajeswaran in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Reuters Graphics FPIs, Pramod Gubbi, Financials, FPIs, Bharath Rajeswaran, Nivedita Organizations: National Securities Depository, Reuters Graphics, Treasury, Marcellus Investment Management, Information Technology, U.S ., U.S, Reuters, HSBC, Thomson Locations: BENGALURU, India, U.S, Bengaluru

☆ Is Sam Altman bad at typing? A short investigation.
▼ + stars: | 2023-11-06 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

In the keynote of OpenAI's DevDay event, CEO Sam Altman demoed ChatGPT's new custom GPT feature. Is it possible Sam Altman needs Mavis Beacon? AdvertisementAdvertisementOpenAI held its DevDay conference on Monday, with CEO Sam Altman giving a highly-anticipated keynote address in the wake of its huge success with ChatGPT. As Altman typed into the ChatGPT box, he made … typos. I recognize my own kind, and I smell it all over Sam Altman: He's a bad typist.

Persons: OpenAI's, Sam Altman demoed, Sam Altman, Mavis Beacon, —, ChatGPT, Altman, Satya Nadella, He's Organizations: Service, Microsoft

12 Notre Dame 31-23 to end a disheartening two-game losing streak Saturday. Notre Dame drew within one score on Sam Hartman's 26-yard scramble score. Four times after that, the Tigers downed punts inside the Notre Dame 15 — including a nifty quick kick by quarterback Cade Klubnik — and the Irish (7-3, No. Notre Dame got a last chance when Mafah fumbled with 1:47 to go on its own 22. The loss continued the nightmarish Clemson experience of Notre Dame's Hartman, who's teams were 0-5 vs. the Tigers while at Wake Forest.

Persons: Phil Mafah, Will Shipley, “, ”, Dabo Swinney, Mafah, Notre Dame, Sam Hartman's, Cade Klubnik —, Hartman, Swinney, Frank Howard, Notre Dame's Hartman, who's, Klubnik, Tyler Brown, Jeremiah Trotter Jr, Clemson, Shipley, ___ Organizations: CLEMSON, Clemson, Notre Dame, The Tigers, Notre, Tigers, Wake, North Carolina State, ACC, Fighting, Georgia Tech, AP Locations: S.C, “ Tyler, Spartanburg, Miami, Wake

☆ A minor ChatGPT update is a warning to founders: Big Tech can blow up your startup at any time
▼ + stars: | 2023-10-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

AdvertisementAdvertisementDid OpenAI just kill a bunch of startups by making a small update to ChatGPT? Specifically, he referred to "wrapper startups." AdvertisementAdvertisementIt isn't necessarily the case that founders who build AI wrapper businesses are doing this to exploit a weakness in ChatGPT. In May, data scientist Alex Reibman announced ChatOCR , a ChatGPT plugin that "reads text from PDFs, including scans and handwriting." Following the ChatGPT update at the weekend, he ran a poll on X that asked users what would happen to his plugin "now that ChatGPT has built in PDF processing."

Persons: —, Sam Altman's, ESFt7bpGyy — Rowan Cheung, OpenAI, Alex Reibman, they've Organizations: Big Tech, Service, Investors, ChatGPT, LinkedIn, Bessemer Venture Partners Locations: There's

☆ Indian shares open lower tracking Asian peers
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: 1 min

BENGALURU, Oct 30 (Reuters) - India's blue-chips opened lower on Monday after logging their worst week in over a month last week, while Asian peers were muted over the Middle East conflict. The NSE Nifty 50 index (.NSEI) was down 0.18% at 19,010.85 as of 9:17 a.m. IST, while the S&P BSE Sensex (.BSESN) fell 0.22% to 63,631.72. Reporting by Bharath Rajeswaran in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Bharath Rajeswaran, Eileen Soreng Organizations: NSE, BSE, Thomson Locations: BENGALURU, Bengaluru

☆ ‘Billions’ series finale review (SPOILERS): The Showtime drama settles all accounts with its final showdown
▼ + stars: | 2023-10-29 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Editor’s note: The following contains spoilers about the series finale of “Billions,” titled “Admirals Fund.”After seven twisty seasons, with more double and triple crosses than you can shake a stock certificate at, “Billions” successfully landed the plane (OK, private jet) with its series finale, in a satisfying finish that reassembled the key players and even gave them time to take individual bows. For a show with so much bite and venom, it was oddly sentimental in generally the best of ways. The final season found a way to raise the stakes above high finance, with billionaire Mike Prince (Corey Stoll) running for president, exhibiting enough problematic qualities and questionable beliefs to inspire those within in his inner circle to turn against him and try to thwart his bid. If it wasn’t quite the game of catch scene from “Field of Dreams,” for these purposes the point was much the same. The “Billions” finale is playing on Paramount+ and will premiere October 29 on Showtime.

Persons: Mike Prince, Corey Stoll, Prince, immeasurably, Damian Lewis, Bobby “, ” Axelrod, Chuck Rhoades, Paul Giamatti, Jeffrey DeMunn, Chuck, “, Brian Koppelman, David Levien, Bobby, Wendy, Maggie Siff, Mike “ Wags ” Wagner, David Costabile, ”, Steve Miller Organizations: “, Showtime, Paramount

☆ Metals lead rise in Indian shares amid global rebound
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: 1 min

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File photo Acquire Licensing RightsBENGALURU, Oct 25 (Reuters) - Metals led Indian shares higher amid a rebound in global stocks, as U.S. Treasury yields eased and crude oil prices moderated below $90 per barrel. The NSE Nifty 50 index (.NSEI) was up 0.25% at 19,329.35 as of 9:16 a.m. IST, and the S&P BSE Sensex (.BSESN) rose 0.28% to 65,744.08. Reporting by Bharath Rajeswaran in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Eileen Soreng Organizations: Bombay Stock Exchange, REUTERS, Rights, Metals, Treasury, NSE, BSE, Thomson Locations: Mumbai, India, Bengaluru

It’s a message ringing clear at the Tokyo Mobility Show, which will run through Nov. 5 at Tokyo Big Sight hall and where battery-powered electric vehicles are the star at practically every booth. Toyota Motor Corp.’s lean angular Lexus concept, set to go on sale in 2026, is an electric vehicle running on lithium-ion batteries. That is partly because of Toyota’s past success in hybrids, exemplified in the Prius, which have a gasoline engine in addition to an electric motor. In China, a third of vehicles sold are EVs. Nissan, an early EV maker among the Japanese with its Leaf going on sale in 2010, is showcasing four EV concept cars.

Persons: —, ” Takero Kato, China's BYD, Kato, Tesla, EVs, Joe Biden, BYD, ” Kato, Joshua Cobb, ”, Cobb, Alfonoso Albaisa, ” Albaisa, De Souza, “, John de Souza, ___ Yuri Kageyama Organizations: TOKYO, Toyota, Tokyo Mobility, Mazda Motor Corp, Honda Motor, Toyota Motor Corp, Journalists, General Motors Co, Ford Motor Co, Benz, Subaru, Lexus, International Energy Agency, BMI, SAIC, GM, EV, Nissan, “, Manufacturers, Mitsubishi Fuso, Daimler, Mitsubishi Locations: Tokyo, Japan, U.S, China, San Francisco

Montgomery pitched five-hit ball over 6 1/3 scoreless innings and Taveras provided a two-run lead with his solo homer in the fifth. The playoff-tested Astros, in the ALCS for a seventh straight year, had a tough time getting anything going against Montgomery. Jose Leclerc struck out one in a perfect ninth for the save and the Rangers' second shutout of the playoff. John Jung singled with two outs, Taveras walked to load the bases and Verlander limited the damage by retiring Marcus Semien on a fly ball. Heim walked to open the seventh and a two-out single by Taveras chased Verlander.

Persons: — Jordan Montgomery, Leody Taveras, Justin Verlander, Montgomery, Taveras, Evan Carter, Slugger Yordan Alvarez, Verlander, he’s, Cy Young, Josh Sborz, Jose Altuve, Aroldis Chapman, Carter, Alex Bregman, Altuve, Alvarez, Jose Leclerc, Jonah Heim, John Jung, Marcus Semien, Martín Maldonado, Chas McCormick, Mauricio Dubónand Jeremy Peña, Montgomery wriggled, Maldonado, Heim, Hector Neris, Bregman, Framber Valdez, Nathan Eovaldi, Eovaldi, Nolan Ryan, “, ” Eovaldi, “ I’m, ” Organizations: HOUSTON, Houston Astros, Texas Rangers, The Rangers, Rays, Orioles, Toronto, Astros, Rangers, Verlander, MLB, Houston, Alvin High School, Hall of Fame Locations: Houston, Montgomery, Texas

Hunter led the Buffaloes with 13 catches for 140 yards and two touchdowns in his first game in nearly a month, and he collected five solo tackles on defense. Hunter celebrated his much-anticipated return to action with a 24-yard catch-and-run touchdown in the first quarter. When the Buffaloes started out on defense against Stanford (2-4, 1-3), Hunter received a big hug from his coach as he trotted out to play cornerback. When the Buffaloes forced a quick punt and got the ball for the first time, Hunter lined up wide right. Hunter returned to the game but later left to go to the hospital, where he was diagnosed with a lacerated liver.

Persons: Travis Hunter, Hunter, Cardinal, Elic Ayomanor, corralled Ashton Daniels, Deion Sanders didn't, Sanders, “, ” Ayomanor, Mitch Leigber, Stanford, Shedeur Sanders, Joshua Karty, Shedeur, Boulder . Hunter, Henry Blackburn, Blackburn, Hunter chimed Organizations: Stanford, Buffaloes, Colorado, Jackson State, Florida State, TCU, Nebraska, Rocky, Colorado State, Oregon, USC, Arizona State, UCLA, Folsom, Rams, Blackburn, AP Locations: BOULDER, Colo, Colorado, Boulder, Jackson, Florida, Mississippi, Boulder .

☆ ‘Best performing emerging market’: Analysts name stocks to cash in on India’s boom
▼ + stars: | 2023-10-13 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

"India has been the best performing Emerging Market in terms of USD returns at 8%, surpassing Brazil at 6%," they wrote. In terms of asset allocation, AllianceBernstein is overweight on financials, while allocating a small portion of this weight to utilities. Delhivery is another favorite stock, with a price target of 460 Indian rupees, giving it around 5% upside. Electricity generation company NTPC made the list for its opportunities in thermal, renewables and green hydrogen, the analysts wrote. The asset manager is overweight on the stock at 274 Indian Rupees representing an upside of almost 15% from its Oct. 11 close.

Persons: AllianceBernstein, Venugopal Garre, Zomato, NTPC, Paytm, it's, — CNBC's Michael Bloom Organizations: Stock, HDFC Bank, Jio Financial Services Locations: India, Brazil

☆ India's TCS skids on demand recovery worries after Q2 revenue miss
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] Figurines with computers and smartphones are seen in front of Tata Consultancy Services logo in this illustration, July 24, 2022. The poor results and commentary from India's largest IT services provider took the shine off TCS' $2 billion share buyback announcement, and also slammed shares of peers. TCS' revenue rose 7.9% to 596.92 billion rupees ($7.18 billion) in the September quarter, it said after market hours on Wednesday, but fell short of the analysts' estimates of 602.44 billion rupees. In the post-earnings press conference, TCS also hinted that there was no clear picture of when discretionary spends will return. TCS shares are currently down 1.5%, bringing year-to-date gains to 11.4%, compared with the IT index's 13% rise this year.

Persons: Dado Ruvic, Jefferies, Nomura, Ashna Teresa Britto, Janane Organizations: Tata Consultancy Services, REUTERS, Rights, India's Tata Consultancy Services, Infosys, TCS, Thomson

☆ Indian shares open marginally higher on oil pullback; IT stocks slip
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: 1 min

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsBENGALURU, Oct 12 (Reuters) - Indian shares opened marginally higher on Thursday as moderating oil prices boosted sentiment, while a slide in information technology (IT) stocks after Tata Consultancy Services' earnings capped gains. The NSE Nifty 50 index (.NSEI) was up 0.11% at 19,832.70 as of 9:16 a.m. IST, and the S&P BSE Sensex (.BSESN) rose 0.10% to 66,549.26. Reporting by Bharath Rajeswaran in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Bharath Rajeswaran, Varun Organizations: Bombay Stock Exchange, Sensex, REUTERS, Rights, Tata Consultancy Services, NSE, BSE, Thomson Locations: Mumbai, India, Bengaluru

☆ India's Bank of Baroda falls after RBI ban on adding new app customers
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

A woman walks past a signboard of Bank of Baroda outside their branch office in New Delhi, India, June 20, 2023. REUTERS/Anushree Fadnavis/File photo Acquire Licensing RightsBENGALURU, Oct 11 (Reuters) - Shares of Bank of Baroda (BOB.NS) fell nearly 4% on Wednesday, a day after the Reserve Bank of India stopped the state-run lender from adding customers to its mobile app citing "certain material supervisory concerns." Bank of Baroda will be allowed to onboard customers to its bob World app only after rectifying certain deficiencies, the RBI said on Tuesday, without giving any details about the issues. Bob World app has 8.1 million daily transactions, while 43% of time deposits are obtained through the app, the bank had said in its quarterly presentation in August. Shares of Bank of Baroda have underperformed the PSU bank index for the year so far, rising 12% compared to nearly 20% in the index.

Persons: Anushree, Suresh Ganapathy, Macquarie, Bob, Varun Organizations: Bank of Baroda, REUTERS, Rights, Reserve Bank of India, Macquarie, Sethuraman NR, Thomson Locations: New Delhi, India, BOB.NS, Bengaluru

☆ AI may force IT spending into economic decoupling
▼ + stars: | 2023-10-11 | by ( Pranav Kiran | ) www.reuters.com time to read: +3 min

BENGALURU, Oct 11 (Reuters Breakingviews) - Global CEOs are under pressure from investors to adopt generative artificial intelligence into their businesses. Outsourcers like $200 billion Accenture are sounding the alarm. Accenture sold $300 million in generative AI deals in the year to August, less than 1% of its $72 billion in total new bookings. Blackstone-backed Mphasis, a smaller firm, says one-third of its total contract value of $707 million for the quarter to the end of June was from “pure AI deals”. The full spectrum of how businesses can use generative AI is still emerging but there are obvious applications: customer support agents and coders are seeing productivity increases of 14% and 55% respectively.

Persons: ChatGPT, Julie Sweet, Una Galani, Thomas Shum Organizations: Reuters, Global, Accenture, Tata Consultancy Services, Infosys, HCL Technologies, Consulting, Gartner, Blackstone, Thomson Locations: BENGALURU, U.S, India

☆ OCD: Obsessive-compulsive disorder explained by experts
▼ + stars: | 2023-10-11 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

CNN —When someone likes things just so or always seems to have their home in perfect condition, others may say “he is so OCD.”But OCD — obsessive-compulsive disorder — isn’t a nifty personality trait of people who are organized. The condition is a disorder that can impact a person’s work, relationships and well-being, said Stephanie Woodrow, clinical director of the National Anxiety and OCD Treatment Center in Washington, DC. Obsessions and compulsionsIn basic terms, OCD is a mental health disorder experienced by people of all ages and populations, Antonelli said. “Taken together, ERP and medication are considered the ‘first-line’ treatments for OCD,” Antonelli said. To get help for someone with an OCD diagnosis, you can access resources from the International OCD Foundation or join support groups to get information and support, Antonelli said.

Persons: Stephanie Woodrow, Matthew Antonelli, ” Antonelli, Antonelli, Woodrow, Compulsions, “, “ That’s, “ You’re, ” Woodrow, ” Organizations: CNN, Washington , DC, SRI, International, Foundation Locations: Washington ,, Boston, It’s

☆ India's Adani Ports stock drops on Haifa port worries over Israel conflict
▼ + stars: | 2023-10-09 | by ( Sethuraman N R | ) www.reuters.com time to read: +2 min

Adani Ports is closely monitoring the conflict in Israel and is prepared with a business continuity plan, the company said in a statement. Haifa's contribution to Adani Ports' numbers is "relatively small" at 3% of the total cargo volume, the statement added. Shares of Adani Ports are down 2.1% this year, compared with nearly 8% gains in the broader Nifty 50 index (.NSEI). "The next couple of months are going to be volatile for Adani Ports as the war has just started and will trade with a negative bias ... Earlier in the year, Adani Ports completed the sale of its port in sanction-hit Myanmar for $30 million, significantly lower than its investment in the project.

Persons: Gautam Adani's, Adani, Avinash Gorakshakar, Indranil Sarkar, Dhanya Ann Thoppil Organizations: Hamas, Saturday, Ports, Profitmart Securities, Adani Ports, Adani Group, Sethuraman, Thomson Locations: BENGALURU, Israel, South Israel, Haifa, Haifa Port, Iran, Myanmar, Bengaluru

☆ India's TCS to consider share buyback next week
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Oct 6 (Reuters) - India's Tata Consultancy Services (TCS.NS) on Friday said it will consider a share buyback when its board meets next Wednesday to approve second-quarter financial results. TCS, India's largest information technology (IT) services firm, did not disclose the quantum of the buyback it was considering. It had last bought back shares worth 160 billion rupees ($1.92 billion) in 2020. The buyback comes at a time Indian IT services companies are grappling with an uncertain demand environment, especially in the U.S., a key market for the sector. ($1 = 83.1740 Indian rupees)Reporting by Chris Thomas in Bengaluru; Editing by Savio D'Souza and Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Chris Thomas, Savio D'Souza, Varun Organizations: India's Tata Consultancy Services, TCS, Investors, Thomson Locations: BENGALURU, Indian, U.S, Bengaluru

☆ Indian IT firms set for "washout" year, focus now on 2025 - J.P.Morgan
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

Employees of Indian software company Infosys walk past Infosys logos at their campus in the Electronic City area in Bangalore September 4, 2012. REUTERS/Vivek Prakash/File Photo Acquire Licensing RightsBENGALURU, Oct 5 (Reuters) - J.P.Morgan analysts expect investors to parse upcoming second-quarter results and commentary from Indian IT companies for signs of recovery in deal signings in fiscal 2025 following a "washout" year. The focus for this quarter's earnings reports will be on deal signings as well as the split of new deals versus renewals to assess fiscal 2025 growth, the analysts said. J.P.Morgan expects high single-digit earnings growth, in percentage terms, for large-cap IT companies in fiscal 2025, while market expectations are for double-digit growth. Nonetheless, J.P.Morgan upgraded Infosys (INFY.NS) to "neutral" from "underweight" saying lower expectations were baked in and its large deal wins give visibility into fiscal 2025.

Persons: Vivek Prakash, Ankur Rudra, Bhavik Mehta, Rudra, Mehta, Navamya Ganesh, Savio D'Souza, Janane Organizations: Indian, Infosys, REUTERS, Rights, TCS, Wipro, J.P.Morgan, Thomson Locations: Electronic, Bangalore, Indian, Bengaluru

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