Technology Firms Stocks
Black Box reports Rs 32 crore profit after tax in July-September quarter
Sustained momentum in new project bookings to the tune of $80 million during the quarter leads to a robust order backlog, said a company statement
 "Black Box reports Rs 32 crore profit after tax in July-September quarter")
Redington sinks 6% amid weak June quarter results
Redington reported a 21.2 per cent year-on-year decline in consolidated net profit at Rs 248.8 crore in Q1FY24. Ebitda margin fell 100bps YoY to 2 per cent
 "Redington sinks 6% amid weak June quarter results")
South Korea's KB Group invests $100 mn in Elev8 Venture Partners Fund
Financing will help Elev8 identify investment opportunities in Indian technology companies
 "South Korea's KB Group invests $100 mn in Elev8 Venture Partners Fund")
Zensar Tech climbs 6% on entering into a partnership with Claimatic
On a year-to-date basis, Zensar is up 15.63 per cent as against a gain of 4 per cent in Sensex
 "Zensar Tech climbs 6% on entering into a partnership with Claimatic")
Is India's richest man Mukesh Ambani betting on US-China tech war?
US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate
 "Is India's richest man Mukesh Ambani betting on US-China tech war?")
Big tech firms and political risk
Technology firms fear govt regulation and need to mould public opinion to protect themselves
 "Big tech firms and political risk")
