Dividend stocks: Marico, DB Corp, Sonata Software, 6 others to trade ex-dividend today

Dividend stocks 2023: Shares of DB Corp Ltd, Marico Ltd, Oriental Carbon & Chemicals Ltd, Siyaram Silk Mills Ltd, Sonata Software Ltd, Supreme Industries Ltd, Transport Corporation of India Ltd, Vaibhav Global Ltd, and Venus Pipes & Tubes Ltd will be in focus when the stock market opens today.

The board of directors of these companies have declared dividends for their eligible shareholders.

DB Corp Ltd has declared an interim dividend of Rs 2 per share, the Marico Ltd board has declared a Rs 3 per share interim dividend, Oriental Carbon & Chemicals Ltd has declared an Rs 7 per

Newgen Software share price rallies over 4% after Jefferies raises target

Newgen Software Technologies share price rallied over 4% on Monday after foreign brokerage firm Jefferies raised target price on the stock. Newgen Software shares gained as much as 4.16% to 1,474.00 apiece on the BSE.

Jefferies maintained a ‘Buy’ rating on Newgen Software Technologies and raised the target price to 1,740 per share, based on 35x PE, implying a PEG of 1.3x, from earlier 1,275.

The brokerage said it was more confident on Newgen’s growth outlook and raised its revenue estimates by 2-3% and EPS estimates by 2-4%.

“We expect Newgen to deliver a strong 26% EPS

Unity Software to lay off 1,800 employees, 25% of staff

Pavlo Gonchar | Lightrocket | Getty Images

Unity Software said Monday that it’s cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. The stock jumped almost 5% in extended trading.

Unity said in a regulatory filing that the cuts were part of a corporate restructuring plan. The company told investors in November that it would implement a “comprehensive assessment” of its product portfolio and conduct a financial evaluation that would “likely include discontinuing certain product offerings, reducing our workforce, and reducing our office footprint.”

In the filing, Unity said

Turquoise Health Raises $30M for its Price Transparency Software

price transparency

Hospitals’ compliance with price transparency laws has increased In the past year, with most hospitals currently displaying the cost data they need to in order to comply significantly with the regulations. That wasn’t always the case, though. Hospitals had a difficult time meeting CMS’ price transparency requirements during the first two years they were enforced — a JAMA study published a year and a half after the rule went into effect showed that fewer than 6% of US hospitals were fully compliant.

To achieve compliance, many health systems have turned to technology vendors for assistance. One of these vendors —

IBM expands its software portfolio to India and 92 other nations in AWS Marketplace | Technology News

Tech giant IBM has announced that it is expanding its software portfolio globally to 92 countries in AWS Marketplace. For the uninitiated, AWS Marketplace is a digital catalog that features thousands of software listings from independent software vendors or (ISVs) making it easier to search, test, purchase, and deploy software that runs on Amazon Web Services (AWS).

This expansion beyond Denmark, Germany, France, the UK, and the US will make it easy for clients to streamline purchasing and create new efficiencies. Based on a recent study by Canalys, cloud marketplaces like AWS continue to emerge as the fastest-growing route to

Sonata Software dividend, bonus date announced—check out record date, payment date

Sonata Software dividend record date, Sonata Software dividend payment date, Software bonus news: Sonata Software announced on Wednesday, October 25, a 700 per cent dividend payout and a bonus issue for its shareholders, along with its September quarter earnings, post-market hours. Sonata Software declared an interim dividend of Rs 7 per share of a face value of Rs 1, i.e., a 700 per cent payout for the financial year 2023–24.

Sonata Software dividend record date

The record date for the purpose of payment of the interim dividend has been fixed as November 7, 2023.

Sonata Software dividend payment date

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NVIDIA Brings Generative AI to Millions, With Tensor Core GPUs, LLMs, Tools for RTX PCs and Workstations

Leading AI Platform Gets RTX-Accelerated Boost From New GeForce RTX SUPER GPUs, AI Laptops From Every Top Manufacturer

CES — NVIDIA today announced GeForce RTX SUPER desktop GPUs for supercharged generative AI performance, new AI laptops from every top manufacturer, and new NVIDIA RTX-accelerated AI software and tools for both developers and consumers.

Building on decades of PC leadership, with over 100 million of its RTX GPUs driving the AI ​​PC era, NVIDIA is now offering these tools to enhance PC experiences with generative AI: NVIDIA TensorRT acceleration of the popular Stable Diffusion XL model for text-to-image workflows, NVIDIA RTX

Is Constellation Software (TSE:CSU) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. Importantly, Constellation Software Inc. (TSE:CSU) does carry debt. But the more important question is: how much risk is that debt creating?

When Is Debt Dangerous?

Debt and other liabilities become risky for a business when it cannot easily fulfill those obligations, either with