At 13:30 IST, the barometer index, the S&P BSE Sensex, shed 32.37 points or 0.04% to 80,049.48. The Nifty 50 index lost 39.10 points or 0.16% to 24,396.40.
Posts in category Business Standard
LTTS collaborates with NVIDIA to unveil AI-driven Experience Zone at its design hub in Bengaluru (24-10-2024)
L&T Technology Services announced the grand opening of its state-of-the-art LTTS Experience Zone at its design hub in Bengaluru benefitting customers in segments like Mobility and Tech. This AI-driven LTTS Experience Zone, leveraging the NVIDIA AI platform, is set to serve clients in the Mobility and Tech segments. The LTTS Experience Zone offers an immersive environment where visitors can engage with live demonstrations, interactive displays and expert consultations. It showcases the transformative power of NVIDIA AI, pushing the boundaries of AI-driven technologies to address complex challenges in critical sectors.
HUL drops after Q2 PAT slides 4% YoY to Rs 2,612 cr; board OKs to separate ice cream biz (24-10-2024)
Hindustan Unilever (HUL) tumbled 6.46% to Rs 2486.35 after the company reported 3.86% decline in standalone net profit to Rs 2,612 crore on 1.94% increase in revenue from operations to Rs 15,319 crore in Q2 FY25 over Q2 FY24.
Here’s why Adani Power share price is buzzing in trade on October 24 (24-10-2024)
Adani Power shares rose after the company announced that its board of directors will meet on October 28, to consider raising funds worth up to Rs 5,000 crore via non-convertible debentures (NCDs)
FMCG index slips 3% on weak Q2 results; HUL tanks 8%, Nestle hits 52-wk low (24-10-2024)
In the past one month, the FMCG index has tanked nearly 11 per cent, as against 6 per cent decline in the BSE Sensex.
Netweb expands its range of NVIDIA MGX platform based servers (24-10-2024)
NETWEB announced an expansion to its range of NVIDIA MGX platform based servers. India’s first Make in India’ Tyrone servers, incorporating NVIDIA MGX-based Grace and NVIDIA GH200 GraceHopper Superchips, will be offered by Netweb for off-prem and on-prem AI cloud infrastructure. This will be combined with allied software and services for generative AI and scientific innovations. Netweb currently designs and manufactures more than ten models under its flagship Tyrone range of NVIDIA MGX AI systems.
Hindustan Zinc Ltd up for third consecutive session (24-10-2024)
Hindustan Zinc Ltd is quoting at Rs 534, up 1.97% on the day as on 12:49 IST on the NSE. The stock is up 78.18% in last one year as compared to a 27.62% jump in NIFTY and a 42.94% jump in the Nifty Metal index.
Why is Hindalco down 7%, logging sharpest 1-day fall since June? Details (24-10-2024)
Hindalco Industries’ shares saw a sharp fall on Thursday after Constellium, a peer of its subsidiary Novelis, reported disappointing September quarter numbers
Zomato share price slips 3% as company clarifies hiking platform fees (24-10-2024)
Zomato said that hiking platform fees was not a rumor, as the source of information mentioned in the article is the Zomato mobile application itself.
CARE Ratings freezes higher after strong Q2 outcome (24-10-2024)
CARE Ratings hit an upper limit of 20% at Rs 1409.15 after the ratings agency’s consolidated net profit rose 31% to Rs 46.88 crore on 22% increase in revenue from operations to Rs 117.37 crore in Q2 September 2024 over Q2 September 2023.