Posts in category Business Standard
Japan Nikkei falls 0.13% on profit taking (13-05-2024)
The 225-issue Nikkei Stock Average index fell by 49.65 points, or 0.13%, to finish at 38,179.46. The broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 4.13 points, 0.15%, to 2,724.08.
Nifty slides below 22,000; European Mkt opens higher (13-05-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex, slipped 339.34 points or 0.46% to 72,327.85. The Nifty 50 index fell 85.70 points or 0.39% to 21,969.50.
Mphasis Ltd drops for fifth straight session (13-05-2024)
Mphasis Ltd is quoting at Rs 2225.55, down 0.25% on the day as on 13:19 IST on the NSE. The stock jumped 19.33% in last one year as compared to a 19.67% rally in NIFTY and a 16.94% spurt in the Nifty IT index.
Neuland Labs plunges over 14% on weak Q4 performance; Profit, margins drop (13-05-2024)
Neuland Labs total income fell by 6 per cent year on year (YoY) to Rs 390 crore in Q4FY24 as against Rs 415 crore in Q4FY23
Airtel collaborates with Google Cloud to power its cloud-based solutions business (13-05-2024)
The two companies will bring together their unique strengths of connectivity and AI technology to develop industry-leading AI/ML solutions that Airtel will train on its large data set. These unique
solutions will drive greater value to Airtel's customers and will include geospatial analytics solutions with advanced location intelligence for trend-spotting, predictive capabilities, market assessment, site selection, risk management, and asset tracking; voice analytics solutions for
superior conversational applications trained across languages; and marketing technology solutions to forecast consumer behavior, perform tailored audience segmentations, and streamline content creation with high-precision contextual ads at reduced costs.
Varun Beverages Q1 PAT climbs 25% YoY to Rs 548 cr (13-05-2024)
Varun Beverages said that its consolidated net profit jumped 24.9% to Rs 547.98 crore in Q1 CY24 as compared with Rs 438.57 crore in Q1 CY23.
M&M production climbs 19% YoY in April’24 (13-05-2024)
Mahindra & Mahindra said that its total production jumped 19.02% to 70,025 units in the month of April 2024 as compared with 58,830 units produced in the same period last year.
SpiceJet commences daily non-stop flights from Delhi to Phuket (13-05-2024)
This new service will complement the airline's existing operations to Bangkok from Kolkata and Delhi.
Hindustan Petroleum Corporation announces appointment of Govt. Director (13-05-2024)
With immediate effect
Sapphire Foods slips after Q4 PAT slumps 98% YoY (13-05-2024)
Sapphire Foods India declined 3.89% to Rs 1363.80 after the company's consolidated net profit tumbled 98.2% to Rs 2.39 crore in Q4 FY24 as compared with Rs 135.59 crore recorded in Q4 FY23.