Posts in category Economic Times
Warner Bros Discovery Q1 Results: Company misses Wall Street estimates on weak advertising market (09-05-2024)
Warner Bros Discovery missed Wall Street estimates for first-quarter revenue on Thursday, weighed down by a weak advertising market and strike-related delays at its studio segment.
Relaxo Footwears Q4 Results: Net profit falls 3% YoY to Rs 61 crore (09-05-2024)
Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.
Sebi proposes to cut trading lot size of privately placed InvITs to boost investors’ participation (09-05-2024)
Markets regulator Sebi on Thursday proposed to drastically reduce the trading lot size of privately placed infrastructure investment trusts (InvITs) to Rs 25 lakh in a bid to boost investors' participation and increase liquidity of such investment vehicles.
Sebi proposes easing disclosure rules for non-convertible securities issuance (09-05-2024)
To promote ease of doing business for issuance of non-convertible securities, Sebi on Thursday proposed removing the requirement to disclose the PAN and personal address of issuers' promoters in the offer document along with other relaxations in disclosure guidelines.
Canada fines Binance $4.38 mln for money laundering violations (09-05-2024)
Canada's anti-money laundering agency on Thursday said it had imposed a nearly C$6 million ($4.38 million) fine on cryptocurrency exchange Binance for violating the money laundering and terrorist financing laws.
Arm shares fall 6% as tepid forecast takes shine off AI optimism (09-05-2024)
Shares of Arm Holdings fell 6% on Thursday as the chip designer's downbeat annual revenue forecast cooled some of the enthusiasm around the stock following its AI-powered jump in recent months.
Airbnb slumps over 6% as gloomy Q2 forecast fans slowdown fears (09-05-2024)
Airbnb shares tumbled more than 6% in early trading on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the shine off a strong quarterly profit beat.
Shanthi Gears Q4 Results: Company reports PAT at Rs 25.68 cr vs Rs 19.47 crore a year ago (09-05-2024)
Shanthi Gears Ltd has recorded a profit after tax of Rs 25.68 crore, for the quarter ending March 31, 2024, the Tamil Nadu-based company said on Thursday.
Godrej Agrovet Q4 Results: Net profit jumps almost 3-fold to Rs 65 crore (09-05-2024)
Godrej Agrovet Ltd on Thursday posted close to a three-fold jump in consolidated net profit to Rs 65.48 crore in the March quarter on slightly higher sales and reduction in expenses. The company's net profit stood at Rs 23.47 crore in the same quarter previous fiscal, the company said in a regulatory filing.