Posts in category Economic Times
National Grid to raise $9 bln in biggest UK rights issue since 2009 (23-05-2024)
National Grid's 7 billion pounds rights issue for energy networks aligns with UK's decarbonisation goal. CEO John Pettigrew assures stable regulatory framework. Shares drop over 10% amid political risk concerns in the sector.
Gold slips to over one-week low on hawkish Fed, US data (23-05-2024)
Gold prices fell on Thursday due to concerns over U.S. rate cut timings and strong U.S. business activity, with spot gold declining 1.4% to $2,346.07 per ounce. This was its lowest since May 14, as of 1557 GMT.
Gold slips to over one-week low on hawkish Fed, US data (23-05-2024)
Gold prices fell on Thursday due to concerns over U.S. rate cut timings and strong U.S. business activity, with spot gold declining 1.4% to $2,346.07 per ounce. This was its lowest since May 14, as of 1557 GMT.
Hargreaves Lansdown’s biggest shareholder open to take company private, say sources (23-05-2024)
Peter Hargreaves rejects a 4.67 billion pound takeover bid from CVC Advisers and Abu Dhabi Investment Authority, deeming it undervalued.
Hargreaves Lansdown’s biggest shareholder open to take company private, say sources (23-05-2024)
Peter Hargreaves rejects a 4.67 billion pound takeover bid from CVC Advisers and Abu Dhabi Investment Authority, deeming it undervalued.
Oil falls for fourth straight session, US demand in focus (23-05-2024)
Oil prices fell on Thursday for the fourth session in a row, as the prospect of higher-for-longer U.S. interest rates raised worries around demand growth in the world's biggest oil market.
Zaggle Q4 Results: Net profit jumps to Rs 19 crore (23-05-2024)
SaaS fintech platform Zaggle Prepaid Ocean Services on Thursday said its consolidated net profit more than doubled to Rs 19.15 crore in the March 2024 quarter. The company had reported a net profit of Rs 7.56 crore in the year-ago period, according to a regulatory filing.
Fortis Healthcare Q4 Results: Net profit jumps 47% YoY to Rs 203 crore (23-05-2024)
Fortis Healthcare Ltd on Thursday reported a 46.88 per cent increase in consolidated net profit at Rs 203.14 crore in the fourth quarter ended March 2024 on the back of higher revenue from its core business.
ICRA Q4 Results: Net profit jumps 22% YoY to Rs 47 crore (23-05-2024)
Its firm growth in the core rating business drove the firm’s performance amid healthy demand for credit in the economy. Sequentially, the firm’s net profit registered a sharper increase, rising 45% from Rs 32.41 crore in the October-December quarter.
Boeing now sees negative free cash flow in 2024 as deliveries remain sluggish (23-05-2024)
Boeing will burn rather than generate cash in 2024 and deliveries aren't expected to increase in the second quarter, the company's finance chief said Thursday, as the U.S. planemaker grapples with a full-blown crisis that is weighing on production of its strongest-selling aircraft.