ORBIT MULTIMEDIA LTD Q2 RESULTS
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TCS Q4 net profit up 9%; two partners leave Lightspeed
Revenue from operations saw a marginal 3.5% year-on-year increase to Rs 61,327 crore. In constant currency terms, TCS clocked a revenue growth of 2.2% in the March quarter. The growth was led by the India business (up 38%), followed by the UK (6.2%).
NASA's James Webb Telescope discovers potentialy habitable world over 8 times bigger than Earth
Using NASA's James Webb Space Telescope, astronomers have discovered an Earth-like exoplanet located millions of light years away that could potentially support life. The planet, named K2-18b, is eight times larger than Earth and has the molecule Dimethyl Sulphide (DMS) in its atmosphere, which is typically associated with environments conducive to sustaining life. The presence of methane, carbon dioxide, and water further suggests the potential for life.
IT stocks having their own Chandrayaan-3 moment. Did you miss the fineprint in Q1 results?
While TCS' June quarter numbers did not lead to upgrades, HCL Tech's figures were an all-round miss and Wipro's weak guidance drew bearish comments. But stock prices have another story to tell. Led by 7% weekly jump in Infosys and 5.6% rise in TCS, Nifty IT index ended last week higher by 4.7%.
Nazara Tech Q4 Results: Cons PAT rises 18% YoY to Rs 2.6 crore, sales jump 65%
For FY23, the consolidated net profit rose nearly 39% YoY to Rs 39.4 crore, and revenue grew 76% to Rs 1,091 crore.
Coal India Q4 Results: Profit declines 18% YoY to Rs 5,528 crore, dividend declared at Rs 4/share
Coal India Q4 Results: Its revenue from operations stood at Rs 38,152 crore in Q4 FY23, up 17% YoY as compared to Rs 32,709 crore in Q4 FY22.
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Q4 results this week: HDFC, Adani Enterprises, Tata Steel, Titan, Varun Beverages, others
Mixed Q4 earnings season so far with IT companies disappointing, but strong results from financial and banking sector helped markets. Investors will track corporate earnings and global trends to gauge market direction. This week, Adani Enterprises, Titan Company, HDFC, TVS Motor, Hero MotoCorp, Tata Steel, and several other companies will announce their results. Notable companies announcing include Tata Steel, Titan Company, HDFC, Adani Enterprises, TVS Motor, Hero MotoCorp, Britannia Industries, and Marico.
8 Nifty stocks perilously close to 52-week low levels. Will buy-the-dip mantra work?
At least 8 of the 50 stocks in India's Nifty50 index are dangerously close to their 52-week low levels, according to analysis. Infosys, the Indian IT company, is the closest to its 1-year low, just 4% away from its Rs 1,185 ($15.76) mark. A total of four IT stocks feature in the list, which analysts said were among the worst affected sectors, affected by domestic and global headwinds.
Sensex jumps over 150 pts; Nifty above 17,650; ICICI Bank up 2%
The BSE Sensex was trading 167.73 points or 0.28% higher at 59,822.79. Nifty50 was trading at 17,665.90, up 41.85 points or 0.24% at around 9.20 am.
Wall Street ends sharply lower as Powell warns inflation fight continues
Gains pared during Powell's remarks and Q&A session in which he vowed to use all available tools to keep the banking system sound, but reiterated the central bank's commitment to reining in inflation.
Researchers find building block of RNA, vitamin B3 in sample taken from near-Earth asteroid Ryugu; Details here
Samples obtained from the near-Earth asteroid Ryugu by Japan's Hayabusa2 mission have been found to contain organic molecules.
Weekly Top Picks: 7 stocks with consistent score improvement and upside potential of up to 55%
In the last month of high volatility and repeated attacks by bears, while the nifty has corrected, there are still some pockets where stocks have seen an improvement in their analysts' score. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Zomato deep in red, but exudes optimism; TikTok fires entire India staff
Zomato is unperturbed by losses widening in the December quarter. The Deepinder Goyal-led food delivery app has reasons to feel confident as consolidated revenue from operations has surged 75% to Rs 1,948 crore.
Govt may seek deals for India-made chips; Google denied relief on second CCI order
Discussions are likely to be held with countries that don’t have extensive semiconductor manufacturing capacities and currently procure chips from nations such as China and Taiwan.
Amazon to deliver third-party ecomm orders; ETSA winners to receive awards on Nov 19
This will make the US ecommerce major a direct rival to new-age logistics firm Delhivery, Xpressbees, Ecom Express and Flipkart's Ekart, which recently started onboarding external merchants to ship non-Flipkart orders.
Corporate Radar: Ruchira Papers to trade ex-bonus; TCS earnings & more
Further, a couple of board meetings including that of Easy Trip, Eighty Jeweller, Gita Renewable, Medico Intercontinental, Khyati Multimedia, Mirch Tech, Regency Fincorp, Vegetable Products, Garnet International will be held today.
Best room heaters under 5000
To get the feeling of comfort and warmth during chilly months in your home, you need a room heater in your modest dwelling. Depending on your family's demands, choose the best room heater under 5000.
Boeing reports Q2 profit but misses Wall Street expectations
Revenue from Boeing's normally steady defense business fell 10% in a year, and it took charges totaling $240 million for an unmanned refueling plane being developed for the Navy and its Starliner spacecraft, which is designed to ferry crews to the International Space Station.
US firms flag ‘conflict of interest’ in India appeals panel; startups to meet with govt panel on Thursday
Two US tech lobbies – representing Meta, Google, Twitter and others – have expressed concern that the panel may not be independent since the government will control its formation
Radio Mirchi Posts Q3 Net of ₹10.6 crore
Total revenue from operations was at ₹145.7 crore while expenses were at ₹134.9 crore.
Nubia N2 review: An attractive phone with a powerful battery
As for the display, it is quite surprising to get an amoled display at this price.
Technologically a fruitful year for ISRO (2016 in Retrospect)
Chennai, Dec 21 (IANS) The year 2016 was a bag of mixed fortunes for the Indian Space Research Organisation (ISRO) with successes on the technological front and setbacks on the legal front.
With all this potential, India should've been logging 9% GDP growth: Rana Kapoor, Yes Bank
"To me, October 2011, when the GDP fell below 6%, was a very big red flag. 7%-plus marks a big departure from that scenario."
Radico Khaitan Q2 profit up 25% at Rs 19 crore
Liquor firm Radico Khaitan posted a 25.01 per cent rise in net profit at Rs 18.64 crore for the second quarter ended September 30.
How to trade Tata Consultancy Services ahead of Q2 results
As long as TCS holds Rs 1,900 levels, the medium term trend for the stock remains on the upside and investors can look at accumulating the stock on the dips.
Cost management will drive margins in H2 FY12: ENIL
The second part is that you have to keep a very tight control on costs and fortunately for us we have kept it even through the boom year of last year.
Q&A: Realty
Raisina Residency is a prime residential property and shall always have good demand. The infrastructure in Gurgaon is improving gradually.
Realty companies on a stronger wicket in Q3
Commercial and retail segments are seeing signs of a recovery but there’s nothing that firmly signals an upward trend. Top 5 picks of the day I Mid term picks of the day
Sharekhan Picks: Ipca Laboratories, Orbit Corporation
Sharekhan has retained their positive stance on Ipca Laboratories and maintained ‘buy’ call with a price target of Rs 875.
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