News Overview

On 26 May 2022

Bajaj Electricals reported 28.7% fall in consolidated net profit to Rs 39 crore despite a 6% rise in net sales to Rs 1,293.26 crore in Q4 FY22 over Q4 FY21.

Zydus Wellness rose 2% to Rs 1633.35 after the company reported 0.13% rise in consolidated net profit to Rs 133.30 crore on 5.73% increase in net sales to Rs 635.19 crore in Q4 FY22 over Q4 FY21.

The latest Labour Force Survey (LFS) estimates for January to March 2022 show that over the quarter there was a decrease in the unemployment rate in UK, while the employment and inactivity rates increased.The UK employment rate increased by 0.1 percentage points on the quarter to 75.7% but is still below pre-coronavirus (COVID-19) pandemic levels. The unemployment rate for January to March 2022 decreased by […]

LTI’s Google Cloud Business Unit will develop state-of-the-art IP, industry specific solutions, and accelerators with a dedicated team of Google Cloud architects addressing transformation needs for clients across the world.

IRB Infrastructure Developers rose 1.13% to Rs 215.50 after the company said its toll revenue increased to Rs 327.04 crore in April 2022 as against Rs 306.66 crore in March 2022.

Japans machine tool order growth eased for the third straight month in April, as per the preliminary data from the Japan Machine Tool Builders Association. Machine tool orders grew 25.0 percent year-on-year in April, slower than the 30.0 percent rise in March. Orders have been increasing since November 2020. Domestic orders grew 47.5 percent in April from a year ago and foreign demand rose 15.8 […]

The key equity indices further extended gains and hit a fresh intraday high in afternoon trade. The Nifty was trading above the 16,100 mark. All the sectoral indices on the NSE were currently trading in the green. At 13:21 IST, the barometer index, S&P BSE Sensex was up 1004.22 points or 1.90% to 53,978.06. The Nifty 50 index rose 308.35 points or 1.95% to 16,150.65. […]

Indoco Remedies jumped 8.90% to Rs 361.10 after the company reported 62.1% rise in standalone net profit to Rs 40.4 crore on a 35.8% increase in net revenues to Rs 400.3 crore in Q4 FY22 over Q4 FY21.

Business Wire India S21sec and Excellium are two major players in cybersecurity consulting, integration and managed services in Europe With this acquisition, Thales accelerates its cybersecurity development roadmap and expands its footprint in Spain, Portugal, Luxembourg and Belgium S21sec and Excellium employ 546 people and generated sales of 59 million euros in 2021.   Thales (Euronext Paris: HO) announces today the signature of a definitive […]