The Q1 has typically been HCL's weakest margin quarter with the top line impacts which have also been seasonal in that sense and Q1 even in the previous two years has been around that 17%, which is where HCL landed up this quarter as well, says CFO Prateek Aggarwal. Typically, Q2 picks up to something like 18% and Q3 is the peak, which goes to 19% plus and then the Q4 again comes back to that same second-quarter level
DD Robocon India 2024: This year's theme, 'Harvest Day,' challenged robots to simulate planting rice seedlings and collecting seed balls for storage. The teams that successfully planted the most saplings were celebrated for their technical acumen and innovative solutions.
Aurobindo Pharma board meeting on July 18, 2024, to discuss share buyback. Stocks hit Rs 1,394, a record. First-ever buyback. Shares soared 86% in a year, 27.3% YTD.
A total of 2,156 shares changed hands on the counter till time (IST).
Earlier, the Pune Police had decided to take action against the Audi car that was used by the IAS officer Puja Khedkar, who was transferred from Pune to Washim in Maharashtra for misusing her authority.
The National Health Claims Exchange (NHCX) is a centralized platform developed by the government to streamline insurance claims processing. 33 health insurance companies have joined this platform, which aims to provide real-time claim status updates and enhance transparency in the process.
As NDA 3.0 prepares for the upcoming budget, Finance Minister Nirmala Sitharaman faces the task of balancing economic growth with political demands. Strong economic indicators allow for potential tax relief for the middle class and increased welfare spending.
The Hyderabad Consumer Forum has ordered Singapore Airlines to pay Rs 4.65 lakh for failing to check a family's Covid-19 vaccination certificates, causing them to be detained at Changi Airport. The family, from Banjara Hills, faced multiple issues, including flight cancellations and delayed luggage, prompting legal action. Despite the airline's defense, the forum ruled in favor of the complainant, citing negligence in service.
A total of 1,526,847 shares changed hands on the counter till 01:04PM (IST)
A day after the AAP claimed that Delhi Chief Minister Arvind Kejriwal had lost 8.5 kg in prison, Tihar jail sources on Monday said he had only lost 2 kg. The jail authorities also mentioned that he was being regularly monitored by a medical board from AIIMS.
Budget 2024 and Private Investment | Private consumption and investment are key concerns for Finance Minister Nirmala Sitharaman ahead of the Union Budget. Q1FY25 saw new private investment plans hit a 20-year low at Rs 44,300 crore. Despite recent nascent signs of recovery, sustainable long-term growth requires robust private investment and consumption, supported by continued government capex and policy certainty.
The cryptocurrency market surged after an assassination attempt on Trump at a Pennsylvania rally. Bitcoin rose 4.7% to $63,000, Ether 4.9% to $3,350, and other cryptos gained. Trump's pro-crypto stance, spotlighted in June, influenced markets. Biden challenges him. ZebPay reported increased BTC volume. Stablecoin volume hit $52.9 billion, boosting Polkadot and Shiba Inu.
The stock traded at a P/E multiple of 12.17, while the price-to-book value ratio stood at 1.18.
Bombay High Court intervenes to correct passport renewal rejection based on erroneous police report. Resident of Chembur gets justice after misunderstanding regarding civil case. Regional passport office instructed to reissue passport without further delay.
The India revenue jumped about 33% in the 12 months through March from $6 billion a year earlier, according to a person familiar with the matter. Apple’s pricey iPhones accounted for more than half of the sales, people in the know said. The increase signals steady progress in Apple’s effort to win users in the world’s most populous country, whose consumers are gradually gaining more purchasing power as the economy expands.
A total of 10,478 shares changed hands on the counter till time (IST).
Atos said the company had also secured interim financing of 800 million euros, of which 450 million euros was already accessible to it, providing it with the liquidity needed to fund its business until the financial restructuring plan is concluded.
A total of 9,560 shares changed hands on the counter till 12:48PM (IST)
Shares of Chinese company Wisesoft Co. surged after assassination attempt on former US president Trump. Speculative trading based on homophones in China's stock market drives gains. South Korean defense and nuclear energy firms also see increase amidst speculation of Trump victory.
The stock quoted a 52-week high of Rs 892.75 and a 52-week low of Rs 649.0.
A Nihang-clad intruder wielded a sword at IIM Amritsar on June 7, threatening unnamed students and a driver's innocence, shown in a 44-second video. Amid a bus trip to hostels, he assaulted a guard and challenged smokers. The incident confirmed by Aswathy Asokan Ajitha led to police investigating and security enhancements.
Airbus increased its 20-year demand forecast for jetliners due to airlines upgrading fleets and Asia's growing economies boosting air travel. The planemaker predicts the global fleet will double to 48,230 planes, with deliveries of 42,430 new aircraft. Strong growth is expected in Asia and the Middle East, led by India and China. Airbus sees improved single-aisle plane performance transforming transatlantic travel and predicts rising demand for wide-body jets. The report also addresses environmental... Читать дальше...
India's real consumption is expected to reach Rs 70 trillion by 2025, driven by demographics and rising incomes. By 2030, consumer spending may hit $4 trillion. Agriculture sees 6% growth, with budget support. Manufacturing and infrastructure expand through policies. The 2024 budget, at Rs 47.66 trillion, allocates 3.3% of GDP to infrastructure, smart cities, highways, and logistics parks.
