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Results for Asian Paints’ first quarter show a 52% increase in net profit and a 6.6% YoY increase in revenue-thumnail

Results for Asian Paints’ first quarter show a 52% increase in net profit and a 6.6% YoY increase in revenue

In the first quarter of 2023, which concluded in June, Asian Paints recorded a 52% increase in annual growth in consolidated net profit at 1,574.84 crore.

Business

Jul 25, 2023

For India expansion, UK’s InVentry acquires Hipla Technologies-thumnail

For India expansion, UK’s InVentry acquires Hipla Technologies

Hipla Technologies, a provider of workplace management systems with a significant presence in India, was acquired by UK-based technology company InVentry.

Business

Jul 25, 2023

To Commemorate The G20 Presidency, The Government Will Produce Two Commemorative Coins-thumnail

To Commemorate The G20 Presidency, The Government Will Produce Two Commemorative Coins

To commemorate its G20 Presidency, the government will release two commemorative coins. From December 1, 2022, until November 30, 2023, India will occupy the G20 presidency.

News

Jul 25, 2023

SpiceJet Is Removed From The Expanded Surveillance System By The DGCA-thumnail

SpiceJet Is Removed From The Expanded Surveillance System By The DGCA

The DGCA made the decision after inspecting 23 SpiceJet aircraft, including Boeing 737 and Q-400 models, at 11 different sites.

News

Jul 25, 2023

Prosus On Leaving The Byju’s Board: “Byju’s Regularly Disregarded Advice”-thumnail

Prosus On Leaving The Byju’s Board: “Byju’s Regularly Disregarded Advice”

One of the three non-promoter directors on Byju’s board who left in June hasn’t previously discussed his or her reasons for doing so. Following the resignations of three of BYJU’S

News

Jul 25, 2023

Gift Nifty witnesses record $8.5 billion single day trading on Monday-thumnail

Gift Nifty witnesses record $8.5 billion single day trading on Monday

The NSE International Exchange (NSE IX) has achieved a milestone by trading, more than 214,000 contracts valued at $8.5 billion in GIFT Nifty derivatives. This signifies growth compared to their initial operations. The Connect arrangement has generated interest among investors worldwide providing them with access to a wide range of derivative contracts for 21 hours every day.

Business

Jul 25, 2023

Piramal Alternatives planning to raise $1.5 billion to invest in local high-yield companies-thumnail

Piramal Alternatives planning to raise $1.5 billion to invest in local high-yield companies

Piramal Alternatives, a division of the Piramal Group headed by CEO Kalpesh Kikani has set a target to secure $1.5 billion, for investments, in credit within India’s high-yield companies. Given their history of funds and the rapid growth of India’s economy, they are actively looking for international investors to capitalize on the flourishing market.

Business

Jul 25, 2023

Results for L&T’s first quarter: Potential 25% YoY increase in net profit to $2,130 crore; possible share repurchase-thumnail

Results for L&T’s first quarter: Potential 25% YoY increase in net profit to $2,130 crore; possible share repurchase

On Tuesday, July 25, the infrastructure juggernaut Larsen & Toubro (L&T) is scheduled to release Q1 earnings. On the strength of a large order book, the firm is anticipated to

Business

Jul 25, 2023

The Sculptor hedge fund will be acquired by Rithm Capital for $639 million-thumnail

The Sculptor hedge fund will be acquired by Rithm Capital for $639 million

The Sculptor hedge fund will be acquired by Rithm Capital

Business

Jul 25, 2023

ITC’s Market Capitalization Eroded by Rs 50,000 Crore in Two Days-thumnail

ITC’s Market Capitalization Eroded by Rs 50,000 Crore in Two Days

In recent trading days, the market capitalization (m-cap) of Fast Moving Consumer Goods (FMCG) giant ITC witnessed a significant erosion.

Business

Jul 25, 2023

Whatsapp and Instagram back up after an hour-long outage affecting thousands-thumnail

Whatsapp and Instagram back up after an hour-long outage affecting thousands

People, on media were relieved when Facebook, Threads, WhatsApp, and Instagram backed up after an hour-long outage affecting thousands. According to Downdetector.com than 14,000 Instagram users experienced issues along, with 7,000 Facebook users, 2,700 WhatsApp users, and 470 Threads users. This is the time Instagram has had an outage in the month but Meta Platforms has not provided any updates or statements regarding the situation.

Business

Jul 25, 2023

Microsoft AI Bing chatbot is to be introduced in Google Chrome and Safari as well-thumnail

Microsoft AI Bing chatbot is to be introduced in Google Chrome and Safari as well

Microsofts AI-driven chatbot, Bing Chat is making its way onto platforms, like Google Chrome and Apples Safari expanding its reach beyond Microsoft browsers.

Artificial Intelligence

Jul 25, 2023


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