Record News
08.11 / 18:03
beautiful
stars
reports
Trent’s dapper growth is the showstopper, but stock’s pricey
Trent Ltd saw another stellar quarter. The retailer’s September quarter (Q2FY24) standalone revenue rose by 59% year-on-year and 37% on a four-year compound annual growth rate basis to ₹2,891 crore, beating estimates. Trent’s fashion concepts clocked 10% same store sales growth (SSSG) year-on-year.
08.11 / 18:03
reports
MCX Q2 results: Net loss at ₹19 crore, revenue rises 30%
₹19.07 crore in the second quarter of fiscal year 2023-24 (Q2FY24), as per the financial results declared on November 8. Contrary to a net loss, the commodity derivatives exchange was profitable in the year-ago and quarter-ago period. The net profit stood at ₹63.3 crore in Q2FY23, and at ₹19.6 crore in Q1FY24.
08.11 / 18:03
Lupin Q2 results: Net profit grows over 2.5x to ₹490 crore
₹490 crore in the second quarter of fiscal year 2023-24 (Q2FY24), which is over 2.5 times higher as compared to ₹130 crore clocked in the year-ago period. Sequentially, the net profit grew by 8 percent from ₹452 crore posted in the quarter ended June 2023.
08.11 / 16:27
Compilation
Bill
President
prevention
Ivanka Trump takes witness stand in the civil fraud trial that's scrutinising the family business
Ivanka Trump began testifying on Wednesday in the the civil fraud trial that is publicly probing the Trump family business, making an appearance she tried to prevent. Ex-President Donald Trump's elder daughter, who has been in his inner circle in both business and politics, rounds out a major stretch in the trial. Her father gave caustic testimony on Monday, and her brothers Eric Trump and Donald Trump Jr.
08.11 / 15:59
Target
Manufacturing
economy
Remark
show
track
India's growth seems secure despite global headwinds and uncertainties
₹2.1 trillion, which is the highest half-yearly amount seen in the past four years and 3.8% higher than the already high subsidy burden in the corresponding period last year. Going forward, an increased subsidy burden could put pressure on the government’s capex plan as it tries to achieve its fiscal deficit target for 2023-24. With capacity utilization rising (74% as of the year’s first quarter), private investment is expected to pick up.
08.11 / 15:59
Booking
show
Power Finance Corporation Q2 results: Net profit up 27% to ₹6,628 crore
Power Finance Corporation (PFC) on Wednesday posted a nearly 27% rise in its consolidated net profit to ₹6,628.17 crore in the July-September quarter compared to a year ago. The consolidated net profit of the company was ₹5,229.33 crore in the quarter ended on September 30, 2022, a BSE filing showed. Total income rose to ₹22,403.69 crore in the quarter from ₹19,344.39 crore in the same period a year ago.
08.11 / 15:59
BLOCK
show
patient
Smoking hurts chances of cancer treatment, damages ‘tumor suppressors’ by changing DNA: Study
cancer, as it damages the body's “tumor suppressors" by changing the DNA, as per a study conducted by scientists at the Ontario Institute for Cancer Research (OICR). The study, published in Science Advances journal on November 3, said smoking alters the DNA responsible for developing a protein that stops the growth of abnormal cells such as those of cancer. This change made to the DNA due to tobacco smoking is known as ‘stop-gain mutation'.
08.11 / 15:59
CEO
show
reports
Costs
Patanjali Foods Q2 profit doubles as lower costs offset revenue drop
BENGALURU : India's Patanjali Foods on Friday reported a second-quarter profit that more than doubled as a slump in expenses outpaced falling revenue, dragged by lower edible oil prices. The Ruchi Gold oil maker's profit rose to ₹255 crore ($30.63 million) in the quarter ended Sept. 30, from ₹112 crore a year earlier.
08.11 / 14:57
08.11 / 13:53
BLOCK
Digital
Platform
Instagram
Meta Platforms
show
2020
Disclose if AI used to make election ads on Facebook, Instagram, Meta tells advertisers
Meta Platforms on Wednesday. In a blog post, Meta said that it would require advertisers to disclose if their altered or created ads portray real people as doing or saying something that they did not, or if they digitally produce a real-looking person that does not exist.
08.11 / 12:18
Manufacturing
economy
Dreams
Experts
show
electronic
NOT
Not the whole mid, smallcap segment is expensive; positive about realty sector, says Mihir Vora of TRUST Mutual Fund
Mihir Vora, Chief Investment Officer, TRUST Mutual Fund. In an interview with Mint, Vora shared his views on markets and the sectors he is positive about. Edited excerpts: We’ve had a dream run in the markets over the past eight years.
08.11 / 12:13
CEO
economy
President
show
trumpeter
2020
Half of Americans believe they are worse off under Biden in blow to 'Bidenomics'
QI Research CEO Danielle DiMartino Booth and UBS Private Wealth Management managing director Alli McCartney react to the Federal Reserve’s decision to pause rate hikes in November.
08.11 / 12:07
Software
film
Nintendo
Action-adventure
stars
reports
Japan's Nintendo profits jump as its game sales get a boost from the hit Super Mario movie
Nintendo is reporting an 18% rise in its net profit for the first fiscal half, as sales were boosted by its hit Super Mario movie
08.11 / 12:07
BLOCK
Compilation
Bill
President
Ivanka Trump is set to testify in the civil fraud trial that's probing into the family business
It's Ivanka Trump's turn to take the witness stand in the civil fraud trial that is publicly probing into former President Donald Trump's family business
08.11 / 12:05
Experts
performer
reports
Mazagon Dock Q2 Results: Net profit soars 56% YoY to Rs 333 crore; dividend declared at Rs 15.34/share
Revenue from operations during the reporting period increased 7% year-on-year to Rs 1,828 crore as against Rs 1702 crore a year ago. EBITDA or operating profit jumped 50% year-on-year to Rs 177 crore in the quarter, while margins improved to 9.7%. The Board has approved an interim dividend of Rs 15.34 per share for the financial year 2023-24. The payout will amount to Rs 309 crore, which will be given out of the profits of the company in FY24. The record date for determining the eligibility of shareholders for the dividend has been fixed as November 20 and the same would be paid on or before December 7. On a sequential basis, net profit rose 6% from Rs 314 crore clocked in the preceding June quarter.
08.11 / 11:57
Ball
Instagram
Cummins
Maxwell's 201* knock set multiple records. Check here
Glenn Maxwell against an emerging Afghanistan team in the ICC World Cup has left the cricket world astonished as the Aussie batsman singlehandedly chased down 292 after the team slumped to 91 for seven in 18.3 overs. Maxwell finished his highest ODI knock and slammed his first-ever ODI double-century as the cricketer hit 21 fours as well as 10 sixes. Indian batsman and former captain Virat Kohli took to his Instagram and wrote: «Only you could do this.
08.11 / 11:51
08.11 / 11:51
Software
Enterprise
track
innovations
reports
Axon edges higher after beat and raise; Goldman remains bullish
Axon (AXON), a company specializing in law enforcement technology, reported better-than-expected financial results for the third quarter of the year.
08.11 / 11:51
Fighting
Continental
Commerzbank
performer
information
reports
European stocks stagnate ahead of key Powell speech; earnings also in focus
Investing.com — European stock markets traded in a subdued fashion Wednesday, as investors awaited comments from Fed Chair Jerome Powell while digesting more quarterly corporate earnings.
08.11 / 11:47
08.11 / 11:19
Cooper
Fox
economy
President
country
reports
Foreign investment
China records lowest foreign investment on record, experts blame new laws for stifling much-needed growth
Josh Birenbaum, deputy director for the Center on Economic and Financial Power at the Foundation for Defense of Democracies, discusses why trading partners find it increasingly difficult to do business in and with Beijing.
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