COST Financial News

The demand for office real estate has experienced significant growth in recent years, which is further fuelled by a combination of economic factors, government initiatives, and evolving business trends. Another factor is the rise of co-working spaces and innovative space ideas. There are various key factors driving the office markets in India and their impact on their growth and development.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

«The macros of the country, they are all good. And we are seeing opportunities in almost all sectors whether it is steel, cement, textile, even city gas, advanced metering, NBFCs. So there are a number of sectors where we are getting good opportunities even in LRDs and all.

Intel CEO Pat Gelsinger said that the company plans to «build AI into every product that we build». Intel will launch Meteor Lake later this year, its first consumer chip with a built-in neural processor for machine learning tasks, according to The Verge. At Microsoft's Build 2023 conference, the company announced the collaboration with Microsoft to drive the development of AI on personal computing, and previewed AI-enabled capabilities of its Meteor Lake client PC processors.

Days after a video of an employee complaining of the toxic culture at Byju's went viral over the social network, another video has surfaced in which an employee of the edtech company is seen asking for help from the government. The Byju's employee, in a tearful video posted on LinkedIn, accused the company of defrauding employees and customers. The employee, Akansha Khemka, also accused the company of toxic work culture and claimed that the firm is defrauding its customers and employees.

Also Read: Sequoia Capital witnesses departures of long-time partner Michael Moritz, other key partners Other than layoffs, the company is changing fund allocation and opting for other measures to survive the current period of economic uncertainty. The venture capital firm is working on its extensive two-year "restructuring" initiative within the company. Also Read: Sequoia splits into 3 entities: India, China and US entities to operate independently from March 2024 With this restructuring, the company is planning for its transition from being the provider of one-on-one support to a model that caters to a large number of founders simultaneously.

₹1,466 crore. However, elevated costs hampered an expansion at the Ebitda (earnings before interest, tax, depreciation, and amortization) level, despite the growth in revenue. The hospitality major flagged increased marketing expenses during its earnings call, leading to a 187 basis-point reduction in its Ebitda margin year-on-year, falling to 28% in Q1.

Shree Cement Ltd has been in focus lately, but not for the right reasons. The ongoing inspection from the Ministry of Corporate Affairs has been a sentiment dampener. Against this backdrop, the company’s June quarter (Q1Fy24) earnings do little to lift the mood.

motorcyclist in Delhi was caught imitating a daring scene from the hit movie '3 idiots,' starring Aamir Khan. However, the audacious act had a far different motivation, seemingly driven by the desire for social media fame rather than a genuine emergency. The daredevil rider, without wearing a helmet, was seen atop a Royal Enfield motorcycle, accompanied by a lady riding pillion and a child seated between them.

«We are looking at operating cash flow generation of about Rs 6,000 crores and we expect to use about Rs 2,500 to Rs 3,000 crores towards growth opportunities, towards land and new business,» says Abhishek Lodha, MD & CEO, Macrotech Developers.You had earlier outlined construction expenses of Rs 500 crore rupees for FY24. With the guided operating cash flows of Rs 6,000 crores, you would have Rs 2,500 crore rupees worth of leeway to reduce your debt. Given this, do you think the debt reduction would be much below the targets you have conveyed?We are looking at operating cash flow generation of about Rs 6,000 crores and we expect to use about Rs 2,500 to Rs 3,000 crores towards growth opportunities, towards land and new business.

Puneet Chhatwal, MD & CEO, IHCL, says “traditionally Q3 has been the strongest quarter for the sector and will continue to be so for Indian Hotels. What is interesting for us is to have gone beyond Rs 1,500 crore in top line, posting a 17% increase on consolidated level as most of our growth is based on asset-light, fee-based business.

Crypto miners in Argentina are set for a rise in energy costs, after the Ministry of Economy published a revised list of electricity rates.

Japan's central bank opted Friday to keep its benchmark interest rate at minus 0.1% but said it will fine-tune its bond purchases to allow greater flexibility given «high uncertainties» for the economy and for prices. The Bank of Japan said it needed a more nimble approach to keep financial markets stable as it works toward a goal of keeping inflation near 2%. It said it would offer to buy 10-year Japanese government bonds at 1% each business day, instead of the upper limit of 0.5% that was imposed under its «yield curve control program.» After the BOJ's announcement, the yield on the 10-year government bond surged to 0.57%.

₹1,972.00 apiece on the BSE. The Adani group cement manufacturing company ACC Ltd posted a net profit of ₹466.14 crore for the quarter ending June 2023, registering a growth of 105% as compared to ₹227.35 crore in the corresponding period of last year. The company’s consolidated revenue in Q1FY24 increased 16.4% to ₹5,201.11 crore from ₹4,468.39 crore, YoY.

MMA Streams! Here’s options for listening or watching UFC 291 live streaming for free on Reddit, Crackstreams, including where to watch Dustin Poirier vs. Justin Gaethje online. UFC biggest fight in a years-long rivalry is happening In Delta Center in Salt Lake City.

Intellect Design Arena share price jumped over 15% on Friday's trading session and was hovering near its 52-week high level after the software company reported a robust Q1FY24 numbers on Thursday. Intellect Design Arena share price opened at ₹601.55 apiece on BSE. According to the company's exchange statement, the total revenue for the first quarter of fiscal year 24 increased by 19% year over year, from ₹540 to ₹644 crore rupees.

electric scooter, the S1 Air. Surprisingly, the company initiated the purchase window a day earlier than the initially scheduled date of July 28. The response from customers in the first few hours has exceeded Ola's expectations, with over 3,000 units already booked during this initial phase.

Ajanta Pharma surged almost 9 per cent to hit their fresh 52-week high of ₹1,682.05 in morning trade on BSE on Friday (July 28), a day after the company released its June quarter scorecard. The stock opened at ₹1625.10 against the previous close of ₹1546.20 and soon jumped 8.8 per cent to the level of ₹1,682.05. The stock has gained about 31 per cent in the last one year against a 22 per cent gain in the BSE Healthcare index and a 16 per cent gain in the equity benchmark Sensex in the same period.

Laurus Labs share price fell 3% in the trade on Friday after the company reported weak Q1 results impacted by lower sales, operational deleverage and elevated expenses. Laurus Labs shares fell as much as 2.99% to ₹333.50 apiece on the BSE. Laurus Labs Q1 net profit on a consolidated basis fell 88.8% to ₹28.40 crore from ₹252.5 crore in the year-ago period.

₹285 to ₹300 per equity share for the proposed initial public offer. Yatharth Hospital IPO raised ₹205.96 crores from 18 anchor investors at the upper price band of ₹300 per equity share on Tuesday, July 25. SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few prominent anchor investors.

CNN reported. These lists are widely acknowledged as valuable references for countries' health systems, aiding them in prioritizing effective and affordable medications. Each newly added medicine is regarded by WHO as "essential" in addressing critical public health requirements.