Performer Financial News

Marico stock rises 3% after company reports gradual uptick in Q4 growth Notably, Tanishq expanded its presence by inaugurating new stores in Dubai and Chicago (USA) during the quarter. Within India, out of the 27 new store additions (net), Tanishq accounted for 11, while Mia contributed 16 new stores to the network. The domestic business of Watches & Wearables experienced a solid annual growth of approximately 7%.

NEW DELHI : ZEE Entertainment Enterprises Ltd will lay off an estimated 15% of its staff as managing director and chief Punit Goenka moves to implement a leaner and more streamlined management structure, aimed at reducing costs and achieving the company's targeted objectives. The move will impact an estimated 500 people. The company said on Friday that a proposed new structure, presented to the Board, seeks to establish a cost-efficient operational model.

Blue Star 1.0 Ton 3 Star Inverter Split AC The Blue Star 1.0 Ton 3 Star Inverter Split AC offers efficient cooling with its inverter compressor and 3-star energy rating. It features a 1.5-ton capacity suitable for medium-sized rooms, with a copper condenser coil for better cooling and low maintenance. It has special features like a 5-in-1 convertible cooling mode, turbo cool, comfort sleep, and self-diagnosis.

₹25,000. Don't believe us? You will! Whether you're a student in need of a reliable study companion or a professional seeking a cost-effective workhorse, these laptops offer remarkable computing power without denting your overall budget. In this guide, you'll find laptops from a diverse range of brands wherein each model has been carefully vetted to ensure no quality lapses.

From its impressive performance to its stunning display and advanced camera capabilities, the Nord CE4 is designed to meet the needs of today's tech-savvy consumers. Delve into the features and pricing of this newly launched OnePlus smartphone.

If you’re an employee who’s in the process of preparing their 2023 tax return, you’ll no doubt soon come to realize that there’s not much tax planning we can do to reduce the tax payable on our employment income, all of which appears on a T4 slip.

Macrotech Developers has recorded its best quarterly performance ever with 40% year-on-year growth in pre-sales at Rs 4,230 crore for the quarter ended March. The performance has helped the company report its best-ever annual pre-sales at Rs 14,520 crore during the financial year 2023-24. With this, the company has met its guidance of 20% growth, Macrotech Developers said in a regulatory filing. The developer’s collection also rose 20% from a year ago to Rs 3,510 crore during the fourth quarter of the financial year. With this, the collections for the year rose to Rs 11,260 crore.

Nadir Godrej, Chairman, Godrej Agrovet, says outlook for the “cattle feed as well as aquafeed segments are good. We have a lot of premium cattle feed products now. We have done a lot of R&D in cattle feed, which is showing good results. Our products are being well received. They are more efficient products. So, with less feed, you get better milk yield and therefore they are more sustainable products also because you can produce milk with lower carbon emissions.” Let us begin by talking about palm oil prices. In the last month, there has been 11% rise. What is your outlook as to where prices could potentially be headed? Nadir Godrej: Palm oil prices had risen quite a lot. They were expected to rise because they were quite low and there was a lot of demand and high production of other oils such as soybean oil and sunflower oil. But now the palm oil prices have reached the level expected and we do not really expect any further big increase. Of course, there will be small fluctuations, but generally speaking we expect fairly steady prices for quite some time.

The fascination with meme coins within the Solana ecosystem, particularly those with animal themes, continues to captivate crypto investors.

Neglecting research: One of the gravest mistakes investors make is diving into mutual funds without conducting thorough research. Before investing, take the time to understand the fund's investment objectives, historical performance, fund manager's track record, expense ratio, and risk factors. Ignoring this step can lead to investing in funds that may not align with your financial goals or risk tolerance.

₹83,000. Following closely is the City, boasting benefits of up to ₹71,500, while the Elevate, Honda's SUV offering, presents benefits of up to ₹19,000. Notably, the Celebration Offer on the Elevate extends benefits worth ₹19,000, enhancing its appeal among SUV enthusiasts.

PS5 Slim boasts a more compact design compared to its predecessor, addressing concerns over the bulkiness of the original PS5. Sony touts a reduction in volume by over 30% and weight by 18% to 24%, offering a more streamlined gaming experience. In terms of aesthetics, subtle tweaks have been made to the console's design, featuring four panels instead of the previous two, potentially allowing for enhanced personalization options.

investing in real estate? Here’s the story from a book we read a while ago… Otis Booth, an American billionaire newspaper executive and investor, came to Charlie Munger when he was studying law, asking Charlie to handle the sale of some real estate assets. Considering the location that Booth was looking to part with, Munger immediately advised him to keep the property and develop it by building his own apartments. To this, Booth reverted… Charlie, if this is such a good idea, and you’re so sure it will work, why don’t you put up some of the money and join me. I won’t do it without you. What followed was Munger and Booth joining forces and investing around $100,000 to build that property.

JSW Energy Ltd has decided to raise up to ₹5,000 crore from qualified institutional placement (QIP) of equity in one or more tranches at a floor price of ₹510. Assuming that the entire amount is raised at the floor price, it will lead to about 6% equity dilution. The company had the option of either raising funds in the parent company or in JSW Neo Energy, a wholly owned subsidiary having green energy generation projects.

Winzo Games posted an operating profit of Rs 120 crore in FY23, according to financials submitted to the Ministry of Corporate Affairs. Winzo Games also saw its revenue grow 182% from Rs 242 crore in FY22 to Rs 687 crore in FY23.

Dune 2' proved to be a massive success with a worldwide box office collection of more than $630 million and counting, director Denis Villeneuve has planned to make its sequel. Led by Timothee Chalamet, Zendaya and a host of other Hollywood A-listers, 'Dune 2' has become the highest-grossing film of 2024. Released in 2021, the original 'Dune' grossed $402 million globally. In the sequel, Chalamet's Paul Atreides fights to exact revenge against those who destroyed his family.

Spider-Man 4 may happen and Tobey Maguire is likely to feature in the movie, as per rumours, screenrant reported. Spider-Man 4 was initially decided but later cancelled in 2010 as Sony roped in Andrew Garfield for "The Amazing Spider-Man". However, Maguire returned to MCU's «Spider-Man: No Way Home». Maguire's performance in «The Amazing Spider-Man» was lauded, paving the way for discussion over possible Spider-Man 4.

It’s never really the end of the road for Kiss

Bloomberg poll of analysts, showed the Noida-headquartered company may grow revenues by 4.7% in FY24, the best by a large-cap firm in India's $253-billion IT services industry. In comparison, Tata Consultancy Services (TCS), India’s largest IT services firm by market value, could end the year with a slightly slower revenue growth of close to 4%, driven by what Nomura and HDFC Securities project could be a 1.5% sequential growth in dollar revenue in the March quarter. TCS’s revenue growth in the quarter could be driven by a digital transformation deal it won from state-run telecom operator Bharat Sanchar Nigam Ltd.

New York City retirement plans reached an agreement with Royal Bank of Canada for the lender to disclose how much financing it provides for clean-energy projects relative to fossil fuels.

3 Body Problem," based on Liu Cixin's renowned novel "The Three-Body Problem," has captured the attention of audiences worldwide. Co-created by David Benioff and D.B. Weiss, the masterminds behind «Game of Thrones,» the show follows a group of scientists confronting an existential planetary threat. Despite its global success, the series awaits renewal for a second season.