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Birlasoft reported a net profit of Rs 180 crore in the March quarter of FY24, up 11.8% quarter on quarter (QoQ). The profit for the company grew by a whopping 60.5% on-year. The growth in profit in Q4 comes on the back of surge in non-core income, slight increase in operating margin and a decline in employee expenses. Operating margin jacked up by 33 bps (3.8% QoQ) to end at 14.7% in the final quarter of FY24.

AstraZeneca has acknowledged that its Covid-19 vaccine can lead to a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS). This admission comes as the company faces a lawsuit alleging severe harm and deaths caused by the vaccine, according to The Telegraph. TTS is thrombosis with thrombocytopenia syndrome, which is basically a clot in blood vessels of the brain or elsewhere, along with a low platelet count. It is known to occur in very rare instances following certain types of vaccines and also from other causes. According to the WHO, adenovirus vector vaccines in particular have been rarely associated with this condition. Although COVID vaccines have prevented numerous deaths, reports of these extremely rare but potentially serious immune-mediated events have also been published in reputed journals, said Dr Rajeev Jayadevan, Co-Chairman National IMA COVID Task Force, Kerala. AstraZeneca, which collaborated with the University of Oxford to develop the vaccine, is currently embroiled in legal proceedings initiated by victims and their families. One such case involves Jamie Scott, a father of two, who took legal action after suffering a blood clot that left him unable to work. Scott claims that following his vaccination in April 2021, he developed a «blood clot and a bleed on his brain,» resulting in a lasting brain injury.

Vedanta Group firm Hindustan Zinc, Rao reiterated government plans to offload its minority 29.54% stake through an offer for sale (OFS) but said this would happen only after testing the market. "We are committed to OFS," Rao said on the sidelines of the event adding that the market was not yet ready and that the exercise would be done after gauging investor interest through roadshows.

OnePlus Nord 4, identified by the model number CPH2621, scored 1,875 in the single-core test and 4,934 in the multi-core test on Geekbench. The listing reportedly indicates that the device is running on Android 14 and is equipped with an octa-core Qualcomm chipset codenamed "pineapple." Notable tipster Yogesh Brar suggests that the Nord 4 will feature a Snapdragon 7+ Gen 3 SoC, the same chip that powers the China-only OnePlus Ace 3V, which could be a clue that the Nord 4 might be a rebranded version of the Ace 3V for global markets. However, these details are not yet confirmed, so it's wise to remain cautious with any assumptions.

ALSO READ: Google layoffs: Sundar Pichai-led Alphabet's arm fires entire Python team, says report “I went downstairs and opened up my laptop. That was 21:00. I got a weird email saying 'Your Cloudtop StopInstance operation has begun' and I suddenly recalled I just had the cloudtop maintenance a few days back, it couldn't be a scheduled task, there is definitely something bad happening.

Gold and silver rate today on 29-04-2024: Check latest rates in your city “Of particular importance is the US interest rate decision, which is poised to strongly impact Gold. Anticipation of two rate cuts could provide support for gold, whereas emphasis on higher rates for a longer duration may exert pressure. Hence, the week ahead is anticipated to be pivotal for gold markets," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Most Canadians — in fact nine out of 10 — say the Canada Pension Plan is an important source of their retirement income and six out of 10 say it’s essential and they can’t do without it.

Indian economy's recent performance has been strong, with promising signs for the future, according to the National Council of Applied Economic Research (NCAER). In its April 2024 Monthly Economic Review (MER), the NCAER highlighted several key indicators showing the economy's resilience. The Purchasing Managers' Index (PMI) for manufacturing, for example, reached a 16-year high, indicating robust growth. Additionally, the Unified Payments Interface (UPI), a leading digital payments system, recorded its highest volume of transactions since its inception in 2016. Goods and Services Tax (GST) collections also saw a significant increase, reaching Rs 1.8 lakh crore in March, the second-highest since its introduction in 2017. Similarly, UPI transactions in March 2024 totaled 13.4 billion, marking a substantial 55.3% year-on-year growth. The NCAER report also highlighted positive global economic forecasts by the International Monetary Fund (IMF) and the World Trade Organization (WTO), which are expected to benefit the Indian economy in the current year.

Valorant Episode 8 Act 3 is set to launch on April 30, 2024, unveiling the Mystbloom bundle. This new weapon set is highly anticipated by the community, boasting a captivating lotus theme and a long-awaited pink color scheme, as per a Dexerto report.

humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters. The figure, which has not been previously reported, illustrates the massive scale of a construction effort that the Pentagon has said involves about 1,000 U.S. service members, mostly from the Army and Navy. Still, the cost has roughly doubled from initial estimates earlier this year, according to a person familiar with the matter.

NFL draft picks that happened back this month, the craze for this popular American football franchise is on. Now, an NFL documentary series is coming to Netflix to raise the enthusiasm of fans of this sport based on a full-fledged web series that talks about the sport in a very insightful way, according to a What's on Netflix report.

EconomicTimes.com signed off the financial year 2024 as it had begun, leading from the front — with accuracy in reporting and accountability to readers. The latest Comscore data from March 2024 validate what business news readers have known for decades: EconomicTimes.com is the premier source for business, market, and financial news in India, with significant recognition around the world.

In his new role, Jack will report to global head of Schroders Family Office Service Clare Anderson. Jack started his career at Schroders in 2005 as a fund manager assistant. He went on to work as an analyst, first on UK equities then on pan-European equities, before being promoted to co-head of pan-European research and then becoming the sole head in 2019. Schroders Wealth Management appoints Clare Anderson as global family office head Anderson said: «Harry Jack's extensive experience and expertise in the European equities sector at Schroders, spanning 19 years, makes him a valuabl...

The  Securities and Exchange Commission (SEC)  of Thailand  is taking measures to protect crypto investors from misleading advertisements.

KPIT Technologies, focused on automative and mobility software services, has reported a 47.2% year-on-year rise in net profit (attributable to shareholders) at Rs 164.4 crore for the fourth quarter ending March 2024. The Pune-headquartered firm’s profit a year ago stood at Rs 111.6 crore in Q4FY23 and at Rs 155.3 crore in the preceding quarter.

BJP on Monday lodged a complaint with the Election Commission against the Congress, alleging that it circulated a «deep fake and morphed» video of Home Minister Amit Shah to derail the poll process, and demanded strict action against the party. A BJP delegation comprising Union minister Ashwini Vaishnaw and the party's national media department in-charge Anil Baluni also complained against the Trinamool Congress (TMC), alleging that Chief Minister Mamata Banerjee-led party has been using violence as a weapon, and demanded that the poll panel ensure a free and fair election in the state. «The Congress wants to derail the entire election process through a deep fake and morphed video (of Amit Shah). We raised a complaint before the Election Commission today against it. The Congress has tried to create confusion among people by posting a deep fake video from its official handle,» Vaishnaw told reporters after meeting the poll panel officials. «We requested the Election Commission to take strict action,» he added.

Jana Small Finance Bank has reported doubled its March quarter net profit from ordinary activities at Rs 167 crore against Rs 81 crore in the year ago period, backed by robust business expansion and lower credit cost. The net profit however comes to Rs 344 crore, reflecting a four-fold jump, if the deferred tax assets of Rs 170 crore is included.

PNB Housing Finance reported a 57% rise in fourth-quarter profit on Monday, helped by steady demand for home loans and a decline in bad loans. Demand for premium and luxury housing has been strong over the last year even as the affordable segment saw demand easing due to high interest rates.

Improving your CIBIL score, or any credit score for that matter, typically takes time and consistent financial behaviour. While it's challenging to make significant improvements in just one month, there are still some actions you can take that may positively impact your CIBIL score over time. Here are some steps you can consider:

Squeezed household budgets may be forcing some American homeowners to tap savings accounts for their monthly mortgage payments but it’s helping maintain low delinquency rates.

QI Research CEO and chief strategist Danielle DiMartino Booth discusses whether stubbornly high inflation data will delay Fed rate cuts on «Making Money.»