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Zydus Lifesciences on Friday reported Rs 1,182 crore net profit in Q4FY24, a threefold year-on-year (YoY) jump led by growth in US, India, Europe and emerging market sales. The Ahmedabad-based drug maker reported net profit of Rs 297 crore in the corresponding period of previous year.

Trent and state-owned Bharat Electronics are likely to replace LTI Mindtree and Divi’s Laboratories in the forthcoming rejig in the Nifty index, according to an estimate by Nuvama Alternative & Quantitative Research. The possible changes would lead to an inflow of $429 million or Rs 3,500 crore into Trent and $ 361 million or Rs 3,000 crore into Bharat Electronics, the brokerage said. The upcoming September 2024 rejig will be an action where we could see two stocks replacing the market's underperformers.

Top news on May 17: From logistics firm Delhivery announcing to conduct research and development in drone technology and manufacturing, to Aam Aadmi Party (AAP) rejecting allegations levelled by party's Rajya Sabha MP Swati Maliwal in assault case, here are some of the top stories. Logistics firm Delhivery reported a rise in fourth-quarter revenue on Friday as it clocked strong volumes in segments such as part truckload (PTL) freight, and truckload services. Before announcing its Q4 results, the company said it has incorporated a wholly owned subsidiary, Delhivery Robotics Pvt Ltd, to conduct research and development in drone technology and manufacturing.

average age of Indian consumers of cars, premium smartphones and large televisions has dropped by up to seven years in the past 5-6 years, reflecting a major shift in consumer buying pattern towards younger demographics. Top car makers such as Maruti Suzuki, Hyundai Motor and Mercedes-Benz say the average buying age, including for luxury vehicles, has fallen from the 40s to almost mid-30s between 2018-19 to 2023-24. Companies said over 70% of electric cars are currently bought by those in their 20s and 30s. In the same period, the average age for Apple iPhone buyers has declined from 33-34 to 28-29 and for large screen televisions (size 55-inches and upwards) from 35-36 years to 29-30, as per industry estimates. Similar is the case with frost-free refrigerators and dishwashers.

Highways throughout southern Ontario will be busy this Victoria Day long weekend as residents mark the unofficial start to summer.

The real estate industry in India is witnessing a paradigm shift towards sustainable development, driven by the pressing need for environmental stewardship and community-centric living. Sustainable buildings, characterized by energy efficiency, eco-friendly materials, and thoughtful design, are emerging as catalysts for fostering a profound sense of community and environmental responsibility among residents.

₹2,076 crore in the quarter from ₹1,860 crore a year ago, while loss after tax narrowed to ₹69 crore from ₹159 crore a year ago. On an annual basis, revenue from services rose 13% to ₹8,142 crore in FY24 while losses narrowed to ₹249 crore from ₹1,008 crore in FY23. "FY24 has been a crucial year for us.

Mazagon Dock Shipbuilders' share price rose 14.5 per cent to scale an all- time high of ₹2,794 on Friday on the NSE, before closing with gains of 12.18 per cent at ₹2,737. The Mazagon Dock Shipbuilders' share price, having risen 250 per cent in a year and 1529 per cent in five years, has given multibagger returns to investors. The confidence in defence stocks remains high with rising capex and the government's ‘Make in India’ initiative, along with rising export orders.

JPMorgan Chase & Co.’s asset management arm has created a new European money market fund focused on public debt, a kind of investment that largely disappeared when interest rates were negative.

Empires of the Sea, maritime historian Radhika Seshan attempts the ambitious task of presenting the story of India’s engagement with the sea from the era of the Indus Valley civilisation to the 18th century. Despite consulting a shipload of books, Seshan’s reach far exceeds her grasp. The final product is a book that, while well researched, is poorly organised and is often unable to forge a meaningful connection with the reader.

Nifty was hovering near the 22,469 mark, gaining 65.50 points or 0.29%. Commenting on the day’s action, Sameet Chavan, Head Research, Technical, and Derivative at Angel One said that the Indian equity market took a surprising turn from the day low, coinciding with the support levels and was propelled to an intraday high above 22,400 in what was a strong volatile session.

Prime Minister Rishi Sunak is expected to announce a crackdown on agents marketing graduate visa schemes overseas, aiming to project a tough stance on migration before this year’s general elections. This comes after UK's university regulator warned of severe financial strains on institutions due to a decline in international student numbers. According to a Financial Times report, the new measures, anticipated to be revealed next week, will coincide with the release of quarterly migration data from the Home Office and the Office for National Statistics. The crackdown could involve mandatory registration for agents and fines for malpractice. Want to know if you qualify for immigration? Click here Sunak is also considering stricter criteria for the graduate visa scheme, potentially limiting visas to the «best and the brightest.» However, this approach has not yet been formally discussed with ministers. This proposal faces resistance from Chancellor Jeremy Hunt and Education Secretary Gillian Keegan, who worry about the financial impact on universities if international student numbers drop further.

₹210.2 crore from ₹136.5 crore, as per the exchange filing. Endurance Technologies consolidated total income rose by 20% year over year to ₹2,711.3 crore from ₹2,255.2 crore. Endurance Technologies share price today opened at ₹2,202.25 on BSE, the stock touched an intraday high of ₹2,317.55 and an intraday low of ₹2,166.45.

Joe Biden's administration formally proposed on Thursday reclassifying marijuana as a less dangerous drug, a historic shift that would bring federal policy more in line with public opinion. "No one should be in jail merely for using or possessing marijuana. Period," Biden said in a video statement.

GameStop and AMC fell for a second straight session on Thursday, as excitement over the social media return of "Roaring Kitty," who was the central figure in 2021 meme-stock rally, fizzles out. Shares of the videogame retailer GameStop tumbled 30% to close at $27.67 after jumping as high as $64.83 on Tuesday. Theater chain AMC closed 15.3% lower at $4.64.

Silver prices Thursday surged to an all-time high, just shy of Rs 90,000 a kg, paced by an increase in industrial applications of the precious metal amid shortening odds of an imminent reduction in policy rates by the US Federal Reserve. Prices climbed more than Rs 2,000, or nearly 4%, through the course of a single trading session to end at Rs 87,476 a kg. Within a month, silver prices have climbed more than 5%, resulting in annualised gains of 60%, with analysts attributing increasing industrial demand of silver from the makers of electric vehicles (EV) and photovoltaic solar panels. High prices have sparked selling of household silver in Mumbai’s Zaveri Bazaar, said Prithviraj Kothari, MD, RiddiSiddhi Bullions. “People are selling bars, coins and silver utensils to get cash in hand. Also, after a long time, silver is witnessing such a bull run and consumers want to make the most of it,” said Kothari.

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

NEW DELHI : Mountain View, California: India's rich tapestry of languages is emerging as a significant driving force behind future advancements in mainstream artificial intelligence (AI) technologies, according to Josh Woodward, vice president and global head of Google's innovation engine, Google Labs. Woodward said India may be paving the way for integrating diverse linguistic datasets into AI systems, thereby unlocking new possibilities in revolutionizing AI technologies. For instance, a state-backed initiative, such as the Bhashini project, which is spearheading efforts to harness the potential of the 22 official Indian languages, could be a major catalyst.

White men are most likely to lead the largest, best-funded nonprofits, while women of color tend to lead the organizations with the fewest financial resources, according to a study from the nonprofit data research organization Candid released Thursday

Auto technology has evolved

Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors and other equipment as they deal with declining prices for their crops