Show Financial News

₹68,937 crore in Q2FY24, a growth of 19.5% over Q2FY23 revenue of ₹57,694 crore. During the quarter, the company achieved an EBITDA of ₹5,820 crore, marking a 32.2% improvement over the previous year's EBITDA of ₹4,404 crore and a 13.25% surge compared to the Q1 FY24 figure of ₹5,139 crore. The EBITDA margin also expanded to 8.4%, showing an 80-basis point increase from the EBITDA margin of 7.6% in Q2 FY23.

Jyoti Priya Mallick was taken to the hospital on Friday evening after fainting amid a court hearing. The developments came mere hours after he was arrested by the Enforcement Directorate in connection with a multi-crore ration distribution scam. Mallick had been produced before the Bankshall court after an extensive medical examination at a south Kolkata hospital.

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.

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.

Nasdaq opened higher on Friday as robust forecasts from Amazon.com and Intel lifted beaten-down megacaps, while investors also drew comfort from data that showed inflation rose largely in line with expectations. The Dow Jones Industrial Average fell 1.90 points, or 0.01%, at the open to 32,782.40. The S&P 500 opened higher by 15.70 points, or 0.38%, at 4,152.93, while the Nasdaq Composite gained 123.08 points, or 0.98%, to 12,718.69 at the opening bell.

By Hari Kishan

By Chijioke Ohuocha

With just three trading days left in October, Wall Street’s three major indexes are on track to end the month with heavy losses as surging bond yields and fresh uncertainty surrounding the future path of the Federal Reserve’s interest rates rattled investors.

WASHINGTON (Reuters) — U.S. consumer spending increased more than expected in September, keeping it on a higher growth path heading into the fourth quarter, while monthly inflation was elevated.

(Reuters) — Global equity funds suffered significant outflows in the seven days to Oct. 25, hit by worries over higher U.S. bond yields and caution over the war in the Middle East.

By Naomi Rovnick and Stella Qiu

Five Nights at Freddy's' has arrived, creeping into theaters on October 27. The fright fest is also available for streaming on Peacock. Dive into this guide to unveil the secret to watching the 'Five Nights at Freddy's' movie online, ensuring your spine-tingling experience.

Barclays strategists highlighted the fact that investor reactions to the third quarter earnings season have been “negative” so far.

The escalation and de-escalation of the Israel-Hamas war has led to on-again, off-again risk premium for oil

Canadian Liver Foundation, the campaign is based off of data from the last two years that shows consuming coffee could lead to a reduced risk of developing liver diseases. In a press release on Wednesday, the foundation said that the campaign celebrates that potential of coffee to “enhance liver health.”The campaign further looks into the actions that individuals can take to prevent such conditions as non-alcoholic fatty liver disease to fibrosis and even liver cancer.Alluding to the research, the foundation noted in their release that one cup of black coffee a day could lower the risk of chronic liver disease by 15 per cent.

(Reuters) — U.S. stock index futures climbed on Friday as robust forecasts from Amazon.com (NASDAQ:AMZN) and Intel (NASDAQ:INTC) along with a pullback in Treasury yields lifted megacaps, while investors awaited a key inflation data during the day.

By John Kemp

By Natalie Grover

Tata Consultancy Services (TCS) have asked employees to return to office three days a week but Infosys, HCL Technologies and Wipro continue to allow employees to come in between one and three days a week. The companies are all nudging employees rather than imposing blanket rules, citing cohesive team work, better data safety, and lower chances of moonlighting. But this stance is in direct contrast to their approach when the hiring frenzy was at its peak.

generative AI continue to mount, Google has announced an expansion of its bug bounty programme or Vulnerability Rewards Programme (VRP) targeted at AI-specific threats. «Today, we're expanding our VRP to reward for attack scenarios specific to generative AI. We believe this will incentivise research around AI safety and security, and bring potential issues to light that will ultimately make AI safer for everyone,» Google said in a blogpost on Thursday.

UN warned Friday that «many more will die» in Gaza from catastrophic shortages after nearly three weeks of bombardment by Israel in response to Hamas staging the deadliest attack in its history. As the conflict raged into its 21st day, the Israeli army said its soldiers backed by fighter jets and drones mounted a land incursion into the Gaza Strip, as it prepares for a ground offensive. Concern is growing about regional fallout from the conflict, with the United States warning Iran against escalation while striking facilities in Syria it says were used by Iran's Islamic Revolutionary Guard Corps and others. Israel has heavily bombarded Gaza since Hamas gunmen stormed across the border on October 7, killing 1,400 people, mostly civilians, kidnapping more than 220 others, according to Israeli officials. The health ministry in the Hamas-run Gaza Strip says the strikes have killed more than 7,000 people, mainly civilians and many of them children, leading to growing calls for protection of innocents caught up in the conflict. «People in Gaza are dying, they are not only dying from bombs and strikes, soon many more will die from the consequences of (the) siege imposed on the Gaza Strip,» Philippe Lazzarini, head of the UN agency for Palestinian refugees (UNRWA), told reporters in Jerusalem. Israel has cut supplies of food, water and power to Gaza, notably blocking all deliveries of fuel saying it would be exploited by Hamas to manufacture weapons and explosives. «Basic services are crumbling, medicine is running out, food and water are running out, the streets of Gaza have started overflowing with sewage,» he said of the devastated territory where around 45 percent of all housing has been damaged or destroyed,