Top news of the week: Israel-Hamas war, Delhi AQI, Nestle India, Bajaj Auto and more
Israel and Hamas, killing thousands of civilians. Dozens of leaders and senior officials from the Middle East, Europe, and Africa converged on Cairo, searching for ways to prevent the Israel-Hamas war from becoming a wider conflict. UN chief Antonio Guterres pleaded Saturday for a “humanitarian ceasefire" in the war between Israel and the Hamas terror group.
The air quality of Delhi-NCR has worsened in the past few days and as per the India Meteorological Department and the Indian Institute of Tropical Meteorology, it may reach the “Very Poor" category in the next 3-4 days. The Commission for Air Quality Management (CAQM) was seen in action on Saturday as the Air Quality Index (AQI) reached 248 and its sub-committee decided to invoke Stage II of the Graded Response Action Plan (GRAP). A new cyclonic storm is likely to bring chaos in the Arabian sea this weekend.
A low-pressure area over the southeast and southwest Arabian sea has evolved into a depression and is likely to upgraded into cyclone ‘Tej’ by Saturday morning, said the Indian Meteorological Department on Friday. Nestle India declared their Q3 CY23 results on 19 Oct, 2023. The topline increased by 9.45% & the profit increased by 37.28% YoY.
As compared to the previous quarter the revenue grew by 8.12% and the profit increased by 30.03%. The Selling, general & administrative expenses rose by 15.27% q-o-q & increased by 22.97% Y-o-Y. Nestle India has delivered 4.58% return in the last 1 week, 17.87% return in last 6 months and 23.09% YTD return.
Bajaj Auto declared their Q2 FY24 results on 18 Oct, 2023. The topline increased by 6.23% & the profit increased by 17.48% YoY. As compared to the previous quarter the revenue grew by 5.1% and the profit increased by
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