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Zomato reported Q4 results: Reported profit against YoY Loss

Zomato reported Q4 results: Reported profit against YoY Loss

13 May 2024

Zomato has reported its Q4 FY 2023-24 earnings today, the food delivery platform has reported a profit of Rs.175 crore against a loss of Rs.188 crores in the Q4 FY 2022-23 but the stock closes in red as the earnings are reported below the expectations of the markets. Q4 Performance of Zomato Zomato, the food …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 14

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 14

13 May 2024

On Monday, the main stock market indices ended the day with slight gains. The Sensex went up by 0.15% to reach 72,776.14 points, while the Nifty increased by 0.22% to close at 22,104.05 points. In terms of sectors, pharmaceuticals, metals, and real estate showed positive movements, while automobile, public sector banks, and energy sectors experienced …

EFC (I) Limited to Make Strategic Investment in Eleganz Interiors Limited

EFC (I) Limited to Make Strategic Investment in Eleganz Interiors Limited

10 May 2024

On May 9, 2024, EFC (I) Limited informed the stock exchanges that the company’s board had approved a strategic investment in Eleganz Interiors Limited by subscribing to the Private Placement Offer. Details of the Investment EFC (I) Limited to make a strategic investment of ₹2,00,00,034 for 2,46,914 Equity Shares of ₹10 each at an issue …

Tata Motors Q4 results announced: PAT Beats Street’s Estimates

Tata Motors Q4 results announced: PAT Beats Street’s Estimates

10 May 2024

The Tata Group company, Tata Motors has reported its Q4 FY 2023-24 earnings today, The company has recorded a surge in profit after tax to Rs.17,407 crores in this quarter from Rs.5,400 crores in Q4 FY 2022-23. Q4 Performance of Tata Motors Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 …

Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

10 May 2024

Delhivery Limited, India’s leading integrated logistics provider, announced today the success of its AI-powered RTO Predictor in significantly reducing return costs for D2C brands. This solution has already empowered over 4,800 brands, including notable names like Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist. Launched in 2024, the RTO Predictor is available …

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

10 May 2024

On May 10, 2024, Netweb Technologies informed the exchanges about the inauguration of India’s flagship end-to-end high-end computing servers, storage and switch manufacturing unit. Today, the inauguration ceremony marked a significant advancement in strengthening the Government of India’s “Make in India” initiative at its newly established facility in Faridabad. A leading technology solutions provider, Netweb …

Strides Pharma Secures US FDA Nod for Sevelamer Carbonate Tablets, 800 mg

Strides Pharma Secures US FDA Nod for Sevelamer Carbonate Tablets, 800 mg

10 May 2024

On May 10, 2024, Strides Pharma Science Limited informed the stock exchanges that the company’s step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, got approval for Sevelamer Carbonate Tablets, 800 mg, from the United States Food & Drug Administration (US FDA). The company stated that the product is therapeutically equivalent and bioequivalent to …

Thomas Cook India Introduces TCPay for International Money Transfers

Thomas Cook India Introduces TCPay for International Money Transfers

10 May 2024

On May 10, 2024, Thomas Cook India informed the exchanges about the launch of TCPay, a new digital service that simplifies and streamlines international money transfers. The company stated that the conventional way to send money abroad was regarded as a difficult process that involved visits to branches, cumbersome paperwork, and fixed working hours. Addressing …

Bank of Baroda Q4 Results, NII and Net Profit Beats Street Estimates

Bank of Baroda Q4 Results, NII and Net Profit Beats Street Estimates

10 May 2024

The Public Sector Bank, Bank of Baroda has reported its Q4 FY 2023-24 results today, The Net profit in this quarter rose by 2.3% on a year-on-year basis to Rs.4,886.5 crores as compared to  Rs.4,775.3 crores in Q4 FY 2022-23. Q4 Performance of Bank of Baroda In the fourth quarter of FY24, Bank of Baroda, …

Polycab India Released FY2024 Earnings: Revenue Soars 27%

Polycab India Released FY2024 Earnings: Revenue Soars 27%

10 May 2024

On May 10, 2024, Polycab India Limited (PIL), one of the leading wire and cable manufacturers, released its financial results for the quarter and year ended March 31, 2024 (FY 2024). Quarterly Performance During Q4 FY2024, the company witnessed a 29% YoY revenue growth, which was fueled by strong volume growth in the wires and …

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