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Shares of Ashok Leyland Ltd. fell 0.52 per cent to Rs 133.8 at 11:12AM hours (IST) on Tuesday. Earlier in the day, the stock saw a start to the session. As per data available on BSE, total traded quantity on the counter stood at 115,308 shares with a turnover of Rs 1.54 crore till 11:12AM…
Continue ReadingSpiceJet Ltd’s consolidated net profit more than doubled to Rs 110 crore, rising 161% in the quarter ended December 2022. It was Rs 42 crore in the third quarter of last year. Revenue from operations rose by a marginal 2% to Rs 2,317 crore for the period under review, compared with Rs 2,267 crore in…
Continue ReadingPhishing is a type of cybersecurity attack during which malicious actors send messages pretending to be a trusted person or entity. Phishing messages manipulate a user, causing them to perform actions like installing a malicious file, clicking a malicious link, or divulging sensitive information such as access credentials. Phishing is the most common type of…
Continue ReadingAs Accenture’s deal bookings hit an all-time high of $22.1 billion, up 17% YoY in CC terms, in the second quarter, investors are betting that large Indian IT companies may gain more than smaller ones. “Increasing client focus on larger deals and slowdown in smaller deals position larger IT firms more favorably than mid/small sized…
Continue ReadingReliance Capital’s arm Reliance General Insurance, reported a net profit of Rs 59 crore for the third quarter ended December, higher by 23%, compared with Rs 48 crore reported in the previous year period. During the April-December period, the company’s gross written premium rose 13% year-on-year to Rs 8,208 crore as against Rs 7,294 crore…
Continue ReadingDivgi TorqTransfer Systems shares listed at over a 5% premium over IPO price, at Rs 620 on the NSE amid a flat domestic market. The scrip touched a high of 5.08% before settling to trade flat at a mild gain of 0.14% at Rs 590.85 over its issue price of Rs 590. A positive listing…
Continue ReadingFMCG major Nestle India on Thursday posted a 66% year-on-year (YoY) rise in net profit at Rs 628 crore for the fourth quarter ended December 2022. The profit stood at Rs 379 crore in the corresponding quarter last year. The company follows a January-December financial year. The Board has recommended a final dividend of Rs…
Continue ReadingA budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money. Top 8 Objectives of…
Continue ReadingKFin Technologies, the tech-driven financial services platform, is expected to be a victim of the market volatility as experts predict that the stock will debut on December 29 with marginal discount. Tepid response to initial public offerings, weak listings of the last few IPOs, and being a complete offer-for-sale issue are other key reasons that…
Continue ReadingIndia’s benchmark indices suffered their biggest monthly losses in December – worst since 1994 – battered by a host of global headwinds like a resurgent Covid crisis, fears of further tightening of rates by central banks around the world, and a looming recession. The Sensex and the Nifty lost around 2,760 points and 810 points,…
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