Latest Updates Around The World
Managed workplace solutions provider IndiQube Spaces Ltd reported a sharp rise in profitability in the December quarter, with profit after tax (PAT) rising 214% year-on-year to ₹40 crore, driven by strong corporate demand, rising occupancy and expansion into new markets.The company also posted its highest ever quarterly revenue of ₹395 crore in the third quarter […]
PC Jeweler Ltd on Tuesday reported a 28 per cent rise in consolidated net profit to Rs 190.10 crore in the quarter ended December, mainly on festive demand. Net profit stood at Rs 147.96 crore in the year-ago period. Total income grew to Rs 900.51 crore in the October-December period of this fiscal from Rs […]
Indian engineering research and development (ER&D) company Tata Elxsi on Tuesday reported a 45.3% decline in third-quarter profit, mainly due to a one-time charge related to the country’s new labor laws.The Bengaluru-based company reported a profit of 1.09 billion rupees ($12.1 million) for the quarter ended December 31. Tata Elxsi took an exceptional charge of […]
The S&P 500 finished higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, as investors continued to focus on the recent increase in trade tensions between China and the US. Shares of Morgan Stanley rose 4.7% to a record high, while Bank of America rose 4.4% after major lenders […]
