NBCC (India) Ltd, a state-owned infrastructure and real estate development company, has recorded a 16% decrease in its consolidated net profit for the second quarter of the fiscal year. This decline is attributed to the provisioning for expected losses in a Gurugram housing project. The net profit was reported as Rs 81.90 crore, down from…
Apollo Hospitals Enterprise Ltd has announced a standalone profit after tax of Rs 294.8 crore for the three months ended September 30, 2023. This figure marks an increase from the Rs 279.1 crore reported during the same quarter last year. The half-year period ended September 30, 2023, saw a standalone profit after tax of Rs…
The U.S. division of Chinese bank ICBC hit by cyberattack The U.S. financial services division of the Industrial & Commercial Bank of China (ICBC) was targeted in a cyberattack that reportedly disrupted the trading of Treasurys. ICBC, which is the world’s largest lender by assets, confirmed that its financial services arm experienced a ransomware attack,…
Title: The Timeless Elixir of Relaxation: Chamomile Tea Chamomile tea, known as the “Elixir of Relaxation,” has been soothing minds and bodies for centuries. This popular herbal infusion is loved for its calming flavor and pleasant aroma. In our exploration of chamomile tea, we will cover its definition, nutritional value, health benefits, culinary uses, different…
Mahindra & Mahindra (M&M) announced a 6% increase in its consolidated profit after tax to Rs 2,348 crore in the September quarter of 2023-24. The Mumbai-based company reported a PAT of Rs 2,209 crore in the same period last year, reflecting a positive growth trajectory for the business. According to a statement released by M&M,…
Hindalco Industries, the metal flagship of the Aditya Birla Group, has reported almost flat consolidated profit at Rs 2,196 crore in the quarter ended September 2023. This is compared to a consolidated profit of Rs 2,205 crore in the same period of the previous fiscal year, according to a filing to BSE by Hindalco Industries….
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Google employees work longer than the standard 9-to-5 workday, refuting earlier reports of light workloads, according to an HR representative from the company. The representative disclosed that most salaried Googlers already work longer than 8-hour days, making a compressed work schedule difficult to achieve. The company does, however, allow employees to apply for schedules that…
Chinese data company Qichacha has announced its resumption of overseas operations after passing a data export security assessment. This move reflects a relaxation in China’s strict government controls on data sharing due to national security concerns. The company is the first to receive approval from the Cyberspace Administration of China for providing corporate creditworthiness data…
Chinese EV startup Li Auto outperforms Tesla’s China business in October In October, the China Passenger Car Association reported that Chinese startup Li Auto sold significantly more vehicles than Tesla’s China business. Li Auto broke records by selling 40,422 cars, far surpassing Tesla’s sales of 28,626 cars. The association’s data also revealed that Li Auto…
