Intel’s shares rise following earnings report indicating progress towards $3 billion in cost savings.

Intel’s stock saw a significant 10% jump on Friday following the company’s surpassing of Wall Street’s profit and sales expectations. The chipmaker reported adjusted earnings per share of 41 cents, higher than the estimated 22 cents by LSEG. Moreover, Intel generated $14.16 billion in revenue for the quarter, outperforming analyst predictions of $13.53 billion. However,…

Read Full News

Confirmation of a 20-year study: Wild chimpanzees in Uganda exhibit menopause, adding a sixth species to the list.

Menopause, typically seen as a normal occurrence in humans, has been found to have a peculiar aspect when observed in wild animals. Researchers have identified menopausal symptoms in only six mammal species, most of which live in aquatic environments. Human beings exhibit unique behaviors compared to other species. We have developed social structures and achieved…

Read Full News

Sonia Takes Lead in Opposition’s Charge on Women’s Reservation Bill in Parliament & More Top Stories in News18 Afternoon Digest

Parliament LIVE: Sonia Gandhi Leads Opposition Charge on Women’s Reservation Bill, Demands OBC Inclusion As the credit war between the BJP and Congress continues over the Women’s Reservation Bill, the Lok Sabha started a debate on the bill today. Congress leader Sonia Gandhi led the charge for the opposition, expressing hope that the bill would…

Read Full News

Companies given deadline to relocate regional headquarters in Saudi Arabia

Saudi Arabia Maintains Ultimatum for Foreign Companies to Establish Regional HQs in the Kingdom By Pierre Herubel In a surprising move back in February 2021, the Saudi government announced that international companies would need to establish their regional headquarters in Saudi Arabia by January 1, 2024, or risk losing lucrative government contracts. This bold ultimatum…

Read Full News

After six consecutive sessions of losses, Sensex and Nifty bounce back by more than 1%

Axis Bank emerged as the top performer in the Sensex pack, witnessing a significant rise of 3.07%. Reliance Industries also experienced heavy buying, surging by 1.75%. However, Asian Paints, Ultratech Cement, and ITC struggled to keep up. The equity benchmark indices, Sensex and Nifty, managed to break their six-session losing streak and rebounded over 1%….

Read Full News

On October 17, Supreme Court to Begin Hearing on Legitimacy of Section 6A of Citizenship Act in Assam Illegal Immigrants Case.

Supreme Court to Begin Hearing on the Constitutional Validity of Section 6A of Citizenship Act in Assam September 20, 2023, 14:20 IST – In a significant development, the Supreme Court announced on Wednesday that it will commence hearing on October 17 to examine the constitutional validity of Section 6A of the Citizenship Act. This section…

Read Full News

Highest-ever sales lead to Maruti Suzuki Q2 profit surge of over 80%

Maruti Suzuki, India’s leading car manufacturer, has just announced a remarkable 80.3% surge in net profit for the July-September quarter. The company attributed this growth to multiple factors, including record-breaking sales, declining commodity prices, cost reduction efforts, and increased non-operating income. Previously, Maruti Suzuki had reported a net profit of Rs 2,061.5 crore in the…

Read Full News