Page 54 - Intelligence Group News Today

In the post-earnings conference call, the UltraTech management said it expects capacity utilisation to improve close to 80-85% in the three months to March, from about 77% in the December 2023 quarter.

Operating profit of consumer businesses which include retail and telecom rose 30% and 11.3% YoY, respectively. In addition, higher volumes from the KG-D6 basin further negated the impact of weak earnings in the Oil to Chemicals (O2C) business.

The Nigerien junta is continuing to grow closer to the Kremlin and may deploy Russian mercenaries in Niger to respond to the deteriorating security situation in the country in the coming months. A significant number of Russian mercenaries would enable

Can the Singapore fintech sector navigate a challenging 2023 funding landscape, characterised by a massive downturn in investment?

LTIMindtree has deferred the target operating margin (EBIT margin) guidance of 18% by a few quarters, citing reinvestment of profit in business expansion and higher project transition costs. Analysts cut the earnings forecast for the company by 2-5%. The stock fell by over 11% during the morning session on Thursday.

The conference will focus on planning and evaluating annual actions, as well as an exchange of views and good practices

* The latest digital enhancements to Paychex Flex® Onboarding recognized for business innovation and impact ROCHESTER, N.Y. -- Paychex, Inc., a leading provider of integrated human capital...

Data sourced from Prime Database reveals that 48 companies spent ₹48,079 crore on buying back their stocks in 2023 - a year when the benchmark Nifty 50 appreciated over 20%. This is second only to the record of over ₹55,000 crore spent in 2017 when the benchmark index posted a return of 29%.

​​Analysts point out that only a few big-budget films worked at the box office during the quarter compared with the previous quarter which had successful films released in Hindi, English and regional languages. Poor performance of mid-and-small budget films -- fourteen such films were released in the December quarter-- added to the woes of multiplexes.

/PRNewswire/ -- Navisite today announced its Cloud Cost Optimization Service has been named a winner in the 2024 BIG Innovation Awards presented by the...