Page 68 - Intelligence Group News Today

With Taiwanese electronics manufacturer Wistron selling its India operations to Tata Group for $125 million, Tata Electronics is going to become the first Indian company to manufacture new Apple iPhones in the country, which is a major fillip ...

Reliance Industries reported strong Q2 growth across its energy, retail, and telecom divisions, with a 30% YoY rise in operating profit to ₹44,867 crore. Robust performance in the oil-to-chemicals, exploration, and retail segments, along with a surge in Singapore gross refining margin, contributed to RILs success. With RILs improving financials and debt stabilization, investor concerns have eased.

VANCOUVER, British Columbia, Oct. 26, 2023 -- BIGG Digital Assets Inc. , a leading innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence...

TerraZero Technologies Inc. Announces Integration of Spotify Premium into First Intraverse PRO Music Experience with Teddy Swims and Warner Records...

The company has a portfolio of 43 commercialised products with long-standing and multi-year contracts with MNCs. Its top five customers contribute 75% of its revenues. It has a production capacity of 1,000 kilolitres across its three plants in Maharashtra with expansion planned to take it to 1,500 kl.

The Malian junta and its Wagner Group auxiliaries cannot backfill withdrawing UN forces in northern Mali while maintaining pressure across the country, which will likely create gaps for al Qaeda­–affiliated militants to exploit in central Mali. Al Qa

In an asset-light model, instead of owning properties, hotel companies adopt the franchise route thereby reducing capital investment. Between FY15 and FY23, the average operating margin before depreciation and amortisation (Ebitda margin) of the sample hotel companies improved to 34.6% from 17.6%. The share of rooms based on management contract (asset-light model) during the period increased to 40% from around 15%.

There are a few reasons why analysts have raised their forecast on the companys operating profit or earnings before interest, tax, depreciation and amortisation (Ebitda).

In an asset light model, instead of owning properties, hotel companies adopt franchise route thereby reducing capital investment. Between FY15 and FY23, the average operating margin before depreciation and amortisation (EBITDA margin) of the sample hotel companies improved to 34.6% from 17.6%. The share of rooms based on management contract (asset-light model) during the period increased to 40% from around 15%.

It was just over one week ago that AMD announced plans to acquire Nod.ai to enhance their open-source AI software capabilities