Varanium Cloud News Today

Volatility in Indian markets is expected to intensify, peaking by the last trading day before the announcement of exit polls. Also, a downturn in the global market could dampen the enthusiasm in Indian markets

On May 17, Indian stocks may open lower due to global market trends. Retail sales data in Asia showed a modest...

Varanium Cloud, entangled in Sebis scrutiny, experienced a drastic decline in its valuation from its peak in October last year. The stock, which hit a 52-week high of 239.5 in October 2023, plummeted to Rs 29.3 in the latest trade, marking a staggering 87% decline.

India Business News: Sebi uncovers accounting frauds at Varanium Cloud and Add-Shop E-Retail on the SME platform, leading to bans for financial manipulation. Market expert

Nominal Index [Citation 1 – 175]Rohit Dembiwal v. Tata Consultancy Services Ltd. & Ors 2024 LiveLaw (Bom) 1Mirza Himayat Baig v. State of Maharashtra 2024 LiveLaw (Bom) 2M/s. Hindustan Level Employees...

The derivative lot size for 42 stocks will be decreased, effective from April 26 for expiries in May 2024 and beyond. Key stocks impacted include Adani Ports, Bharti Airtel, BHEL, SBI, and L&T.

The exchange conducts half yearly review of the lot size of current active securities on its SME platform

Its EBITDA during the quarter zoomed by 205 percent to Rs 120.95 crore from Rs 39.60 crore in Q3FY23 Its net profit increased by 196 percent to Rs 87.68 crore from Rs 29.59 crore in Q3FY23.

Varanium Cloud also plans to expand its presence in the Konkan region, establishing multiple edge data centres and ed-tech centres.

Varanium Cloud: "Varanium leverages its innovative phy-gital infrastructure, utilising technologies such as Hydra, to establish high-compute, cost-effective BPO operations in non-urban areas," the statement said.