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eClerx Services hits the roof after Q4 PAT rises over 78% YoY

Read more about eClerx Services hits the roof after Q4 PAT rises over 78% YoY on Business Standard. eClerx Services hit an upper circuit of 20% at Rs 1617.35 after the company reported 78.2% jump in consolidated net profit to Rs 98.75 crore in Q4 FY21 from Rs 55.40 crore in Q4 FY20. ....

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Green card: Indian-American healthcare workers hold protest at US Capitol


Urging American lawmakers to pass a legislation that ends the archaic per country quota for legal permanent residency in the US, a group of frontline Indian-American healthcare professionals, stuck in the 150-plus-year Green Card backlog, held a peaceful demonstration in front of the Capitol.
A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently in the country.
In a joint statement on Monday, the Indian-American doctors said that they are in a 150-plus-year Green Card backlog due to archaic country caps that allows no nation to get more than seven per cent of employment-based green cards. ....

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HCL Tech to modernize, transform Tenneco's tech landscape


HCL Technologies announced an agreement with Tenneco Inc. for a multi-year, integrated application development, modernization, and operations services contract.
As part of this engagement, HCL will help Tenneco enhance their IT simplification, modernization and transformation journey while helping to reduce technical complexities and support the global IT application portfolio.
HCL Technologies application modernization approach will be part of the initial acceleration of Tenneco s application rationalization and modernization initiative. Tenneco Inc. is a leading Fortune 500 global tier-1 automotive supplier and manufacturer.
The announcement was made after market hours yesterday, 31 March 2021. Shares of HCL Technologies fell 1.29% to settle at Rs 983.45 yesterday.
HCL Technologies is a leading global technology company. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Pr ....

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M&M auto sales surge 505% YoY in March | Business Standard News


Mahindra & Mahindra (M&M) announced that its overall auto sales (passenger vehicles+ commercial vehicles+ exports) for March 2021 stood at 40,403 units, up 505% compared with 6,679 units in March 2020.
Sequentially, the company s auto sales surged 40.40% in March 2021 from 28,777 units sold in February 2021.
In the utility vehicles (UVs) segment, M&M sold 16,643 vehicles in March 2021, compared with 3,111 vehicles in March 2020, registering a growth of 435% YoY (year-on-year). The passenger vehicles segment (which includes UVs, cars and vans) sold 16,700 vehicles in March 2021, recording a growth of 394% over 3,383 units during the same period last year. Total exports for the month of March 2021 were at 2,126 vehicles, up by 284% from 554 vehicles sold in the same period last year. ....

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