San Francisco, Feb 1 (SocialNews.XYZ) US-based cybersecurity company Proofpoint is laying off 280 employees, or around six per cent of its total workforce of 4,500. The job cuts will include around 20 employees in its…
New Delhi, Feb 1 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman’s Interim Budget 2024 to be presented in Parliament at 11 am today is expected to continue with the government’s big ticket expenditure on infrastructure projects and…
Mumbai, Jan 31 (SocialNews.XYZ) Nifty bounced back from a weak start and closed with gains of 204 points at 21,726 levels on Wednesday, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services….
Mumbai, Jan 31 (SocialNews.XYZ) Sun Pharmaceutical Industries Ltd on Wednesday reported a 16.52 per cent rise in net profit at Rs 2,523.75 crore for the October-December quarter of the current financial year on the back…
Mumbai, Jan 31 (SocialNews.XYZ) A positive build-up was reflected in Indian markets prior to the Interim Budget (Feb 1) on Wednesday and although expectations are low, the market anticipates a lower fiscal deficit supported by…
New Delhi, Jan 31 (SocialNews.XYZ) E-commerce major Flipkart on Wednesday announced that it is gearing to roll out same day delivery of products across multiple categories in metro and non-metros cities. The move will see…
Chennai, Jan 31 (SocialNews.XYZ) Passenger car major Maruti Suzuki India Ltd closed the third quarter of FY24 with a higher net profit of Rs 3,130 crore on the back of lower material cost and increased…
New Delhi, Jan 31 (SocialNews.XYZ) Max Healthcare on Wednesday reported 26 per cent increase in net profit at Rs 338 crore for the third quarter (October-December) of the current financial year up from Rs 269…
New Delhi, Jan 31 (SocialNews.XYZ) Online food delivery platform Swiggy’s net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023. The IPO-bound Swiggy’s operating revenue jumped around 45 per…
New Delhi, Jan 31 (SocialNews.XYZ) The India Cellular and Electronics Association (ICEA), the nation’s top electronics manufacturing industry body, on Wednesday said the move by the government to slash import duty on parts used for…
New Delhi, Jan 31 (SocialNews.XYZ) In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from…
San Francisco, Jan 31 (SocialNews.XYZ) Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for…
New Delhi, Jan 30 (SocialNews.XYZ) Construction and engineering giant Larsen & Toubro (L&T) on Tuesday reported a 15 per cent increase in net profit at Rs 2,947 crore for the Oct-Dec quarter of the current…
Mumbai, Jan 30 (SocialNews.XYZ) Zee Entertainment shares jumped more than 5 per cent on Tuesday amid reports of an emergency arbitration hearing of its terminated merger with the Sony Group in Singapore. Zee shares closed…
Mumbai, Jan 30 (SocialNews.XYZ) Nifty has been displaying one day up, one day down pattern for at least the last seven sessions. This shows the indecision on the part of the investors and traders ahead…
Chennai, Jan 30 (SocialNews.XYZ) Automotive wheels major, Wheels India Ltd on Tuesday said it has registered a net profit of Rs 12.58 crore for the Q3 ended 31st December 2023 as compared to Rs 15.36…
Mumbai, Jan 30 (SocialNews.XYZ) Nifty exhibited volatility throughout the day on Tuesday, with a prevailing bearish trend, said Rupak De, Senior Technical Analyst at LKP Securities. While the Nifty 50 closed Tuesday 216 points, or…
Chennai, Jan 30 (SocialNews.XYZ) TVS Industrial and Logistical Parks (TVS ILP) on Tuesday announced signing of MoU with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of logistics and warehousing park in…
Mumbai, Jan 30 (SocialNews.XYZ) Adani Energy Solutions (AESL) feels that the competitive intensity for the Tariff Based Competitive Bidding (TBCB) based projects — worth Rs 1.1 lakh crore in pipeline — has ebbed significantly. Post…
Chennai, Jan 30 (SocialNews.XYZ) City-based automotive brake lining maker Rane Brake Lining Ltd closed third quarter of FY24 with a marginal increase in its net profit of Rs 10.12 crore. In a regulatory filing on…