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Oracle Financial Services Shares in Focus: Released Q2 FY25 Results

Oracle Financial Services Shares in Focus: Released Q2 FY25 Results

25 October 2024

On October 24, 2024, Oracle Financial Services Software Limited, a majority-owned subsidiary of Oracle reported its financial results for the quarter that ended September 30, 2024. The company achieved a consolidated revenue of ₹1,674 Crore, marking a 16% increase YoY. In addition, the operating income rose to ₹724 Crore, up 36%, while net income reached …

Glenmark Life Sciences Shares Slipped Over 2%: Announced Q2 FY25 Results

Glenmark Life Sciences Shares Slipped Over 2%: Announced Q2 FY25 Results

25 October 2024

Glenmark Life Sciences Limited (GLS), a leading developer and manufacturer of specialized, high-value Active Pharmaceutical Ingredients (APIs) for chronic therapeutic areas, has announced its financial results for the quarter and half-year ended September 30, 2024. For the first half of FY25, GLS reported revenue from operations of ₹10,955 million, representing a 6.7% year-over-year decline.  In …

Rising Bomb Threats: Growing Concern For Indigo and Spicejet

Rising Bomb Threats: Growing Concern For Indigo and Spicejet

25 October 2024

India’s aviation industry is facing significant disruptions due to a wave of false bomb threats. In just nine days, over 130 hoax calls have been reported to various airlines. This has led to widespread panic, flight delays, and diversions. On Thursday, October 24th alone, Indian carriers like Air India, Vistara, Akasa Air, and IndiGo received …

Ujjivan Small Finance Bank Shares Tumbled Over 4% Post Q2 FY25 Results Announcement

Ujjivan Small Finance Bank Shares Tumbled Over 4% Post Q2 FY25 Results Announcement

25 October 2024

On October 24, 2024, Ujjivan Small Finance Bank Ltd released its financial performance report for the quarter ending September 30, 2024. The bank has shown positive trends in various key metrics, reflecting its growth and stability in the small finance sector. Business Performance Highlights for Q2 FY25 Assets The gross loan book reached ₹30,344 crore, …

Godrej Properties To Add ₹5,500 Crore in Revenue Via New Housing Project in Gurugram

Godrej Properties To Add ₹5,500 Crore in Revenue Via New Housing Project in Gurugram

25 October 2024

On October 25, 2024, Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, announced that it had emerged as the highest bidder and secured the Letter of Intent to develop a group housing plot on Golf Course Road in Gurugram, following an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The 7.5-acre …

Adani Wilmar Q2 FY25 Earnings Results: Net Profit Rises to ₹311 Crore on Higher Revenue

Adani Wilmar Q2 FY25 Earnings Results: Net Profit Rises to ₹311 Crore on Higher Revenue

25 October 2024

Adani Wilmar Limited (AWL), the fast-moving consumer goods (FMCG) branch of the Adani Group, released its Q2 FY25 earnings on October 24, 2024. The company saw an 18% increase in revenue, reaching ₹14,460 crore compared to the same quarter last year, with a volume growth of 12%. This growth was fueled by strong performances in …

Reliance Jio Hotstar Domain Row: Reliance Declines Delhi Techie’s Offer, Considers Action

Reliance Jio Hotstar Domain Row: Reliance Declines Delhi Techie’s Offer, Considers Action

25 October 2024

The anticipated merger between JioCinema and Disney+ Hotstar is expected to disrupt India’s streaming market, with experts predicting the combined platform could dominate the OTT space. However, there’s already an unexpected challenge—a tech-savvy individual from Delhi has claimed the domain name “JioHotstar,” potentially complicating the launch of a unified platform. Though official details about the …

Wipro Leverages NVIDIA AI to Transform Business Strategies Across Industries

Wipro Leverages NVIDIA AI to Transform Business Strategies Across Industries

25 October 2024

Wipro Limited has announced innovative initiatives that harness the full NVIDIA AI stack, aiming to empower clients across various sectors, including healthcare, communications, and financial services. This strategic move is designed to facilitate the rapid development and implementation of new business strategies tailored for the AI era, leveraging NVIDIA AI Enterprise. As part of this …

Ajooni Biotech Received Repeat Export Orders From Bangladesh-Based Avon Animal Health

Ajooni Biotech Received Repeat Export Orders From Bangladesh-Based Avon Animal Health

25 October 2024

Ajooni Biotech Limited, known for its pure veg animal healthcare solutions, is celebrating a big win! The company has just bagged a repeat export order from Avon Animal Health, one of the biggest distributors of animal health products in Bangladesh. This will directly help deepen its footprint in the Asian market. Products in Focus The …

Cyient Share Price Up 5.99%; Declares ₹12/Share Dividend, Q2 FY25 Revenue Reaches ₹1,450 Crore

Cyient Share Price Up 5.99%; Declares ₹12/Share Dividend, Q2 FY25 Revenue Reaches ₹1,450 Crore

25 October 2024

Cyient Limited announced its financial results for the quarter ending September 30, 2024 and declared an interim dividend. Financial Highlights for Q2 FY25 Cyient Digital, Engineering, and Technology (DET) segment revenue stood at ₹1,450 crores, marking a quarter-on-quarter (QoQ) growth of 2.5%. However, on a year-on-year (YoY) basis, there was a slight decline of 1.8%. …

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