News Muncher - category profit

4 days, 11 hours ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Stock Market Market Interest Rates Interest Revenue Fed Quarter

4 days, 16 hours ago

BCCI sees huge profit, earns Rs 4200 crore more after astronomical IPL viewership

India Today

BCCI's healthy bank balance got healthier this year with an approximate increase of Rs 4200 crore, taking the overall earnings to a whopping Rs 20,686 crore. Back in June 2022, the IPL media rights were sold for an astronomical Rs 48,390 crore for a five-year period. In the FY24-25, the BCCI is expected to earn Rs 10,054 crore with the …

Ipl Crore Bcci Sees Huge

4 days, 16 hours ago

Wall Street ends little changed after giving up a big morning gain

LA Times

Specialist Anthony Matesic works on the floor of the New York Stock Exchange. The Standard & Poor’s 500 edged down 0.1% after Wednesday’s tumble of 2.9% when the Federal Reserve said it might deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell short of Wall Street’s forecasts, and Chief Executive Sanjay Mehrotra …

Market Interest Rates Interest Revenue Fed Quarter Rate

5 days, 16 hours ago

Mobikwik shares make bumper debut: Should you book profit?

India Today

Mobikwik shares made an impressive debut on the stock exchanges on Wednesday, listing at a premium of over 50%. The Mobikwik IPO was oversubscribed 119.38 times in total, with retail investors leading the way by subscribing 134.67 times. Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said that the company’s recent move towards profitability and the increasing adoption of …

Ipo Mobikwik Book Profit

6 days, 11 hours ago

Aaradhya Disposal Industries files draft papers with NSE Emerge

Live Mint

New Delhi, Dec 17 Aaradhya Disposal Industries, a manufacturer and exporter of high-quality eco-friendly paper products, on Tuesday said it has filed preliminary papers with NSE Emerge to mop-up funds through an initial public offering. Dewas-headquartered Aaradhya Disposal Industries specialises in the manufacturing of high-quality paper products that cater to a wide range of industries, both domestic and international. Founded …

Crore Ipo Nse Nse Emerge

1 week ago

Former Sebi chairman backs increased fee for directors

Live Mint

Recognizing the increased responsibilities of the Board and the directors and longer number of hours required for productive Board meetings, M. Damodaran, former chairman of the Securities and Exchange Board of India recommended increasing the sitting fees of directors. In FY24, only 29 of the 72 companies considered for the survey paid ₹1 lakh in sitting fees to directors, data …

Board Companies Company Report Number Fee Directors

1 week ago

Voltas’ fortune tied to AC business despite Voltbek optimism

Live Mint

The cool comfort that stock returns of air conditioner company Voltas Ltd gives is offset by its valuation. Looking at the market capitalization of Voltas at ₹60,000 crore, the company’s 49% stake is valued at about ₹3,500 crore or merely 6% of overall valuation, according to ICICI Securities report dated 10 December. This leaves a residual market capitalization of ₹57,000 …

Business Profit Crore Valuation Voltas Voltbek Ebitda Ac

1 week, 2 days ago

Cowasjee Readymoney’s pioneering path from profit to purpose

Live Mint

The name Readymoney evokes an almost magical ability to conjure wealth at will. Read this | Jagannath Nana Shankarshet: A forgotten visionary amidst colonial chaos Long before instant transfers and digital banking, Cowasjee’s financial ingenuity revolutionized how money moved swiftly across the vast expanse of the British Empire. From business pioneer to philanthropic visionary Cowasjee’s network-driven practices, far ahead of …

India Mumbai Financial British Bombay Parsi Jehangir

1 week, 2 days ago

Pfizer reports $11.4 billion profit in Dutch operations despite post-pandemic decline

NL Times

Pharmaceutical giant Pfizer has recorded 11.4 billion dollars in profit from its Dutch subsidiary, C.P. Pfizer’s global revenue fell sharply from 74.4 billion dollars in 2022 to 46.9 billion euros over the past year. Pfizer's Dutch arm, which had reported 19.9 billion dollars in profits in 2021/2022 and 18.7 billion dollars in 2020/2021, has now returned to pre-pandemic profit levels …

Dutch Profit Billion Dollars Pfizer

1 week, 3 days ago

Man City set to spend big on transfers after revealing latest financial accounts

The Independent

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Manchester City are in a position to go …

Champions League City Profit Psr

1 week, 3 days ago

Watchlist 2025: Three mid-cap stocks that scored five out of five in 2024

Live Mint

As 2024 comes to an end and most of us get ready to put on our warm clothes and party hats, it’s time to look back at the year that was. Over the last three years, the company’s sales have also grown at a compounded rate of 103%, from ₹25 crore in 2020-21 to ₹128 crore in 2023-24. View Full …

India Stocks Industry Company Stock Profit 2024

1 week, 3 days ago

Letters to the Editor: Don’t target insurance CEOs. Target the medical insurance industry

LA Times

Police guard the scene outside a Hilton hotel in New York where the UnitedHealthcare CEO was killed Dec. 4. Many civilized nations don’t even have private medical insurance, except at the margins and mainly for the rich. When they were ready to release her, they said apologetically, “Since you are not French citizens, when you come back in three days …

Healthcare Insurance New York Unitedhealthcare

1 week, 3 days ago

From The Hindu, December 13, 1974: Criteria for opening new post offices

The Hindu

New Delhi, Dec. 12: The Union Minister of Communications, Dr. Shankar Dayal Sharma, told Mr. P.R. Shenoy in the Lok Sabha yesterday that profit was not the main criterion for opening new post office. So far as rural areas were concerned, a new post office in a normal area should earn at least 25 per cent of the cost as …

Office Rural Areas Post New Post Office

1 week, 4 days ago

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Firstpost

A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report talks about a record high profit by the private sector, with stagnation in salaries of the workers — one of the reasons for sluggish private consumption, a key …

India Growth Economic Growth Report High Cent Wage

1 week, 4 days ago

Private sector profit grew 4x in last 4 years, but salaries stagnant: Report

Hindustan Times

The government has raised concerns over the country's slowing economic growth, which dropped to 5.4 percent in July-September, citing the gap between corporate profits, which have grown four-fold over the past four years and the stagnation of employee wages. The report shows that from 2019 to 2023, annual wage growth across six sectors ranged from 0.8 percent in engineering, manufacturing, …

Growth Report Sector Fmcg Ficci Stagnant Wage

1 week, 4 days ago

Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold

Live Mint

Gold price today: Gold rates declined in the domestic futures market Thursday morning despite positive global cues after the US inflation data came broadly on expected lines, raising hopes for a 25 bps rate cut by the US Federal Reserve next week on December 18. Experts believe the US central bank will still go for a 25 bps rate cut …

Support Market Gold Price Gold Price Resistance Mcx Gold

1 week, 4 days ago

Sinotruk's revenue and profit defy weak trade

China Daily

Wang Zhijian, chairman of China National Heavy Duty Truck Group, introduces the company's achievements in 2024 and targets for 2025 at the Sinotruk Partner Conference 2025 on Sunday. China National Heavy Duty Truck Group, or Sinotruk, one of the country's major heavy-duty truck manufacturers, said despite sluggish domestic industrial performance and weakening international market, the company achieved growth in its …

Energy Market Vehicles Market Share 2024 New Energy Wang

1 week, 4 days ago

Sinotruk's revenue and profit defy weak trade

China Daily

Wang Zhijian, chairman of China National Heavy Duty Truck Group, introduces the company's achievements in 2024 and targets for 2025 at the Sinotruk Partner Conference 2025 on Sunday. China National Heavy Duty Truck Group, or Sinotruk, one of the country's major heavy-duty truck manufacturers, said despite sluggish domestic industrial performance and weakening international market, the company achieved growth in its …

Energy Market Vehicles Market Share 2024 New Energy Wang

1 week, 4 days ago

Operation Illegals: How crime networks profit from smuggling, infiltration along Bangladesh border

India Today

In the second part of Operation Illegals, India Today team shows how porous stretches and lax security along the Indo-Bangladesh in Cooch Behar have turned infiltration into a thriving business. From touts openly bragging about their infiltration exploits to agents profiting off human trafficking and smuggling, the findings paint a grim picture of national security vulnerabilities. Read part one of …

India Security Bangladesh Border Infiltration Operation Bsf

1 week, 4 days ago

Corporates in India see 4x profit but keep salaries stagnant: Report

India Today

Corporate profits have grown four times in the last four years, but real wages haven't grown, according to a report. This comes even as India's economic growth, measured in terms of GDP, dipped to 5.4% in the September quarter. A report in The Indian Express on Thursday highlighted how wages saw negative growth even as India Inc's profits grew. The …

India Growth Wages Profit Report Sector Rate

1 week, 6 days ago

Where is Praj Industries stock headed over the next 3 years?

Live Mint

Praj Industries stands out as a leader in the ethanol ecosystem, specializing in the design, manufacturing, and supply of fermentation and distillation equipment for ethanol production. While bioenergy remains Praj’s core revenue driver, the company’s growth story is equally defined by two other segments: engineering and HiPurity Systems. Growth drivers Praj Industries is charting an ambitious path to triple its …

Global Energy Growth Green Hydrogen Revenue Billion Saf

Godrej Consumer’s profit warning intensifies gloom in FMCG sector

Live Mint

Shares of Godrej Consumer Products Ltd’s plummeted more than 8% on Monday after it warned of weaker margin and volumes for the three months to December. After market hours on Friday, GCPL said its India business is expected to report flattish volume growth this quarter. GCPL’s Indonesia business is expected to deliver mid-single digit volume growth in Q3FY25. Meanwhile, GCPL’s …

Business India Growth Volume Margin Palm Oil Hul

1 week, 6 days ago

Global airline revenue to top $1 trillion for the first time in history

CNN

London CNN — The global airline industry will likely rake in more than $1 trillion in revenue next year, as passenger numbers look set to hit an all-time high of 5 billion, the International Air Transport Association said Tuesday. IATA also predicted that airlines’ average profit per passenger would increase to around $7 next year, up sharply from just $2.25 …

Industry Airlines Profit Airline Walsh Iata

2 weeks, 1 day ago

Yum! Restaurants (India) reports ₹162 cr profit in FY24, income up 13 pc to ₹832 cr

Live Mint

New Delhi, Dec 8 Yum! Restaurants, which owns QSR brands such as Pizza Hut and KFC in the Indian market, was back in the black in FY24, reporting a profit of ₹162.04 crore while its revenue from operations was up 6.6 per cent to ₹689.93 crore, the company said in an RoC filing. Restaurants was up 13.4 per cent to …

Restaurants Crore Cent Kfc Yum Pizza Hut Other Income

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Articles for Profit

Stock market today: Wall Street ends little changed after giving up a big morning gain

BCCI sees huge profit, earns Rs 4200 crore more after astronomical IPL viewership

Wall Street ends little changed after giving up a big morning gain

Mobikwik shares make bumper debut: Should you book profit?

Aaradhya Disposal Industries files draft papers with NSE Emerge

Former Sebi chairman backs increased fee for directors

Voltas’ fortune tied to AC business despite Voltbek optimism

Cowasjee Readymoney’s pioneering path from profit to purpose

Pfizer reports $11.4 billion profit in Dutch operations despite post-pandemic decline

Man City set to spend big on transfers after revealing latest financial accounts

Watchlist 2025: Three mid-cap stocks that scored five out of five in 2024

Letters to the Editor: Don’t target insurance CEOs. Target the medical insurance industry

From The Hindu, December 13, 1974: Criteria for opening new post offices

Corporate profit record high, salaries stagnant: Ficci report says mismatch impeding India’s GDP growth

Private sector profit grew 4x in last 4 years, but salaries stagnant: Report

Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold

Sinotruk's revenue and profit defy weak trade

Sinotruk's revenue and profit defy weak trade

Operation Illegals: How crime networks profit from smuggling, infiltration along Bangladesh border

Corporates in India see 4x profit but keep salaries stagnant: Report

Where is Praj Industries stock headed over the next 3 years?

Godrej Consumer’s profit warning intensifies gloom in FMCG sector

Global airline revenue to top $1 trillion for the first time in history

Yum! Restaurants (India) reports ₹162 cr profit in FY24, income up 13 pc to ₹832 cr