BUSINESS
Mahanagar Gas Q1 PAT may dip 9.9% YoY to Rs. 112 cr: HDFC
Net Sales are expected to increase by 11.9 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 594 crore, according to HDFC.
BUSINESS
Indraprastha Gas Q1 PAT seen up 5.2% YoY to Rs. 170 cr: HDFC
Net Sales are expected to increase by 21.4 percent Y-o-Y (up 3.3 percent Q-o-Q) to Rs. 1,274 crore, according to HDFC.
BUSINESS
Oil India Q1 PAT seen up 92.1% YoY to Rs. 865 cr: HDFC
Net Sales are expected to increase by 43.5 percent Y-o-Y (up 11.6 percent Q-o-Q) to Rs. 3,347 crore, according to HDFC.
BUSINESS
GAIL Q1 PAT seen up 25.2% YoY to Rs. 569 cr: HDFC
Net Sales are expected to increase by 36.8 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 15,601 crore, according to HDFC.
BUSINESS
Petronet LNG Q1 PAT seen up 22.8% YoY to Rs. 358 cr: HDFC
Net Sales are expected to increase by 50.3 percent Y-o-Y (up 12 percent Q-o-Q) to Rs. 9,673 crore, according to HDFC.
BUSINESS
HPCL Q1 PAT seen up 46.6% YoY to Rs. 1,356 cr: HDFC
Net Sales are expected to increase by 36.9 percent Y-o-Y (up 20.4 percent Q-o-Q) to Rs. 73,215 crore, according to HDFC.
BUSINESS
BPCL Q1 PAT seen up 175.5% YoY to Rs. 2,051 cr: HDFC
Net Sales are expected to increase by 38.7 percent Y-o-Y (up 21.4 percent Q-o-Q) to Rs. 79,224 crore, according to HDFC.
BUSINESS
Indian Oil Corporation Q1 PAT seen up 147.1% YoY to Rs. 6,580 cr: HDFC
Net Sales are expected to increase by 35.6 percent Y-o-Y (up 18.6 percent Q-o-Q) to Rs. 1,39,187 crore, according to HDFC.
BUSINESS
ONGC Q1 PAT seen up 80.9% YoY to Rs. 7,035 cr: HDFC
Net Sales are expected to increase by 44.2 percent Y-o-Y (up 14.7 percent Q-o-Q) to Rs. 27,503 crore, according to HDFC.
WORLD
Facebook will remove fake news articles that spur violence
Facebook plans to remove fake news articles that incite violence. This includes images as well as written posts.
WORLD
Indian-origin techie develops app that enables home speakers to read sign language
The app uses a camera to read sign language. Once it registers the instruction by the user, it transmits a voice command to a home speaker through a laptop. When Echo responds, the app registers it and consequently types it out for the user.
TECHNOLOGY
Suzuki Motorcycle India launches Burgman Street 125 maxi-scooter for Rs 68,000
The new Suzuki is based on the Access 125, using the same engine, but weighing about 8 kg more. To account for that, Suzuki has tuned the engine slightly differently to produce 8.7 PS of power and 10.2 Nm of peak torque.
BUSINESS
WNS Q1 profit rises 34% to $22 million helped by automation
Net revenue in the June-ended quarter was USD 196.0 million, up by 11.8 percent since the previous year, while profit grew 34.1 percent to USD $22.4 million.
BUSINESS
So what if the US has FAANG stocks? India has HRITHIK companies
India’s answer to Facebook, Apple, Amazon, Netflix and Google is its own set of top performers.
BUSINESS
Apple executives quit amid reshuffle in Siri team
Tom Gruber was one of the co-founders of the voice assistant, while Prakash was the former CEO of search engine Topsy who joined Apple in 2013 after Topsy was taken over by the company.
BUSINESS
Jubilant Food Q1 PAT seen up 98.6% YoY to Rs. 60 cr: HDFC
Net Sales are expected to increase by 20 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 810 crore, according to HDFC.
BUSINESS
Wipro Q1: Client insolvency issues, future roadmap to be on Street's radar
Wipro, which is struggling with client-specific issues, posted IT services revenue of Rs 13,412 crore in the quarter ended March and Rs 1,800 crore in consolidated net profit.
BUSINESS
Yes Bank may have flouted securities law in tiff with UBS: Report
A May 21 UBS research report on eight Indian banks for its clients claimed that Yes Bank had the highest credit exposure to the troubled power sector.
BUSINESS
Emami Q1 PAT seen up 97.2% YoY to Rs. 70 cr: HDFC
Net Sales are expected to increase by 17.2 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 620 crore, according to HDFC.
BUSINESS
Colgate Q1 PAT seen up 18.4% YoY to Rs. 160 cr: HDFC
Net Sales are expected to increase by 10 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 1,080 crore, according to HDFC.
BUSINESS
Bajaj Finserv Q1 net profit up 41% YoY at Rs 826 crore
The total income grew by 16 percent to Rs 8,771 crore in Q1
WORLD
Billionaire Marc Lasry says bitcoin's price may reach upto $40,000
He has extremely high hopes from blockchain and cryptocurrencies, especially bitcoin.
BUSINESS
Marico Q1 PAT seen up 5.8% YoY to Rs. 250 cr: HDFC
Net Sales are expected to increase by 16.7 percent Y-o-Y (up 32.6 percent Q-o-Q) to Rs. 1,960 crore, according to HDFC.
BUSINESS
Britannia Q1 PAT seen up 23.8% YoY to Rs. 270 cr: HDFC
Net Sales are expected to increase by 13.5 percent Y-o-Y to Rs. 2,540 crore, according to HDFC.
