BUSINESS
Data breaches in Indian companies lead to hidden costs, loss of business, says report
Criminal breaches or malicious attacks was the key cause for 42 percent of data breaches in India. The report estimates that companies lose $350 million for a breach of 50 million records.
BUSINESS
Top 5 trends on D-Street today: RIL's re-entry to $100 bn m-cap club, OMCs' surge post crude fall dominate market
Reliance Industries crosses a market capitalization of USD 100 billion after a decade. Global oil prices fall, Indian oil companies and aviation sector record gains.
BUSINESS
India’s factory output growth slows to 3.2% in May vs 4.9% in April
Manufacturing sector, which accounts for more than three-fourths of the entire index, came in at 2.8 percent in May a steep fall as compared to 5.2 percent in April
BUSINESS
Intellect Design Q1 PAT may dip 22.8% QoQ to Rs. 20 cr: HDFC Securities
Net Sales are expected to increase by 3.5 percent Q-o-Q (up 31.8 percent Y-o-Y) to Rs. 318 crore, according to HDFC Securities.
INDIA
31 schools, 57 hotspots high on drug peddlers' radar: Delhi police
The police have also prepared a zone-wise list of areas in the national capital that have become drug-smuggling hubs.
BUSINESS
Owner of brands like Cartier and Montblanc to use blockchain to track diamonds
Keyu who is a renowned economist and an associate professor at the London School of Economics also argued that the blockchain projects were not drawing benefits from the existing academic research in the field
BUSINESS
Sonata Software Q1 PAT may dip 2.6% QoQ to Rs. 53 cr: HDFC Securities
Net Sales are expected to increase by 13.1 percent Q-o-Q (up 11.5 percent Y-o-Y) to Rs. 708 crore, according to HDFC Securities.
BUSINESS
Double whammy for economy as retail inflation touches 5-month high, factory output slows
Retail inflation, measured by Consumer Price Index (CPI), had fallen to 1.46 percent in June 2017
BUSINESS
SLIDESHOW | Nifty at 11K! These top 10 stocks can give 22-50% return
A look at top bets by Karvy, which expects year-end target for the Sensex at 37,500.
TECHNOLOGY
Opera browser to introduce built-in cryptocurrency wallet for Android users
Opera will use Android’s secure system lock to complete cryptocurrency transactions directly from the browser.
BUSINESS
eClerx Q1 PAT seen up 7.2% QoQ to Rs. 69 cr: HDFC Securities
Net Sales are expected to increase by 4 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs. 375 crore, according to HDFC Securities.
BUSINESS
Ola is now making money on its rides, but still has a long way to go
The company is projecting a net operating loss of Rs 1,235 crore for the year ending March 2019 and a profit of Rs 746 crore for the year ending March 2020.
BUSINESS
Zensar Tech Q1 PAT may dip 4.2% QoQ to Rs. 70 cr: HDFC Securities
Net Sales are expected to increase by 6.6 percent Q-o-Q (up 18.2 percent Y-o-Y) to Rs. 872 crore, according to HDFC Securities.
BUSINESS
Technical View: Nifty forms a 'Shooting Star' pattern; tread with caution
Traders turned cautious ahead of June retail inflation and May industrial output data due later in the day.
BUSINESS
Take Solutions Q1 PAT seen up 8.5% QoQ to Rs. 50 cr: HDFC Securities
Net Sales are expected to increase by 8.1 percent Q-o-Q (up 38.5 percent Y-o-Y) to Rs. 491 crore, according to HDFC Securities.
TECHNOLOGY
Instagram starts allowing users to request for verified badge
To get their accounts a 'verified badge', users will have to submit their full name along with a government id proof. The request will be then reviewed by Instagram.
BUSINESS
KPIT Technologies Q1 PAT seen up 7.4% QoQ to Rs. 82 cr: HDFC Securities
Net Sales are expected to increase by 6.4 percent Q-o-Q (up 18.2 percent Y-o-Y) to Rs. 1,029 crore, according to HDFC Securities.
BUSINESS
Persistent Q1 PAT seen up 19.5% QoQ to Rs. 88 cr: HDFC Securities
Net Sales are expected to increase by 8.1 percent Q-o-Q (up 11.7 percent Y-o-Y) to Rs. 813 crore, according to HDFC Securities.
BUSINESS
Tata Elxsi Q1 PAT may dip 1.5% QoQ to Rs. 69 cr: HDFC Securities
Net Sales are expected to increase by 8.4 percent Q-o-Q (up 25.8 percent Y-o-Y) to Rs. 407 crore, according to HDFC Securities.
BUSINESS
L&T Tech Q1 PAT may dip 3.5% QoQ to Rs. 144 cr: HDFC Securities
Net Sales are expected to increase by 5.3 percent Q-o-Q (up 35 percent Y-o-Y) to Rs. 1,111 crore, according to HDFC Securities.
WORLD
Facebook testing feature that reveals number, location of users who send messages from unknown accounts
The social media platform is testing a new feature that will share additional information for messages coming in from unknown contacts - such as account creation date, or the associated phone number used to log in among other things
BUSINESS
Hexaware Q2 PAT may dip 2.2% QoQ to Rs. 131 cr: HDFC Securities
Net Sales are expected to increase by 7.6 percent Q-o-Q (up 14.8 percent Y-o-Y) to Rs. 1,129 crore, according to HDFC Securities.
BUSINESS
Mphasis Q1 PAT may dip 5% QoQ to Rs. 238 cr: HDFC Securities
Net Sales are expected to increase by 4 percent Q-o-Q (up 18.2 percent Y-o-Y) to Rs. 1,815 crore, according to HDFC Securities.
BUSINESS
Karnataka Bank posts highest ever quarterly profit at Rs 163 cr in Q1, up 22%
Operating profit during the quarter grew by 19.11 percent to Rs 368.88 crore while other income fell 3.95 percent to Rs 208.80 crore compared to year-ago.
