JMC Projects Q4 results: Posts Rs 41 cr profit; co declares 35% dividend
Posted on Monday May 10, 2021

Total income of the company rose to Rs 1,403.14 crore in the quarter from Rs 984.81 crore in the same period a year ago.


HSIL Q4 results: Net profit rises multifold to Rs 33 cr
Posted on Monday May 10, 2021

Its revenue from operations during January-March 2021 rose 37.35 per cent to Rs 633.21 crore, compared with Rs 461.03 crore in the year-ago period.


Sebi comes out with disclosure requirements under Business Responsibility and Sustainability Report
Posted on Monday May 10, 2021

The new report -- Business Responsibility and Sustainability Report (BRSR)-- will replace the existing Business Responsibility Report (BRR).


Sify Q4 results: Net profit jumps over 6-fold to Rs 90 crore
Posted on Monday May 10, 2021

The revenue of Sify increased by 19.5 per cent to Rs 686 crore during the quarter under consideration from Rs 573.6 crore in the corresponding period of the previous financial year.


Chambal Fertilisers Q4 results: Net profit surges to Rs 542 cr
Posted on Monday May 10, 2021

Its total revenue from operations for the quarter under review witnessed a decline of 16.67 per cent at Rs 1,640.76 crore as compared to Rs 1,969.09 crore in the same period of FY20.


LIBOR is dying, but markets not ready to let it go
Posted on Monday May 10, 2021

The London Interbank Offered Rate or Libor, once dubbed the world's most important number, will be replaced at the end of December with "risk free" rates compiled by central banks.


Upgrades of Asian corporate earnings at highest in 5 months
Posted on Monday May 10, 2021

The big upgrades came as regional economies such as South Korea, Taiwan and Vietnam saw an increase in factory output and shipments thanks to a rise in demand from developed economies which are making a fast recovery from the coronavirus crisis.


Oil buying accelerates amid growing confidence in economic recovery
Posted on Monday May 10, 2021

Hedge funds and other money managers purchased the equivalent of 40 million barrels in the six most important petroleum futures and options contracts in the week to May 4.


FOMO playing out in copper; industrial metal hits new peak
Posted on Monday May 10, 2021

Three-month copper on the London Metal Exchange climbed to an all-time high of $10,747.50 a tonne after first breaking through a decade-old record on Friday.


HFCL Q4 results: Posts net profit of Rs 86.50 crore; company firms up 5G plans
Posted on Monday May 10, 2021

Delhi-based company posted a net profit of Rs 86.47-crore for the quarter ended March 31, 2021, a 1.6% increase over the previous quarter's Rs 85.11 crores. HFCL's total income stood at Rs 1,391.40-crore in Q4, 2020-21 over Rs 1,277.40-crore in Q3 FY 2020-21.



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‘It’s a big deal’ for America's push to reopen, says NIH Director on Pfizer vaccine approval for adolescents
Posted on Monday May 10, 2021

NIH Director Dr. Francis Collins says the FDA's emergency use authorization of Pfizer and BioNTech’s Covid vaccine for kids ages 12 to 15 is “a big deal.”


As Boston Celtics struggle, jersey patch partner Vistaprint takes the long view
Posted on Monday May 10, 2021

The Celtics could miss the NBA's postseason, costing corporate sponsor Vistaprint increased brand exposure for its $10 to $15 million jersey patch.


Tesla, GM and Visa among the 'Memorial Day trade' stocks to play, Jim Cramer says
Posted on Monday May 10, 2021

The charts, as interpreted by the legendary Larry Williams, show there's a trading opportunity in summertime stocks, the "Mad Money" host said.


Investors are being driven out of the flashy stocks into 'boring' names as the economy grows, Jim Cramer says
Posted on Monday May 10, 2021

"The stocks that held up today are the ones that belong to companies with products that are in strong demand," the "Mad Money" host said.


Tour Faith Hill and Tim McGraw's $35 million private island
Posted on Monday May 10, 2021

The Bahamian island Faith Hill and Tim McGraw spent years and many millions to develop is on the market for $35 million.


Mall owner Simon's CEO sees shopper 'euphoria' as people return to stores
Posted on Monday May 10, 2021

Mall owner Simon Property says shoppers are getting back to malls, but that it's hard to predict what traffic trends are going to look like one year from now.


FDA permits use of the Pfizer-BioNTech Covid vaccine in kids ages 12 to 15
Posted on Monday May 10, 2021

The FDA granting use of the shot in younger age groups will allow middle school-aged students to get vaccinated before school starts this fall.


Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test
Posted on Monday May 10, 2021

Virgin Galactic delivered first quarter results after the market closed on Monday.


Cloudflare seeing uptick in cyber incidents as hackers try 'unleashing everything,' CEO says
Posted on Monday May 10, 2021

"In the last six months, we've seen a dramatic uptick in attacks against our customers," Cloudflare CEO Matthew Prince told CNBC.


NBC will not air 2022 Golden Globes as it presses for faster diversity reforms
Posted on Monday May 10, 2021

NBC will not air the Golden Globes awards in 2022, the network said Monday.


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