Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
CEO Elon Musk postpones India trip ahead of results expected to show worst performance in seven yearsBusiness live – latest updatesShares in Tesla came under pressure on Monday after the electric carmaker announced a round of price cuts ahead of a difficult set of results for the company’s chief executive, Elon Musk.Tesla stock fell as much as 5% in early trading before recovering slightly to a deficit of 3.4% in the wake of the price reductions around the globe, including slashing the cost of...
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Shares of Hindustan Unilever on Thursday dipped 2 per cent after the company reported a 1.53 per cent decline in consolidated net profit for the fourth quarter ended March 31, 2024. The company's stock declined 1.94 per cent to Rs 2,215.25 on the BSE. At the NSE, it went lower by 1.99 per cent to Rs 2,215.10 apiece. FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in consolidated net profit at Rs 2,561 crore for the fourth quarter ended March 31, 2024 due to factors...
CINCINNATI, April 19, 2024--The Procter & Gamble Company (NYSE:PG) reported third quarter fiscal year 2024 net sales of $20.2 billion, an increase of one percent versus the prior year. Organic sales, which excludes the impacts of foreign exchange and acquisitions and divestitures, increased three percent. Diluted net earnings per share were $1.52, an increase of 11% versus prior year.
Investing.com -- Wall Street looks set to end the year on a positive note,
Tesla's announcement Monday that it's cutting jobs sent the shares down nearly 6%, continuing the year's sell-off.
Google layoffs: Tech giant Google announced major restructuring plans that could result in some employees getting fired, as per a report. Ruth Porat, chief financial officer at Google, sent a memo to employees informing them about company’s new plans, CNBC reported. What memo said on Google's restructuring plans?Ruth Porat wrote in the memo as per the report, “The tech sector is in the midst of a tremendous platform shift with Al. As a company, this means we have the opportunity to make more...
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
LOWELL, Ark., April 16, 2024--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced first quarter 2024 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $127.5 million, or diluted earnings per share of $1.22 versus first quarter 2023 net earnings of $197.8 million, or $1.89 per diluted share.
Ten Hag and several senior players have incentivised contracts at Man United. Team's chances of making next season's Champions League are fading fast. Coventry's epic comeback is what the FA Cup is all about – we don't need to change it – Listen to the
Discover the Reliance Industries Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of Reliance Industries with the latest details, including: Last traded price 2929.65, Market capitalization: 1982233.13, Volume: 6451031, Price-to-earnings ratio 28.33, Earnings per share 77.32. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of Reliance Industries's performance....