Shares of Macrotech Developers fell 5% after reporting Q4 results on Wednesday. The profit rose 21% YoY to Rs 670 crore for the quarter, while revenue from operations grew 23% YoY to Rs 4,020 crore. The real estate developer also recorded its best-ever quarterly and annual pre-sales performance.
Stay updated with live updates and analysis on Eicher Motors’ share price today. Discover the latest stock information, including price trends, historical data, market capitalization, and more. Make well-informed financial decisions with expert insights and recommendations.
Wipro announced that its current CEO, Thierry Delaporte, will be leaving the company. Srini Pallia, a company veteran, will take over the role on April 7. Delaporte’s tenure was marked by value erosion in Wipro’s stock and an exodus of senior leadership. The decision comes after a closed-door meeting of Wipro’s key board members. The company has been criticized for underperformance and will announce its Q4FY24 financial results on April 19. Delaporte will assist with the transition until May-end.
Hindalco Industries has experienced a significant increase in trading volume, with today’s volume reaching 11,844,758 units. Stay updated with the latest developments and trends in Hindalco Industries stock.
Stay up-to-date with the Tata Steel Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a prominent stock. Explore the latest information on Tata Steel’s stock price, market capitalization, volume, and more. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Join us on this journey as we delve into the exciting world of Tata Steel and its market potential.
European regulators have expressed concerns that Amazon’s proposed acquisition of iRobot may harm competition. The European Commission believes that the buyout may hinder iRobot’s rivals from effectively competing on Amazon’s marketplace, particularly in France, Germany, Italy, and Spain. They also believe that Amazon may engage in anti-competitive practices by limiting visibility and raising costs for iRobot’s rivals. The commission has until February 14th to make a final decision on the deal. Amazon’s acquisition of iRobot was announced last year for $1.7 billion.
SAS shares plummeted by 95% after the airline announced a financial restructuring to avoid bankruptcy. The company will bring in new major shareholders and delist its stock from exchanges. Air France-KLM plans to integrate SAS flights into its own airlines to enhance its presence in the Nordic region.
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