J&J Looks at Job Cuts Despite Better Q3 Earnings
On Tuesday, Johnson & Johnson posted better-than-expected Q3 earnings on strong demand for its cancer drug Darzalex. However, the company said it may still cut
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BYD Releases Q3 Estimated Results Showing Record Sales
On Tuesday, shares of BYD Co (OTC:BYDDY) climbed as much as 7.25 per cent after the Warren Buffet-backed Chinese automaker announced its estimated 3Q numbers
GMDC’s Q2 Net Profit Rose to Rs 151 Crore
On Tuesday, Gujarat-based Gujarat Mineral Development Corporation (GMDC) reported nearly four-fold growth in its consolidated profit at Rs 151.2 crore for the quarter that ended
Eli Lilly to Acquire Gene Therapy Company Akouos for $487 Million
Eli Lilly and Co is going to acquire genetic medicine developer Akouos Inc for about USD 487 million in cash as the drugmaker company aims
Ambuja Cements Allots Rs 47.74 Crore Warrants to Adani Family Company, Raises Rs 5,000 Crore
Ambuja Cements Ltd said on Tuesday it had issued warrants of Rs 47.74 crore to the Adani family business Harmonia Trade and Investment and raised
Tata Comm Jumps as Q2 PAT Rises to Rs 532 Crore
Tata Communications advanced 3.43 per cent to Rs 1,235.95 after the Tata Group company reported a 25.13 per cent rise in net profit to Rs
Goldman Sachs Profit Falls, Bank Confirms its Reorganisation Plan
On Tuesday, Goldman Sachs Group Inc (NYSE: GS) informed that it was reorganising its business into three units. The Wall Street giant undertook another overhaul
PSP Projects Slips After Q2 PAT Fall 41% YoY
PSP Projects tumbled 7.78 per cent to Rs 590.10 after the consolidated net profit fell 40.8 per cent to Rs 21.54 crore on a 7.8
Maharashtra Seamless Announces 1:1 Bonus Share Issuance
Small-cap company Maharashtra Seamless on Monday announced a 1:1 bonus issue, meaning that as of the record date, investors held one share of share capital
Microsoft Lays Off About 1,000 Jobs Amid Global Economic Slowdown
Microsoft has fired about 1,000 employees across multiple divisions like the Xbox and the Edge teams. The layoffs affected less than 1 per cent of