Record gold prices to dampen Indian demand in June, Sept quarters -WGC

Record gold prices to dampen Indian demand in June, Sept quarters -WGC

Indian gold demand in the March quarter fell 17% to the lowest level in 10 quarters and is likely to remain subdued even during June and September quarters on record-high prices, the World Gold Council (WGC) said on Friday. The lower purchases in the world’s second-biggest gold consumer could limit a rally in global prices, … Read more

Colgate-Palmolive Q3 Results: Net profit dips 4% YoY to Rs 243 crore

Colgate-Palmolive Q3 Results: Net profit dips 4% YoY to Rs 243 crore

New Delhi, (India) on Tuesday said its net profit declined by 4 per cent to Rs 243 crore in the third quarter ended December 31, 2022. The company had reported a net profit of Rs 252 crore in the October-December period of the previous fiscal. Total income, however, increased to Rs 1,302 crore in the … Read more

Wipro attrition rate moderates for 4th quarter to 21.2%

Wipro attrition rate moderates for 4th quarter to 21.2%

Bengaluru-based IT major today said its voluntary attrition rate reduced 180 basis points quarter on quarter (QoQ) to 21.2% in the December quarter. “Voluntary attrition moderated 180 bps from the previous quarter, landing at 21.2% for the trailing 12 months for the quarter,” Wipro said in its earnings release. This was the fourth quarter where … Read more

Telangana indicates raising ₹6,572 crore OMBs in Jan-March quarter

Telangana indicates raising ₹6,572 crore OMBs in Jan-March quarter

The State Government is likely to raise Open Market Borrowings (OMBs) of ₹6,572 crore in the form of auction of securities through the Reserve Bank of India for the fourth quarter of the current financial year which started on Sunday. Accordingly, the government had planned to participate in auction of securities conducted by the RBI … Read more

Quarter of ambulances getting stuck in A&E queues

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Ambulance queues When patients arrive at hospital by ambulance they should be handed over within 15 minutes. This data shows the proportion of ambulance patients who waited 30 minutes or more, in the week shown. It comes from daily situation reports which are published weekly during the winter in England. As this is fast-turnaround data, … Read more

Blockbuster Q3 gives L&T “problem of plenty” due to order inflows: Key takeaways

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MUMBAI: Larsen & Toubro’s blockbuster order inflows and earnings for the quarter ended December has made the company hopeful of the future, a sharp turnaround from the company’s position earlier this financial year when the national lockdown forced it to junk its order inflow and sales growth guidance for the first time in many years. … Read more