Tata Communications on Thursday reported a consolidated net profit of Rs 227.23 crore for the second quarter of 2024-25, up 3% over Rs 220.66 crore reported in the year ago period. However, it was down 32% on a quarter-on-quarter basis versus Rs 332.84 crore posted in Q1FY25. The income from operations in the reported quarter…
The global electric vehicle (EV) market is experiencing an unprecedented boom fueled by strong consumer demand, government incentives, and climate-conscious policies. Sales of EVs have skyrocketed, supported by stricter emissions standards and tax breaks for both manufacturers and buyers. According to the International Energy Agency (IEA), EVs accounted for nearly 18% of all new car…
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By Yimou Lee, Ben Blanchard and Faith Hung TAIPEI (Reuters) – TSMC, the world’s largest contract chipmaker, bet on sustaining its strong growth, after reporting on Thursday a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in artificial intelligence (AI). Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips…
“Management with their hedging policy are destrying this company! The next SOG’s / Croesus if they don’t wake up and see the light! As I said in the past, I had our Finance Manager look at their hedges at $500 and he told me to steer clear. At $550, its just that much worse!” “I…
VGS is obviously going UP long term, and is a good long term investment, as long as you can withstand huge market corrections. I’m hyper defensive at the moment and have 50% of my stocks in gold equities and physical. Overall, 75% cash. My only general equity position is in IOZ which is where my…
This article was written by Follow Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entertainment. He used his analytical and modeling skills to design the in-game economic models for two…
October 17, 2024October 17, 2024 The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.24% higher by 59 points at 25,061 indicating that the domestic benchmark indices are likely to make a positive start on Thursday. On Wednesday, 16 October, Domestic benchmark indices…
As China emerges as the world’s largest superpower, it’ll ignite the Asian sphere. The future is in Asia, and that’s how you should position yourself as an investor. Warren Buffett is an iconic symbol of American growth and success. His vast wealth has grown from a steadfast belief in the American economy. ‘Never bet against…