Hindustan Unilever Ltd (HUL) reported quarterly revenues largely in line with expectations, while its margins surprised investors by exceeding forecasts. This upside in profitability was attributed to improving trends in key segments and the gradual impact of GST rate cuts,…
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Standard Chartered has appointed Peter Burrill as interim Group Chief Financial Officer. He replaces Diego De Giorgi who is stepping down for an external opportunity. Burrill, currently Group Head of Central Finance, will report to Group Chief Executive Bill Winters.…
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India’s IT sector plunged on Thursday as the Nifty IT index fell over 4%, erasing Rs 1.3 lakh crore in market value amid AI-driven disruption fears. TCS, Infosys and Wipro hit fresh lows as Anthropic’s new automation tools triggered panic…
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Palo Alto’s research found that nearly 29 per cent of cyber incidents it investigated globally now involve cloud systems. The company tracked one recent campaign where attackers scanned over 230 million unique targets looking for exposed data and login credentials.
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India’s trade surplus with the United States is projected to exceed 90 billion US dollars annually. This surge is driven by a significant rise in Indian exports to the US, potentially crossing 100 billion US dollars. Simultaneously, imports from the…
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Indian benchmark indices Sensex and Nifty traded lower on Thursday, impacted by a sharp selloff in IT stocks and investor caution following stronger-than-expected U.S. jobs data. This data dampened hopes of near-term Federal Reserve rate cuts, while domestic market support…
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