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Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
September quarter saw hiring across segments except IT, where the management guidance continues to be cautious
Most commodity traders are betting energy prices will remain high
Kashmir Hill's book blows the lid off a business model that smashes data-privacy, and delves into its evolution and deployment by states in recent years
Recoveries from written-off loans were good at Rs 1,230 crore, and trading gains were at Rs 300 crore, along with a revaluation of investments of Rs 180 crore
Markets give thumbs up to the two-wheeler major's performance, analysts bullish on stock
Science deals with measurements to micro-levels of accuracy and sophisticated statistical methods are employed to tease signals out of noise
The UK operations suffered from low steel prices as well as higher costs on the emission rights front
In Q2FY24, net profit plummeted by 48 per cent Y-o-Y, while core profit before tax increased by 10 per cent Y-o-Y. This miss was largely due to higher provisions (up by 216 per cent Y-o-Y)
While most analysts have made EPS estimate downgrades for FY24, quite a few continue to recommend "Buy/ Accumulate" in expectations of strong overall growth through FY26
Revenue was at Rs 2,518.6 crore and payment processing charges were up 6.5 per cent q-o-q and were 54.4 per cent of payments services revenue
The completion of ongoing capex may increase steelmaking capacity to 37 million tonnes (mt) by FY25. Beyond that, JSW Steel aims to reach 50 mt capacity by FY31
The transition presents threats and opportunities for investors. Obviously vast sums will be spent
While Q2 was decent despite seasonally weak, higher prices and operating leverage point to better prospects
However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy
Caustic soda prices may have bottomed out and started to improve from lows and should be higher in Q3FY24
William Walter, who rose from a tumultuous past of poverty, addiction and gambling to become a multi-millionaire, could, at best, be a statistical anomaly
Consensus target price of analysts indicates limited upside; rebound in general merchandise and apparels crucial for margin gains
HDFC Bank works on open architecture and HDFC AMC's share in the bank's mutual fund business was only 24 per cent
Factoring in better demand for delivery, FY24 overall might have growth estimates for 18 per cent
The Q1FY24 data indicates over 90 per cent of savings and current accounts are sourced digitally