News from Pune Division
Stay current with all the latest and breaking news about Pune Division, compare headlines and perspectives between news sources on stories happening today. In total, 250 stories have been published about Pune Division which Ground News has aggregated in the past 3 months.
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Pune · PuneSchaffer India on Thursday reported a 3.8% year-on-year rise in net profit at Rs 227.7 crore in the January-March quarter of 2024.The company had posted a net profit of Rs 219.4 crore during the same period a year ago.Schaffer India follows the January-December period as the financial year.Revenue from operations during the reporting quarter stood at Rs 1,849.2 crore as compared to Rs 1,693.6 crore in the corresponding quarter of 2023, Schaeffle…See the Story
Schaffer India Jan-Mar Quarter Result: Net Profit Rises 4% To Rs 228 Crore
Pune · PuneEnlarge (credit: Getty Images) Hackers abused an antivirus service for five years in order to infect end users with malware. The attack worked because the service delivered updates over HTTP, a protocol vulnerable to attacks that corrupt or tamper with data as it travels over the Internet. The unknown hackers, who may have ties to the North Korean government, pulled off this feat by performing a man-in-the-middle (MiitM) attack that replaced t…See the Story
Hackers infect users of antivirus service that delivered updates over HTTP
100% Center coverage: 1 sources
Pune · PuneMid-tier IT services company Persistent Systems will be 'cautious' on campus hiring in the new fiscal on the back of the ease which it sees in getting the talent when the business requires, a top official has said. The company will prioritise growth over profitability at a time when macroeconomic uncertainties have dented demand for IT services, its chief executive Sandeep Kalra told PTI.On the hiring front, he said the company had made 700 offe…See the Story
Persistent Systems To Be ‘Cautious’ On Campus Hiring This Year, CEO Says
Economy · PuneNDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.Axis Securities ReportIn Q4 FY24, Persistent Systems Ltd. reported revenue of Rs 2,590 crore, up 3.4% QoQ and 3.0% QoQ (in constant currency …See the Story
Persistent Systems Q4 Results Review - Inline; Resilient Outlook To Aid Growth: Axis Securities
Pune · PuneEcozen, an agritech firm based in Pune, has raised $30 million, or about Rs 250 crore, in a combination of equity and debt. The funds were raised from existing investors, including Nuveen, with debt support by InCred Credit Fund and US International Development Finance Corporation through Ecozen’s advisor Setuka Partners, the company said in a statement.The company plans to utilise the funds to cater to the increasing demand for solar-powered ag…See the Story
Agritech Firm Ecozen Raises $30 Million From Nuveen, Others
Pune · PuneBajaj Auto Ltd.'s earnings surged by more than a third in the fourth quarter of fiscal 2024, on the back of higher sales and a richer product mix. While exports lagged, the domestic business more than made up for the shortfall. The company is slated to launch six models in the next few months as it looks to ride the Chetak wave.Net profit of the Pulsar-maker rose 35.11% over the year-ago period to Rs 1,936 crore in the quarter ended March 31, 20…See the Story
Bajaj Auto: New Launches, Exports Boost Could Increase Revenue In FY25
Pune · PuneShares of Persistent Systems fell over 7% to their lowest in over three months on Monday, even as it reported an inline fourth-quarter net profit. A brokerage note after the results said the stock was trading at a higher valuation than its peers.The company's net profit rose 10.20% to Rs 315.32 crore in the quarter ended March 2024, according to an exchange filing. A Bloomberg poll of analysts estimates the net profit at Rs 303 crore.Persistent …See the Story