Tue, Jul 27, 2021 2:35 PM
Torrent Gas to invest Rs 10,000 crore to develop CGD network
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Data center equipment company and Nvidia partner Vertiv Holdings (NYSE: VRT) can do nothing wrong. The stock is up an incredible 561% since the start of 2023 and put on another 20.5% in the week to Friday morning, according to data provided by S&P Global Market Intelligence.The latest move comes after Vertiv released a stellar set of first-quarter earnings, which saw the company blast past.
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HCL Technologies reported a net profit of ₹3,986 crore during the final quarter of FY24 as the attrition rate fell to 12.4%. The IT giant also declared an interim dividend of Rs18 per equity share of ₹2 each and fixed May 7 as the record date. The attrition rate dropped from 12.8% in the December quarter to 12.4% at the end of March this year.
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The latest reading of the Fed's preferred inflation showed prices increased more than expected in March. The core Personal Consumption Expenditures (PCE) index, which strips out the cost of food and energy and is closely watched by the Federal Reserve, rose 2.8% over the prior year in March, above estimates for 2.7% and unchanged from the increase seen in February.
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