HCL Infosystems narrows losses to ₹5.25 cr in Q3

New Delhi, Feb 8 (PTI) HCL Infosystems has reported narrowing of losses to ₹5.25 crore in the December quarter. The IT system integration and solutions company had posted losses of ₹9.30 crore in the year-ago period, according to a company filing. Revenue from operations tanked 30.14 per cent to ₹5.70 crore in the third quarter … Read more

Meta’s Reality Labs Unit Posts $5 Billion in Losses in Q4 2024

Meta released its earnings report for Q4 2024 on Wednesday. According to the report, Reality Labs posted a loss of $4.97 billion (roughly Rs. 43,040 crore) in Q4 2024. The Meta subsidiary generated $1.1 billion (roughly Rs. 9,526 crore) in sales during the same period. In 2024, Meta’s total revenue stood at $164.50 billion (roughly … Read more

Hyundai IPO: Admission at a discount…Hyundai’s stock price fell 5% again, investors suffered heavy losses

Modern stocks had a slow start on the stock market. After listing, its share price also fell. On Tuesday, Hyundai Motor India Share hit the market at a 1% discount. The passenger car manufacturing company was listed on the BSE at Rs 1,931, 1.48% lower than the issue price of Rs 1,960. Similarly, Hyundai Motor’s … Read more