Max Health gross revenue reached a lifetime high in Q2FY23 due to improved occupancy

Max Healthcare Institute (MHIL) reported a profit after tax of Rs 511 crore in the second quarter of the fiscal year 2022-23, while revenue increased by 9% to Rs 1,567 crore. Max Healthcare has achieved its highest-ever gross revenue.

Higher occupancies and a better payor mix drove reve...

On the back of record-breaking Q2 sales, PI Industries shares have risen by 8%, reaching an all-time high

After reporting robust 31 percent year-on-year (YoY) sales growth at Rs 17,700 crore for the quarter ended September 2022, PI Industries' shares rose 8 percent on the BSE during Wednesday's intra-day trade, setting a new all-time high of Rs 3,554.25. (Q2FY23). The CSM (exports) division p...

ELON MUSK’S TESLA IS RECRUITING WORLDWIDE

Highlights:

•    The company is planning on a 35% hike in recruitments

•    The drive is boosted by the profits that the company posted for the fourth time straight

Post great Q2 results, Elon Musk’s Tesla is on a hiring ...

L'Oreal: PROFITABLE AND OPERATIONAL DESPITE COVID-19

Highlights

• According to the company, in the second quarter of FY20 L'Oreal posted revenue of 30 percent 

• L'Oreal is planning to launch several new products in order to get back on the path of growth

• L'Oreal recorded most of its s...

EXPORT OF PASSENGER CARS SLUMPED BY 41 PERCENT IN Q2

Highlights:

• The export of South Korean made passenger cars slumped by 40.6 percent in the second quarter (Q2).
• In the period of April-June, South Korean carmakers shipped passenger cars worth US$ 6.2 billion.
• The number of passenger car uni...

UNITED AIRLINES Q2 RESULTS: LOSES $1.63 BILLION, EARNS FROM CARGO UNIT

Highlights: 

• The Q2 losses for United Airlines were predicted 
• 36,000 United Airlines employees will lose their jobs as the federal aid to carriers end in October 2020 

 One of the hardest-hit industries due to the pandemic is the...

SOUTH KOREA’S ECONOMY CONTRACTED 0.86% IN Q2

Highlights:

• The South Korean economy has contracted in the second quarter (Q2) due to a sharp decline in the exports caused by the coronavirus pandemic.
• The South Korean economy has contracted 0.86 percent in the April-June period.
• South Ko...

CHINA RECORDED A GROWTH OF 3.2% IN Q2

Highlights:

• China's economy returned to surge in the second quarter (Q2). 
• The economic growth indicates the sign of recovery from the slump due to the coronavirus pandemic outbreak.
• The Gross Domestic Product (GDP) grew by 3.2 per...

Huawei reveals its latest router, the Wi-Fi Q2 Pro

The latest Wi-Fi router, Huawei WiFi Q2 Pro has been launched by Huawei. The model is a hybrid home Wi-Fi and power line connectivity system, the first of its kind. The Wi-Fi router lessens the usual issues seen among other Wi-Fi routers. These issues include diminished strength of the signal, le...

The new Abiteboul irritated by the U-turn technology of rivals

Since reneging on a breaking deal that the Top 10 drivers on the grid would start their race in the compound that was used to pace their fastest time in Q2, Renault's Cyril Abiteboul became "unsafe" with F1's top teams.

The speed advantage of Mercedes, Ferrari, and Red...