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Business

Colgate-Palmolive logs Q3 PAT of Rs 330.11 cr

Chennai, Jan 23 (IANS) Fast moving consumer goods (FMCG) company Colgate-Palmolive (India) Ltd closed the third quarter of FY 24 with an after tax profit of Rs 330.11 crore.In a regulatory filing, the company said for the quarter ended 31.12.2023 it had earned a sales revenue of Rs 1,386.41 crore (Q3FY23 Rs 1,281.21 crore) and a net profit of Rs…
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Business

Zee shares plunge 25% at lower circuit

New Delhi, Jan 23 (IANS) Zee Entertainment shares were down a massive 25 per cent on Tuesday.Zee was trading at Rs 173.85, down 25 per cent at the lower circuit.After more than two years of deliberation, Sony has terminated its merger…
Business

Railway stocks down up to 9%

New Delhi, Jan 23 (IANS) Railway stocks are sharply down in trade on Tuesday after a recent run up.Railtel is down 9.5 per cent at Rs 401.40 on BSE. Ircon is down 9.4 per cent at Rs 241.95. Rail Vikas Nigam is down 7.25 per cent at Rs 297.…
Business

Video Game developer Riot Games slashes 530 jobs

San Francisco, Jan 23 (IANS) Video game developer Riot Games has announced to eliminate about 530 roles globally, which represents around 11 per cent of its workforce, with the biggest impact to teams outside of core development. The…
Business

Now TikTok lays off employees to reduce costs

San Francisco, Jan 23 (IANS) Chinese short-video making app TikTok has joined the Big Tech layoffs, asking a certain number of employees to go to reduce costs.The job cuts happened mostly in the sales and advertising division, according to…