Vedanta group firm Hindustan Zinc on Tuesday reported 85.2 per cent rise in net profit at ₹2,481 crore for the quarter ended March 31, 2021 on the back of higher income
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After approx a gap of 2 months, shopping patterns and demand of people started to change.This change in pattern of demand was because of BDSM lovers or people who love to do experiments for their satisfaction.MASSIVE DEMANDFolks started adjusting in their new normal and the demand for BDSM goods increased suddenly.Through an online study, it was figured out that sales were particularly increased of handcuffs and whips.Online search engines even claimed that they experienced 83 per cent jump in search of these adult goods.This search is limited not just to one state or country, it is a global trend where Australia experienced 125 per cent, Germany up to 102 per cent and Canada up to 90 per cent rise in demand of BDSM equipment.RESEARCH CLAIMSAccording to a study it was found out that people started experimenting even more in bed during the lockdown phase.
Global Liquid Biofuel Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 10.8% during a forecast period.Market DynamicsThe Research Report gives an in-depth account of the drivers and restraints in the liquid biofuel market.These plants are originated naturally in all the zones across the world, consequently, making biofuels the most environment-friendly energy to use.To overwhelmed such types of issues, the countries are developing cost-effective and less volatile fuels, which impels the growth of the market.Total production in the third quarter of 2019 was 30.0 Mn tonnes of oil equivalent to 1.8% lower in the third quarter of 2018.This is largely the result of a 10 per cent rise in renewable capacity throughout the UK, from 40 GW at the end of 2017 to 44 GW at the end of 2018.However, High retrofit costs are hindering the global liquid biofuel market.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Global Liquid Biofuel Market Segment analysisBased on Type, the Bioethanol segment is expected to grow at a CAGR of XX% during the forecast period.As compared to conventional gasoline, the fuel has a low volumetric energy density which directly translates to vehicles requiring more bioethanol per kilometre (by as much as 50%) when compared to gasoline.Based on Feedstock, the Sugar crops and vegetable oil segment collectively is expected to show fastest growth during the forecast period.
Parle Biscuits Net Profit Rises: Parle company in the country foods that make up large companies. This company is the most reliable company is considered. Now the company is bearish whammy and its bearing Parle employees who work in the it also bear the brunt may have had for the people who are quite surprised to. Let's look at this whole case on.Parle Biscuits Net Profit Rises2019 August of the year in Parle Products Pvt Ltd has some such signs were given, that biscuit of a decrease in sales due to the company from the approximately 10 thousand employees of the layoffs may have. But now the company's profits grow the news is coming. Reports, according to fiscal year 2018-19 in Parle biscuits net profits 15.2 per cent have increased. Tell you give, the company has other top biscuits make companies together with the government from the GST cuts sought to.Begins Standard website of the business platform the on these the news is given that “Parle biscuits of fiscal year 2018-19 net profits 410 crore, while the previous fiscal year 2017-18 in these 335 crore rupees was the same. This year, the company Total Revenue of 6.4 per cent, extending thereby its income 9,030 million RS, while last year the company revenue of 6 per cent had increased and income 8780 RS was.”Every year 10 thousand crore of salesMedia news according to the every year, Parle-G, Marie and Monaco like biscuit company Parle-10 thousand crore rupees from the biscuits to the sale of the in is successful. This company Parle-G biscuit in the country largest selling biscuit is. The company's total 10 factories which are the work of people who number close to a million are. Its maximum sale of products, the rural areas occurs.
Sales of SIM Only tariffs have increased dramatically since the introduction of new rules that allow mobile customers to change networks with a text message.The Text to Switch regulations came into force on 1 July, making the process of switching operators far simpler than what had often been a lengthy and convoluted process.And consumers are taking advantage – with many opting to keep their existing handsets and take out a SIM Only deal.Everything you need to knowFigures from affiliate network Awin.com suggest a 57 per cent year-on-year increase in mobile market sales in the immediate aftermath of the new rules, with a 104 per cent rise in 12-month SIM-Only tariffs.There was also a boost for 30-day SIM Only deals as well, with orders up 25 per cent.
NetApp reported quarterly revenues that were weaker than expected last night – reduced by feeble sales across flash arrays, OEM and EMEA.The storage firm's shares dipped more than 6 per cent as it reported results (PDF) for its fourth quarter and full year, ended 26 April, and projected declining sales and profit for the next quarter.El Reg spoke to CFO Ron Pasek, who told us OPEX had been kept flat.Full-year revenues were $6.15bn, a 4 per cent rise on fiscal 2018's $5.92bn, and profits rose substantially, from $116m in FY '18 to $1.169bn.The earnings call saw much executive and analyst focus on the revenue shortfall.The issues we experienced in the quarter were felt most acutely here."
Top dog Dell Technologies and second-placed Nutanix have more than half the hyperconverged infrastructure (HCI) market cornered between them.HPE, Cisco and Netapp all have a single-digit share and virtually no prospect of catching up.According to Wells Fargo and IDC numbers, the HCI market was worth $1.23bn in the fourth 2017 quarter and $1.9bn in the fourth 2018 quarter – a 57.2 per cent rise.Dell Technologies – the sum of Dell, EMC and VMware – had $460.3m in revenues in 4Q17 and $895.1m a year later, up 74.9 per cent.Nutanix revenues in 4Q17 were $371.0m, and $576.2m in 4Q18.Dell OEM'd Nutanix software with its XC series hardware, so a little double-counting is going on here.
Staff at Google’s UK offices earned an average of £226,000 last year after the firm paid out more than £340m through its share scheme.The tech firm paid £829m to its employees in the year to the end of June, up from £657m the previous year.The company, currently has three main offices in London, also increased its staff numbers by almost 400 people to 3,658.The bumper year of pay came as Google reported a 10 per cent rise in UK revenues to £1.4bn.Pre-tax profit also increased to £246m over the period.Employees reaped the rewards of strong trading over the year, as shares in parent company Alphabet rose to a peak last summer.
Shares in ride-hailing app Lyft dropped below their opening price today in the first sign of jitters over the company’s hefty $24bn (£18bn) valuation.The tech firm’s share price dropped as much as 11 per cent to $69.40 - below the initial public offering (IPO) price of $72 - before clawing back some ground.Read more: Lyft IPO paves way for flurry of tech floats in 2019Lyft's shares had enjoyed an 8.7 per cent rise on their first day of trading on the Nasdaq on Friday.The firm closed at more than $78, making it the biggest US tech IPO since Snap in 2017.But the gains fell away abruptly this morning, sparking concerns the San Francisco-based firm may have been overambitious in its pricing.
Three has reported a one per cent rise in annual revenue for 2018 as the average monthly consumption per use rose by nearly a quarter to 8.3GB.The operator now has 11.3 total active connections on its network – a figure which includes MVNOs like iD Mobile – and 10.26 million customers.Three increased the number of contract customers by one per cent to 7 million and 84 per cent of its subscribers use 4G.CEO Dave Dyson said the past 12 months had been a “foundational year” ahead of its 5G launch in 2019 and has spent £2 billion building out its network.This has included investment in radio technology, as well as a backhaul agreement with SSE Enterprise Telecoms, and the launch of 21 data centres distributed across its network.Everything you need to know
The number of new tech companies launched in the UK rose 14 per cent in 2018.Data from Companies House shows there were 11,864 software development and programming businesses incorporated in 2018, up from 10,394 companies the year before.London had the highest number of tech startups with 4,752, a 14 per cent increase.Read more: UK fintech investment hits all-time high of $3.3bnThis was followed by the south east with 1,398, a two per cent rise, while the north west recorded 1,079 new tech firms, a 48 per cent rise.The number of tech firms grew across every UK region except Scotland where numbers fell four per cent to 444 and the north east where numbers remained flat at 175.
Spotify today reported a 30 per cent rise in revenues in the fourth quarter thanks to an increased number of paid subscribers.The streaming service posted revenues of €1.5bn in the three months to the end of December, up from €1.15bn the year before.The jump in earnings was driven by a rise in premium subscriptions, with 96m people now paying to use the service, an increase of 36 per cent year-on-year.While ad-supported revenue grew to €175m, the vast majority of the company's earnings come from paid users.The Stockholm-based firm also posted an operating profit of €94m, the first time it has turned a quarterly profit.“Results for the fourth quarter 2018 outperformed our expectations and, for the first time in company history, operating income, net income, and free cash flow were all positive,” the company said in a statement.
The amount of money pumped into Britain’s startups slipped in 2018, but fintech and blockchain investment provided a silver lining.Funding into the UK’s young companies dropped from 2017’s record high of £8.6bn to £7bn last year, according to data published today by Beauhurst.Deals at seed stage fell 15 per cent to almost the same level as 2014, despite equity crowdfunding, the most popular source of seed funding, reaching a record number of deals.Fintech and blockchain both recorded all-time highs for the number of rounds achieved in 2018, with blockchain reporting a 75 per cent rise in deals from 2017, while adtech deals almost halved.Funding for London startups also dropped slightly, but the capital remained on a high overall.London boroughs took eight out of the top 10 spots in the UK, with Westminster, Camden and the City landing in the top three.
There's some good news and some bad news here from the Office for National Statistics.The good news is that we, as a nation, are really getting it together when it comes to doing our Christmas shopping in advance.The bad news is we're doing it really far in advance in November, on Black Friday, and are therefore contributing to the dramatic erosion of the high street retailers.The ONS says Black Friday is now the official start of the Christmas buying season for us, as we spread our festive purchasing out more thinly over November and December now, rather than make the traditional dash to Argos on December 24.The total volume of UK retail sales actually managed to fall during last December – by 0.9 per cent – with the timeshifted earlier Christmas Day of Black Friday on November 23 this year pushing November to a 1.3 per cent rise.Obviously these things do not cancel each other out, as Black Friday is the time of super cheap, margin-smashing discounts, so the tiny additional profits made during November's virtual trolley dashes are not as useful for the real world retailers as our traditional December weekend department store trudges of old.
The influence of mobile devices on eCommerce is growing by the year, with a record £25 billion expected to be spent by British smartphone users in 2019 - £10 billion more than in 2018.uSwitch says 30 million Brits will use their phone to make purchases this year, a 66 per cent rise year-on-year, with more people using a smart device to make purchases than in shopping centres or on a laptop or desktop computer.Two thirds of mobile shoppers do so for the convenience of being able to shop at any time in any location, while a third believe it saves them money as they can save money by comparing prices from different retailers.But despite the ability to shop wherever they want, the majority of mobile shopping takes place in the living room with 78 per cent of purchases taking place from the comfort of the couch.Fourteen per cent shop at work and younger people are more likely to shop from the bathroom than the kitchen.Unsurprisingly, online retail behemoth Amazon is the most popular service with 89 per cent using it in the past year.
Huawei says it expects 2018 sales revenue to rise by a fifth despite a difficult year in which governments around the world increased their scrutiny of the company’s role in their telecommunications networks.The Chinese firm has agreed 26 commercial contracts for 5G, and has shipped more than 10,000 5G base stations, while it has also shipped more than 200 million smartphones.The critical and commercial success of the Huawei P20 has helped Huawei overtake Apple to become the world’s second largest mobile phone manufacturer.This performance, combined with ongoing investments in cloud and software, means Huawei anticipates a 21 per cent rise in annual turnover to $108.5 billion.Rotating Chairman Guo Ping said it would press ahead with its product roadmap and would overcome any challenges it faces from governments and regulators.We will keep our policy consistent especially for our US suppliers and firmly collaborate with them for shared success.”
Samsung Electronics is expected to report a record high in quarterly profit on Friday, ahead of a predicted slide as chip prices begin to fall.Consensus estimates as polled by Refinitiv have forecast an 18 per cent rise in operating profit to 17.2 trillion won (£12.04bn) compared to the previous quarter, while revenue is set to climb 3.7 per cent.If confirmed, the news will see Samsung smash past its operating profit growth of six per cent in the previous quarter when its Samsung Galaxy S9 failed to meet debut sales targets amid high competition from cheaper Android models.Read more: Meet the new Samsung Galaxy S9 same as the old Samsung GalaxyThis quarter’s success will be largely due to a spike in sales of memory chips, of which Samsung is the world’s largest manufacturer.However this is expected to fall in future, as prices tighten globally.
A lawsuit accusing Tesla of inflating its stock by pitching unattainable production numbers for its Model 3 sedan has been dismissed by a US judge in California.In a decision published late last night, US district judge Charles Breyer said shareholders had not provided enough evidence to suggest Tesla needed to be clearer that Model 3 production could fail to reach its high targets.Chief executive Elon Musk unveiled the Model 3 in March 2016 to widespread public approval, pitching it as an affordable electric car for everyday users.However, Tesla experienced a number of setbacks when manufacturing the cars, turning to quick-fix measures such as building an extra tent at its Fremont factory site and dismissing nine per cent of its salaried staff to cut back on costs.The company received deposits from more than 500,000 customers after the car formally launched in July 2017, largely powering a 62 per cent rise in its share price to date since its 2016 reveal.The news lightens the pressure on Musk at a time when Tesla faces a number of separate lawsuits and a federal investigation into whether he misled shareholders about having secured funding to take Tesla off the public stock market.
Reading-based Dialog Semiconductor has said it is still open to making acquisitions after it terminated discussions on buying touchpad tech firm Synaptics earlier this week.The deal fell through after Synaptics balked at Dialog’s proposed terms, including the price offered, according to sources speaking to Reuters.Any future acquisitions by Dialog would have to be for firms smaller than Synaptics, worth roughly $1.6bn, and would focus on its strength in consumer products and internet of things.Read more: UK-based iPhone supplier Dialog Semiconductor confirms US merger talksChief executive Jalal Bagherli said in an earnings call that the company is “not looking to jump miles away from where we are good at”, after reporting a 16 per cent rise in year-on-year revenue this morning.Dialog also issued guidance on flat gross margins in 2018 as a whole.
Three is pressing ahead with plans for 5G after it reported a two per cent rise in revenue and six per cent increase in contract customers.The CK-Hutchison-owned mobile operator generated £1.2 billion during the first half of 2018 while its lowest ever churn rate helped it reach 10.1 million active users.Average data per user increased yet again, this time by ten per cent to 7.7GB a month.“I am pleased to report further progress in H1 2018, even as we re-build the business for the future,” said CEO Dave Dyson.“Our financial performance was solid and builds on the strong foundations we reported at FY 17.I am proud of the continued improvements in customer experience and our lowest ever contract handset churn rate reflects a business that has a genuine focus on its customers.”
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