IDFC First Bank reported on April 29, a 134% increase in its standalone net profit for the quarter ending March (Q4 FY23), which was Rs 343 crores in the previous quarter. Net profit jumped 32.7% on a quarter-on-quarter basis. The bank’s net interest income grew by 35% YoY to Rs 3,597 crore, up from Rs […]
RBL Bank, a private sector lender, registered a YoY increase of 37% in its net profit for the quarter ended March 31, 2023. The PAT grew 30% quarter-on-quarter. The bank’s interest income grew by a single digit, but its provisions dropped sharply. The bank’s asset quality has continued to improve. Net interest income (NII), which […]
OpenAI recently unveiled their most advanced language model yet: GPT-4. This powerful model stands as one of their greatest achievements to date. OpenAI offers this model with the unique capability of understanding visual input, in addition to being their largest ever language model system. GPT-4’s multimodal capabilities make it capable of processing textual and visual […]
Chegg Inc. is expanding access to ChatGPT, an AI-powered homework-drafting chatbot that has been prohibited at several schools. Last week, CEO Dan Rosensweig of a U.S. educational software company told Reuters that the company had integrated its database of quiz answers with the chatbot’s artificial intelligence model, GPT-4, to develop CheggMate, a study tool designed […]
Marcus Stoinis’ scored 72 from 40 balls. 54 from 24 for Kyle Mayers. Pooran, Nicholas: 45 off 19. Ayush Badoni: 43 out of 24. They helped Lucknow Super Giants to 257 for 5, which is the greatest total this IPL season and the second-highest total in the history of the competition. Atharva Taide’s explosive 36-ball […]
Hindustan Unilever Limited announced a standalone net profit of Rs 2,552 crores for the March quarter in FY23 – representing an increase of 9.66% year over year from Rs 2,327 billions during this same quarter in FY22. FMCG giant Unilever reported its total revenue was Rs 15,053 Crore in Q3 2017-18, representing an increase of […]
Zomato shares have seen consistent gains for three days following an unprecedented block deal which saw 1.5 crore shares or 0.2 percent of equity worth Rs 88.2 cr exchange hands at an average share price of Rs.59.1. Zomato stock closed at Rs 64.50 each for an increase of 6.26 percent; monthly gains stood at 25.85 […]
LTIMindtree, an IT service provider, experienced revenue increase of 22% YoY to Rs 7,128 Crore and 12 percent year-on-year increase to Rs 8,586 Crore while their consolidated profit remained consistent at Rs 1,114 crore versus Q4FY22 at Rs 1,108 crore. Due to delays in decision-making and an increase in pass-through revenues, we anticipate flat revenue […]
With the pandemic crisis of 2020, the work culture has been revamped. People are now happy working from home, as they can attain that work-life balance they crave. Keeping that in mind, aspiring travellers are now packing their bags to fulfil their pursuit of being digital nomads. But how are they carrying out their astounding […]
Wazuh is an open-source security platform that enables organizations to track and manage security threats within their IT infrastructure. It features host-based intrusion detection, log analysis, vulnerability detection, and security analytics; plus provides centralized monitoring and response capabilities so organizations can detect threats efficiently. Wazuh has proven popular among organizations of all sizes and industries […]
