cloud

 

Maha unveils public cloud policy, creates a $2-bn opportunity

Jan 17 2018

Maha has come out with a public cloud policy virtually mandating its depts to shift their data storage onto the cloud, creating a USD 2- bn opportunity for the industry.

Nordcloud, Microsoft to deploy Azure AI solutions in Europe

Jan 16 2018

Nordcloud has collaborated with Microsoft to deploy Azure-based Artificial Intelligence (AI) and Machine Learning (ML) solutions across Europe.

Tech Mahindra helping clients migrate workload to IBM POWER9 chip

Jan 15 2018

"Our new solutions powered by POWER9 Systems will further fuel growth of our Hybrid Cloud initiatives,"

Apple apologises for sending data migration notice to US users

Jan 13 2018

Apple mistakenly sent a notice to some of the US users saying their iCloud data is being migrated to the servers in the Asian country.

Vodafone, Trend Micro launch Cloud-based security solution

Jan 12 2018

Vodafone announced a partnership with global cybersecurity firm Trend Micro to launch "Vodafone Super Shield" end-point security suite to safeguard businesses.

Google's first India Cloud Platform set to empower enterprises

Jan 12 2018

"The launch of the Cloud region opens up new opportunities for several new partners who will benefit from building their services on Google Cloud," Pande said.

Cloud companies consider Intel rivals after security flaws found

Jan 10 2018

Intel Corp’s data center customers are exploring using microchips from rivals to build new infrastructure after the discovery of security flaws affecting most chips.

Apple's first China data centre to begin operations

Jan 10 2018

In a move to increase transparency and make inroads into China, the first data centre of the Apple in the country will be put into operation on February 28.

Skilling enterprises, start-ups key to India's digital dream: IBM

Jan 08 2018

Skill is emerging as the new currency across businesses globally and in India," Seema Kumar told IANS.

'Indian businesses now comfortably adopting Cloud SaaS solutions'

Jan 06 2018

"We believe that SaaS will actually meet burgeoning customer expectations in India as well as globally," Rai said.

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Global Markets

 

Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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