Cyient Swings After Acquiring Semiconductor Firm

Gold Silver Reports (GSR) – Cyient Swings After Acquiring Semiconductor Firm – Shares of the software developer fluctuated between gains and losses and fell 1.5 percent to 750.10 as of 9:35 a.m. The company acquired semiconductor firm Ansem N.V. in an all-cash deal worth $17 million, according to its stock exchange filing.        

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Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters

Gold Silver Reports (GSR) – Biocon Snaps Three-Day Gains Despite Posting Profit After 5 Quarters – Shares of the Bangalore-based bio-pharmaceutical company fell as much as 1.8 percent, the most since April 4, to Rs 651.35 after its net profit rose for the first in five quarters.

Key earnings highlights:

🔥 Revenue up 26 percent at Rs 1,169.5 crore.

🔥 Net profit up 2 percent at Rs 130 crore.

🔥 Ebitda up 24 percent at Rs 232.5 crore.

🔥 Margin at 19.9 percent versus 20.3 percent.

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A New History Starts Now’ as Leaders of Two Koreas Meet

A New History Starts Now' as Leaders of Two Koreas Meet

Gold Silver Reports (GSR) – ‘A New History Starts Now’ as Leaders of Two Koreas Meet — Scenes of Moon and Kim joking and walking together marked a striking contrast to last year’s barrage of North Korean missile tests and its largest ever nuclear test that led to sweeping international sanctions and fears of a fresh conflict on the Korean peninsula.                

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You Know About Your ATM

AXIS BANK LTD

Gold Silver Reprots (GSR) –  You Know About Your ATM – The ATM is basically a computer with a screen, a card reader, a secure chest carrying various denominations of notes, has a dispensing outlet and is connected through a secure network to a central application called the switch. The ATM by itself, cannot do any transaction, unless instructed by the switch.              

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