Thu, Apr 8, 2021 7:08 PM
Jio celebrates '2021 cricket season' with special plans
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Intuitive Surgical's shares have surged 30% this year due to strong Q1 results, driven by growing demand for its da Vinci robotic surgical systems. Revenue reached $1.9 billion, up 11% year-over-year, with non-GAAP EPS increasing 22% to $1.50. The company's razor-and-blade model and new da Vinci 5 system with AI capabilities are expected to support higher margins and future growth.
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HCL Technologies' 0.46% equity stake is set to be sold through a block deal worth Rs 1,757 crore on June 28, with a floor price of Rs 1,414.9 per share, a 2.75% discount to the current market price. This deal comes after HCLTech reported a net profit of Rs 3,986 crore in Q4FY24, with a 7.1% revenue increase to Rs 28,499 crore, and a dividend declaration of Rs 18.
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Union Minister Nitin Gadkari stated that tolls should not be charged on poorly maintained roads, emphasizing that user fees should only be collected for high-quality roads. The National Highways Authority of India (NHAI) plans to implement a satellite-based tolling system, initially for commercial vehicles, to collect user fees, with a potential shift from prepaid to postpaid payment modes.
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