Latest news with #ADRs
Economic Times
8 hours ago
- Business
- Economic Times
Infosys ADRs rise 3% after IT services company reports 9% YoY increase in Q1 PAT
Infosys' American Depository Receipts (ADRs) experienced a surge of over 3% following the release of its Q1FY25 earnings. The IT services company reported a 9% YoY growth in consolidated net profit, reaching Rs 6,921 crore, with revenue from operations rising 8% YoY to Rs 42,279 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads American Depository Receipts (ADRs) of Infosys climbed over 3% on Wednesday following company's Q1FY25 earnings where the IT services company reported a 9% year-on-year (YoY) growth in its consolidated net profit at Rs 6,921 crore for the first quarter ended June. Revenue from operations rose 8% YoY to Rs 42,279 Bengaluru-based company has upped its lower end of revenue growth guidance, which is pegged at 1-3% in constant currency for results were announced after India market hours and Infosys shares settled at Rs 1,558.90 on the NSE, falling by Rs 12 or 0.76% over the Tuesday closing price even as the headline index Nifty closed with strong gains."Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees," said Salil Parekh, CEO and MD, in constant currency (CC) terms grew by 3.8% YoY and by 2.6% QoQ in the first quarter. The company had won deals worth $3.8 billion in the said period, of which 55% were net profit for the reporting period increased to Rs 13,055 crore as against Rs 12,138 crore in the same period of last margin for the April-June quarter stood at 20.8%, which is a decline of 0.3% YoY and decline 0.2% QoQ. The company expects the same to hover around 20-22% for the rest of wise, the dominant financial services clocked a CC growth of 5.6% YoY, while the manufacturing division rose by a healthy 12.2%. The retail growth was flat at 0.4%, and that of hi-tech business increased by a marginal 1.7%.The Life Sciences and other divisions de-grew 7.9% and 15.3% in CC terms, major Wall Street indices were trading mixed today with Dow 30 trading at 44,703.90 around 10:40 AM ET (8 pm India time), up 201.43 points 0.45%, the S&P 500 index hovered near 6,323, gaining by 13.61 or 0.22%. The Nasdaq Composite index was trading at 20,889.20, declining marginally.
Business Upturn
3 days ago
- Business
- Business Upturn
IndusInd Bank shares fall over 3% today
By Aditya Bhagchandani Published on July 21, 2025, 09:33 IST Shares of IndusInd Bank Ltd. fell over 3% on Monday, trading at ₹843.00, down ₹27.05 from the previous close of ₹870.05, as investors reacted to a combination of sector-wide and company-specific factors. The Mumbai-based private lender informed stock exchanges that its board of directors will meet on Wednesday, July 23, to consider proposals to issue long-term bonds or debt securities on a private placement basis. These issuances will be subject to shareholders' and regulatory approvals. Additionally, the board will also discuss capital augmentation plans, including raising funds via instruments like ADRs, GDRs, and QIPs. The board is also scheduled to meet on Monday, July 28, to approve its financial results for the April–June quarter. Market sentiment has been cautious on banking stocks after several lenders reported mixed results over the weekend, with rising bad loans and weakening core income weighing on outlooks. IndusInd Bank, meanwhile, remains under the spotlight after its top management resigned earlier this year following accounting discrepancies, which led to the formation of an interim committee to oversee operations. Brokerage firm Nomura recently noted that the lender has entered the new financial year on a cleaner slate, having addressed prior issues. The broader banking sector is also seeing pressure after quarterly results from peers: Axis Bank : Bad loans spiked in Q1 after RBI's push to recognise stressed assets. AU Small Finance Bank : NII rose 6.4% YoY but credit cost guidance increased. Union Bank of India : Core income declined while asset quality stayed stable. Bandhan Bank: Net profit fell 65% YoY. Investors are now watching IndusInd's upcoming board decisions and Q1 results for more clarity on its strategy and financial health going forward. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
The Advertiser
16-07-2025
- Automotive
- The Advertiser
How brake lights on the front of cars could reduce crashes
Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia. MORE: Australia's 2024 road toll the deadliest in over a decade Content originally sourced from: Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia. MORE: Australia's 2024 road toll the deadliest in over a decade Content originally sourced from: Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia. MORE: Australia's 2024 road toll the deadliest in over a decade Content originally sourced from: Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia. MORE: Australia's 2024 road toll the deadliest in over a decade Content originally sourced from:
7NEWS
16-07-2025
- Automotive
- 7NEWS
How brake lights on the front of cars could reduce crashes
Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia.
Perth Now
16-07-2025
- Automotive
- Perth Now
How brake lights on the front of cars could reduce crashes
Lights on the front of a vehicle that show when it's braking are under study in Europe, and they've been shown to reduce intersection collisions and reduce injuries when these do occur. According to US outlet Motor Trend, citing ZME Science, Graz University in Austria and the Bonn Institute for Legal and Traffic Psychology in Germany have studied putting brake lights on the front of moving vehicles. The benefit is to bring other road users more obvious understanding of when a vehicle is braking, making it easier to predict its movements. According to the study, these 'indicators' – as they 'indicate' what a vehicle is doing – could be mounted to the front and side. Unlike red tail lights, the study has suggested the best colour for the 'front indicators' is green. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert ABOVE: What these front brake lights could look like Green – which would light up when the car is braking – as Motor Trend suggests, would mean you are good to go when negotiating an intersection or otherwise. The testing was conducted by recreating a series of real-world crashes with three different reaction times between 0.5 and 1.5 seconds. The study found the use of green front indicators reduces the number of intersection collisions by a 25 per cent. It also found the number of injuries was down by 17 per cent. Those injuries were less severe, as testing showed the average speed of collisions fell from 45km/h to 29km/h. Supplied Credit: CarExpert According to Transport New South Wales, a pedestrian has a 90 per cent chance of surviving a 30km/h collision with a vehicle – but at 40km/h, the risk of death doubles. Australia's National Road Safety Data Hub shows the majority of fatal crashes in the past 12 months (to the end of June 2025) involved single-vehicle crashes. Pedestrian deaths increased 15 per cent to 192 deaths over the same 12-month period, while cyclist deaths were up 11 per cent – while all other road-user types (driver, passenger, motorcyclist) saw decreases in fatalities. While their benefits seem clear, adding 'front indicators' would require significant undertaking – and a change in global design rules. Australia Design Rules (ADRs) currently only allow front lights to emit white or yellow light in Australia. MORE: Australia's 2024 road toll the deadliest in over a decade
