Day: June 17, 2020

Oracle Shares Slip as Q4 Sales Drop 6%

Oracle posted decrease-than-predicted quarterly income as shoppers in these types of industries as hospitality and retail deferred purchases because of to the coronavirus pandemic.

For the fourth quarter, Oracle’s whole income fell six% to $10.44 billion, lacking its guidance in March for involving $10.92 billion and $eleven.36 billion and analysts’ estimates of $10.61 billion.

Sales of Oracle’s cloud-based business useful resource setting up software had been specifically potent, with Fusion and NetSuite increasing 32% and 27%, respectively.

Modified earnings had been $one.20 for every share as opposed to Wall Street’s forecast of $one.fifteen for every share.

“Our overall business did

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Coronavirus LIVE: Tamil Nadu crosses 50,000-mark with 2,174 new cases

Coronavirus update: The complete amount of coronavirus conditions in the nation has achieved 355,060, and approximately 11,922 have died from the sickness. India on Wednesday recorded two,003 deaths  – largest spike in a single working day.

Primary Minister Narendra Modi today held an interaction with chief ministers of fifteen states, which includes the most influenced kinds like Maharashtra, Delhi, West Bengal, Tamil Nadu and Gujarat. PM Modi stated that the self-control revealed by citizens throughout lockdown has served quit “exponential” growth of coronavirus.

The amount of fatalities throughout Maharashtra and its capital Mumbai has absent up sharply as the documents

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India Cements nears 52-week high, settles around 5% higher on the BSE

Shares of India Cements climbed as a great deal as 10.5 per cent to Rs 139.30 apiece in the intra-working day trade on the BSE on Wednesday, nearing its 52-7 days significant of Rs 140, touched on May well 26, 2020. The stock, on the other hand, pared gains afterwards to settle at Rs 132, up about 5 per cent.

So considerably in the calendar 12 months 2020, the stock has rallied eighty five per cent (as of Wednesday’s near) as when compared to about 19 per cent decrease in the benchmark S&P BSE Sensex, exchange facts shows. The stock

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LAC face-off LIVE: Don’t wish to see more clashes with India, says China

In a steep escalation of the ongoing Sino-Indian border experience-off in jap Ladakh, soldiers of China’s People’s Liberation Military (PLA) attacked and killed 20 Indian soldiers, which includes a colonel, on Monday evening. 4 soldiers are in vital issue.

In a strong message to China right after the killing of at the very least 20 Indian soldiers in the violent experience-off with Chinese troops, Prime Minister Narendra Modi on Wednesday explained that India wishes peace but is capable of offering a befitting reply, if instigated.

“I would like to guarantee the country that the sacrifice of our soldiers will not

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World’s largest coronavirus facility with 10,000 beds coming up in Delhi

To ramp up the capacity of beds in the nationwide money, the Delhi govt has began converting South Delhi’s Radha Soami Non secular Centre into the world’s largest Covid-19 care facility with around 200 halls and 10,000 beds.

The place of the religious centre is as massive as the around 22 football fields. There will also be a provision of lodging for medical practitioners at 1 facet of the facility.

The arrangements come in the backdrop of the unexpected spurt in the Covid-19 scenarios in the nationwide money. Delhi has a whole of 44,688 scenarios and one,837 men and women

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