losses
Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth
Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level
Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft
Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the
Could STX See a Resurgence Through Institutional Bitcoin Capital?
Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a
Crypto Scam Losses Drop to $28.8M in March
March brought some good news about the recent crypto scam spree. Scam, hack, and exploit losses dropped to $28.8 million. That’s a huge relief compared to February’s massive $1.5 billion loss after the Bybit hack. Read on to get the details. Recent statistics state that security measurements and recovery efforts reduce crypto scam activities. What
Job losses warning over pace of Network Rail spending
Industry figures have warned that too little rail work is flowing through to suppliers, with grave potential consequences for jobs, delivery and safety. Dissatisfaction with spending through Network Rail’s Control Period 7 (CP7) has overflowed in a series of posts on social media. It comes after engineering services giant Renew last month blamed rail project
Downing losses deepen as it makes £13m remediation provisions
Losses at Downing Construction have deepened despite the contractor more than doubling its revenue. Provisions for remediating cladding and fire safety issues on completed jobs were the largest items blamed for the downturn. Newly released results for the year to 31 March 2024 show the firm made a pre-tax loss of £5.8m, compared with a
JRL subsidiaries file losses
JRL Group businesses Midgard and J Reddington Ltd have each posted a pre-tax loss in their latest annual accounts filed with Companies House. Midgard operates as the main contracting division within JRL. In its review of 2023, directors said the firm “expanded its client base and increased the scale and scope of activities”. This was
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Glenmark
Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth
Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level
COLDCARD
Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft
Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the
Could
Could STX See a Resurgence Through Institutional Bitcoin Capital?
Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a
Creditors
FTX Repayments: Creditors to Receive Another $900 Million
FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% of their original claim value based on the bankruptcy filing date, while some smaller accounts could receive up to 120%. The latest payout
Hyperliquid
Hyperliquid News: HYPE Whales Unstake Millions as Protocol Revenue Tops $1.21 Billion
Hyperliquid is drawing attention after large HYPE holders unstaked millions of tokens, including one wallet that withdrew 1.02 million HYPE and another that transferred 1.89 million HYPE worth about $105.9 million to institutional brokers, a move often associated with over-the-counter sales. Despite the whale activity, the protocol generated $1.18 million in daily fees and burned