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Paytm, BHEL, Sun Pharma, and JK Tyre are stocks to watch.

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Paytm, BHEL, Sun Pharma, and JK Tyre are stocks to watch.

Paytm: On Friday, digital financial services firm One97 Communications, which operates under the Paytm brand, reported a 761.4 crore consolidated loss for the quarter ended March 2022, owing to an increase in payment processing charges and employee benefit expenses.

BHEL: State-owned engineering firm BHEL returned to profitability on Saturday, posting a consolidated net profit of 912.47 crore in the March quarter, boosted by higher revenue. According to a regulatory filing, the company had a consolidated net loss of 1,036.32 crore in the previous quarter.

Mortgage lender Indiabulls Housing Finance Lower credit costs and higher profit from its co-lending business helped Indiabulls Housing Finance Company increase profit after tax (PAT) by 11.23 percent to 307 crore in the fourth quarter ended March 2022.

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Sun Pharma is a pharmaceutical company. Following a customer complaint, Sun Pharma is recalling approximately 10,500 bottles of a generic drug used to treat major depressive disorders in the United States.

PGCIL: The state-owned Power Grid Corporation of India Ltd increased its consolidated net profit by 18% to Rs 4,156.44 crore in the March 2022 quarter, owing to higher income. Power Grid Corporation of India Ltd (PGCIL) reported a consolidated net profit of 3,526.23 crore in the previous quarter in a BSE filing.

According to a company official, auto component manufacturer Wheels India has planned to invest about 155 crore in the current financial year to expand its construction equipment and aluminium wheels business.

Amara Raja Batteries: In the fourth quarter ended March 2022, Amara Raja Batteries Ltd reported a 47.80% drop in consolidated net profit to 98.85 crore. Amara Raja Batteries Ltd reported a net profit of 189.38 crore for the January-March period last year in a regulatory filing.

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Arvind SmartSpaces: For the quarter ended March, real estate firm Arvind SmartSpaces reported a two-fold increase in net profit at 14 crore. In the previous year, it made a profit of 6.6 crore.

JK Tyre & Industries reported an 80% drop in consolidated net profit for the fourth quarter ended March 31, 2022, to Rs 38.22 crore, owing to higher expenses primarily due to rising input costs.

Karur Vysya Bank: Karur Vysya Bank, based in South India, reported a more than two-fold increase in net profit to 213.47 crore in the March 2022 quarter, owing to a decrease in bad loans. In the same quarter of the previous fiscal, the bank made a net profit of 104.37 crore.

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In 2022, Apple will release five major software updates.

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In 2022, Apple will release five major software updates.

Apple’s developer conference previewed major changes to its software for smartphones, tablets and computers. iOS 16, iPadOS 16, MacOS Ventura and WatchOS 9 brought significant changes. High-end iPads can now multitask and iPhones can be turned into web cameras with their Macs.

Users will have up to 15 minutes to unsend or edit a message. You will be able to recover deleted messages for up to 30 days on the new operating system.

iPhone users will be able to apply different styles and fonts and other information at a glance. Users can create custom lock screens based on when they’re at work or home. Just like on the Apple Watch, you need to long-press the screen to navigate different settings.

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Apple makes it easy to use your iPhone as a webcam on a Mac. Continuity Camera works with FaceTime, Zoom, Teams, Webex, and other popular video conferencing apps. It will be rolled out as a feature when iOS 16 and macOS Ventura are released this fall.

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