News in Infographics: Axis Bank Q4 result, CISCO employee survey, & more

Axis Bank on Thursday reported 54 per cent rise in standalone net profit at Rs 4,118 crore for the quarter ended 31 March, 2022 on strong growth performance across deposits and loans, improving return ratios. The lender had reported a net profit of Rs 2,677 crore in the year-ago period.
 

Cisco's new study found that six in 10 (61 per cent) employees believe that quality of work has improved. Time away from the office has improved work-life balance for 79 per cent of employees.  More flexible work schedules (62 per cent) and significantly reduced or completely removed commuting times (53 per cent) contributed to this improvement.

The largest-ever IPO of the country from Life Insurance Corporation of India (LIC) is set to open from May 4. The issue will close on May 9. The price band has been fixed in the range of Rs 902-949 with Rs 45 per share discount on the cut-off price for retail investors.

Cryptocurrency markets have shown uptrend in the last 24 hours. The global market cap is up by 1.67 per cent in the last 24 hours and is at $1.80 trillion as of 8:00 AM IST, CoinMarketCap data showed.