Indian batters Shubman Gill and Ishan Kishan made significant improvements in the latest ICC ODI Rankings for men's batters after their impressive performances in the ongoing Asia Cup 2023.
Dhiraj Bommadevara blamed himself for the 'technical fault'
The father of the man arrested for allegedly raping a 12-year-old girl in Ujjain on Friday demanded capital punishment for his son, while the local bar association appealed that no lawyer should defend him in the court.
Billionaire Gautam Adani's group is planning to build 10 GW of integrated solar manufacturing capacity by 2027, as it looks to capture energy transition business, sources close to the company said. Adani Group currently has a solar manufacturing capacity of 4 GW. Adani Solar has a confirmed order book of over 3,000 MW in exports that are to be serviced over the next 15 months, they said, adding Adani, recently, raised $394 million for solar manufacturing from Barclays PLC and Deutsche Banks AG through a trade finance facility.
Australian batters Usman Khawaja and Marnus Labuschange entered record books for the slow pace of their batting during the fifth and final Ashes Test against England at The Oval.
A bench of Justices Aniruddha Bose and Bela M Trivedi dimissed the plea challenging the decision of the Lakshadweep administration and said courts cannot intervene in administrative decisions.
Australia will look for another dominating show but need to be cautious when they face a tenacious Netherlands in the World Cup 2023 match in New Delhi.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
Cricket and the Olympics made for strange bedfellows when the sport featured in its roster for the first and only time in the 1900 edition of the games in Paris.
Hotel companies, which have experienced substantial share price gains in the past six months, are not only expected to post robust revenue growth in the seasonally weak July-September quarter (second quarter, or Q2) of 2023-24 (FY24), with the trend continuing in the second half (H2) of FY24, but according to some analysts, they will also benefit from a structural uptrend in progress. To begin with, larger players in the listed hotel sector are expected to report strong growth in Q2 compared to the year-ago quarter. Led by higher demand from the business segment, the sector is expected to achieve a growth rate of 15-30 per cent.
While the four largest listed paint companies have seen marginal negative returns, the S&P BSE Fast Moving Consumer Goods (FMCG) and the National Stock Exchange Nifty FMCG indices have delivered a solid 16 per cent return during the same period. Initially, volume growth and reduced costs bolstered the sector's sentiment, but brokerages have grown cautious due to increased competitive pressures.
People who were present at the convention centre told media that the first blast occurred in the middle of a prayer.
The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.
IT services company Wipro on Thursday reported a 12 per cent rise in its consolidated net profit to about Rs 2,870 crore for the June 2023 quarter. It had posted a consolidated net profit of Rs 2,563.6 crore in the year-ago period (Q1FY23). Wipro's income from operations in the June quarter increased 6 per cent to Rs 22,831 crore.
'It could backfire on the BJP and boost the Opposition parties.'
Kidambi Srikanth rallied his way to a thrilling win in a tense decider as India kept alive their hopes of winning a first-ever gold medal at the Asian Games.
India's industrial production growth declined to a three-month low of 3.7 per cent in June mainly due to poor showing by the manufacturing sector, according to the official data released on Friday. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 12.6 per cent in June 2022 on account of a lower base effect. The previous low of IIP was at 1.9 per cent in March 2023.
The four, including the wife of the main accused, were taken 'outside the state' by a special flight, Singh said.
India on Thursday described as "unacceptable" China issuing stapled visas to some sportspersons from Arunachal Pradesh and asserted that it reserves the right to "suitably respond" to such actions.
After this win, India gained four points to consolidate their position at the top of the table with two wins out of two and a net run rate of +3.9.
P&G Hygiene and Healthcare's June quarter numbers were better than Street estimates, led by strong sales and robust margins. The company, which owns leading consumer brands like Whisper, Vicks and Old Spice, posted a 12.6 per cent year-on-year (Y-o-Y) growth in sales at Rs 852.5 crore during the quarter. The double digit sales growth, led by expansion of its distribution reach, reverses a sluggish sales graph with three of the last four quarters reporting a fall in sales.
"As part of regular training and towards increasing cohesion between civil and military functionaries, aircraft operations will take place over the Purvanchal expressway," said Defence PRO.
One of the accused teachers then allegedly hit the 10 students on their hands with a steel ruler, causing injuries to them, the official from Hill Line police station said.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
Over 300 priests of the Ernakulam-Angamaly archdiocese of the Syro-Malabar Church on Friday said they cannot accept the warning issued by the papal representative to celebrate Holy Mass in a uniform manner as prescribed by the synod or face consequences -- as it goes against their conscience.
'Hamas is going to be prepared. There will be booby traps and tunnels; it's going to be door to door fighting.'
The accused, Ravindra Kumar and Atul Bhadoliya, allegedly raped the girl, bit her and inserted a hard object in her private parts on Thursday, police sources stated, but a senior official said this can be confirmed only after her medical examination report is received.
Both versions come up with the dynamic island feature that first debuted on the iPhone 14 Pro and Pro Max and the USB-C type charging. As per The Verge, an American technology-based website, the iPhone 15 also has an OLED Super Retina display, which supports Dolby Vision content with 1,600 nits of brightness. The peak brightness of this display is 2,000 nits in sunlight, double that of the iPhone 14. Apart from this, the iPhone 15 and iPhone 15 Plus also has an improved camera system.
In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. Successful execution of the amendment would "immediately" solve the loan's acceleration and end all open litigation while avoiding further enforcement actions, they in a statement. An e-mail sent to Byju's did not elicit a response.
A 12-year-old girl was raped, bitten multiple times and brutalised allegedly by two men working for the trust managing a famous temple in Maihar town of Satna district in Madhya Pradesh, police said on Friday.
Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.
IT services firm Infosys on Thursday reported an 11 per cent rise in consolidated net profit in June quarter at Rs 5,945 crore, but lowered full year growth outlook to 1-3.5 per cent amid macro uncertainties. The net profit (before minority interest) during the same period previous year stood at Rs 5,362 crore.
The weak April-June quarter (first quarter, or Q1) results of the largest listed specialty chemical maker, SRF, and multiple global headwinds for the sector are expected to weigh on the prospects of Indian specialty chemical companies in 2023-24 (FY24). Stocks in the sector (down 7-18 per cent) have underperformed the benchmarks (up over 10 per cent) in the past three months, and given the multiple challenges, the trend is likely to continue. Kotak Institutional Equities expects a very weak quarter (Q1FY24) for the sector due to destocking, demand weakness across certain critical end-use industries, and price erosion amid intense competition from Chinese suppliers.
Cement manufacturers' show during the June 2023-ended quarter (Q1FY24) has indicated an intensified slugfest for market share. For instance, Dalmia Bharat (Cement) said it has lost market share in eastern India owing to lack of price discipline. Industry analysts also said that the seasonal weakness in cement prices for Q1 is showing up earlier than usual.
Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. While Berger Paints India outperformed its peers and reported results in line with expectations, market leader Asian Paints and Kansai Nerolac Paints fell slightly short of expectations.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
Succumbing to the demands of a radical Islamist party, the Pakistan government has agreed to try blasphemy suspects under terrorism charges in addition to the other sections of the country's penal code.
With debt woes and a legal case in the US courts, educational technology (edtech) giant Byju's is expected to be laying off more employees, according to media reports. According to The Morning Context report, Byju's intends to lay off 1,000 employees. This number, however, could not be confirmed by Business Standard independently. A spokesperson for the company declined to comment on the reports.
Australia's state of Victoria will not host the 2026 Commonwealth Games due to projected cost overruns.
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
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