This is the second time in a week that the Karnataka state capital is witnessing such severe waterlogging.
At a media briefing, ministry of external affairs spokesperson Arindam Bagchi asked Pakistan to focus on setting its own house in order in containing terror networks and said that the international community is well aware of that country's credentials when it comes to terrorism.
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing.
Hindustan Unilever Ltd, India's largest personal care product maker, on Tuesday reported a better-than-expected increase in its September quarter net profit and revenues, signalling a revival of demand following the world's biggest lockdown.
India's second-largest software services firm expects its topline to grow 7.5 - 9.5 per cent in FY2019-20 in constant currency terms.
'Vishal Sikka may have realised that he was in no position to deliver on the promise Infosys made to its shareholders.' 'Perhaps he was looking for an escape route and he quit under the cover of "continuous drumbeats of distractions",' says Sudhir Bisht.
Sourav Ganguly will have his hands full during his nine-month tenure
The country's largest software services firm, Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent rise in consolidated net profit to Rs 9,246 crore for the March 2021 quarter.
CBDT has directed officials to start scrutinising information from tax evasion petitions, and take them up on a priority basis.
The quick reaction surface-to-air-missile missile developed by DRDO was test launched from the Integrated Test Range at Chandipur near here at about 3.08 pm from a vertical launcher against an electronic target at a very low altitude.
Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.
Pakistan Cricket Board has suffered massive revenue losses but it doesn't need India to 'survive' and keep its finances flowing, PCB chairman Ehsan Mani said on Tuesday. Terming the BCCI as 'unreliable', Mani said Pakistan cricket is vibrant and strong enough despite not playing any bilateral series with India for a long time now.
"We don't want any member country to get hurt. Especially India as they have always supported us. If India becomes weak, we also become weak."
Cricket Australia (CA) announced Kevin Roberts' resignation with immediate effect on Tuesday, following months of criticism over his stewardship during the COVID-19 shutdown.
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: "Just to confirm our position, there will be no new equity infusion from Vodafone Group." This is the first time that Vodafone has spoken about its stand after the government announced a telecom package.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Referring to the trio's fight for share in BCCI revenue for players back in 2001-02, sehwag said it went a long way in guaranteeing financial security that is enjoyed by the current crop of players.
Revenue of the Mumbai-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal.
The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at a recent event organised by the All India Graduate Engineers and Telecom officers Association (AIGETOA) said that the government is giving the telecom firm an opportunity for a turnaround. "The government has taken a policy decision that BBNL is going to be merged into BSNL. "This means all work of BBNL at the pan-India level is going to come to BSNL," Purwar said at the All India Conference of AIGETOA on March 13.
Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report.
Its Board has declared a second interim dividend of Rs 5 and a special dividend of Rs 40 per equity share of Re 1 each of the company.
Finance Minister Nirmala Sitharaman on Thursday said taxpayer base has almost doubled to 1.28 crore in four years of rollout of the historic tax reform and the enhanced GST mop up in the recent months should now be the "new normal". In a written message to tax officers on the fourth anniversary of GST rollout, she said implementing any reform of this scale in a large and diverse country like India can be highly challenging, but GST has brought about ease in taxpayer compliance and reduced common man's tax burden.
The Pakistan Cricket Board is mulling over several options in a bid to convince Bangladesh to tour Pakistan for the two-match Test series. Several options will be put before the Bangladesh Cricket Board officials and one of them is to play the matches in Karachi and Rawalpindi. Another option is to split the series with Bangladesh playing one Test in January and the second one later in the year.
The International Cricket Council, the sport's world governing body, has the final say over whether the Oct. 18-Nov. 15 event will go ahead.
A Cricket Australia spokeswoman told Reuters she was unaware of any decision being taken to postpone the World Cup.
The boat was brought to the Jakhau coast in Kutch district of Gujarat for further investigation.
If such a replacement is done, for example, in the 50 Rajdhani trains, officials said, it will create around 14,400 additional berths for AC-III passengers.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
With the spectrum auction now delayed till at least next May, the expected 5G orders for telecom equipment have not been sealed, the companies point out. Surajeet Das Gupta reports.
NSE's board was to approve on Friday the annual financial statement for the year ended March 31, 2019, but it decided to defer the matter till its legal team firmed up a view on Sebi's order, sources said.
Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.
The Rajasthan government will soon begin an online auction of a special pink sandstone variety, much sought after by builders including those constructing the Ram temple in Ayodhya, found in the Bansi Paharpur area of Bharatpur.
'Australia vice-captain Travis Head on Thursday backed the idea of playing the entire Test series behind closed doors at Adelaide Oval, where an on-site hotel is under construction, to ensure it goes ahead amid restrictions forced by the COVID-19 pandemic.'
The window came up for discussion during BCCI Apex Council meet on Friday and if finalised, it will mean the board will have to conduct 60 matches in 44 days.
The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.
The stock-and-cash deal is the biggest in the education space.
Cricket Australia is currently not eligible for the federal government's JobKeeper support program having lost no major revenue streams from cancelled matches. The staff kept on job are working on 20 per cent of their usual salaries but CA's executives remain on 80 per cent of their usual base rates of pay.
The IPL, which is indefinitely postponed, can be held in the September-October window if the scheduled T20 World Cup in Australia doesn't take place.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
