IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic environment remains "uncertain". The Bengaluru-headquartered company, which recently saw a change of guard with Srinivas Pallia taking over at the helm as the new chief executive officer, has given an IT Services revenue growth guidance in the (-)1.5 per cent to +0.5 per cent band for June quarter on a constant currency basis.
Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.
Desperate to restore their battered reputation after the recent debacle in Australia, title holders India would be hoping for a positive start to their campaign in the Asia Cup cricket tournament when they take on Sri Lanka in Mirpur on Tuesday.
Images from the first One-Day International between India and the West Indies, in Ahmedabad, on Sunday.
The government may on Monday file an additional affidavit in the Supreme Court over the black money issue, stating clarification on its earlier stand of not revealing the names of those account holders who have deposited money in foreign banks.
The Indian bowlers were guilty of taking their foot off the pedal in the back end of the innings
The Bombay high court has passed an ex-parte interim order restraining several entities from operating websites etc claiming to provide PAN card services on behalf of the government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) and noted such an act poses a "national level threat". A single bench of Justice Bharati Dangre, in its order of January 12, said the Union government has made it mandatory for PAN card holders to link the same to their Aadhar Card, which is an acceptable proof of identification. Therefore, any potential misuse of the licence/ authorization to issue PAN cards would be highly detrimental not only to the interest of the company but also to national interest, the HC said.
India's race walkers Manju Rani and Ram Baboo won the bronze medal in the inaugural 35km mixed team event at the Asian Games.
Star striker Sunil Chhetri struck twice as holders India defeated Maldives 3-1 in an entertaining semifinal to book a berth in the summit clash of the SAFF Football Championship in New Delhi.
Government unlikely to bring in an ordinance to address the developments arising out of the Supreme Court order.
The Centre will disclose the list comprising over 600 names of the black money account holders on Wednesday after the Supreme Court slammed it for "giving a protective umbrella to foreign bank account holders". The court had said that Special Investigation Team will investigate black money and not the government.
Global coworking player WeWork has filed for bankruptcy in the US and has also started a comprehensive reorganisation and restructuring process to cut debt and strengthen its balance sheet. NYSE-listed WeWork Inc said that its centres located outside the US and Canada will not be part of this proceedings. Softbank-backed WeWork Inc, which was once valued at $47 billion, had reported a net loss of $696 million in the first half of this year.
Images from Day 1 of the first Test between India and the West Indies in Dominica, on Wednesday.
Right to apprenticeship, legal guarantee for MSP, passing a constitutional amendment to raise the 50 per cent cap on reservations for SCs, STs and OBCs, a nation-wide caste census and scrapping of Agnipath scheme are among the promises made by the Congress in its Lok Sabha polls manifesto released on Friday.
I feel it is utterly silly to disproportionately celebrate academic achievements in school and college when there is so much life and transformation by life yet to happen, states Shyam G Menon.
The All India Football Federation is exploring the possibility of selecting Persons of Indian Origin (PIOs) for the Indian football team.
'When he was sidelined in the INDIA bloc, it was was the turning point because it badly hurt Nitish's ambition.' 'After that, he decided to damage INDIA by changing sides.'
Air India will require more than 6,500 pilots to operate 470 aircraft that are to be supplied by Airbus and Boeing in the coming years, according to industry sources. Seeking to expand fleet as well as operations, the airline has placed orders for acquiring a total of 840 aircraft that includes an option to buy 370 planes. This is one of the largest aircraft order by any airline. Currently, Air India has around 1,600 pilots to operate its 113 aircraft fleet and in recent times, there have been instances of ultra-long haul flights getting cancelled or delayed due to shortage of crew.
World Cup holders India and South Africa will clash in the opening match of the ICC Champions Trophy, 50-over contest, at Cardiff in Wales on June 6, 2013, tournament hosts the England and Wales Cricket Board announced on Tuesday.
ACC president Jay Shah attributed the body's decision to host Asia Cup matches in Sri Lanka on teams' reluctance to play ODIs in the UAE heat.
The Centre told the Delhi high court on Friday that American journalist Angad Singh has been blacklisted despite being an OCI cardholder for misrepresenting facts in his application for obtaining a journalistic visa and violating certain norms.
Arshdeep Singh brushed aside concerns around India's long tail after their shock loss in the first T20I against the West Indies.
Holders India begin their Under-19 World Cup defence with a clash against Sri Lanka on January 19, at the Mangaung Oval, in Bloemfontein, South Africa.
Kiran Baliyan became the first Indian woman to win an Asian Games medal in shot put event in 72 years.
With the Ram Mandir scheduled to open its doors to visitors in January, Ayodhya is expected to welcome travelers both from India and abroad.
Credit card holders in India, who pay the highest rates of interest in the world, have been ripped of Rs 6,000 crore (Rs 60 billion) as "extra charges" by banks in a span of ten years, according to a rights group.
The RBI had earlier fixed September 30, 2023 as the last date for the purpose of completing the exercise in a time-bound manner and to provide adequate time to the public.
The move will have a major impact on Indian women as they are the major beneficiary of the Obama-era rule.
A ruthless Indian team is unlikely to take its foot off the pedal as it aims to top up a world-record winning feat with another clean sweep against the West Indies in Port of Spain, Trinidad, on Wednesday.
In the men's 20km race walk, Vikash Singh finished 28th in a time of 1 hour 21 minute 58 seconds, while Paramjit Singh (1:24:02) and Akashdeep Singh (1:31:12) were 35th and 47th respectively in the event in which 50 athletes competed.
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
Drawn in Group A alongside Sri Lanka, Afghanistan and Bhutan, five-time winners and holders India will kick off their campaign in the SAFF Cup with a match against Afghanistan on December 3.
The new Duster will go head-to-head with popular models like Hyundai Creta, Kia Seltos, Volkswagen Taigun, Skoda Kushaq, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, MG Astor, etc in the highly competitive mid-size SUV segment.
Jyothi Yarraji wins India''s first ever 100m hurdles medal at WUG, breaks her own national record
India posted a 6-0 win over Bangladesh for their fourth straight victory in the Asia Cup hockey tournament.
'Training was incredible and thrilling, be it firing weapons, drill or 10 km runs and push-ups. It gave us unforgettable memories and inculcated soldier like qualities.'
England need a top-eight finish to make the cut for the 2025 Champions Trophy in Pakistan and 36-year-old Malan said they would try to produce their best form in their remaining group matches.
West Indies are smarting from their 0-3 loss at home in the ODIs against Bangladesh. All-rounder Jason Holder has made a comeback and will give much needed balance to the side, led by Nicholas Pooran.
Australia's quest for a record hat-trick of titles started with a hard-fought 2-1 win over Ireland in the opening Pool D match of the men's hockey World Cup, in Bhubaneswar, on Friday.
Under the deal, reportedly worth more than $250 million, international matches and the domestic Big Bash League for men and women will be beamed to India "and other territories across Asia" from the 2023-24 season.
