India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.
IT major TCS CEO Rajesh Gopinathan has reigned, and the company nominated its global head of the BFSI division K Krithivasan as the CEO Designate with immediate effect, the firm said on Thursday. Gopinathan will continue with the company till September 15, 2023, to provide transition and support to his successor.
The US is planning to resume the process of domestic visa revalidation in certain categories, like H-1B and L1 visas, on a pilot basis later this year, a move that will benefit tens of thousands of foreign tech workers, particularly from India. Until 2004, certain categories of non-immigrant visas, particularly the H-1B, could be renewed or stamped inside the US. After that, for the renewal of these visas, in particular, those on H-1B, the foreign tech workers have to go out of the country, mostly to their own country to get the H-1B extension stamped on their passport.
Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.
Rupa Gurunath, the first woman president of a BCCI affiliated unit, is a full-time Director of India Cements Limited (ICL). She has been found guilty of indirect conflict of interest for ICL's close association with Chennai Super Kings Cricket Limited (CSKCL).
A group of protesters on Saturday marched to the office of a Malayalam vernacular magazine in New Delhi raising slogans, claiming that a novel serialised in the publication defamed Hindu women and the Brahmin community.
The situation of Russian tennis star Maria Sharapova is "bad" after she tested positive for the banned substance meldonium and she may never play again, R-Sport news agency quoted Shamil Tarpishchev, the president of the Russian Tennis Federation, as saying.
'It is only a short series, but we think we can learn a lot from it'
Mohun Bagan batsman Arindam Ghosh, who represents Railways in the Ranji Trophy, on Monday became the first player to score a century in a pink ball match in India in the Cricket Association of Bengal's four-day Super League final between Mohun Bagan and Bhowanipore at Eden Gardens in Kolkata.
Bangladesh all-rounder Shakib Al Hasan's six-month ban imposed last month for "misbehaviour" has been lifted, the Bangladesh Cricket Board said on Tuesday.
Determined defending and unstinting effort kept the League Two team in the game against opponents lying second in the Premier League, almost 70 places above them.
The Karnataka high court brought a stay on the Rajiv Gandhi Khel Ratna to be conferred on tennis ace Sania Mirza on Wednesday following paralympian H Girisha's plea against it. The court also issued notice to the Centre on the development.
The Jharkhand Olympic Association joined Hockey India and the Bowling Federation of India in demanding a No Confidence Motion against incumbent IOA president N Ramachandran by calling a Special General Body Meeting.
In the dock over Lalit Modi row, Rajasthan Chief Minister Vasundhara Raje insisted that she has not been asked to resign and media was running "false" reports to tarnish her image and cause "political damage".
India wasted as many as five penalty-corners seconds from the final hooter and went down 1-2 to reigning silver medallists the Netherlands in the Rio Olympics' hockey tournament on Thursday. The defeat saw the eight-time Olympic gold medallists slump to their second defeat in the competition.
Former India captain Sourav Ganguly said Anil Kumble was nearly dropped for their famous tour to Australia in 2003-04 but it was him who fought with the selectors till late in the night to take the legendary leg-spinner on board. According to Ganguly, the selectors were keen for a left-arm spinner Murali Kartik for the tour Down Under but on Ganguly's insistence Kumble was taken as he returned with 24 wickets, the highest in the series with India retaining the Border-Gavaskar Trophy after drawing the series 1-1.
The 'ethical voting' campaign launched by the Election Commission of India has pulled big crowds in rural as well as urban centres of Garo hills areas under Tura parliamentary constituency in Meghalaya in the run up to the polling that is being held on Wednesday.
Proud of seeing Jammu and Kashimir cricket getting noticed after its historic victory over Mumbai in their opening match of the Ranji Trophy, former India captain Bishan Singh Bedi said the team from the Valley boasts of many a talented player and singled out Perveez Rasool for a World Cup berth.
Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.
Viswanathan Anand on Saturday said the pressure of expectations of playing at home in the last World Chess Championships in Chennai was not a factor but pointed out that he made a few mistakes against Magnus Carlsen, which eventually cost him the world title last November.
I am fulfilling the promise that I have made, said the PM on One Rank One Pension.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
For years it has been evident that fibre and DTH would give tough competition to cable in India where regulatory overload has mutilated an already warped industry structure. OTT added fuel to the fire. From Rs 27,000 crore in 2010, cable's share of subscription revenues is now estimated at Rs 13,000 crore.
The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.
The Telecom Regulatory Authority of India on Thursday launched a channel selector application which will facilitate consumers to view their TV subscription and choose the channels of their interest while removing the unwanted ones.
Given the fragmented nature of the domestic cable TV market and the need for last-mile connectivity, RIL, said sources, would have to do more to achieve its target of reaching 20 million homes and 15 million business establishments with its broadband services across 1,600 towns in the next few years.
Mohandas Pai took part in an hour-long chat on rediff.com
The conditional access system may roll out zone-wise in Delhi and Mumbai from July 15, if the government agrees to a recommendation made by the multi system operators on Thursday.
Cable operators on Wednesday began offering pay channel bouquets at about 50% discounted prices in South Delhi since most consumers are wary of the steep increase in the cable bill under CAS and are yet to invest in set top boxes.
Trai said, the operators should ensure that payout per month of the 'best fit plan' generally does not exceed the payout per month of existing tariff plan of the subscriber.
The DTH industry has to pay entertainment tax to state governments and service tax to the central government.
Jio is now present in all of the 29 states.
Union budget was mildly for cable broadcasting industry and DTH.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
A neutral Budget for media and entertainment sector.
On this technological revolution, we are 7-10 years behind the US. So, the threat to newspapers doesn't exist now, says Trai Chairman Rahul Khullar.
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