Tata Sons, India's biggest promoter in the private sector, is expected to earn a record Rs 27,797 crore via equity dividend and proceeds through share buyback from its listed group companies for the financial year 2021-22. This amount is up 17.6 per cent from Rs 23,663 crore that it pocketed in FY21. Nearly two-thirds of these proceeds will show up in Tata Sons' financial results for FY22, thanks to the quarterly interim dividend by its cash cow Tata Consultancy Services (TCS).
Behind each Covid vaccine are hundreds of parents, who had the courage and conviction to come forth with their children for the trial of a vaccine which was, until then, untried in that age group, reports Sindhu Bhattacharya.
The Indian authorities have to reconfirm that Prabhakaran is dead. It may require seeking assistance from Interpol and also involve the re-opening of the Rajiv Gandhi assassination case, and more so, the investigations, formally or otherwise, asserts N Sathiya Moorthy.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
In an address to the nation amid increasing Covid cases through the Omicron variant of the virus, he said the precaution dose will also be available for citizens above 60 years of age and with comorbidities on the advice of their doctor from January 10 next year as well.
'Though I am a little scared of needles, but I still got myself vaccinated today. I urge people to please get vaccinated as soon as they can! #GotTheDose #We4Vaccine #CovidVaccine'
It has taken a pandemic to move the needle on the salary packages for greenhorn engineers hired by the Indian IT services sector. The country's third-largest IT services player, HCL Technologies, has decided to boost the entry-level packages from Rs 3-3.6 lakh to Rs 4.25 lakh for FY23, in a bid to attract fresh talent and keep them for longer to counter the impact of rising attrition. This new package would also be applicable to those freshers who joined the firm in FY22.
Seeking to further democratise air travel with dependable and affordable services, airline Akasa Air is aiming to start flights in late May or early June after getting its first Boeing 737 MAX aircraft in April. Bullish on the long term growth potential of the country's civil aviation sector, ace investor Rakesh Jhunjhunwala-backed carrier is looking to have 18 planes in its fleet by the end of March 2023. Despite COVID clouds continuing to cast a shadow on the airlines, Akasa Air CEO Vinay Dube is more than optimistic as he asserted that "if you look at the long term future of commercial aviation in India, it is as exciting as anywhere in the world".
In a significant move, markets watchdog Sebi on Tuesday decided to implement the requirement to separate the positions of chairperson and managing director at listed companies on a voluntary basis and not make it mandatory for now. The development also comes against the backdrop of Finance Minister Nirmala Sitharaman recently saying the regulator should hear if Indian companies have a view on the matter even as she made it clear that she was not "giving a diktat". The top-500 listed entities were required to split the roles of chairperson and managing director/chief executive officer before the April 2022 deadline.
"The world's eye is on Kashmir and on Pakistan...I will be the ambassador who raises Kashmir's voice at every international forum," he said.
A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.
The growth in imports was led by product categories such as diagnostic items, ultra-sonogram machines, MRI and ECG apparatus, syringes with needles, suture needles, digital thermometers, malaria diagnostic kits, and hearing aids.
In a huge relief for India's Commonwealth Games contingent, its boxers were cleared of any doping violation, but they remained under the scanner for breaching the Games' strict 'no needle' policy.
A summary of sports events and persons who made news on Saturday.
A playlist of 10 'so bad it's good' songs, our hostile neighbours will regret the day they decided to take panga.
Though Google's investment is minuscule and will not move the needle, it will attract other investors to the company and be a morale booster. Pursuing Vodafone Idea would potentially pit Google against Facebook and an increasingly dominant Jio.
Cautioning that the country is passing through a phase when there are festivals and potential gatherings, he said this is a critical phase as the virus can spread again.
Swaraj India president and former AAP leader Yogendra Yadav on Thursday termed the Arvind Kejriwal-led party's performance in Punjab as "spectacular and extraordinary", but said it's more "an indictment" of the "entire political establishment" rather than the success of a party in the electoral battle.
Was this a clear-cut verdict with an unambiguous mandate? A cursory perusal would be in the affirmative but a meticulous dissection reveals otherwise.
The answer would have been an unequivocal yes had the A4 been priced more aggressively, says Pavan Lall.
'As a donor, you may think you are saving one life. But you touch the lives of the entire family and community associated with the person. And it only cost you a few hours of your life.'
Pakistan Prime Minister Nawaz Sharif on Wednesday hit back at his Indian counterpart Narendra Modi, saying poverty cannot be eradicated by "driving tanks on farmlands" and once again needled India by calling Hizbul commander Burhan Wani the "valiant son of Kashmir".
In the past 12 months, since September 2020, the net cumulative increase in employment has been just 44,483. This is negligible -- just 0.04 million on a base of over 400 million jobs, reveals Mahesh Vyas.
Hit by a needle controversy but in high spirits nonetheless, the jumbo Indian contingent would be aiming to make it all good with strong medal-winning performances.
India will have their task cut out against a vastly improved England
The silent epidemic is playing havoc with the lives of millions of Indians. But those suffering from this chronic disease remain in the dark about their infection.
'Getting Brijbhushan to rake up Thackeray's anti-north Indian stand is the BJP's way of cutting Raj Thackeray to size.' 'Could just one MP have stopped Raj Thackeray's Ayodhya tour?'
'Having dedicated my life towards improving breast healthcare in my motherland. I shall continue to work with rock-solid determination following this "chosen" path.'
'India-US relations seem to have soured when the US expected India to not only balance China in the Asia-Pacific, but also make concessions to Pakistan as a price for US technological help,' says Colonel Anil A Athale (retd).
Also seen in action for India will be the shuttlers, boxers, the women's hockey team and the table tennis players among others.
'The logical step is to challenge the very legitimacy of the Chinese claim over Tibet,' recommends Inspector General Gurdip Singh Uban (retd).
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019.
You aren't dealing with a normal, civilised, law. The NDPS Act, in its preconditions for bail, and insistence on evidence of innocence rather than guilt, is worse than UAPA. Imagine yourself or your child at the other end of this, observes Shekhar Gupta.
Tokyo-bound AFI medical commission chairman AK Mendiratta dies of COVID-19.
Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.
Some workers in India were also make to work on Sundays and national holidays "in sweltering heat, without adequate supply of clean drinking water or any breaks".
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
Only half India's population has received the first shot of Covishield and Covaxin and the government's immediate task is to first vaccinate its adult population before placing its focus on children.
The Taliban knows that Washington holds the key, points out Ambassador M K Bhadrakumar.
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