Larsen & Toubro (L&T) disappointed the Street with its results for the January-March quarter of the 2022-23 financial year (Q4FY23) due to weaker core engineering & construction (E&C) segment performance by the engineering giant.' Although core E&C order inflows for FY23 rose 19 per cent year-on-year (YoY), with orders from railways, metals and water sectors, margins in the infrastructure segment crashed to all-time low. Revenue at Rs 58,300 crore was up 10 per cent YoY but somewhat below expectations.
Go First chief executive officer Kaushik Khona and tribunal-appointed interim resolution professional Abhilash Lal on Thursday reached out to the airline's staff, seeking their support for revival. While Khona said the company had taken all steps for the airline's revival, Lal put forward the view it would have to raise funds. Employee engagement took place a day after the National Company Law Tribunal (NCLT) admitted the airline's insolvency plea on Wednesday and ordered a moratorium on recoveries.
'Cinema or the sentiment of a people, disgusted by contemporary politics and wanting to feel whole by collectively recalling a moment of great difficulty that was also a cause for togetherness?', asks Shyam G Menon.
Those candidates who qualify in preliminary examination will be eligible for the mains exam.
IMAGES from the football matches played across Europe on Sunday.
The Municipal Corporation of Delhi, in a statement, said, "The gas leak occurred at the nearby railway tracks."
'The law is neither able nor willing to function the way the legal machinery is envisaged.'
Baljeet Kaur, a 27-year-old leading Indian woman climber, was found alive on Tuesday, a day after she went missing near Camp IV of Mt Annapurna while descending from the summit point, an official of the expedition organiser said.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
TCS will manage 'Question Creation Wizard' to frame question papers unique to each candidate with the same level of difficulty.
Once the Canadian investigation runs its course, Ottawa may put on the public domain further accusations passing for "evidence" -- and that could happen at some point closer to our general election. All in all, the big question is, what is it that the US is really up to, asks Ambassador M K Bhadrakumar.
There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.
On a mission to cool soaring bilateral tensions, United States Secretary of State Antony Blinken on Sunday held extensive talks with his Chinese counterpart Qin Gang on a range of issues, including the Taiwan issue and the Ukraine war.
Abnormal weight gain or loss, excessive fatigue and prolonged confusion are some of the early sign of thyroid issues, warns Nohita Cheva.
Did the student-friendly changes introduced this year work for the aspirants?
IMAGES from matches on Day 4 of the US Open at Flushing Meadows in New York on Thursday.
In order for life insurance customers to attain maximum benefits, it is crucial for the persistency ratio to be far higher than its current level, top executives of the industry said at the Business Standard BFSI Insight Summit on Thursday. The persistency ratio is a metric that measures the number of policyholders who continue paying renewal premium and is gauged at varying stages in the life of a policy. A higher persistency ratio is seen as an indicator of an insurance product that caters satisfactorily to the needs of a customer.
As the nearly 100-metre-tall Supertech twin towers were razed to the ground on Sunday, doctors said people living nearby, especially those suffering from respiratory diseases, should take extra care and avoid the area for a few days if possible.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
The IAF chief and his French counterpart, General Stphane Mille, took part in a joint exercise between the two countries.
A bench of Chief Justice of India DY Chandrachud and justices PS Narasimha and JB Pardiwala said that a citizen cannot seek a right to stand up in Parliament.
The Supreme Court on Friday said it would hear after four weeks a plea seeking a direction to the Centre and others to take steps to create an appropriate system which empowers citizens to petition Parliament and seek initiation of deliberations on issues highlighted by them.
Add adventure to your winterr vacay with any of these easy, one-day Himalayan treks that you can attempt by yourself.
Analysts have turned cautious on Cipla, as the recently issued form 483 by the US FDA with eight observations to its Pithampur (Indore) plant is expected to delay the launch of the company's key generic - Advair - in the US. The Indore plant contributes around 5 per cent of Cipla's revenues, as per analysts' estimates. While the respiratory product, which is used to treat asthma, had cleared the pre-approval inspection of the regulator at the Indore unit; the final approval could be unlikely until the company clears the recent US FDA observations, analysts say.
The international community counts a lot on India's leadership of the G-20 at a time when the world is faced with the continued economic slowdown and social distress, the chief of the International Monetary Fund Kristalina Georgieva has said. "India, which is the president of G-20 countries, remains among the countries that perform better than the global average and by a good percentage," IMF managing director Kristalina Georgieva told reporters during a media roundtable on Thursday. India formally assumed the G20 (Group of 20) Presidency on December 1.
'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.
The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.
The former Union minister asserted that an objective analysis of the political situation will lead to the conclusion that the Congress has to be the "pole" around which Opposition unity in the 2024 Lok Sabha election can be built.
'When we are playing at our best, it's very difficult to beat us.'
Tharoor said people may judge him as an underdog and think it will be a difficult contest for him, but asserted that he never ran away from difficulties.
Clawing the economy back to an 8 per cent growth path will require bringing savings and investment rates closer to 35 per cent on a sustained basis, which were 30.2 and 29.6 per cent, respectively, in FY22, according to a report. As per India Ratings, a large part of investments will have to be in infrastructure, which can help revive private investments by easing supply constraints and offset the weakening of external demand due to global headwinds. Higher investments will have to be accompanied by higher domestic savings to keep the savings-investments gap under check.
The High Commission said it was striving to return to its normal functioning soon.
India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'
'The first two years of the Jal Jeevan Mission were wasted in UP.' 'But after a push from the Centre, work has picked up pace in the state.'
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
I congratulate Delhi Police for its investigation of northeast Delhi riots, the HM said.
With just two weeks left for the CAT 2014, Manek Daruvala, founder, director of Triumphant Institute of Management Education, advises intelligent planning and effective execution of those plans as the twin pillars for charting your success.
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