Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the financial year 2023-24 (Q4FY24). The losses accounted for a fifth of the benchmark S&P BSE Sensex's 609-point loss. Most brokerages have tamed their earnings expectations for the next couple of quarters, after the management said it expected the pressure on NIMs to continue in the near term.
While the trailer gives away a major chunk of the film's plot, it still intrigues us.
If Apple Computer has its way, this is precisely what you may get in some years to come. Steve Jobs, the chief executive officer and co-founder of the company, has aptly titled the patent application as 'Advertisement in an Operating System'. And he has listed himself as an 'inventor' of the application (US Patent Application 20090265214).
The latest ultimatum underlines the hardening of the government's stance on the issue of deepfakes and misinformation powered by AI, after the Centre categorically told platforms to crack down with urgency on doctored and manipulated videos rampantly being circulated on social media.
'A new ownership structure must embed supporters and include fan share ownership'
"It is a fair assumption that INC possesses the material/empirical/verifiable evidence based on which these specific/explicit 'facts' have been published, an action which can fairly be assessed to embed knowledge, motive and intent to do so by the author," the EC notice read.
Gandhi Before India and Gandhi -- The Years That Changed The World, historian Ramachandra Guha's acclaimed books on the Mahatma, are headed for the OTT universe.
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
The 42-year-old barrister, who until now served as the Attorney General in the Boris Johnson led government, was among the first contenders to throw her hat in the ring to replace Johnson as Tory leader and Prime Minister.
The Central Bureau of Investigation has arrested Delhi lawyer Gautam Khaitan in the case of alleged commission paid by Brazilian aircraft manufacturer Embraer to a UK-based NRI middleman to swing a three-aircraft deal with DRDO worth $210 million in its favour in 2008, officials said on Thursday.
Johnson said that he has travelled to Ukraine to meet President Zelenskyy in person and show solidarity with the Ukrainian people.
A special Indian Air Force repatriation flight ferrying 168 evacuees from Kabul landed at the Hindon air base in Ghaziabad on Sunday.
Matt Renshaw says he will try to make a 'good impression'
British Prime Minister Boris Johnson on Thursday finally agreed to step down as Conservative Party leader, triggering a leadership election for a new Tory leader who will go on to become the new premier, according to reports from Downing Street.
External Affairs Minister S Jaishankar is in Moscow on a four-day visit to attend the meeting of foreign ministers of the SCO of which both India and China are members.
'Rather than experimenting with CBDCs, we must come up with a very simple and straight design.' 'Dematerialise your currency/cash and with that dematerialised rupee allow all the transactions digitally.'
Even before Boris Johnson stepped out of 10 Downing Street on Thursday to deliver his resignation speech as Conservative Party leader and triggering a leadership race for a new British prime minister, at least one Indian-origin candidate is already lined up to compete for the "best job in the world".
Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.
British Prime Minister Boris Johnson on Thursday said he was sad to announce his resignation as Conservative Party leader, triggering a leadership election for a new Tory leader who will go on to become the new PM.
The Lion Air flight, with 188 passengers and crew on board, crashed into the sea off Indonesia's island of Java, minutes after taking off from Jakarta Soekarno Hatta International Airport.
His trip to Moscow comes days after Defence Minister Rajnath Singh visited the Russian capital to attend a meeting of the defence ministers of the eight-nation SCO of which both India and China are members.
The supply shipment is being undertaken in cooperation with the Adani group and Linde company.
CBI sources said a case has been registered against UK-based NRI Vipin Khanna, whose named had also figured in another defence deal probed by the agency. They said the kickbacks were allegedly paid in 2009 through subsidiaries of Embraer via a Singapore based company which is owned by the middleman.
Foreign Secretary Harsh Vardhan Shringla on Wednesday had 'fruitful and productive' meetings with top Russian diplomats on bilateral issues as well as regional and global issues of mutual interest and the two sides discussed ways to further strengthen the bilateral Special and Privileged Strategic Partnership.
The FB Newswire is a Facebook page of hand-selected and journalist-verified news stories from across Facebook's platform, according to Andy Mitchell, director of news and global media partnerships at Facebook.
The minister assured the families that the people would be airlifted as soon as possible.
Tata Consultancy Services (TCS) on Thursday said it plans to invest more than $100 million in Austin and hire 1,000 new employees across Texas. TCS has expanded its business operations in Austin, Texas with the construction of a new facility, doubling its presence to more than 400 professionals in the city and adding to its over 5,500 employees across the state, TCS said in a statement. The new facility will officially open in late December 2020 and have space for 367 employees, it added.
Will MBA hybrid model be the focus for B-schools? Should B-schools focus on long distance programmes?
The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.
A party leader said the allegations levelled against the Union minister of state for external affairs were serious but added that there were several aspects to it, including that there was no legal case against him.
The first career diplomat to be appointed as the EAM, Jaishankar paid homage to his predecessor in his first tweet from his official account on May 31. A surprise addition to Prime Minister Narendra Modi's second Union Cabinet, the former foreign secretary certainly has big shoes to fill.
India on Sunday brought back nearly 400 people, including 329 of its nationals and two Afghan lawmakers, in three different flights as part of its efforts to evacuate its citizens from Kabul in the backdrop of the deteriorating situation in the city after its takeover by the Taliban
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
The royalty payment obligations will be subject to arbitration.
With two more Indians tested positive, the number of Indians infected with virus on the ship rose to five.
10 weight-loss tricks in the 'mundane or otherwise' activities of the day that help to achieve the desired weight loss goals!
10 weight-loss tricks in the 'mundane or otherwise' activities of the day that help to achieve the desired weight loss goals!
"Stephen Abraham of India, caught in a crossfire in Bahrain, loses his life. Our Emb (embassy) in touch with Bah. (Bahrain) authorities who are cooperative," an official spokesperson in the Ministry of External Affairs said in New Delhi.
