India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
Enter the fireworks city of Sivakasi in Tamil Nadu and you can smell a familiar mix of sulphur, potassium nitrate, aluminium and carbon - familiar because if you've ever burst crackers, say on Diwali or Onam, chances are they were made here. Almost every household used to contribute to India's festive joy by contributing almost 90 per cent of the fireworks made in the country. Before the pandemic, around 300,000 people worked in the industry directly and another 500,000 indirectly. Located 540 kilometres from Chennai, Sivakasi is famous for its fireworks and crackers, along with printing and matches, but is almost a ghost town these days.
On Thursday in Visakhapatnam, hundreds of villagers, most of them children suffered the consequences of the vapour leak like irritation in eyes, breathlessness, nausea and rashes, and over 100 people were admitted to government and private hospitals. Several police personnel, who came for the rescue operation, also suffered symptoms like breathlessness, irritation in eyes and fell unconscious.
Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.
According to an official, two fresh deaths have been reported in Cuttack and Khurda districts of the state.
Shringla said that diplomacy is looking at a very changed scenario in terms of how statecraft and relations between countries work in the wake of the pandemic.
No matter what the differences, it is imperative that you maintain your dignity and composure.
The notification bans carry bags, one-time use of polyethylene, straws and thermocol
Likening the situation in the country to a "social emergency", Prime Minister Narendra Modi on Wednesday made it clear that the nationwide lockdown to contain the spread of Covid-19 cannot be lifted in one go on April 14, asserting that the priority of his government is to "save each and every life".
Tamil Nadu Chief Minister M K Stalin on Thursday said he has requested Prime Minister Narendra Modi to provide additional doses of COVID-19 vaccine to the state.
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
The proposed auction has business-friendly terms and conditions, including reduced upfront amount, adjustment of upfront amount against royalty and liberal efficiency parameters to encourage flexibility to operationalise the coal mines. Besides, 100 per cent FDI through automatic route has been allowed.
'While the country has been hit hard from a strong second wave of Covid, we believe the markets are willing to look through that.'
Following an active lifestyle rather than a sedentary one is essential to eliminate risk of diseases.
Sexual pleasure is more affected by psychological attachment, intimacy, and relationship satisfaction -- not just the size or shape of the genitals, notes Rajat Jadhav, co-founder, Bold Care, a digital men's health and wellness start-up.
This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.
The first fatality from COVID-19 was reported from the Washington state on February 26.
The advisory stressed on capacity building, saying identified human resource needs to be trained online using online training programs developed by the ministry.
Modi said his government has taken 'historic' decisions and the nation progressed rapidly in the last one year, even as he acknowledged that there is a lot that needs to be done and many challenges and problems face the country.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
As many as 79 people have lost their lives in incidents related to cyclone Tauktae in different parts of Gujarat, officials said on Thursday as the authorities carried out restoration work in affected areas and launched damage assessment exercise.
Opposing a dialogue with Pakistan till it stops 'exporting' terror into Jammu and Kashmir, a Bharatiya Janata Party delegation led by Jammu and Kashmir president Ravinder Raina at an all-party meet in New Delhi on Thursday said those seeking engagement with the neighbouring country should meet the victims of violence to understand their pain.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
The likes of Microsoft and Cohesity have offered crore plus salaries to some students.
The Taiwan-headquartered manufacturer has said it would invest around $5 billion in Maharashtra
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
The company is also looking at creating an algorithm-based talent marketplace and an internal gig workers' community. Talent Cloud will be powered by Algo Talent Development, enabling associates to move across different technologies and industry domains.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
'The economy needed 3 or 4 major fixes. The major one was, of course, the direct tax structure, but we ended up complicating the existing convoluted tax structure,' says M R Venkatesh, chartered accountant and lawyer.
Listen carefully to what others say and stay open to opportunities of grasping the new learning atmosphere.
From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.
Most of the changes have come about in the last four years and ITC is now reaping the dividends - standalone revenues from the non-cigarettes FMCG business have grown 40 per cent from FY17 to Rs 14,728.21 crore in FY21 and pre-tax profits 30 times to Rs 823.69 crore. The business accounted for 30.58 per cent of gross revenues and 4.85 per cent of pre-tax profits in FY21. "In the last four years, our margins in FMCG have gone up by 640 basis points (bps) and EBITDA margins have been moving up consistently. "We created levers that enabled a sustained growth trajectory," said ITC chairman and managing director Sanjiv Puri. Puri took charge as the chief executive officer in 2017; in 2018, he was redesignated managing director and effective May 2019, he became chairman.
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
The commanders are also expected to specifically deliberate on deployment of first batch of around six Rafale fighter jets which are expected to join the IAF's fighter fleet later this month, they said.
Goa on Sunday joined several other states in banning the sale of Nestle's instant noodle brand 'Maggi' which is at the centre of a raging nationwide row over food safety concerns.
1997: Sukanya Verma offers a recap of its memorable imagery.
A draft of the proposed constitutional package to be laid before Parliament later this month indicates that several powers of the President would be massively clipped, The News reported.
India has reiterated that members have spent over a decade on the Doha Round and it should not be kept hanging.
