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TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

IT major Tata Consultancy Services (TCS) on Friday posted a consolidated net profit of Rs 12,434 crore in the January-March quarter, a rise of over 9 per cent from Rs 11,392 crore a year ago.

Sequentially, the net profit was up 12.44 per cent. In Q3FY24, the net profit of the company was Rs 11,058 crore.

TDP leader Lokesh Nara calls phone tapping a grave danger to democracy

TDP leader Lokesh Nara calls phone tapping a grave danger to democracy

Lokesh Nara, National General Secretary of Andhra Pradesh's Telugu Desam Party (TDP) reacted strongly to the phone tapping security alert by Apple and called the incident a grave danger to democracy.

Speaking to ANI, the General Secretary said that the latest incident was the second attempt to tap his phone. "I was alerted by Apple that this was the second attempt to tap my phone by agencies.

INDIA bloc will deliver sweet victory on June 4, says TN CM Stalin

INDIA bloc will deliver sweet victory on June 4, says TN CM Stalin

Tamil Nadu Chief Minister and DMK president M K Stalin on Saturday said the INDI alliance will deliver a sweet victory on June 4.

Stalin who was pleasantly surprised over receiving Mysore Pak from Congress leader Rahul Gandhi during the latter's visit to the state on Friday, expressed that he was touched by his brother's sweet gesture."
The two leaders had addressed a poll rally in Coimbatore.

K Kavitha threatened S C Reddy to pay Rs 25 crore to AAP: CBI tells court

K Kavitha threatened S C Reddy to pay Rs 25 crore to AAP: CBI tells court

BRS leader K Kavitha had allegedly "threatened" Aurobindo Pharma Promoter Sharath Chandra Reddy to pay Rs 25 crore to the Aam Aadmi Party for five retail zones allotted to his firm under the Delhi government's excise policy, the CBI told Special Court on Friday, while seeking her custody.

Kavitha had told Reddy that in case of non-payment of money his business will be harmed in Telangana and Delhi under the Excise policy, the CBI has alleged.

CSDS survey: Ram temple boosts Hindu identity, strong backing for pluralism

CSDS survey: Ram temple boosts Hindu identity, strong backing for pluralism

The findings of the CSDS-Lokniti 2024 pre-poll survey revealed that an overwhelming majority of respondents (79 per cent) appeared to support the idea that India belongs to all religions equally.

Notably, the belief in India as a shared space for adherents of all faiths is not confined to religious minorities but is also prevalent among the majority community. While 77 per cent of Hindus expressed faith in religious pluralism, an even higher percentage of Muslims (87 per cent) and other minority groups (81 per cent) shared this view.

Indri sells 100,000 cases, turns world's fastest growing single malt whisky

Indri sells 100,000 cases, turns world's fastest growing single malt whisky

Indri, the Indian single malt whisky, has crossed the milestone of 100,000 cases in sales within just two years of its launch to become the fastest-growing such liquor in the world, according to a report in the Economic Times (ET).

“In a market once dominated by imported labels, Indri stands tall as a beacon of Indian excellence. It's not just a brand; it's a symbol of national pride, elevating the status of Indian spirits to unparalleled heights,” said Praveen Malviya, chief executive officer (CEO) of Piccadily Distilleries, which makes the malt.

'Great positive progress' made to resolve border row with India, says China

'Great positive progress' made to resolve border row with India, says China

China and India have made "great positive progress to resolve the border standoff, with both sides maintaining close communication, a senior foreign ministry official said here on Friday.

The foreign ministry spokesperson Mao Ning's remarks were further elaboration on China's reaction to Prime Minister Narendra Modi's recent statement in which he said that for New Delhi, ties with Beijing are important and the "prolonged situation" at the borders should be addressed urgently.

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

Mitsubishi UFJ Financial Group Inc. is in talks to acquire a roughly $1.7 billion stake in HDFC Bank Ltd.’s consumer lending unit to tap booming demand for personal finance loans in India, people familiar with the matter said.

Japan’s biggest lender is nearing the purchase of a 20 per cent stake in HDB Financial Services Ltd., which offers personal, gold and auto loans, said the people, who asked not to be named because the information is private. It would mark one of the biggest financial sector deals involving lenders of the two countries.

Hindustan Zinc hits new high in weak market; zooms 49% thus far in April

Hindustan Zinc hits new high in weak market; zooms 49% thus far in April

Shares of Hindustan Zinc hit a new high of Rs 434.80, as they rallied 8 per cent on the BSE in Friday’s intra-day trade in an otherwise weak market amid back of heavy volumes.

Thus far in the month of April, in nine trading days, the stock of the metal company has zoomed 49 per cent.

NCLAT stays insolvency proceedings against Deccan Charters till April 26

NCLAT stays insolvency proceedings against Deccan Charters till April 26

The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26, 2024, its next date of hearing.

Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had directed initiation of Corporate Insolvency Resolution Process (CIRP), admitting a plea of financial creditor Krone Finstock claiming a default of around Rs 10 crore.

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