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BEL Q4 result: Net profit rises 30% to Rs 1,797 cr, revenue from ops up 32%

BEL Q4 result: Net profit rises 30% to Rs 1,797 cr, revenue from ops up 32%

Navratna Defence PSU Bharat Electronics Ltd (BEL) on Monday announced a jump of almost 30 per cent in its consolidated net profit at Rs 1,797.11 crore for the quarter ending March 31 of the financial year 2023-2024 (Q4FY24). The state-owned company had reported a net profit of Rs 1,382.02 crore in the year-ago period (Q4FY23).

The compnay reported an increase of 32 per cent in revenue from operations to Rs 8,564.08 crore in Q4FY24 from Rs 6,479.12 crore in the same quarter of FY23, according to the regulatory filing.

Patanjali's 'soan papdi' fails quality test, official and others arrested

Patanjali's 'soan papdi' fails quality test, official and others arrested

A Patanjali official and two others have been sentenced to six months in prison by a Uttarakhand court after samples of the Patanjali Navratna Elaichi Soan Papdi, a traditional sweet, failed a quality test, reported India Today.

The District Food Safety Officer of Pithoragarh in Uttarakhand collected the samples from a shop in Berinag Market in September 2019 following concerns about the product.

Congress didn't revoke Article 370 for appeasement politics: HM Shah

Congress didn't revoke Article 370 for appeasement politics: HM Shah

Union Home Minister Amit Shah on Monday attacked the Congress, saying the party did not revoke Article 370 in Jammu and Kashmir for appeasement politics.

Addressing an election rally here, Shah reiterated that Pakistan-occupied Kashmir (PoK) belongs to India and "we will take it back".

AstraZeneca to establish $1.5 billion cancer drug plant in Singapore

AstraZeneca to establish $1.5 billion cancer drug plant in Singapore

AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker said on Monday.

The facility, which will be the drugmaker's first end-to-end ADC production site, will be supported by the Singapore Economic Development Board. The company did not provide details on the possible financial incentives from the Singapore government.

LS polls: My own welfare lies in welfare of Constitution, says PM Modi

LS polls: My own welfare lies in welfare of Constitution, says PM Modi

Prime Minister Narendra Modi has credited the Constitution for the trajectory of his own life, asserting that even if one assumes he acts out of self-interest, his own welfare lies in the welfare of the Constitution.

In an interview with PTI, Modi rejected the opposition's claim that he intended to change the Constitution and end reservation if the BJP-led NDA wins over 400 seats in the Lok Sabha polls. It is the BJP, he stressed, which has given the maximum number of ministers from Scheduled Castes, Scheduled Tribes and OBC backgrounds.

Iran President Ebrahim Raisi dead after rescuers find 'no survivors' at helicopter crash site

Iran President Ebrahim Raisi dead after rescuers find 'no survivors' at helicopter crash site

Iran President Ebrahim Raisi on Monday was found dead after a chopper carrying him crashed on Sunday as it was crossing mountains terrain in heavy fog on the way back, according to Iranian state media. The Iranian Foreign Minister Hossein Amir-Abdollahian and other officials were also reportedly present in the chopper along with Raisi.

Earlier, the Iranian authorities intensified their search operation for the crashed helicopter carrying President Ebrahim Raisi.

Markets will have a strong run after June 4, says PM Narendra Modi

Markets will have a strong run after June 4, says PM Narendra Modi

Prime Minister Narendra Modi, in a television interview telecast on Sunday, said the stock market would have a strong run once the election results are out.

“You see, the day election results come out, and throughout that week, those who punch trades will get tired,” Modi said, responding to a question about whether the markets were displaying nervousness regarding the election outcome after pricing in the return of the incumbent government with a brute majority.

At least nine killed, 15 injured as bus catches fire in Haryana's Nuh

At least nine killed, 15 injured as bus catches fire in Haryana's Nuh

At least nine people were burnt alive and 15 injured when a moving bus caught fire near Tauru in Haryana's Nuh district in the early hours of Saturday, police said.

The incident occurred around 2 am on the Kundli-Manesar-Palwal (KMP) Expressway. The bus was carrying around 60 people, all residents of Punjab's Hoshiarpur and Ludhiana, who were returning from pilgrim towns of Mathura and Vrindavan. All of them are relatives, police said.

OYO withdraws DRHP, to refile its much-awaited IPO post refinancing

OYO withdraws DRHP, to refile its much-awaited IPO post refinancing

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to $450 million via sale of dollar bonds, sources said.

JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated interest rate of 9 to 10 per cent per annum, a source said.

Delhi's Najafgarh registers 47.4 degrees Celsius on Fri, hottest in country

Delhi's Najafgarh registers 47.4 degrees Celsius on Fri, hottest in country

The national capital on Saturday morning recorded a minimum temperature of 27.1 degrees Celsius, 0.6 notch above the season's average, according to the India Meteorological Department (IMD).

On Friday, Delhi witnessed 47.4 degrees Celsius in Najafgarh, making it the hottest place in the country.

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