Anand Rathi Wealth on Wednesday reported a 33 per cent jump in net profits in financial year (FY) 2023 to Rs 169 crore. Revenues surged 31 per cent to Rs 558 crore from Rs 425 crore in the previous FY.

For the quarter-ended March 2023, revenue was up 28 per cent year-on-year to Rs 146 crore. Profit after tax for the quarter rose 23 per cent to Rs 43 crore.

Tata Consultancy Services (TCS) said on Wednesday that interim CEO K Krithivsan will take over the charge of the company on June 1, 2023. Rajesh Gopinathan, the currency CEO and MD will continue to assist him in a smooth transition till end of September 2023.

Krithivasan during the media briefing said that his immediate focus will be to meet customers.

India recorded a single-day rise of 10,158 coronavirus cases, highest in nearly eight months, according to the Union Health Ministry data.

The number of active cases has increased to 44,998, the data updated on Thursday showed.

India had reported 7,830 coronavirus infections on Wednesday.

Elon Musk on Wednesday said that he bought the microblogging platform Twitter because he had to and running it has been "quite painful". In an interview with BBC, Musk said that since he bought the platform for $44 billion last year, advertisers have either come back or have said that they would.

Musk also said that when he took over the company, it had just under 8,000 employees, now they are down to 1,500. He said that firing people is "not fun at all" and, at times, can be "painful".

Four Army personnel of an artillery unit were killed in a firing incident at the Bathinda military station in Punjab on Wednesday morning, with the state police terming it as a case of "fratricide".

The Army said the incident took place at around 4:30 am and that it deployed quick reaction teams and cordoned off the area.

MRF Ltd has emerged as the second-strongest tyre brand in the world according to the latest report by Brand Finance on the 'Most Valuable and Strongest Tyre Brands' in the world.

MRF has scored high in almost all parameters and is also featured as the second fastest-growing tyre brand in the world. It has scored 83.2 out of 100 in brand strength and was awarded a AAA- brand rating.

Former Mahindra & Mahindra Chairman Keshub Mahindra passed away at the age of 99 on April 12, Pawan Goenka confirmend the news on his twitter handle.

Mahindra graduated from the Wharton, University of Pennsylvania and joined his father's company in 1947. At that time the Mahindras were manufacturing and selling utility vehicles. He was the chairman of the Mumbai-listed conglomerate from 1963 to 2012. Anand Mahindra, his nephew succeeded him after he retired from the job.

Nestle India on Wednesday announced an interim dividend of Rs 27 per equity share of Rs 10 each for the year 2023, the company said in a BSE filing.

The FMCG giant has fixed 21 April as the record date for determining the eligibility of shareholders for interim dividend payment.

“Unimaginable!” beamed Aam Aadmi Party (AAP) chief Arvind Kejriwal. “It is as if it was just yesterday, 10-and-a-half years ago, that we formed our party. At that time, no one even thought that the party would get one MLA. And today, in ten years, AAP has become a national party.”
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He went on: “There are 1,300 political parties in India. Of them, there are only six national parties; and of them, there are only three that have governments in one or more states. AAP is one of the three.”

Apple on Tuesday announced that it will open its doors to customers at two new retail locations in India from next week. The Apple BKC in Mumbai will be open to the public from April 18, and the Apple Saket in Delhi on April 20. These new retail locations mark a significant expansion in India that will offer great new ways to browse, discover, and buy Apple products with exceptional service and experiences for customers, said the company in a statement.

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