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In the quarter ended March 31, 2024, the company’s workforce shrank by 1,757 employees. This decline comes amid a challenging business environment and cautious hiring strategies. Despite the quarterly fall, Tech Mahindra added 3,276 employees on a year-on-year basis, marking a 2.3 per cent increase. By the end of FY25, the company’s total headcount stood…
Pakistani actor Fawad Khan’s starrer ‘Abir Gulal’ will not be allowed to release in India in the wake of the Pahalgam terror attack, I&B Ministry (Information and Broadcasting) sources said on Thursday. The action comes in the wake of boycott calls for the film, which was Fawad Khan’s comeback vehicle in Hindi films. The film,…
India is emerging as a global clean energy leader, surpassing major economies in renewable capacity growth and investment. It is fully committed to building a cleaner, greener planet. India was the first among G20 nations to meet Paris Agreement commitments on green energy. While India continues to strengthen existing solutions, it also focuses on embracing…
Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. The Hyderabad-based company reported a net profit of Rs 76 crore for the same quarter of FY24. Revenue increased to Rs 1,720 crore for the fourth quarter as compared with Rs…
2025 MG Hector Launched: JSW MG Motor India on Thursday, April 24, announced that the Hector, India’s first Internet car, is now certified for E20 fuel (20% Ethanol blended) petrol. The E20 material compatible Hector will be available in 1.5 L Petrol MT and CVT variants. The company said this step aligns with the Government…
The NTPC Green Energy Ltd (NGEL) board will next week consider a proposal to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26. NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC. The board meeting is scheduled for April 29,…
An arm of Crisil Ratings said the operating profit margins are seen at 8 per cent, a widening of up to 0.60 per cent, when compared with the year-ago performance. The agency analysed over 400 companies accounting for over 50 per cent of NSE’s market capitalisation to arrive at its estimates. Some companies, especially in…
Union Home Minister Amit Shah and External Affairs Minister (EAM) S. Jaishankar on Thursday briefed President Droupadi Murmu on Pahalgam terror attack and the actions being taken by the government in its aftermath. The high-level update came amid a flurry of diplomatic activity at the Ministry of External Affairs (MEA) headquarters in South Block, where…
Pahalgam terror attack: Leading carriers Air India and IndiGo on Thursday announced that their international flights will take an alternative extended route, after Pakistan closed its airspace for India amid rising diplomatic tensions after the deadly Pahalgam terror attack in Jammu and Kashmir. Air India said that due to the announced restriction of Pakistan airspace…
Axis Bank Q4 FY25 Results: Private sector lender Axis Bank on Thursday reported a net profit of Rs 7,118 crore for the quarter ended March 31, almost unchanged from the corresponding period a year ago but slightly lower than analysts’ expectations. Its net interest income–or the difference between the interest earned and the interest paid–increased 5.5 per…
