MUMBAI, India, Jan. 19, 2022 /PRNewswire/ -- Larsen & Toubro Infotech (BSE 540005) (NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY22 results today. In US Dollars: • Revenue at USD 553.0 million; growth of 8.7% QoQ and 29.3% YoY • Constant Currency Revenue growth of 9.2% QoQ and 30.1% [...]
Mumbai, Jan 20 (PTI) Equity benchmark Sensex dropped over 160 points in opening trade on Thursday, tracking losses in index-majors Infosys, HCL Tech and Reliance Industries amid persistent foreign fund outflows and a mixed trend in Asian peers. The BSE gauge was trading 164.47 points or 0.27 per cent lower at 59,934.35 in early trade. [...]
In an unusual development, all three independent directors on the board of PTC India Financial Services (PFS) on Wednesday resigned over corporate governance issues and other matters. The three independent directors who have resigned from the board with immediate effect are Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew T, according to a regulatory [...]
Chennai, Jan 19 (PTI): Tamil Nadu Chief Minister M K Stalin on Wednesday urged the Centre to avert a crisis gripping the powerlooms, apparel and home textile units in Tamil Nadu owing to the 11 per cent import duty on cotton and asked the government to control the rising price of cotton and yarn, and [...]
New York, Jan 19 (PTI) Travel plans for thousands of passengers, including those travelling to India, were disrupted after airlines cancelled or curtailed many flights to and from the US over aviation industry fears that 5G technology could interfere with aircraft's crucial navigation instruments.Several international airlines, including Air India, have announced that they will cancel [...]
New Delhi, Jan 19 (PTI) State-owned Power Finance Corporation on Wednesday said its arm PFC Consulting Ltd has transferred two wholly-owned subsidiaries to Adani Transmission Ltd for implementing power transmission projects. Adani Transmission had emerged as the successful bidder for these two transmission projects on January 18, according to a BSE filing. As per the [...]
New Delhi/Davos, Jan 19 (PTI) Calling for greater international cooperation to fight the COVID-19 pandemic, German Chancellor Olaf Scholz on Wednesday said the world may run out of Greek alphabet letters for new variants of the virus without a truly global immunisation campaign. In a special address at the World Economic Forum's online Davos Agenda [...]
Jaipur, Jan 19 (PTI) The Rajasthan government has decided to constitute the Rajasthan State Agro Industries Development Board, to increase the income of farmers. The Board will give suggestions regarding making concrete policy and its effective implementation to increase the income of farmers, according to an official statement. The decision was taken in the state [...]
New Delhi, Jan 19 (PTI) JSW Ispat Special Products Limited on Wednesday posted a consolidated net loss of Rs 28.24 crore for the December 2021 quarter.It had reported a net profit of Rs 29.49 crore in the year-ago quarter, the company said in a regulatory filing.Its total income, however, increased to Rs 1,476.46 crore during [...]
Newgen Software acquires Number Theory for over Rs 16 cr Mumbai, Jan 19 (PTI) Newgen Software, a leading provider of a unified digital transformation platform, has acquired Number Theory, which is an artificial intelligence/ machine learning (AI/ML) data science platform firm, for Rs 16.05 crore. This is a strategic acquisition and Newgen will make a [...]
