by PTI News | May 6, 2022 | 10:49 pm | News
Colombo, May 6 (PTI) Sri Lankan President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight, according to the presidential media division. The state of emergency gives the police and the security forces power to arbitrarily arrest and detain people. Rajapaksa’s decision was to ensure public security and maintain essential services so [...]
by PTI News | May 6, 2022 | 10:12 pm | Company Results, News
New Delhi, May 6 (PTI) Reliance Retail Ltd on Friday posted a 2.43 per cent rise in pre-tax profit at Rs 3,705 crore for the fourth quarter ended March 2022 and its gross revenue for the full fiscal jumped to nearly Rs 2 lakh crore. The retail arm of Reliance Industries Ltd (RIL) saw its [...]
by PTI News | May 6, 2022 | 9:57 pm | Economy, News
New Delhi, May 6 (PTI) There are huge opportunities for increasing cooperation in areas like tourism, design, digital world, services, goods and education between India and Italy to boost economic ties, commerce and industry minister Piyush Goyal said on Friday. He said that the large size of the domestic market, availability of talent pool and [...]
by PTI News | May 6, 2022 | 9:52 pm | Economy, News
Mumbai, May 6 (PTI) The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal [...]
by PTI News | May 6, 2022 | 9:49 pm | Company Results, News
New Delhi, May 6 (PTI) India's largest telecom operator Reliance Jio on Friday posted an about 24 per cent jump in standalone net profit at Rs 4,173 crore for the fourth quarter ended March 2022, amid better realisation per user aided by tariff hike, better subscriber mix and FTTH services ramp-up. The standalone revenue from [...]
by PTI News | May 6, 2022 | 9:28 pm | News
New Delhi, May 6 (PTI) Tata group hospitality firm Indian Hotels Company (IHCL) on Friday said it aims to raise women's participation in its workforce to 25 per cent by 2025, and support women-led businesses and partners. The company, which launched 'She Remains the Taj' -- a framework for women-centric initiatives for all stakeholders, including guests, [...]
by PTI News | May 6, 2022 | 9:23 pm | News
Ahmedabad, May 6 (PTI) Six workers sustained injuries in a fire that broke out at agro-chemical major UPL Ltd's manufacturing facility at Ankleshwar in Gujarat on Friday morning, a senior police official said.Two labourers who received severe burns were airlifted to a hospital in Mumbai for further treatment, said Bharuch district Superintendent of Police Leena [...]
by PTI News | May 6, 2022 | 9:20 pm | Company Results, News
New Delhi, May 6 (PTI) India's largest telecom operator Reliance Jio on Friday posted about a 24 per cent jump in standalone net profit to Rs 4,173 crore for the fourth quarter ended March 2022, amid better realisation per user aided by tariff hike, better subscriber mix and FTTH services ramp-up.The standalone revenue from operations [...]
by PTI News | May 6, 2022 | 9:01 pm | Company Results, News
New Delhi, May 6 (PTI) Reliance Retail Ltd on Friday reported a 2.43 per cent increase in pre-tax profit to Rs 3,705 crore for the fourth quarter ended March 2022. The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal. The retail arm of Reliance Industries Ltd (RIL) had posted a [...]
by PTI News | May 6, 2022 | 8:54 pm | Commodities, Economy, News
Colombo, May 6 (PTI) Sri Lankan student activists on Friday warned to lay a siege to Parliament as trade unions launched a crippling island-wide strike to demand the resignation of President Gotabaya Rajapaksa and his government over their inability to tackle the economic meltdown which has caused unprecedented hardships to the public. Thousands of student [...]
