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HCL Tech Q1 results: Net profit for FY2025 upgrade 20.45%, revenue from operations up 6.69%

HCL Tech Q1 results: Net profit for FY2025 upgrade 20.45%, revenue from operations up 6.69%

HCL Tech Q1 results: HCL Technologies Ltd (HCLTech) on Friday, July 12, announced its Q1 results for the financial year 2024-25 with a 20.45 per cent rise in net profit at ₹3,534 crore as compared to ₹ An increase of Rs 4,257 crore was recorded also same quarter of last year.The company's revenue from operations increased by 6.69 per cent to ₹28,057 crore in Q1FY2025, compared to ₹26,296 crore in Q1FY2024. The results were better than market expectations as the company's net profit and revenue increased in the April to June quarter.“HCLTech delivered INR revenue jump of 6.7% YoY, which…
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Badrinath situation dire, pilgrims going to Badrinath trapped in the collapse

Badrinath situation dire, pilgrims going to Badrinath trapped in the collapse

Good news for families of Chardham passengers. Badrinath Highway finally opened on Thursday morning. More than 260 roads in Uttarakhand were blocked by landslides due to heavy rains. For almost 48 hours, hundreds of thousands of pilgrims were stranded due to heavy rains and landslides. This morning, the Border Roads Organization was able to remove the collapse and open the road after day and night efforts. At Chungidhar, near Joshimath, a section of Badrinath Highway has been cleared of debris, and a walking path has been created in some areas and a vehicular area in some places. This place has…
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Tripura’s three-tier panchayat polling scheduled for August 8 scross 2,650 stations

Tripura’s three-tier panchayat polling scheduled for August 8 scross 2,650 stations

The State Election Commissioner of Tripura, Saradindu Chowdhury, announced that the election for the three-tier Panchayat system in Tripura will take place on August 8 across 2,650 polling stations. Addressing a press conference, Chowdhury detailed the electoral arrangements and security measures ahead of the polls. Chowdhury stated that the current tenure of the three-tier Panchayat will conclude on August 4, with preparations already underway for the upcoming elections. He outlined the electoral structure, revealing a total of 6,370 seats distributed across 3,517 constituencies. This includes 606 Gram Panchayats, 35 Panchayat Samities with 423 constituencies, and 8 Zila Parishads encompassing 116…
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Smoking reduction may slow cognitive aging process

Smoking reduction may slow cognitive aging process

A recent study published in a leading scientific journal has highlighted compelling evidence linking smoking reduction to potential benefits in cognitive health. The research underscores the detrimental effects of smoking on cognitive function and emphasizes the advantages of cutting down or quitting smoking altogether. According to the study, which analyzed data from a large cohort of participants over several years, individuals who reduced their smoking habits showed slower rates of cognitive decline compared to those who continued smoking at higher levels. The findings suggest that even modest reductions in smoking frequency or intensity could yield significant cognitive benefits over time.…
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BMW to recall more than 390,000 vehicles in the US due to faulty airbag inflators

BMW to recall more than 390,000 vehicles in the US due to faulty airbag inflators

BMW of North America is recalls more than 390,000 vehicles in the US because they are equipped with airbag inflators that could detonate, potentially causing serious death or injury. The agency said the original steering wheel would have been replaced with a Sport or M-Sport steering wheel equipped with a Takata inflator. NHTSA said that if the inflator bursts, it could result in sharp metal fragments striking the driver or other occupants of the vehicle, resulting in serious injury or death.As per the latest report, BMW has not received any reports of any accidents or injuries in the US that…
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Financial inclusion index upsurge to 64.2 in March 2024

Financial inclusion index upsurge to 64.2 in March 2024

The Reserve Bank of India (RBI) on Wednesday said the Financial Inclusion Index (FI-Index), which reflects the extent of financial inclusion across the country, stood at 64.2 in March 2024, up from 60.1 in March 2023. The RBI said the improvement in the index was due to the growth seen in all sub-indices.The index aggregates information on different aspects of financial inclusion into a single value between 0 and 100, where 0 represents complete financial exclusion and 100 represents complete financial inclusion. The FI-Index comprises three broad parameters – access (35 per cent weighting in the index), utilization (45 per…
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Mizoram Minister apologizes to Myanmar refugees

Mizoram Minister apologizes to Myanmar refugees

Mizoram Home Minister K. Sapdanga has issued an apology to over 33,000 Myanmar refugees who have been sheltering in the state since February 2021, acknowledging the state's inability to meet all their needs due to limited resources. Addressing an event on Sunday night, Sapdanga expressed the deep connection between the people of Mizoram and the refugees, referring to them as brothers and sisters of the Mizos. Holding the Disaster Management portfolio, Sapdanga recounted his initial visit to the refugee camps along the Mizoram-Myanmar border and his interactions with the refugees. He shared his sorrow over the hardships faced by those…
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Market Recap: Motilal Oswal says Nifty Microcap 250 up 11.56% in June, Nifty 50 up 6.57%

Market Recap: Motilal Oswal says Nifty Microcap 250 up 11.56% in June, Nifty 50 up 6.57%

India's stock markets experienced a strong performance in June, driven mainly by smaller companies. Nifty Microcap 250 and Nifty Smallcap 250 indices were the top performers, registering notable monthly gains of 11.56% and 7.90% respectively, a report by brokerage firm Motilal Oswal said. The Nifty Microcap 250 index, which tracks the performance of the 250 smallest companies within the Nifty 500 universe, has been performing exceptionally well. Over the last three months, six months and one year, the index has shown an impressive growth rate of 21.51%, 23.48% and 75.24% respectively. The Nifty Smallcap 250 index, representing the next rung…
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Identity of fourth victim unknown in East Jaintia hills murders

Identity of fourth victim unknown in East Jaintia hills murders

Authorities in East Jaintia Hills, Meghalaya, have identified three of the four victims found brutally murdered in Umpleng. The latest identification confirms that one of the deceased is Rajesh Rai, a 26-year-old from Dharan Sunsari, Koshi Anchal, Nepal. Earlier identifications included Ravi Rai, 23, from Elam, Mechipradesh, Nepal, and Nasar Kyndait, 33, from Dkhiah East in East Jaintia Hills. However, the identity of the fourth victim remains undisclosed at this time. The shocking discovery unfolded on July 6th when laborers stumbled upon the bodies in a secluded area behind Umpleng market. All four men were discovered with their hands bound…
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BSF enhances border vigilance with AI cameras in Tripura

BSF enhances border vigilance with AI cameras in Tripura

The Border Security Force (BSF) has significantly enhanced security measures along the India-Bangladesh border in Tripura, deploying cutting-edge surveillance technologies like Artificial Intelligence (AI)-enabled cameras and facial recognition systems to curb infiltration and illegal activities. Patel Piyush Purushottam Das, Frontier Inspector General of BSF Tripura, announced the deployment of state-of-the-art AI-powered cameras along traditional patrolling routes to bolster border security."We have implemented advanced AI surveillance tools and facial recognition technology to enhance our vigilance," stated Das, highlighting the BSF's proactive stance in combating crimes and thwarting infiltration attempts. In addition to technological upgrades, the BSF has reinforced manpower in sensitive…
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