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Q3 earnings growth muted as IT weighs, banks lend support

Q3 earnings growth muted as IT weighs, banks lend support

Synopsis December quarter results show mid-single digit net profit growth, primarily due to weak IT sector performance. Banking and finance companies, however, posted double-digit profit growth, supporting overall numbers. IT firms faced a profit decline, impacted by delayed client decisions and a shift towards AI projects. ETMarkets.com These companies contributed 50% to the sample’s net

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Excise minister should resign over Rs 3k-crore licence corruption: BJP

Excise minister should resign over Rs 3k-crore licence corruption: BJP

Bengaluru: Opposition leaders in the legislative assembly and council, R Ashoka and Chalavadi Narayanaswamy, Sunday alleged a Rs 3,000-crore scam in the excise department, citing a recent Lokayukta raid and accused the govt of collecting bribes to renew liquor licences and issue new permits. While addressing reporters, Ashoka released an audio clip purportedly featuring a

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Remarks at Ballari rally prove BJP’s contempt for democracy: Siddaramaiah

Remarks at Ballari rally prove BJP’s contempt for democracy: Siddaramaiah

Mysuru: Chief minister Siddaramaiah Sunday heavily criticised principal opposition party BJP, saying abusive remarks by former ministers B Sreeramulu and G Janardhana Reddy against Congress functionaries “reflected BJP’s political culture”. BJP functionaries had purportedly made the remarks during a protest in Ballari. Recalling an incident during Lok Sabha elections, Siddaramaiah said he was prevented from

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Approval for matches at M Chinnaswamy hinges on another inspection: Parameshwara

Approval for matches at M Chinnaswamy hinges on another inspection: Parameshwara

Bengaluru: Home minister G Parameshwara Sunday reiterated that the M Chinnaswamy Stadium can resume hosting domestic and international cricket matches only if it fulfils safety measures and implements recommendations set out in the Justice John Michael D’Cunha report. The iconic Test match venue has remained shut to cricket since June 4 last year, after a

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Drone strikes cut power to over 200,000 homes in Russian-occupied Ukraine

Drone strikes cut power to over 200,000 homes in Russian-occupied Ukraine

Synopsis Russian attacks have crippled Ukraine’s energy infrastructure, leaving many without power. Ukrainian officials report casualties from these strikes. Meanwhile, Ukraine is engaged in talks with the United States, seeking support for a peace settlement. These discussions aim to finalize proposals for postwar security and economic recovery. Drones also struck Russian territory, causing injuries and

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Cattle Mafia’s Balasore Link Under Scanner

Cattle Mafia’s Balasore Link Under Scanner

Cattle Mafia’s Balasore Link Under Scanner Balasore #CattleSmuggling#CattleMafia#OdishaPolice#Jharpokharia#Mayurbhanj#WestBengalBorder#CrimeCrackdown#SadarPolice#OdishaCrime#PoliceRaid#OTV#OdishaTV#OdiaNews#OTVNews ——————————————————————————————————— OdishaTV is Odisha’s no 1 News Channel. OTV being the first private satellite TV channel in Odisha carries the onus of charting a course that behoves its pioneering efforts. Accordingly its charter objectives are FREE, FAIR and UNBIASED. OTV delivers reliable information across all platforms: TV

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Special Forces commando killed in action in J&K’s Kishtwar; hunt for Jaish terrorists intensifies

Special Forces commando killed in action in J&K’s Kishtwar; hunt for Jaish terrorists intensifies

A Special Forces commando was killed in action during an encounter with Jaish-e-Mohammad (JeM) terrorists in the remote Singpura area of Kishtwar district, the Indian Army confirmed on Monday. Special Forces commando Havildar Gajendra Singh of Uttarakhand was killed in action during an encounter with Jaish-e-Mohammad terrorists in the Singpura area of Kishtwar district, the

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