Govt has decided to withdraw the Canadian High Commissioner and other targeted diplomats and officials
The MEA statement reads, “It was underlined that in an atmosphere of extremism and violence, the Trudeau Government’s actions endangered their safety. We have no faith in the current Canadian Government’s commitment to ensure their security. Therefore, the Government of India has decided to withdraw the High Commissioner and other targeted diplomats and officials.”
Reliance Industries Q2 results:
The total income was marginally higher at Rs 2.4 trillion from Rs 2.38 trillion in July-September 2023.
Reliance Industries’ Q2 profit drops on weakness at its energy arm
Reliance Industries reported a drop in second-quarter profit on Monday, hurt by weakness at its mainstay oil-to-chemicals business. The Mukesh Ambani-led conglomerate posted a consolidated profit of Rs 16,563 crore ($1.97 billion) in the quarter ended Sep 30, compared with Rs 17,394 crore a year earlier. Analysts were, on average, expecting a profit of Rs 16,561 crore as per LSEG data.
HCLTech Q2FY25 results: HCLTech added 780 employees during the quarter, bringing the tally to 218,621
The Noida-headquartered firm has given a revenue growth guidance of 3.5-5.0 per cent year-on-year in constant currency.
Revenue growth has come with an improved profitability: HCLTech CFO Shiv Walia
“Revenue growth has come with an improved profitability. Our EBIT margins in Q2 rose to 18.6 per cent, up 149 bps sequentially. LTM Return on Invested Capital (ROIC) stands at solid 35.7 per cent at company level and 43.5 per cent at services, an expansion of 353 bps YoY and 403 bps YoY respectively,” said HCLTech CFO Shiv Walia.
LIVE: Retail inflation rises to 5.49% in September from 3.65% in August
Annual retail inflation accelerated to 5.49% in September from 3.65 per cent a month ago, government data showed on Monday. A Reuters poll of 48 economists had forecast retail inflation at 5.04 per cent.
HCLTech Q2FY25 net profit rises 10.5% to Rs 4,235 cr, revenue up 8.2%
IT services company HCL Technologies on Monday reported a 10.51 per cent rise in consolidated net profit to Rs 4,235 crore in the July-September quarter of the current financial year. It had reported a net profit of Rs 3,832 crore in the year-ago period. Revenue came in at Rs 28,862 crore during the reporting quarter, 8.21 per cent higher than Rs 26,672 crore in the year-ago period. HCLTech CEO & Managing Director C Vijayakumar said that the company’s pipeline is very strong, including data & AI, digital engineering, SAP migration and efficiency-led programmes.
Heavy rainfall expected in Chennai and coastal districts
On heavy rainfall warning, Scientist ‘G & Deputy Director General of Meteorology, Regional Meteorological Centre, Dr. S. Balachandran said, “…In 24 hours, heavy rainfall is expected in Chennai, Tiruvallur, Kancheepuram, and Chengalpattu districts. Heavy rainfall is expected in north coastal districts from Delta till Tiruvallur tomorrow. Fishermen were advised not to venture into the seas. Red alert issued includes both quantity of rainfall and impact…”
RG Kar Medical College & Hospital rape-murder case
Dr Abhik Ghosh, member of IMA Action Committee said, ” 6 Doctors’ Organisations had a meeting with Chief Secretary, from day one these senior doctors are standing by the side the of junior doctors in this fight…the main reason of this meeting is that, our doctors are on an indefinite strike since last 10 days, this situation must end. 4 of our doctors have been admitted to ICU and rest of those who are protesting are also in very bad shape…”
Hunt against drugs and narco trade will continue with no laxity: Home Minister Amit Shah
A day after seizure of cocaine worth Rs 5,000 crore in Gujarat, Union Home Minister Amit Shah said on Monday that the hunt against drugs and narco trade will continue with no laxity. Shah said the Modi government is committed to building a drug-free Bharat by protecting the youth from the scourge of drugs.
Delhi CM Atishi meets PM Modi
Delhi Chief Minister Atishi met Prime Minister Narendra Modi on Monday, first time after she took the oath of office last month, and hoped for “full cooperation” between the Centre and her government. “Called on Hon’ble Prime Minister @narendramodi ji today. I look forward to full cooperation between the Centre and the Delhi government for the welfare and progress of our capital,” Atishi said in a post on X.
