Shares of Indian IT companies such as Tech Mahindra, HCL Technologies and other large and midcap peers fell as much as 5% on Thursday, May 14, extending their losing streak to a fourth straight session even as the broader market traded higher. Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined…
DHAKA: Prime Minister Tarique Rahman-led BNP in Bangladesh on Saturday said future Bangladesh-India relations would largely depend on renewal or conclusion of the Ganges water-sharing agreement, stressing that a short-term deal would be insufficient.“This treaty must be indefinite and remain effective until replaced by a future agreement,” said BNP secretary general and local govt, rural…
NEW DELHI: Days after more than doubling the customs duty, govt on Saturday moved in to restrict the import of certain types of silver as part of its strategy to reduce surging shipments of bullion.In a notification, the directorate general of foreign trade moved silver bars containing 99% or more of the metal as well…
The Jannik Sinner vs Casper Ruud Italian Open final could be delayed, briefly – just like the women’s singles final (Coco Gauff vs Elina Svitolina). This is because of the persistent rain in Rome over the weekend. Sinner booked his place in the final after overcoming Daniil Medvedev 6-2, 5-7, 6-4 in a rain-affected semifinal…
Shares of Hindustan Aeronautics Ltd. (HAL) gained as much as 4% on Thursday, May 14, but soon came off the day’s high in response to its March quarter results. For the March quarter, HAL reported a net profit of ₹4,184 crore, higher than the CNBC-TV18 poll of ₹3,198 crore. Earnings Before Interest, Tax, Depreciation and…
CHENNAI: Former chief minister M K Stalin on Saturday announced the constitution of a 38-member committee to travel across all 234 constituencies and conduct a field-level assessment of the reason for DMK’s electoral debacle in the recently concluded assembly election. He directed committee members to document criticisms levelled against him by party functionaries.Stalin held a…
Mumbai: Justifying the Badminton World Federation’s call that ruffled feathers, its secretary general Thomas Lund told AFP it was important that “these evolutions and innovations are done”. File picture of India No.1 badminton player, Lakshya Sen. The sport will switch to a race-to-15 scoring system from January. (Deepak Gupta/HT Photo) Over the last couple of…
The Nifty 50 index recovered as much as 350 points from the lows of the day in a span of 60 minutes, marking a complete U-Turn from the first two hours of the trading session, when every recovery kept getting sold into. The Recovery Trigger According to a Bloomberg report, India is considering a significant…
THIRUVANANTHAPURAM: The Congress party is close to finalising its key ministers after consultations and reconciliation efforts. CM-designate V D Satheesan, who will assume office on May 18, said he would submit the complete list of the cabinet to the governor on Sunday.Satheesan’s efforts to persuade Ramesh Chennithala to join govt have succeeded in the second…
Bob Baffert is absent from the Preakness Stakes field for the first time since 2022 after deciding to pull promising colt Crude Velocity from the race despite strong betting support and growing Triple Crown buzz. The veteran trainer, who owns eight Preakness victories and previously guided American Pharoah and Justify to Triple Crown glory, opted…
