editor - The Purbottar

17 Jul

Tech Mahindra Q1 results: Consolidated net profit upgrade 34% y-o-y to ₹1,141 crore; revenue up 2.7%

editorBusiness, News

Tech Mahindra on Wednesday, July 16 announced that its consolidated net profit rose 34% y-o-y to ₹1,140.6 crore in Q1 FY26 from ₹851.5 crore in the same period last year. The Pune-based company's operating revenue stood at ₹13,351 crore in the quarter under review, up 2.7% y-o-y to ₹11,263.7 crore from ₹13,005 crore in the June quarter of FY25. In Q1 FY26, Tech Mahindra generated revenues of ₹11,263.7 crore from its IT segment, up 3.55% from ₹10,878 crore in the same period last year. However, revenues from its business process services (BPS) declined 1.88% to ₹2,087.5 crore from ₹2,127.5 crore…

17 Jul

Dibrugarh DC holds Independence Day preparatory meet, stresses cleanliness and participation

editorAssam

On July 16, in the District Commissioner's conference room, District Commissioner (DC) Bikram Kairi presided over a preparatory meeting for the 79th Independence Day celebrations in the Dibrugarh district. The DC reviewed departmental responsibilities and asked all officials to guarantee smooth execution of assigned duties in the meeting in order to make the celebration a huge success. In accordance with the official protocols and schedules, he also ordered that the national flag be raised at government buildings, schools, organizations, companies, and even private homes. Prior to the event, the DC emphasized cleanliness and asked for extensive campaigns throughout the Dibrugarh…

16 Jul

Ashok Leyland shares downgrade after 1:1 ex-bonus issue

editorBusiness, News

Shares of Chennai-based commercial vehicle maker Ashok Leyland fell by 2.11% to a low of ₹122.80 on the BSE. Ashok Leyland shares also fell by 2.15% to a low of ₹122.70 on the National Stock Exchange. The stock began trading at 1:1 ex-bonus issue rate from Wednesday, July 16. Ashok Leyland's board had announced the bonus issue of shares while announcing its fourth quarter results on May 23. The company had reported a net profit of ₹1,246 crore in the January-March quarter, up 38% from ₹900 crore in the same period last year. Ashok Leyland's operating revenue grew 6% to…

15 Jul

Lepcha seeks support for modern tea processing unit in Sikkim’s Nathang-Machong region

editorSikkim

D.T. Lepcha, a member of the Rajya Sabha from Sikkim, has reiterated his call for the resuscitation of the ancient trade route between India and Tibet via the Nathula Pass. Dr. Lepcha met with Aishwarya Singh, Joint Secretary in the Department of Commerce, today at Udyog Bhawan in New Delhi, to stress the economic and strategic significance of reopening the trade channel. Dr. Lepcha emphasized Sikkim's special status as a border state and stated that resuming trade through Nathula will strengthen regional ties, assist India's Act East Policy, and improve local economies. "There is historical significance to the Indo-Tibet trade…

15 Jul

HCLTech’s Q1 profit downturn, revenue rises

editorBusiness, News

New Delhi, HCLTech on Monday said its consolidated net profit declined 9.7 percent to Rs 3,843 crore in the April-June quarter of the current fiscal. The IT services company has projected revenue growth of 3-5 percent for FY26. According to regulatory filings, HCLTech had reported a net profit (attributable to the company's owners) of Rs 4,257 crore in the same period a year ago. Revenue from operations grew 8.1 percent to Rs 30,349 crore in the quarter under review, as against Rs 28,057 crore in the first quarter of FY25. Sequentially, profit declined 10.7 percent, while revenue grew marginally by…

14 Jul

India’s retail inflation downgrade to 2.1% in June, the lowest since January 2019

editorBusiness, News

India's retail inflation fell to 2.10% in June, the lowest year-on-year rise in consumer prices since January 2019, according to official data on Monday. Core inflation, measured by the all-India Consumer Price Index (CPI), recorded a sharp fall of 72 basis points from May's 2.82%. This fall marks the longest period in nearly six years when inflation has remained below the Reserve Bank of India's medium-term target of 4%. The central bank has not allowed inflation to rise below 2% or above 6% for three consecutive quarters. Food inflation has slipped into negative territory, with the Consumer Food Price Index…

12 Jul

Luxury home sales upgrade in Delhi-NCR

editorBusiness, News

New Delhi, According to a report by CBRE and Assocham, 3,960 luxury homes were sold in Delhi-NCR during the January-June period, each priced at Rs 6 crore or more, a more than three-fold increase on a year-on-year basis. 1,280 units were sold in Delhi-NCR in the same period a year ago. "The luxury housing segment recorded an 85 per cent year-on-year growth in sales in January-June 2025, with nearly 7,000 units sold across the top seven cities," the report said. In Mumbai and Delhi-NCR, the consultant has considered homes priced at Rs 6 crore or more as the luxury segment.…

12 Jul

Nagaon and Hojai mark World population day with youth-focused awareness programs

editorAssam

The districts of Nagaon and Hojai commemorated World Population Day. Mera Yuva Bharat, a youth organization under the Ministry of Youth Affairs and Sports, Government of India, arranged a celebration in the Hojai district in cooperation with Kolong Valley Bahumukhi Unnayan Samiti and Sonali Udyog Samiti under the Udali Development Block. Additionally, events were hosted at the Moinapur Bazar Natya Chora in the Hojai district and the Sadou Asom Gramya Puthibharal Sangstha's auditorium in Nagaon. The purpose of the activities was to enable youth to make knowledgeable choices on family planning and reproductive health. In addition to a discussion session…

11 Jul

Aluminium futures prices upgrade on new deals

editorBusiness, News

New Delhi, Aluminium prices rose marginally to Rs 250.90 per kg in futures trade on Friday as speculators created new deals amid positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for August delivery rose 5 paise or 0.02 per cent to Rs 250.90 per kg in a business turnover of 1,202 lots. Analysts said buying of new deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

11 Jul

‘KD – The Devil’ teaser launched in Mumbai; Dutt shares affection for the team

editorEntertainment

Actor Sanjay Dutt, who has recently participated in several pan-India projects, is preparing for a busy 2025 with more than three high-profile films in the works. Two of these, "The Raja Saab," starring Prabhas, and "Dhurandhar," featuring Ranveer Singh, are slated to debut in theaters on the same day. The actor voiced his concern when asked about the possible box office conflict, saying he hopes the movies don't come out on the same day. Dutt talked about the possible box office conflict between the two films during the trailer premiere event for his next Kannada movie, "KD – The Devil."…