New Delhi, December 17: Fitness startup Curefit's consolidated loss has increased by 42 per cent to Rs 888.5 crore in FY24 from Rs 625.5 crore in FY23. The company's EBITDA loss surged by 123.4 per cent to Rs 587.97 crore in FY24 from Rs 263.2 crore in FY23. The reason for the increase in the company's loss in the last financial year is the high cash burn. Curefit's advertising and promotion expenditure has increased by 40.67 per cent year-on-year (YoY) basis to Rs 188.5 crore in FY24 from Rs 1...Read More
Mumbai, December 17: Mumbai has achieved a significant milestone with the completion of its first cable-stayed road overbridge at Reay Road station. The bridge, which spans the city's rail lines, has six lanes and includes a dedicated pedestrian footpath. Construction of the bridge, which began on February 14, 2022, was completed in just two years, making it one of the fastest-built overbridges in the country. The project, led by the Maharashtra Rail Infrastructure Development Corporation (MRIDC...Read More
Thiruvananthapuram: SFI activists staged a protest against Governor Arif Mohammed Khan during his visit to the Kerala University campus for the inauguration of a three-day seminar organized by the Sanskrit Department. The protest involved sloganeering outside the Senate Hall and escalated into a clash with the police as they attempted to control the demonstration. Also Read: Kerala: Air India Express flight to Bahrain makes emergency landing in Kochi after tyre part found on runway The protest...Read More
Hyderabad, Dec 17 (Maxim News): Mild tension prevailed as family members and student organizations staged a protest in front of the private residential school, Hayathnagar, following the death of a Class VII student in the hostel room on the school campus on Tuesday. Click Here To Join Us On WhatsApp The protestors alleged harassment and negligence on the part of the teachers and management, which forced the boy to take the extreme step. They raised slogans against the school management and de...Read More
New Delhi: Wayanad MP Priyanka Gandhi on Tuesday criticised the One Nation, One Election bill, calling it an "Anti-Constitutional Bill" against the federalism of India. Gandhi reiterated Congress' current position of opposing the bill and said, "Anti-Constitutional Bill. It's against the federalism of our nation. We are opposing the Bill." RSP MP NK Premchandran Demands Withdrawal Of The Bill Additionally, Revolutionary Socialist Party MP NK Premchandran demanded to withdraw the bill. "The g...Read More
New Delhi, Dec 17 (PTI) Automaker Stellantis India on Tuesday said it will increase prices of Jeep and Citroen models by up to 2 per cent from January. The price increase is aimed at offsetting the impact of rising input costs and ensuring sustainable operations in line with the industry, the company said in a statement. "While the price revision is necessitated by increasing input costs and exchange rates, we stand steadfast in our commitment to continue to be focused on providing value, high...Read More
New Delhi, Dec 17 (PTI) Rohit Sharma and Virat Kohli are copping maximum criticism for being walking wickets during the ongoing Test series against Australia but even Shubman Gill, Yashasvi Jaiswal and Rishabh Pant haven't shown the patience needed to survive Down Under, indicating a larger problem. Patience is a virtue that one develops over time and Kohli had once showed how it's done during his golden phase between 2014 and 2019. KL Rahul, blessed with sound technique, has displayed that dur...Read More
Chennai, Dec 17 (UNI) The IIT-Madras on Tuesday announced that it has become the first IIT in the country to introduce 'Fine Arts and Culture Excellence' (FACE) admission to undergraduate programs from the academic year 2025 - 26. The objective of FACE admission is to reward and encourage students who have achieved excellence in fine arts and culture, IIT-Madras Rector Prof V Kamakoti told a media conference at the campus. Two seats per program will be allotted in all B.Tech. and B.S. prog...Read More
Chennai, Dec 17 (PTI) Agri-solutions provider Coromandel International Ltd has signed a strategic partnership with Krish-e, the farm equipment business vertical of Mahindra and Mahindra Ltd, to offer its drone spraying service 'Gromor Drive' to the farming community, a top company official said on Tuesday. The service is currently available in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, and Uttar Pradesh. Gromor Drive operations are supported by pilots trained...Read More
New Delhi, Dec 17 (PTI) Drug firm Granules India on Tuesday said its subsidiary has received approval from the US health regulator for a generic medication used to treat attention-deficit hyperactivity disorder. Granules Pharmaceuticals, Inc (GPI) has received approval from the US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Lisdexamfetamine Dimesylate chewable tablets, the drug firm said in a statement. The approved drug is available in multiple stren...Read More
Thiruvananthapuram, Dec 17 (PTI) CPI(M) MP and former Kerala Minister K Radhakrishnan on Tuesday attributed the non-availability of an ambulance to transport a tribal woman's body to a failure by lower-level officials and assured appropriate action against those responsible. Radhakrishnan said the state has "sufficient facilities and systems in place" to handle such situations, but incidents like this occur when officials fail allegedly to act promptly. "The state government will intervene eff...Read More
New Delhi, Dec 17 (PTI) Carraro India Ltd, the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, on Tuesday fixed a price band of Rs 668-774 per share of its Rs 1,250-crore initial public offering (IPO) that will open for subscription on December 20. The Pune-based company's initial share-sale will conclude on December 24 and the anchor bidding will open for a day on December 19, the company said. Carraro India's IPO is completely ...Read More
Mumbai, December 17: Australia's women's team faces a delicate balancing act as they prepare for the three-match ODI series against New Zealand, starting on Thursday at Wellington's Basin Reserve. Captain Alyssa Healy, recovering from a knee issue, has joined the squad but her participation in the series remains uncertain. With the tight schedule of three games in five days and the Ashes starting on January 12, the team's management is being cautious to ensure Healy's long-term fitness. Australi...Read More
New Delhi, Dec 17 (PTI) Congress MP Shashi Tharoor on Tuesday hit out at the government, saying voting at the introduction stage of two bills on simultaneous elections in the Lok Sabha showed the BJP did not have the two-third majority required to pass a constitutional amendment. Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday. Opposition parties dubbed the draft laws -- a Constitution amendment bill and an o...Read More
Mumbai, Dec 17 (PTI) The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the US dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is likely to remain under pressure due to concerns over slowdown in the economy and dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.89 and touched an all-time low of 84.93 ag...Read More
Bengaluru, Dec 17 (VOICE) Amid the rising influence of artificial intelligence (AI) in the workplace, 94 per cent of desk workers in Indians feel the urgency to master the advanced technology, according to a report on Tuesday.Slack's new Workforce Index showed that AI adoption is on the rise in India with 61 per cent of Indian desk workers using AI in their jobs and 80 per cent excited about the prospect of AI replacing some tasks. India's progress in AI adoption underscores the growing priorit...Read More
Hyderabad: Deputy Chief Minister Bhatti Vikramarka Mallu has said that people were giving their verdict once in six months against the BRS leaders for the blunders committed by them during their 10-year rule. In the general elections and in the Parliamentary elections held six months later, people did not even let the BRS candidates get their deposits, he recalled, stating that the BRS leaders have a feudal mindset and on what grounds would they privilege move against him, Bhatti questioned. W...Read More
New Delhi: Air India is set to overhaul its international operations by introducing a fleet of upgraded aircraft and adjusting flight schedules. As part of its ambitious five-year transformation plan, the airline will deploy retrofitted A320 neo aircraft, former Vistara A321 neo planes, and Boeing 787-9s on select routes. The airline will also optimise its flight schedules for services from Delhi to Paris and Frankfurt....Read More
New Delhi, Dec 17: Leading electronics company MSI on Tuesday announced the beginning of its India production with its first manufacturing facility now operational in Chennai. In line with the objective of the "Make in India" initiative, MSI will introduce Indian made versions of two of its popular models 'MSI Modern 14' and 'MSI Thin 15' laptops, the company said in a statement. "India has long been a key focus for MSI, and the country's growing demand for high-performance laptops has been int...Read More
NEW DELHI (AP) - A controversial legislation submitted by Prime Minister Narendra Modi´s government to change India's voting system failed to pass Tuesday in the country's lower house of Parliament. Law minister, Arjun Ram Meghwal, presented the legislation which proposed allowing elections for state assemblies and the national parliament to be held simultaneously. However, it was not approved as the vote fell short of the required two-thirds majority; only 269 lawmakers voted in favor of the p...Read More
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harn...Read More
New Delhi, December 17: Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. The automaker also became the first among Suzuki Motor Corporation's global automobile manufacturing facilities to reach this landmark. Of the 2 million vehicles, almost 60 per cent were manufactured in Haryana and 40 per cent in Gujarat. "The 2 million production milestone is a testament to India's manufacturing potential and our de...Read More
MUMBAI (Reuters): The Indian rupee weakened to its lifetime low on Tuesday, hurt by concerns about a widening trade deficit and likely outflows from local equities, although intervention by the central bank capped losses. The rupee hit a low of 84.93 against the US dollar, before closing at 84.8950, down 0.04% on the day. Benchmark Indian equity indexes BSE Sensex and Nifty 50, closed lower by over 1% each, dragged by weakness in financial stocks and Reliance Industries. Investor sentiment was...Read More
Gaya (Bihar) | Sri Lankan President Anura Kumara Dissanayake on Tuesday visited Bodh Gaya in Bihar's Gaya district and prayed at the Mahabodhi Temple, a UNESCO world heritage site. After arriving at Gaya International Airport, Dissanayake went straight to the 1,500-year-old Mahabodhi Temple, one of the four holy sites related to the life of the Lord Buddha, and particularly to the attainment of Enlightenment. The Sri Lankan president was received by Bihar ministers Prem Kumar and Santosh Kumar...Read More
New Delhi [India], December 17 (ANI): The fit India movement took a significant stride towards a healthier and greener India with the launch of the 'Fit India Cycling Drive' on Tuesday morning at the Major Dhyan Chand National Stadium in New Delhi, according to a release from the Ministry of Youth Affairs & Sports. The event was flagged off by Union Minister of Youth Affairs and Sports, Mansukh Mandaviya, in the presence of Minister of State for Youth Affairs and Sports, Raksha Nikhil Khadse, M...Read More
Nashik, December 17: Upset over his exclusion in the recent Cabinet expansion, senior NCP legislator and Samata Parishad founder, Chhagan Bhujbal on Tuesday slammed the party President and Maharashtra Deputy Chief Minister, Ajit Pawar and Working President Praful Patel and asked whether he was a "toy in their hands." Bhujbal, who is sulking over not getting a ministerial berth decided to skip the ongoing Winter Session of the House and reached Nashik on Tuesday. He met a large number of support...Read More
New Delhi [India], December 17 (ANI): Maruti Suzuki India Limited (MSIL), India's leading passenger vehicle manufacturer, has achieved an extraordinary milestone by producing two million vehicles in single calendar year. According to Maruti Suzuki, this feat makes Maruti Suzuki the first original equipment manufacturer (OEM) in India to reach this landmark and the first among Suzuki Motor Corporation's global facilities to achieve such a scale. Also Read | Maratha Quota Activist Manoj Jarange ...Read More
New Delhi [India], December 17 (ANI): The management committees of Thiruvambady and Paramekkavu Devaswoms, the two major participants of the famed 'Thrissur Pooram' have approached the Supreme Court challenging Kerala High Court's guidelines for the elephant parade. The management committee said that if the guidelines of High Court is implemented it will bring the two-century-old festival and a celebration of the state's rich heritage to a "grinding halt". Also Read | Bhojpur Shocker: 12-Year-...Read More
New Delhi, Dec 17 (UNI) The Opposition on Tuesday strongly opposed the introduction of the One Nation One Election Bill in the Lok Sabha, calling it as an attack on the Constitution and the federalism of the country and demanded that it must be withdrawn immediately. Objecting to the introduction of the Bill, Congress member Manish Tewari said, "The Bills moved by the Law and Justice Minister is assault on the basic structure of the Constitution and are beyond the legislative competence of this...Read More
Bodh Gaya/New Delhi, Dec 17 (UNI) Sri Lankan President Anura Kumara Dissanayake on Tuesday visited the Mahabodhi temple in Bodh Gaya and offered prayers. The MEA spokesperson said in a post on X: "A relationship rooted in civilizational and spiritual ties! President @anuradisanayake of Sri Lanka visited the Mahabodhi temple in Bodh Gaya to seek blessings and offer prayers. "Our shared values and common cultural heritage are the foundation and guiding force of our ever expanding partnership!"...Read More