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HCL Tech falls 5% from day's high on profit booking post Q3 results

HCL Tech falls 5% from day's high on profit booking post Q3 results

Shares of HCL Technologies declined 5 per cent to Rs 586 from its early morning high on profit booking. The stock of the country’s third-largest information technology (IT) services firm hit a new high of Rs 619, up 3 per cent after it reported a better-than-expected 2.1 per cent quarter on quarter (QoQ) revenue growth in constant currency (CC) terms. Street had expected growth of around 1.5 per cent.

In the past one month, HCL Technologies has outperformed the market by gaining 8 per cent, as compared to 1 per cent rise in the S&P BSE Sensex.

Nirbhaya case: SC to hear curative petitions by two convicts on Jan 14

Nirbhaya case: SC to hear curative petitions by two convicts on Jan 14

A five-judge bench of the Supreme Court will hear on January 14 curative petitions of two of the four death-row convicts in the Nirbhaya case.

A bench of Justices N V Ramana, Arun Mishra, R F Nariman, R Banumathi and Ashok Bhushan will hear the curative petitions filed by Vinay Sharma and Mukesh at 1.45 pm.

Goa police arrests 8 people with demonetised currency worth Rs 1.5 crore

Goa police arrests 8 people with demonetised currency worth Rs 1.5 crore

Eight persons were arrested for allegedly possessing demonetised currency notes worth Rs 1.5 crore, Goa police said on Saturday.

The demonetised currency was seized during a routine search of vehicles at the Pollem border check post in South Goa on Friday, deputy superintendent of police (Canacona) Kiran Paudwal.

Illegal apartment complex in Kerala demolished; SC order implemented

Illegal apartment complex in Kerala demolished; SC order implemented

A high rise apartment complex was brought down through controlled implosion method as authorities began implementing a Supreme Court order to demolish four illegal water-front structures in Maradu municipality here on Saturday.

The residential complex was demolished at 11.18 am.

The 60-meter high 19-storey building, known as "Holy Faith H20, was levelled in seconds in a spectacular implosion.

Panasonic Life to invest Rs 600 crore for electrical equipment near Chennai

Panasonic Life to invest Rs 600 crore for electrical equipment near Chennai

Panasonic Life Solutions will invest Rs 600 crore in India, initially spending Rs 294.7 crore to set up an electrical equipment and wiring manufacturing plant in SriCity near Chennai.

The plant will start work by October 2021, becoming Panasonic’s eighth electrical equipment production base in India after facilities in north and west India.

Centre notifies Citizenship Act amid protests; SC to hear pleas on Jan 22

Centre notifies Citizenship Act amid protests; SC to hear pleas on Jan 22

The Centre notified the Citizenship Amendment Act (CAA) on Friday. The notification comes nearly a month after Parliament passed it on December 11, and in the wake of sustained anti-CAA protests. The Supreme Court is set to hear petitions challenging the constitutionality of the law on January 22.

The Centre, by notifying the law, has indicated its resolve to implement it even as lawyers and retired judges, Opposition parties, activists, students and retired bureaucrats have criticised it as unconstitutional as it discriminates on the basis of religion.

Experts hail SC judgement on internet access in Jammu and Kashmir

Experts hail SC judgement on internet access in Jammu and Kashmir

The Supreme Court’s judgment on Friday asked authorities to review the suspension of Internet services in Kashmir within seven days was seen by experts as a small step in reducing the government's indiscriminate shutting down of internet access.

The court had held that complete suspension of services should be considered only if necessary and unavoidable.

Renault sales up 7.9% to 88,869 units in 2019, market share at 5.1% in Dec

Renault sales up 7.9% to 88,869 units in 2019, market share at 5.1% in Dec

French car maker Renault's India unit has reported 7.9 per cent sales growth in 2019, gaining business with the new models of Triber, Kwid and Duster.

Company's domestic sales stood at 88,869 units in 2019 as against 82,368 in 2018, a growth of 7.9% from year-ago.

20 feared dead as bus catches fire after hitting truck in Kannauj

20 feared dead as bus catches fire after hitting truck in Kannauj

As many as twenty people are feared dead after a double-decker bus carrying at least 45 passengers collided with a truck at Dewar Marg in Kannauj district late on Friday and went up in flames.

A bus travelling from Kannauj to Jaipur collided with a truck at Dewar Marg in Kannauj, following which both went up in flames. Locals rushed to the spot and rescued several people from the bus, Inspector General of Police, Kanpur, Mohit Agarwal said on Saturday.

Railways claims it lost Rs 84 cr due to anti-CAA protests in West Bengal

Railways claims it lost Rs 84 cr due to anti-CAA protests in West Bengal

The Railways claimed to have suffered losses of properties worth Rs 84 crore in violence related to protests against CAA and NRC in West Bengal from December 13 to 15, according to reports filed by it before the Calcutta High Court.

The Eastern Railway said in an affidavit before a division bench comprising Chief Justice TBN Radhakrishnan and Justice A Banerjee on Friday that it suffered the brunt of the protests with losses amounting to Rs 72.2 crore, with the maximum being in the Sealdah division, which suffered damages worth Rs 46 crore.

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