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Titan Company gains 3% after December quarter jewelry sales meets estimates

Titan Company gains 3% after December quarter jewelry sales meets estimates

Shares of Titan Company climbed 3 per cent to Rs 1,170 on the BSE on Monday in early morning deals after the company’s jewelry sales for the December quarter (Q3FY20) came in line with guidance, while others segment disappointed. In comparison, the S&P BSE Sensex was down 1 per cent.

In the past eight trading days, the stock had underperformed the market by falling 6 per cent, as compared to a marginal 0.5 per cent decline in the benchmark index till Friday.

Qassem Soleimani killing: Iran vows 'severe revenge' after US attack

Qassem Soleimani killing: Iran vows 'severe revenge' after US attack

Iran warned of severe revenge and said arch-enemy the United States bore responsiblity for the consequences after killing one of its top commanders, Qasem Soleimani, in a strike Friday outside Baghdad airport.

The Islamic Revolutionary Guard Corps confirmed the commander of its Quds Force foreign operations arm had been killed by US forces in Baghdad, with Foreign Minister Mohammad Javad Zarif denouncing it as a dangerous escalation.

Online payment fraud: Man loses Rs 1 lakh during transactions on Paytm, Google Pay

Online payment fraud: Man loses Rs 1 lakh during transactions on Paytm, Google Pay

A Thane resident lost a little over Rs 1 lakh in an online fraud involving popular payment gateways, police said on Saturday. The complainant, a resident of Patlipada, wanted to sell his furniture and posted an ad on Facebook on December 21, an official said.

On December 24, he received a call from one Rajendra Sharma who offered to buy the furniture and wanted to transfer the amount through payment gateways — Paytm and Google Pay, he said.

Kota hospital infant death toll rises to 107, Lok Sabha Speaker Om Birla meets kin of deceased

Kota hospital infant death toll rises to 107, Lok Sabha Speaker Om Birla meets kin of deceased

The situation in Kota’s JK Lon Hospital, Rajasthan, continues to worsen as the death toll of infants has reached 107 on Saturday. The death toll climbed over a hundred since December last year at the hospital with seven deaths taking place in January 2020.

Lok Sabha Speaker & MP from Kota, Om Birla met the family members of one of the infants who died in JK Lon Hospital today.

Digital India: UPI transaction value crosses Rs 2 lakh crore in December

Digital India: UPI transaction value crosses Rs 2 lakh crore in December

The value of transactions made using the Unified Payments Interface (UPI) channel crossed Rs 2 lakh crore in December after falling marginally month-on-month in November. The UPI recorded 1.3 billion transactions in December worth Rs 2.02 lakh crore, up from 1.22 billion transactions worth Rs 1.89 lakh crore in the previous month.

According to data released by the National Payments Corporation of India (NPCI), its Bharat Interface for Money (BHIM) app was used for making 17.82 million transactions worth Rs 6,316.37 crore. In other words, the app now contributes a mere 1.37% to UPI usage in volume terms.

Apple CEO Tim Cook salary in Indian rupees: Just Rs 83 crore in 2019!

Apple CEO Tim Cook salary in Indian rupees: Just Rs 83 crore in 2019!

Apple CEO Tim Cook salary in Indian rupees: Apple chief Tim Cook saw his annual payslip to $11.6 million (approx 83,24,27,600 at current dollar to rupee rate) in 2019 after the company registered a weaker financial performance compared with the previous year, according to documents filed Friday. His current year’s salary was down by $4.1 million (approx Rs 29,42,20,100) from the previous year.

Cook, who took home $15.7 million (approx 1,12,66,47,700 at current dollar to rupee rate) in 2018, is paid a base salary of $3 million, in addition to a bonus and various compensations.

Jakarta floods: death toll rises to 53; nearly 1,75,000 displaced

Jakarta floods: death toll rises to 53; nearly 1,75,000 displaced

Nearly 1,75,000 people remain displaced in Indonesia’s capital Jakarta and nearby towns, after flash floods and landslides killed at least 53 people, amid some of the heaviest rain since records began, authorities said on Saturday.

The death toll has risen to 53 people, with one person missing, disaster mitigation agency spokesman Agus Wibowo said.

No need for further corporation tax cuts, says Abhijit Banerjee

No need for further corporation tax cuts, says Abhijit Banerjee

Ahead of the Union Budget, Nobel Laureate Abhijit Banerjee has opposed any further cut in corporation tax rates. He stressed the need to push demand to encourage investment by India Inc.

At an event in New Delhi, Banerjee said corporate houses in India were sitting on a pile of cash without investing it in the economy.

JNU administration warns of strict action after students disrupt semester registration process

JNU administration warns of strict action after students disrupt semester registration process

The Jawaharlal Nehru University (JNU) administration on Friday stated that it will take strict action against students who disrupted the semester registration process on Friday.

In a statement, the administration said that a group of students wearing 'masks on their faces' entered the Center for Information System in the Univesity, evicted the technical staff, switched off the power supply and 'made servers dysfunctional' to disrupt the registration process.

Lashkar-e-Taiba terrorist Nissar Dar arrested in J&K's Srinagar

Lashkar-e-Taiba terrorist Nissar Dar arrested in J&K's Srinagar

The security forces on Friday late night arrested Lashkar-e-Taiba terrorist Nissar Ahmed Dar from Srinagar. According to news reports, he was arrested by the Special Operations Group of the J&K Police from Shri Maharaja Hari Singh Hospital in the city.

Arms and ammunition were also recovered from his possession. Security forces are now interrogating him for more information about planned operations.

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