Burglars strike at jewellery shop in Perambur
Burglars struck at a jewellery house in Paper Mills Road, Perambur and decamped with nine kilograms of gold.
Cong, some Oppn MPs stage walkout from RS
The Congress and some other opposition MPs in Rajya Sabha staged a walkout on Friday after Leader of Opposition Mallikarjun Kharge was not allowed to speak in the House.
At least 21,051 killed in deadly Turkey-Syria earthquake
The death toll in the deadly Turkey-Syria earthquakes has climbed to at least 21,051 CNN reported citing authorities …
Disney to lay off 7K employees to cut costs: CEO
Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced. During the company’s earnings call for its December quarter, he said the move is “necessary to address the challenges we’re facing today”.
Fintech firm Affirm lays off 19% of workforce
US-based financial technology company Affirm has laid off 19 per cent of its workforce, the company announced in its second-quarter earnings report. “We are reducing the size of our team by 19 per cent. This was the single most difficult decision
Hindalco PAT drops 63 pc in December quarter
Hindalco Industries, the Aditya Birla Group metals flagship, on Thursday posted a 62.9 per cent decline in consolidated profit after tax at Rs 1,362 crore for the quarter ended December 31, 2022 mainly due to elevated input costs, unfavourable macros and inflationary impacts.
Indian Overseas Bank Q3 profit rises 22 pc to Rs 555 cr
Indian Overseas Bank (IOB) on Thursday reported a 22 per cent growth in its profit at Rs 555 crore in the quarter ended December 2022 due to an increase in interest income and improved asset quality. The Chennai-based bank had posted a net profit of Rs 454 crore in the same quarter a year ago.
