Xbox gamers were in for a shock in the past few hours as they were signed out of their Microsoft accounts, without being able to sing in or connect to different online games. Game downloading was also majorly affected under these circumstances due to the Microsoft outage that has been rampant across the world.
India is monitoring the violent student protests in Bangladesh against the government’s job quota system, resulting in 30 deaths and affecting institutions. Measures for 15,000 Indians, including 8,500 students, involve advisories and a 24x7 helpline. Randhir Jaiswal and local authorities provide regular updates and ensure safety.
The Paris Olympics 2024, starting on July 26, will feature an extraordinary Opening Ceremony along the River Seine. With 117 Indian athletes competing in 16 sports, fans can look forward to a packed schedule. Key events include hockey matches, badminton group stages, boxing prelims, and thrilling finals in athletics, tennis, and rowing. The Games will conclude with the Closing Ceremony on August 11, showcasing a month of global sporting excellence.
Breaking royal decorum, Sheikha Mahra, the daughter of Dubai's ruler, announced her divorce publicly on Instagram. She alluded to separation with a customary Islamic divorce vow, usually taken by men, sparking rumors and debate in the traditional Emirati community.
Heavy rains battered Gujarat's Porbandar, Junagadh, and Devbhumi Dwarka districts over a 36-hour period, with Porbandar taluka receiving 565 mm of rain, the highest in the state. The intense downpour caused significant waterlogging, disrupting traffic and causing road closures. Several low-lying areas experienced flooding, leading to some evacuations, though no fatalities have been reported. The India Meteorological Department predicts more heavy rains in the region over the next two days due to a cyclonic circulation.
In Friday's trading session, five stocks witnessed a long unwinding.
PVR Inox reported a net loss of Rs 179 crore for June 2024 quarter, down from Rs 82 crore in the same quarter of the previous year, with revenue at Rs 1,191 crore and an EBITDA loss of Rs 19.90 crore. Patron count was 3.04 crore with a average ticket price of Rs 235 and Rs 134 F&B spend per head. Elections were said to have caused a 13% drop in releases.
The world came to a standstill due to the Microsoft outage on Friday. How did it happen? Some people need to consider the role of aliens behind the outage. They argue that even the Pentagon is tracking 650 potential UFO sightings.
IFSCA has been added to the list of financial sector regulators to enable Credit Rating Agencies (CRAs) and ESG Rating Providers (ERPs) to undertake rating and ESG rating activities, respectively, at IFSC-GIFT City, Gujarat, Sebi said in separate circulars
Radhika, CEO, Edelweiss Mutual Fund also said, “If you are having an issue please write to @EdelweissMF and we will try to assist you over the phone. Apologies for this - truly a global outage this one is.”
Reliance Industries' Q1 profit dropped to Rs 15,138 crore, a 5% year-on-year and 20% quarter-on-quarter decline from March's Rs 18,951 crore. The O2C segment experienced a 14.3% EBITDA fall due to lower fuel and petrochemical margins. Petrol margins decreased by 30%, depreciation was Rs 13,596 crore, and finance costs rose despite telecom and retail gains.
Jamiat Ulema-e-Hind condemned Uttar Pradesh's order for eateries on Kanwar Yatra route to display owners' names. Maulana Mahmood Madani equated it with Dalit discrimination, warning it could empower anti-national forces and harm communal harmony. He urged immediate withdrawal to maintain unity, respecting religious teachings. Muzaffarnagar Police extended the directive statewide.
Pune's Sessions Court has granted interim protection from arrest until July 25 for Dilip Khedkar, father of probationary IAS officer Puja Khedkar, accused of threatening a person with a gun over a land dispute. Manorama Khedkar, his wife and Puja's mother, was arrested in the same case. Dilip Khedkar has moved for pre-arrest bail.
The Congress has criticized an order in Uttar Pradesh and Uttarakhand asking eateries along the Kanwar Yatra route to display their owners' names, calling it "mischief" and "bigotry". Priyanka Gandhi Vadra called the move an attack on the Constitution and demanded the order be withdrawn and strict action taken against the officials who issued it. Congress' media and publicity department head Pawan Khera called the orders "absolute mischief" and "nothing short of bigotry".
The Bairabi-Sairang railway line is 93% complete, targeting completion by July next year. Spanning 51.38 km and costing Rs 8,213.72 crore, it will boost Mizoram's economy and tourism. It comprises four stations, 55 major bridges, 87 minor bridges, and 32 tunnels, reducing Mizoram-Assam travel time. Sanctioned in 2008-09 and started in 2015, Governor Kambhampati reviewed the project.
Researchers at IIT Guwahati studied the biochemistry of the ASFV protein p30, revealing its role in virus attachment and evasion of immune defenses. The findings may contribute to the development of treatments and vaccines targeting viral infections.
Reliance Retail Ventures Limited (RRVL) reported an 18.9% annual increase in footfalls in Q1 of FY25, with 296 million compared to 272 million in Q4 FY24. The retail giant added 331 stores, bringing its total to 18,918 with an area under operation of 81.3 million square feet. The company posted an 8.1% increase in revenue and EBITDA, up by 10.5% YoY, due to increased footfalls and store expansion.
Formula E is discussing a potential return to India in 2026 after being dropped from the 2024 calendar. The all-electric racing series is eager to re-establish its presence in the Indian market and is exploring options for hosting the race in big cities.
The Union Public Service Commission (UPSC) has lodged a criminal case against Puja Khedkar, a probationary IAS officer, for allegedly falsifying her identity to obtain extra attempts in the civil services exam. Khedkar is accused of changing her name and other personal details to exceed the permissible number of attempts. The UPSC has filed an FIR and issued a show cause notice regarding her disqualification and debarment from future exams. The Delhi Police's Crime Branch is investigating the case... Читать дальше...
In some relief for the Democrats, Joe Biden may pull out of the US Presidential Election over this weekend. There has been a sense of panic in the party over Biden’s presidential nomination. Many of the top legislators have called on him to end his election campaign.
Sanjeev Krishan secures re-election as Chairperson of PwC in India, with over 400 partners voting. PwC's revenue surpasses $1 billion under Krishan's leadership, with a strong focus on growth and expansion. The firm's India revenues exceed Rs 9,000 crore and employee count nears 30,000. PwC intensifies domestic market focus and invests in advisory services and new units. The Big Four firms in India experience remarkable growth rates, surpassing China. Both local and global operations show significant impact on the industry.
Swiggy and Zomato have raised their platform fees to Rs 6 per order in Delhi and Bengaluru, marking a 20% increase. This fee hike, which affects all users regardless of membership plans, is anticipated to significantly boost the companies' revenues. The adjustment has already positively impacted Zomato's stock price. As these companies seek to balance revenue and cost management, consumers will face higher expenses for food deliveries.
The food delivery platform said the delivery partners can receive over Rs 40 crore in refunds by going live on the Zomato Delivery Partner app and filing income tax returns through it. According to Goyal, the company paid a total of more than Rs 4,000 crore to its delivery partners last year.
