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Economy
Netflix loses 2 lakh paid subscribers in Q1, shares tank 20%
San Francisco: Streaming giant Netflix saw its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022 -- its first subscriber loss in over a decade.
Moreover, Netflix forecasts a!-->…
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Snapping 5-day losing streak, indices up in opening session
New Delhi: Breaking the five day losing streak, Indian benchmark equity indices rose on Wednesday primarily due to value buying.
In the past five sessions, the Sensex and Nifty declined almost 4 per cent.
High inflation amid rising!-->…
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Hijab not allowed during II PUC exams, says K’taka Minister
Bengaluru: Students wearing hijab will not be allowed to write the crucial annual II PUC examination in Karnataka, state Minister for Education B.C. Nagesh said on Tuesday.
"All students must follow rules on uniform, hijab cladding!-->…
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ACC’s consolidated net profit down 30% in Q1CY21 on YoY basis
Mumbai : Cement manufacturer ACC on Tuesday reported a decline of 30 per cent in its consolidated net profit for Q1CY22 on a year-on-year basis.
The company's consolidated net profit fell to Rs 396 crore from Rs 563 crore reported for!-->…
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Saree production in TN hit as weavers strike work
C00hennai : Production of traditional Tamil Nadu sarees at Sankarankoil has taken a hit after the power loom weavers commenced a 12-day strike on April 18.
The weavers are protesting the increase in cotton yarn prices.
Tamil Nadu Master!-->…
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Revenue collection up in Himachal by 19 pc despite pandemic
Shimla : The State Taxes and Excise Department on Tuesday said the revenue collection in 2021-22 under all heads was Rs 8,403.70 crore in Himachal Pradesh despite Covid-19, which is 19.30 per cent more than the revenue collection of Rs!-->…
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Jio Institute launches PGP courses, invites applications
Mumbai : The Jio Institute said on Tuesday that it has started inviting applications for its one-year full-time post-graduate programmes (PGP) in emerging areas of 'Artificial Intelligence and Data Science' and 'Digital Media and!-->…
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Jio launches new entertainment plans under JioFiber postpaid
New Delhi : India's largest telecom and broadband provider Jio on Tuesday launched new postpaid entertainment plans under the JioFiber postpaid category.
According to the company, the new plans will be made available to all users from!-->…
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LIC’s first year premium grew by 7.92 per cent in FY22
Chennai : Government owned and IPO bound Life Insurance Corporation of India (LIC) closed last fiscal with a total first year premium of Rs.198,759.85 crore.
According to LIC, last year earned a first year premium - premium from sale of!-->…
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India to replace China as 2nd largest SaaS nation by 2026
Bengaluru : The Indian software-as-a-service (SaaS) industry is likely to reach $100 billion in revenue by 2026, superseding China as the second largest SaaS nation in the world, a new report said on Tuesday.
The early SaaS companies!-->…
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