Browsing: India

Goldman Sachs has a neutral rating on ITC with the target price maintained at Rs 330. Analysts said the company’s Jan-March quarter (Q4FY26) earnings numbers are not comparable on a yearly basis (YoY) due to cigarette tax structure change. They expected peak earnings impact from cigarette tax hike in Q1FY27. They estimate cigarette volume decline of about 8% and earnings before interest and taxes (EBIT) decline of about 17% in FY27. FMCG business growth accelerated to 15% YoY while earnings before interest, taxes, depreciation and amortisation (EBITDA) margin improved 200 basis points (100 basis points or bps = 1 percentage…

Bijendra (victim; L), CCTV footage (R) NEW DELHI: A 60-year-old security guard was killed after being run over by a vehicle in West Delhi’s Peeragarhi early on Sunday. The police initiated a murder investigation after CCTV footage revealed that the elderly man was run over twice by the same car before the driver fled the scene.The elderly man, identified as Bijender, was intentionally mowed down following an argument near a tempo parking stand where he worked as a chowkidar at night.Police received a PCR call regarding a fatal accident at Paschim Vihar West police station around 4.03am on Sunday. The…

Hyderabad: Telangana Congress disciplinary action committee chairman and MP Mallu Ravi on Sunday called on party leaders and cadre in the Palakurthi assembly constituency to work together to strengthen the party and resolve internal differences amicably.Addressing a media conference at Gandhi Bhavan, he said TPCC vice president H Jhansi Reddy appeared before the disciplinary action committee regarding recent disputes in the constituency during the municipal elections. Palakurthi MLA M Yashaswini Reddy could not attend the meeting as she was abroad.Congress logo“We have asked both Jhansi Reddy and Yashaswini Reddy to appear before the disciplinary committee again on May 30 after…

Ahmedabad: A senior citizen was detained by city police on Friday after an 11-year-old girl was allegedly molested. The girl’s mother had approached the Abhayam 181 women helpline.“The caller informed us that her daughter was profusely crying after being molested. A team immediately reached the residence along with a police team. The girl was counselled and questioned, when she told us she had gone to a nearby shop to buy some snacks in the afternoon. While returning home, a man aged around 70 years called her,” said a counsellor.The man allegedly pulled the girl inside his house and molested her.…

An electric four-wheeler of Pune MP Murlidhar Mohol on the city street Pune: The fuel price hike, coupled with the calls for austerity measures, is expected to trigger a major boost in electric vehicle (EV) sales, particularly two-wheelers, dealers and experts have said.The Pune RTO has already seen the trend, with over 13,000 EVs registered between Feb and early May. Sachin Mahajan, president of the Maharashtra chapter of the Federation of Automobile Dealers Associations (Fada), said registrations were likely to surpass previous years’ numbers despite infrastructure challenges.“The registration of electric two-wheelers would definitely spiral up. However, the thing with two-wheelers…

Panaji: Every year, by mid-May, as summer enters its last leg, the reservoirs in the state start showing signs of rejuvenation, as heavy pre-monsoon showers begin pounding Goa. However, this year, even as the pre-monsoon showers have begun, the reservoirs have not yet shown signs of rejuvenation.Water resources minister Subhash Shirodkar said that the storage in the reservoirs is sufficient to meet the state’s requirement until mid-June, in case the arrival of the monsoon is delayed.Meanwhile, Goa has begun witnessing its strongest pre-monsoon activity of the season only over the last few days. This has kept the water levels in…

Chandigarh: Govt schools in Chandigarh went on summer vacation on May 23, nearly two months after the academic session began on April 1, leaving behind an academic term marked by unresolved issues ranging from missing Class IX textbooks and disruption in skill classes to uncertainty over contractual staff central to student support systems.While classrooms closed for the break, concerns that marked the opening weeks of the session remain largely unsettled in the govt school system. Class IX students are yet to receive hard copies of revised NCERT textbooks, vocational education classes were disrupted due to delays in the renewal of…

Lucknow: A joint team of the Wildlife Crime Control Bureau, Uttar Pradesh Forest Department and Special Task Force raided Lucknow’s Nakkhas market on Sunday and arrested seven people for allegedly trading in protected bird species.The surprise operation led to the recovery of hundreds of birds, including protected native species and exotic birds, officials said. Authorities stated that the seized birds fall under categories protected by the Wildlife Protection Act, 1972, under which hunting, possession and trade are punishable offences.Officials said one of the accused, Kailash, son of Barati Lal and a resident of Ghantabeg Garhiya under Saadatganj police station limits,…

Image used for representation Patna: A knife attack on a minor boy after he resisted a mobile phone snatching attempt has sparked outrage in Patna after a video of the incident surfaced on Sunday. The assault took place on May 13 under Phulwarisharif police station area near the Sipara overbridge.According to police, a minor boy and his ‘girlfriend’ were eating momos at a roadside stall when a youth allegedly attempted to snatch the boy’s mobile phone. When they resisted, the accused attacked the boy with a knife.The victim sustained stab injuries on his hand and scratches on his stomach and…

Jaipur: With Rajasthan staring at a deepening water crisis and another harsh summer behind it, the state govt is preparing to launch a massive public campaign to revive traditional water sources and push water conservation as a people’s movement ahead of the monsoon.The statewide Vande Ganga Jal Sanrakshan Jan Abhiyan will run from May 25 to June 5 — beginning on Ganga Dussehra and concluding on World Environment Day. The campaign aims to increase the water-holding capacity of traditional water bodies by nearly 20% through large-scale desilting, cleaning and restoration work across villages and cities.Traditional structures such as baoris (stepwells),…