MADRID: Zara owner Inditex said on Wednesday its net profit jumped 32.5% in February-October, but the fast fashion giant’s sales growth in the nine-month period slowed down from a year ago amid tougher times for consumers. The world’s biggest fashion retailer said its net profit was 4.1 billion euros ($4.42 billion) as expected by analysts,…
NEW DELHI: Reeling under BJP’s aggression after assembly wins in the Hindi heartland states and waiting for the inauguration of Ram Temple in Ayodhya, the SC verdict on Article 370 on Monday provided another polarising issue that is likely to send the INDIA bloc back to the drawing board ahead of the Lok Sabha elections.The…
NEW DELHI: The government on Monday withdrew the three criminal justice bills from Parliament and said they would be redrafted and introduced afresh after incorporating recommendations made by the parliamentary committee in its reports on November 10.The Centre made the announcement in a statement on the Parliament portal for MPs, stating that the bills, introduced…
A proposed bill in the US Congress has found its resonance in India. Telecom industry body Cellular Operators Association of India (COAI), whose members include Airtel, Reliance Jioand Vodafone-Idea, want the the government to adopt a similar bill. So what exactly is this bill? The bill sponsored by US Senators Markwayne Mullin, Mark Kelly and…
NEW DELHI: A Delhi court on Monday extended the judicial custody of AAP leader Manish Sisodia in connection with a money laundering case related to the alleged Delhi excise policy scam until January 10, 2024.Special Judge M K Nagpal also called for responses from Sisodia and other accused in response to an application filed by…
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, according to a person familiar with the matter on Sunday. Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, submitted a proposal to acquire the Macy’s…
HASSAN: JD(S) leader H D Kumaraswamy claimed on Sunday that a prominent Congress minister is considering joining the BJP to evade legal troubles initiated by the Centre. Kumaraswamy, a former chief minister, disclosed that the minister, facing multiple cases, is currently in negotiations with BJP leaders and might bring along “50 to 60 MLAs” in…
South Africa and India are set to assess their squad depth in two white-ball series, commencing with a Twenty20 international at Kingsmead in Durban this Sunday.The tour comprises three T20Is followed by three one-day internationals, providing a much-needed financial boost for Cricket South Africa (CSA). Facing financial challenges, the host nation anticipates earning over a…
GUWAHATI: The National Human Rights Commission (NHRC) on Friday issued a notice to the Manipur government, seeking a report within two weeks on the killing of 13 people in Tengnoupal district on December 4. The commission said it has taken “suo motu cognizance of a media report that at least 13 people were killed in…
NEW DELHI: Stressing the importance of artificial intelligence in today’s world, PM Narendra Modi Friday said India is looking to “take a giant leap in AI to empower its citizens and is poised to be an active contributor to its evolution”.In a LinkedIn post titled ‘Celebrating AI and Indian talent’, PM Modi invited people to…
