"Where Facts Speak Louder."
Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The Taiwanese company’s net income plunged 13% to NT$46.3 billion ($1.4 billion), far short of analysts’ estimates for a 2.3% gain. Hon Hai, one of Nvidia’s…
NEW DELHI: Double Olympic medallist PR Sreejesh emphasised the significance of grassroots investment and talent scouting to enhance India’s future in sports. Sreejesh, who retired after contributing to India’s consecutive Olympic bronze medal at the Paris Games, highlighted the importance of exposure and mental preparation for athletes aiming for success at the Olympics. “Exposure is…
Reacting to recent debates on Jammu and Kashmir in the British House of Commons, UK parliamentary under-secretary and Labour MP Hamish Falconer has said that “it is not for the UK to prescribe a solution or act as a mediator.” Representing the British govt, he said: “The (UK) govt’s position is that it is for…
BENGALURU: Global capability centres are increasingly recruiting talent from IT services companies, with approximately half their workforce now sourced directly from these firms. Data from HR consultancy Xpheno indicates that GCCs have modified their recruitment approach, incorporating both experienced professionals and fresh graduates.Recent statistics reveal GCCs now source 45-48% of their workforce from IT firms,…
Pakistani players during recitation of the national anthem (PTI Photo) NEW DELHI: The Hundred Draft witnessed a notable absence of Pakistani cricketers, with none of the 50 players from the country receiving bids. This development has sparked discussions and raised questions about the potential factors contributing to this outcome.Among the Pakistani contingent, prominent names such…
BENGALURU: Wipro has realigned its global business lines (GBLs) to expand its go-to-market capabilities to meet clients’ business needs in emerging technologies driven by AI, cloud, and digital transformation. Wipro organised its capabilities across four GBLs-delivery, capabilities, solutions, and horizontal specialists are owned by GBLs. The four GBLs are technology services, business process services, engineering,…
Relief for BJP’s Yediyurappa. NEW DELHI: Karnataka high court on Friday provided interim relief to former chief minister and BJP central parliamentary committee member BS Yediyurappa in a Protection of Children from Sexual Offences (POCSO) case, staying the summons that required his personal appearance before the First Fast Track Court on March 15.Justice Pradeep Singh…
NEW DELHI: Chartered accountants’ apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be Rs 2,100 crore.The private sector lender, on March 10, disclosed some discrepancies in its derivatives portfolio, which could have an adverse impact of about 2.35% of the bank’s net worth…
New Zealand PM plays with colours. NEW DELHI: An Auckland video showing New Zealand Prime Minister Christopher Luxon celebrating with colours amongst a large ISKCON gathering has gone viral on the festival of Holi in India. The visuals, which are from early February, show the New Zealand PM spraying colour from a cloud gulal container…
