Achi news desk-
New Delhi10 days ago
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Yesterday’s big news was related to Maruti Suzuki. The profit of Maruti Suzuki, India’s largest car manufacturing company, increased by 48%. The company said that it earned a profit of 3877 million rupees in this quarter.
At the same time, WhatsApp may stop providing service in India. The instant messaging platform has told the Delhi High Court that if it is forced to break its messaging encryption, it will leave India.
Before tomorrow’s big news, today’s key events to keep an eye on…
- There was no change in the prices of gasoline and diesel.
- The stock market will remain closed today on Saturday due to the weekly holiday.
- ICICI Bank, Yes Bank, IDFC First Bank and RBL Bank will announce their fourth quarter results.
Now read tomorrow’s big news…
1. Maruti’s profit increased by 48% in the fourth quarter: the company sold 21.35 lakh vehicles in the whole year, will give a dividend of 125 rupees to the shareholders.
The profit of Maruti Suzuki, India’s largest car manufacturing company, increased by 48%. The company released the results for the fourth quarter (January-March) of the 2023-24 fiscal year on Friday, April 26. The company said that it earned a profit of 3877 million rupees in this quarter. The company posted a profit of ₹2,632 crore in the corresponding quarter a year ago.
At the same time, profit after tax for the entire financial year increased by 64% to Rs 13,209 crore. A year ago, i.e. in fiscal year 2023, it was Rs 8,049 crore. Maruti has announced a dividend of Rs 125 per share to its shareholders. Companies give part of the profits to their shareholders, this is called a dividend.
Click here to read the full news
2. WhatsApp said – if there is pressure then we will leave India: cannot provide information about users’ messages, company opposes new IT rules
WhatsApp may stop providing service in India. The instant messaging platform has told the Delhi High Court that it will leave India if it is forced to break its messaging encryption.
The two major Meta platforms, WhatsApp and Facebook, have filed a petition in the Supreme Court against the recently amended IT rules, which the Supreme Court referred to the Delhi HC last month.
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3. HCL Tech’s net profit of ₹ 3,986 crore in Q4: The company’s revenue grew by 7.1% to ₹ 28,499 crore, the company will pay a dividend of INR 18 per share.
HCL Tech Limited on Friday (April 26) released the results for Q4FY24 i.e. the fourth quarter of 2024. In the January-March quarter, the company’s net profit increased by 0.07% on a year-on-year (YoY) basis to $3,986 million.
In the corresponding quarter last year (Q4FY23), the company’s net profit was ₹3,983 crore. While in the last quarter (Q3FY24) it was $4,350 million. This means that the company’s net profit on a quarterly basis (QoQ) decreased by 8.4% in the fourth quarter.
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4. Technical flaw in ICICI Bank’s iMobile app: Details of 17,000 new credit cards leaked, bank said – no misuse occurred due to the error.
Nearly 17,000 new credit cards issued by ICICI Bank in recent days were mistakenly mapped to wrong users through digital channels. That is, due to this technical flaw, the users of ICICI Bank’s ‘iMobile’ application could see the details related to the credit cards of other customers. The bank itself gave this information on Thursday (April 25).
A spokesperson for the country’s second largest lender ICICI Bank said that due to this error, no incident of any kind of misuse has been detected so far. However, if this happens to any user in the future, the bank has promised to compensate for the financial loss.
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5. Sinjania’s wife is off the board of 3 companies: Saeed-Goutem first beat me, now he has ousted me from Raymond group companies
Three companies from the Raymond Group have ousted his wife Nawaz Modi from their boards over a dispute. JK Investors Limited (JKI), Raymond Consumer Care (RCCL) and Smart Advisory & Finserv have ousted Nawaz Modi from the board through an Extra General Meeting (EGM) on 31 March. Economics Times provided information about this in one of its reports.
Nawaz Modi was appointed director of JKI in June 2015, RCCL in December 2020 and Smart Advisory and Finserv in October 2017. According to the report, Raymond, a listed company, has not yet proposed to remove Nawaz Modi from the board, but may do so soon.
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6. Realme C65 5G smartphone launched for ₹ 10,499: It has Dynamic Island feature like iPhone 15 Pro, easy to use Google Map in riding mode.
Chinese tech company Realme launched the affordable Realme C65 C-series smartphone on Friday, i.e. April 26. This budget segment smartphone comes with a riding mode, which makes it easier to use the phone’s user interface while driving. This gives you quick access to Google Map, Music, Google Dialer and other functions.
The dynamic island functionality feature provided in the iPhone 15 Pro has been provided in the smartphone. Realme calls it a ‘mini capsule’. The company first provided this feature in the Realme C51.
Click here to read the full news
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