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ACC's consolidated net profit down 30% in Q1CY21 on YoY basis
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 the corresponding quarter of the previous fiscal.

However, the

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Netflix loses 2 lakh paid subscribers in Q1, shares tank 20%
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 global paid subscriber loss of 20 lakh for the second quarter (Q2) of 2022.

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NITES files complaint with Centre against Infosys over employment clause for staffers
NITES files complaint with Centre against Infosys over employment clause for staffers

Bengaluru, Nascent Information Technology Employees Senate (NITES) has raised a complaint against IT giant Infosys with the Centre over the contract guidelines for restricting former employees from working with competitors TCS, Wipro, Cognizant, IBM and Accenture.

NITES, an NGO working for welfare and benefits of

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TN transport corporation to float tenders for electronic ticketing machines
TN transport corporation to float tenders for electronic ticketing machines

Chennai, The Tamil Nadu State Transport Corporation (TNSTC) is to float tenders for electronic ticketing machines as the conductors and commuters have been demanding a shift from the manual system.

However, the details of the tender and the bid dates have not yet been finalised, sources in TNSTC told IANS.

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Auto, taxi, bus fares revised in Kerala
Auto, taxi, bus fares revised in Kerala

Thiruvananthapuram,  The Pinarayi Vijayan-led LDF government in Kerala on Wednesday gave its nod for a hike in auto, taxi and bus fares, which will come into effect from from May 1.

Minimum auto fare has been raised from Rs 25 to Rs 30, while the taxi fares have been increased to Rs 200 and the minimum bus fa

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Yogi govt in UP to expand range, quality of Khadi
Yogi govt in UP to expand range, quality of Khadi

Lucknow,  The Yogi Adityanath government in Uttar Pradesh will bring further refinement to Khadi which is a symbol of self-reliance, self-respect and self-employment and offers promises, possibilities and potential.

It also plans to increase the range of Khadi by making shoes, bags and fancy purses.

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Economy/Business
TN demands revenue share from AAI when airports are privatised
TN demands revenue share from AAI when airports are privatised

Chennai,  With the central government looking at privatisation of airports, the Tamil Nadu government has taken a policy decision that it should have a share in the revenue realised by the former while transferring the airport.

According to the policy note presented by the Tamil Nadu Industries Minister Thang

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Economy/Business
Gautam Adani promises Rs 10,000 cr investment in West Bengal
Gautam Adani promises Rs 10,000 cr investment in West Bengal

Kolkata,   Adani Group will invest an amount of around Rs 10,000 crore in West Bengal in the next few years, according to the group chairman and founder, Gautam Adani.

He made this announcement while addressing the inaugural session of the Bengal Global Business Summit (BGBS)-2022, the annual event

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Sports
Santosh Trophy: Services come back strongly to beat Gujarat 3-1
Santosh Trophy: Services come back strongly to beat Gujarat 3-1

Malappuram (Kerala),  Despite going a goal down in the initial stages against Gujarat, defending champions Services showed grit and reliance to record their first win in the 75th National Football Championship for Santosh Trophy 2021-22. They beat Gujarat 3-1 in Group B.

Stung by their loss to Manipur in

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Sports
IWL 2022: Mata Rukmani, Odisha Police set sights on maiden win
IWL 2022: Mata Rukmani, Odisha Police set sights on maiden win

Bhubaneswar,  Desperate to prove themselves in the Indian Women's League (IWL) 2022, Mata Rukmani face-off with Odisha Police on Wednesday.

Asked about the approach in their second game of the season, Mata Rukmani head coach Sandeep Singh stated, "The approach would be to treat it just like any other

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