Live: RIL's Q4 consolidated PAT rises 22.5% YoY to Rs 16,203 crore

Live: Reliance Industries on Friday reported its Q4 results.

Live news updates: Reliance Industries on Friday reported its Q4 results. The company’s consolidated net profit stood at Rs 16,203 crore compared to CNBC-TV18 Poll of Rs 16,640 cr. 

 Reliance Jio Infocomm, an unit of Reliance Industries, on Friday reported a 15.4 percent quarter-on-quarter increase in net profit at Rs 4,173 crore for the quarter ended March.

The company's revenues for the quarter grew 8 percent sequentially to Rs 20,901 crore.

6:15 PM

Tata Power net profit rises over 31 pc to Rs 632 cr in Q4

Tata Power has reported an over 31 per cent rise in its consolidated net profit to Rs 632.37 crore in the March 2022 quarter, mainly on the back of higher revenues.

Its consolidated net profit was Rs 481.21 crore in the year-ago quarter, according to a statement.

5:36 PM

Reliance Jio Q4: Company's net profit rises 15.4% QoQ to Rs 4,173 cr

Reliance Jio Infocomm, an unit of Reliance Industries, on Friday reported a 15.4 percent quarter-on-quarter increase in net profit at Rs 4,173 crore for the quarter ended March. The company's revenues for the quarter grew 8 percent sequentially to Rs 20,901 crore.

 

4:39 PM

L&T Infotech, Mindtree to merge ops to form $3.5 bn IT firm

IT services company L&T Infotech (LTI) said on Friday it would merge its operations with Mindtree Ltd, forming a large-scale player to take on bigger competitors in the country's booming IT industry. "The proposed integration will see L&T Infotech and Mindtree join strengths to create an efficient and scaled-up IT services provider exceeding $3.5 billion," L&T Infotech said in a statement. More here

4:30 PM

Indian stocks register worst week since Nov

Indian shares closed over 1% lower on Friday and registered their worst week since November, as investors fretted that fast-paced interest rate hikes to fight surging inflation would slow global economic growth.

3:40 PM

Punjab police filed case against Bagga in April

Punjab police in April booked Bagga on the charges of making provocative statements, promoting enmity and criminal intimidation. The case was registered on a complaint of AAP leader Sunny Ahluwalia, a resident of Mohali, PTI reported.

3:38 PM

Punjab police didn't inform us about Bagga's arrest: Delhi Police

The Punjab Police says it arrested Bagga in connection with a case registered against him in Mohali last month. Bagga's father complained that some people came to the house around 8 am and took away his son, PTI reported. The Punjab police team did not inform the local police in Delhi before arresting Bagga, a Delhi Police official said.

2:53 PM

Amnesty International: Russia must face war crimes justice

Amnesty International says it has documented extensive war crimes by Russian forces in communities around the Ukrainian capital, Kyiv, including arbitrary executions, bombardments of residences and torture, AP reported

 

The pattern of crimes committed by Russian forces that we have documented includes both unlawful attacks and willful killings of civilians, Agnes Callamard, Amnesty International's Secretary General, said in a statement on Friday. It is vital that all those responsible, including up the chain of command, are brought to justice.

 

The organization said it collected evidence and testimony in eight cities near Kyiv, including Bucha. After Russian forces retreated from Bucha in April, corpses were found lying on streets, many with their hands bound behind their backs, and in mass graves. Kyiv regional governor Oleksandr Pavlyuk said that at least 1,235 civilian bodies have been found in the region.

2:48 PM

Kerala govt approves medico-legal protocol for arrested and remanded prisoners

The Kerala government on Friday gave the nod for the medico-legal protocol regarding the procedures to be followed in conducting medical examinations of arrested persons and remanded prisoners, PTI reported.

 

A cabinet meeting accorded sanction for the protocol with amendments suggested by the Law Department, an official statement said.

 

A decision was taken to set up special courts in Thiruvananthapuram and Thrissur by creating 12 posts each for hearing cases registered under the Scheduled Caste and Scheduled Tribe (Prevention of Atrocities) Act, it said.

2:33 PM

Assam BJP, coalition partners meet on future govt schemes

Ministers and legislators of the BJP-led ruling coalition in Assam have closeted in a brainstorming session at Kaziranga on Friday on the developmental programmes to be undertaken by the state government, which will be completing its first year next week, PTI reported.

 

Chief Minister Himanta Biswa Sarma, the BJP's North East general secretary (Organisation) Ajay Jamwal and chiefs of the saffron party's allies - Atul Bora of Asom Gana Parishad (AGP) and Pramod Boro of United People's Party Liberal (UPPL) - and others are attending the meeting.

2:18 PM

No Covid death in Delhi has gone uncounted, says Health minister Jain

No Covid death in the national capital has gone uncounted, Delhi Health Minister Satyendar Jain said on Friday, a day after the World Health Organisation estimated that there were 4.7 million (47 lakh) deaths from the virus in India, PTI reported.

 

Covid death data given by the national capital to the Centre is completely authentic and correct, Jain, who is here to attend a Swasthya Chintan Shivir organised by the Union Health Ministry, said.

 

"I cannot comment on the data for the entire country or other states but no Covid death in the national capital has gone uncounted," Jain said.

2:10 PM

India now working for bigger purpose of global welfare: PM Modi

Prime Minister Narendra Modi on Friday said that today everyone feels that India is now moving beyond 'probability and potential' and performing a bigger purpose to ensure global welfare, IANS reported.

 

Modi was virtually addressing the inaugural session of Jain International Trade Organisation's 'JITO Connect 2022'.

 

The Prime Minister noted the spirit of 'Sabka Prayas' in the theme of the programme, and said today the world is considering India's development resolutions as a means of achieving its goals. "Be it global peace, global prosperity, the solutions related to the global challenges or strengthening of the global supply chain, the world is looking towards India with great confidence. I have just returned after informing many European countries about India's resolution for the 'Amrit kaal'," he said.

1:50 PM

India expects to seal FTA with European Union by next year : Goyal

Commerce and Industry Minister Piyush Goyal on Friday said India will be able to conclude a free trade agreement (FTA) with the European Union by next year, PTI reported.

 

Speaking at an event organised by the IMC Chamber of Commerce, Goyal said the country has already sealed pacts with the UAE and Australia, and is in negotiations with other countries or blocs including the EU, UK, Canada and Gulf Cooperation Council (GCC).

 

By next year, we would be able to conclude an FTA with the EU, Goyal said, adding that a delegation from Italy including its foreign minister is in New Delhi now with which he will be having deliberations.

1:23 PM

Constitute Covid commission, pay Rs 4 lakh compensation: Cong on WHO report

After the WHO released its report on the Covid deaths, the Congress on Friday demanded the constitution of a Covid commission and a compensation of Rs 4 lakh each to the families who lost their members in the pandemic, IANS reported.

 

Addressing a press conference, Congress spokesperson Gaurav Vallabh said, "Heeding to our demand for the last two years, the government must immediately form a Covid commission with members from all parties to analyze the deaths that happened due to unavailability of Oxygen, broken supply chain in case of vaccines and medicines and plan for better management during such pandemics and pay Rs 4 lakhs to the families of the people who have died due to Covid. If it can't provide the medical care and facilities, this is the least the Modi government can do to pay respects."

1:08 PM

BJP's Tajinder Bagga arrested for communal inflammatory statements, says Punjab Police

Punjab Police on Friday arrested Bharatiya Janata Party leader Tajinder Pal Singh Bagga from his residence in the national capital over charges of communal inflammatory statements, promoting religious enmity, and criminal intimidation, ANI reported.

 

The Punjab police said that they had sent Bagga five notices to join the investigation but he "deliberately" chose not to do so.

 

"Today morning following due process of law, Tajinder Pal Singh Bagga was arrested from his home in Janakpuri, New Delhi. He is being brought here (Sahibzada Ajit Singh Nagar, Punjab) and will be produced in court," Punjab Police said.

1:07 PM

India's total fertility rate declines from 2.2 to 2.0: National Family Health Survey