Mahindra Holidays & Resorts’ consolidated net profit drops by nearly 50% in Q2 2023-24.

Mahindra Holidays & Resorts India Ltd, a leading player in the hospitality industry, has announced its financial results for the second quarter ending September 2023. The company reported a consolidated profit after tax of Rs 21.43 crore, showcasing its ability to navigate the challenging economic environment. In comparison, Mahindra Holidays had recorded a consolidated profit…

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IMD forecasts potential cyclone formation in Bay of Bengal by Monday evening

Cyclonic Storm ‘Hamoon’ may form over Bay of Bengal; India Meteorological Department (IMD) issues bulletin The India Meteorological Department (IMD) has announced that the deep depression currently forming over the Bay of Bengal is expected to intensify into a cyclonic storm by Monday evening. The system, named ‘Hamoon’ by Iran, is currently located in the…

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Analysis must transcend previous frameworks as the era of a unipolar world becomes a thing of the past: Jaishankar.

Title: External Affairs Minister Emphasizes the Demise of Unipolar World and Challenges Faced by International Financial Institutions New Delhi [India], October 22 – In a thought-provoking address, External Affairs Minister S Jaishankar highlighted that the concept of a unipolar world is now a thing of the past, and outdated viewpoints need to be reconsidered. Speaking…

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Google executive claims AI will not replace your job, but rather enhance its entertainment value

Title: Google Executive Reveals How Generative AI Enhances Job Satisfaction Subtitle: AI tools alleviate mundane tasks and boost employee productivity, according to Philip Moyer In a recent interview, Philip Moyer, Vice President of Google Cloud’s global AI business, expressed that generative AI tools like ChatGPT and Bard can significantly improve job satisfaction and enhance overall…

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Foreign Portfolio Investors withdraw Rs 12,000 crore from equities in October; allocate Rs 5,700 crore in debt instruments.

Foreign portfolio investors (FPIs) have withdrawn more than Rs 12,000 crore from Indian equities this month due to a sustained increase in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict, according to data from depositories. However, FPI activity in Indian debt tells a different story, as they have invested over Rs…

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Phony tech support scam calls: Crackdown results in raids across 76 locations in India

India Cracks Down on Tech Support Scammers to Combat Cybercrime India’s Central Bureau of Investigations (CBI), in collaboration with Amazon and Microsoft, has launched a crackdown on tech support scammers as part of efforts to combat finance-related cybercrime. The operation, known as Chakra-II, involved raiding approximately 76 suspected illegal call center locations across 12 Indian…

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