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- Microsoft Teams down for thousands of users in India
- Jal Jeevan Mission crosses 11 crore taps milestone, PM Modi lauds efforts
- India’s JSW Steel to Favor Rupee Bond Market Over Dollar Debt
- N. Korea locks down capital over ‘respiratory illness’
- Philippine plane crash kills 2, another carrying 6 missing
- Amid storm over BBC documentary Mahua Moitra shares another link
- Rahul Gandhi’s Bharat Jodo Yatra suspended due to poor weather
- Lakhimpur Kheri violence case: Ashish Mishra gets bail
- After layoffs Microsoft posts 12% drop in quarterly profit
- SC judgments to be available in 4 languages
- Drunk passenger creates ruckus on Chennai-Mumbai flight, arrested
- Braves honoured ahead of Republic day
- BBC documentary row: Delhi Police starts probe into complaint of stone pelting at JNU campus
- Cong Leader AK Antony’s son resigns from party over BBC documentary row
- Fire breaks out in Mumbai high-rise; 4 people hospitalised
- Ship sinks between S. Korea and Japan; 11 found unconscious
- Gold holds tight range ahead of US economic data
- Indian shares set to open lower on growth fears
- Ad spending on Twitter falls by over 70% in Dec — data
- SBM Bank says engaging with RBI to address «supervisory concerns»
Microsoft Teams down for thousands of users in India
Microsoft Corp’s Teams app was down for thousands of users in India on Wednesday, according to outage tracking website Downdetector.com.
The website, which tracks outages through a range of sources including user reports, showed there were more than 1,800 incidents of people reporting issues with Microsoft Teams in India.
Jal Jeevan Mission crosses 11 crore taps milestone, PM Modi lauds efforts
India’s JSW Steel to Favor Rupee Bond Market Over Dollar Debt
Tycoon Sajjan Jindal-controlled JSW Steel Ltd. plans to take advantage of lower rupee borrowing costs to refinance its offshore borrowings, as it pushes to increase capacity with a $6 billion capital expenditure plan.
The rupee loan market is looking “attractive» for India’s largest steel company by market value, said Seshagiri Rao, joint managing director and group chief financial officer. The firm’s proportion of rupee debt will grow to half its 700 billion rupees ($8.6 billion) of borrowings over the next year, from about 45% at the end of December, he said.
JSW Steel’s plans underline a trend for Asian companies to favor local issuance due to unfavorable exchange rates and a rapid rise in US borrowing costs. Overseas debt sales in dollars, euros and yen by entities in Asia outside Japan plummeted more than 50% last year, Bloomberg-compiled data show.
N. Korea locks down capital over ‘respiratory illness’
North Korea has ordered a five-day lockdown in the capital over «respiratory illness», a report said Wednesday, in what appears to be the first citywide restrictions since the country declared victory over Covid-19 in August 2022.
Residents of Pyongyang have been ordered to stay in their homes from Wednesday to Sunday and must submit to multiple temperature checks each day, Seoul-based specialist site NK News reported, citing a government notice.
The notice did not mention Covid but said that the illnesses currently spreading in the capital included the common cold, the report said.
Philippine plane crash kills 2, another carrying 6 missing
A Philippine air force plane crashed Wednesday on a farm northwest of Manila, killing the two people on board, while a search was continuing for a private aircraft carrying six people that went missing the previous day in the mountainous north.
The SF-260 plane was on a training flight from Sangley airport in Cavite province south of Manila when it plummeted into a rice field in Bataan province, air force spokesperson Col. Maria Consuelo Castillo said.
Amid storm over BBC documentary Mahua Moitra shares another link
Rahul Gandhi’s Bharat Jodo Yatra suspended due to poor weather
Lakhimpur Kheri violence case: Ashish Mishra gets bail
Supreme Court has granted interim bail for eight weeks to Ashish Mishra in the Lakhimpur Kheri violence case with conditions.
The Uttar Pradesh government had opposed the bail plea of Ashish Mishra and during the hearing in the Supreme Court last week, Uttar Pradesh government told the bench that the alleged offences against Mishra were grave in nature and granting bail in such matters may impact the society adversely.
Senior Advocate Mukul Rohatgi, appearing for petitioner Ashish Mishra, said his client is not a danger to society and insisted on granting bail to Mishra.
Senior Advocate Dushyant Dave, appearing for the complainant, told the Supreme Court if Mishra is out on bail then it will send a terrible message.
Ashish Mishra, the son of Union Minister Ajay Mishra, moved Supreme Court challenging Allahabad High Court which denied bail to him in connection with the Lakhimpur Kheri violence case
After layoffs Microsoft posts 12% drop in quarterly profit
Microsoft Corporation has announced that its profit went down 12% year-on-year to USD 16.4 billion during the quarter ended December 2022 and that its revenue rose 2 per cent y-o-y to USD 52.7 billion in the reviewed period.
The company said in a statement that its operating income was USD 20.4 billion during the quarter, which is a decline of 8 per cent y-o-y over the figure in the corresponding quarter the previous year.
Diluted earnings per share was USD 2.20, a drop of 11 per cent.
SC judgments to be available in 4 languages
The judgments delivered by the Supreme Court will now be translated into four languages —Hindi, Tamil, Gujarati and Odia — Chief Justice of India (CJI) Dhananjaya Y Chandrachud said on Tuesday, while remarking that English is “not a comprehensible language to 99.99% of the citizens» in the country.
“A very important initiative which we have adopted recently is translation of judgments of the Supreme Court in regional languages. Because we must understand that the language which we use namely English, is a language which is not comprehensible, particularly in its legal avatar, to 99.9% of our citizens, in which case really access to justice cannot be meaningful, unless citizens are able to access and understand in a language which they speak and comprehend, the judgments which we deliver whether in the high courts or in the Supreme Courts,» said the CJI.
Drunk passenger creates ruckus on Chennai-Mumbai flight, arrested
A drunk passenger on board an Indigo Airlines Chennai-Mumbai flight was arrested by the Sahar police in the early hours of Monday after the crew lodged a complaint against him for creating a ruckus during take-off.
According to the crew, the passenger, identified as Darshan Parekh, 35, was drunk and refused to follow safety instructions when the flight was about to take off from Chennai airport.
The passenger identified as Darshan Parekh (35) is a small-time businessman from Mumbai and was returning from Chennai when the incident took place.
Braves honoured ahead of Republic day
901 Police personnel awarded Police Medals on the occasion of Republic Day 2023
140 awarded Police Medal for Gallantry(PMG), 93 awarded President’s Police Medal for Distinguished Service(PPM) & 668 awarded Police Medal for Meritorious Service(PM)
BBC documentary row: Delhi Police starts probe into complaint of stone pelting at JNU campus
Delhi Police on Wednesday said it has begun an inquiry on the complaint lodged by students of Jawaharlal Nehru University (JNU) against the alleged stone pelting and «deliberate» power outage that took place while they were watching a controversial BBC documentary on Prime Minister Narendra Modi on their media devices on the varsity campus.
«No FIR has been filed yet. They (the students) have given a complaint and we are enquiring into it,» Delhi Police officials told ANI.
Cong Leader AK Antony’s son resigns from party over BBC documentary row
AK Antony’s son Anil Antony has resigned from Congress after he vociferously aired his views regarding condemning BBC for its documentary on Gujarat riots claiming, «Despite large differences with BJP, I think those in (India) placing views of BBC, a (Britain’s) state sponsored channel with a long history of (India) prejudices, and of Jack Straw, the brain behind the Iraq war, over (India) institutions is setting a dangerous precedence will undermine our sovereignty.’
Fire breaks out in Mumbai high-rise; 4 people hospitalised
A fire broke out in a 29-floor residential building in Mumbai on Wednesday, following which four people suffered from suffocation and were hospitalised, officials said. The blaze erupted at around 1.45 am in a common passage on the 24th floor of Shivshakti building in Lokhandwala complex in suburban Andheri and caused thick smoke, they said.
Ship sinks between S. Korea and Japan; 11 found unconscious
Ships searching in wind-whipped waters between South Korea and Japan have picked up at least 12 of the 22 crewmembers from a cargo ship that sank early Wednesday. Officials said only one of them remained conscious, but they did not immediately confirm any deaths.
South Korean and Japanese coast guard vessels and aircraft as well as two commercial cargo ships were continuing to search for the 10 missing crewmembers but the efforts were being slowed by strong winds and waves, South Korean officials said.
Gold holds tight range ahead of US economic data
Gold prices traded in a tight range on Wednesday as investors stayed away from taking big bets ahead of U.S. economic growth data this week, while expectations of slower interest rate hikes from the Federal Reserve kept bullion’s outlook brightGold prices traded in a tight range on Wednesday as investors stayed away from taking big bets ahead of U.S. economic growth data this week, while expectations of slower interest rate hikes from the Federal Reserve kept bullion’s outlook bright
Indian shares set to open lower on growth fears
Indian stocks were poised to open lower on Wednesday, on weak economic data from the U.S., which hinted at rising fears of recession, and weak growth outlook from companies.
India’s NSE stock futures listed on the Singapore exchange were down 0.19% at 18,099.50, as of 07:37 a.m. IST.
Ad spending on Twitter falls by over 70% in Dec — data
Advertising spend on Twitter Inc dropped by 71% in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform after Elon Musk’s takeover.
SBM Bank says engaging with RBI to address «supervisory concerns»
SBM Bank (India) is engaging with the Reserve Bank of India (RBI) to address «supervisory concerns», the lender said in an email to a customer reviewed by Reuters, days after the regulator barred it from some transactions.
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