Revises

IT major Infosys on Thursday reported a consolidated net profit of Rs 6,106 crore for the quarter ended December, which was down 7% from Rs 6,586 crore reported in the previous year quarter. The profit figure was slightly below the ET NOW poll estimate of Rs 6140 crore.Revenue from operations during the third quarter rose by 1% to Rs 38,821 crore, compared with Rs 38,318 crore in the corresponding quarter of last year. The ET NOW poll pegged revenue at Rs 38,570 crore. Elevate Your Tech Prowess with High-Value Skill…

China’s Ministry of Industry and Information Technology announced a revision to its long-running “dual-credit policy,” in which local automakers earn certain calculated credits for each EV they build. The Ministry is reducing said credit by 40%, putting certain automakers in jeopardy of non-compliance and risk of losing their ability to sell to the public. In many ways, China continues to lead the global transition toward all-electric vehicles – but steadfast adoption overseas is not…

Reader survey As a reader of PREMIUM TIMES, your opinion matters. Please take our survey to help us better understand the values and preferences of our readers. Your feedback will give us valuable insights into how we can tailor the different types of content we offer to meet your needs. The survey should only take about 6-8 minutes to complete. Click here to take it. The National Bureau of Statistics (NBS) on Tuesday announced it has revised the methodology for the Labour Force Survey which produces the…

Glencore GLNCY 2.90% PLC said it would add a cash component to its roughly $23-billion merger proposal for Teck Resources Ltd. TECK 1.24% , as the commodities company seeks to win over the Canadian miner’s shareholders for a deal that would create a copper giant.Glencore last week detailed a bid to combine with Teck and create two separate companies for their merged metals and coal businesses. Teck said it had rejected…

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeDisney fans watching the The Little Mermaid live-action remake might be surprised to discover two songs have new lyrics.The 1989 animated film has been given a 2023 update, starring Halle Bailey as Ariel, which will be released in cinemas next month.Those singing along to the film’s famous songs, though, will find they’re getting the words wrong as co-songwriter Alan Menken has altered…

Last Updated: March 23, 2023, 16:26 ISTThe Railways will continue to offer linen to passengers even after they restore the price of the ticket. The order stated that the passengers who have already booked their tickets online and over the counter will be reimbursed the extra amount charged. The Indian Railways issued an order on Wednesday to reduce the ticket fare for passengers travelling in AC-3 tier economy class. The ticket fare for a 3-tier economy class had been made equivalent to AC 3-tier ticket in November…

Photo: Sergei Elagin / Shutterstock.com (Shutterstock)Last week, Discord announced new AI features powered by Midjourney’s image generator and chatbot technology powered by OpenAI, the makers of ChatGPT. The company’s existing chatbot, named Clyde, is now super-charged with artificially intelligent language parsing capabilities and there are other fun features. Those new features appeared to come at a cost: in the fine print of the company’s privacy policy, Discord made subtle changes that disturbed users. It revoked…

The government has revised the definition of broadband…

Microsoft has revised its multi-channel strategy, which will be accessible for all advertisers on February 21st. Additionally, the audience ad bid modifier will no longer be visible in your campaign settings. Microsoft says “Instead of using positive or negative bid modifiers to manually adjust participation in the audience network, all you need to do is define your goals, and Microsoft Advertising will fully optimize your campaigns across channels. This will help you more easily manage your campaigns and find the…

Last Updated: January 03, 2023, 11:43 ISTImage used for Representation (Photo: Reuters)The Ministry said that the guidelines have been revised in the context of the evolving trajectory of Covid-19 cases in some countriesIndia on Monday issued revised guidelines for international air passengers arriving from identified high-risk countries including China, Singapore, South Korea, Thailand, and Japan, mandating an RT-PCR test.“As per the revised guidelines, a mandatory requirement for pre-departure RT-PCR testing (to be…