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No let-up in illegal mining in Reasi, Arnas; Illegal mining goes on even in the land that belongs to Salal Hydel Project of the NHPC

Sarbjeet Singh, Jammu Tawi, March 15: Despite a recent crackdown and all-out efforts of the district civil and police administration, the illegal mining of minor minerals- sand, bajri and gravels in Salal and Arnas areas of Reasi district has been going on in full swing despite opposition by local residents and environmentalists. The menace which had been on its

Tsalal
Jammu-and-kashmir
India
Jammu
Rajouri
Poonch
Jammu-tawi
India-general
Amit-gupta
Reasi-babila-rakwal
Bhushan-parimoo
Saiter-nallah

AGENCIES In past two days, the stock of information technology (IT) bellwether was down 4 per cent after the company on Saturday informed to the stock exchanges that Mohit Joshi, president of the company has resigned effective March 11, 2023. Mohit Joshi will be on leave thereafter and his last date for the company would be June 9, 2023, Infosys said in an exchange filing. This is second large exit from the company in 3 months. ICICI Securities believe that considering multiple responsibilities that Mohit was handling, the brokerage firm can't rule out near term vulnerability especially in BFSI, products space as well as large deal space. "However we do not see long term implications of this event considering second tier leadership already in place at the company," ICICI Securities said in a note. Mohit Joshi has been appointed as President in August 2016 and his primary responsibilities includes P&L responsibility of Financial services, insurance, Healthcare & Lifesciences vertical (together more than $6.5 billion annual revenue for Infosys (36 per cent of revenue mix); Software products & Platforms business including Financle, cobalt, Finacle etc (revenue mix not disclosed by the company but could be $1bn+ in ICICI Securities view); Sales operations and Large deals etc. Meanwhile, in past one month, the stock has slipped 11 per cent after the closure of open market buyback offer. In comparison, the S&P BSE Sensex was down 5 per cent during the same period. According to exchange data, Infosys had bought back 60.4 million shares or 1.44 per cent of the total equity capital at an average of Rs 1,539 apiece. The average buyback price was 16.6 per cent below the maximum offer price of Rs 1,850. In past one year, Infosys has underperformed the market by falling 25 per cent, as against 2.6 per cent rise in the S&P BSE Sensex. Analysts at Nirmal Bang Securities believe there is a lot of divergence in views on FY24. "We are assuming a low-mid single-digit growth from both lower volume as well as some price compression whereas consensus is building in a high single digit growth implying a soft landing in the US," the brokerage firm said in December quarter result update. "We believe consensus is underestimating growth and margin risks in FY24. "While digital technology (DT) services will continue to remain a key theme for the next several years, we believe that 'willingness-to-spend' will be constrained by 'ability-to-spend' as enterprise customers battle earnings pressure from commodity and wage inflation, supply chain challenges, reduced consumer spending power, higher interest rates and likely below-trend growth in western developed economies," analysts said in January report.

Sarbjeet Singh, Jammu Tawi, March 15: Despite a recent crackdown and all-out efforts of the district civil and police administration, the illegal mining of minor minerals- sand, bajri and gravels in Salal and Arnas areas of Reasi district has been going on in full swing despite opposition by local residents and environmentalists. The menace which had been on

Tsalal
Jammu-and-kashmir
India
Jammu
Rajouri
Poonch
Jammu-tawi
India-general
Amit-gupta
Reasi-babila-rakwal
Bhushan-parimoo
Saiter-nallah

460 kanals land retrieved in Sgr, Anantnag;

52 K from Nedous Hotel, 12 K at Karan Nagar, 15 K from heirs of Mir Qasim, 1 K from Peerzada, 2.7 K from PDP’s Farooq Andrabi, 2 Hotels sealed The District Administration Srinagar Tuesday launched massive scale anti-encroachment operations in all Tehsils of District to evict Government Land from the illegal occupants and

Jammu
Jammu-and-kashmir
India
Pgarh
Madhya-pradesh
Anantnag
Nagri
Jharkhand
Banihal
Hiranagar
Uttar-pradesh
Batote

DDC Chairpersons hoist National Flag in districts across Jammu division on R-Day - Jammu Kashmir Latest News | Tourism

Impressive parade, scintillating cultural shows enthrall audience Excelsior Correspondent JAMMU, Jan 27: Patriotic fervor and nationalistic spirit marked the celebration of 74th Republic Day across Jammu Division. The District Development Council (DDC) Chairpersons hoisted the National Flag at district level functions amid a huge presence of enthusiastic citizens. KATHUA: The main function was held at Sports Stadium where DDC Chairman, Col Mahan Singh (Retd) unfurled the Tricolor and took salute at the March past. Contingents drawn from Police, PTS, CRPF, […]

Jammu
Jammu-and-kashmir
India
Rajouri
Udhampur
Kishtwar
Mahatma
Rajasthan
Kashmir
Ramban
Padma
Jharkhand

Patriotic fervor, gaiety mark 74th Republic Day Celebration in Jammu Division

Patriotic fervor, gaiety mark 74th Republic Day Celebration in Jammu Division
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Jammu
Jammu-and-kashmir
India
Rajouri
Udhampur
Kishtwar
Mahatma
Rajasthan
Kashmir
Banihal
Udhampur-district
Ramban
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