Daily Archive: July 13, 2018

Infosys Net Profit Falls To Rs 3,612 Crore In April-June, Bonus Issue Approved

IT major Infosys posted a net profit of Rs 3,612 crore, 2.1 per cent lower than Rs. 3,690 crore in the last quarter, the company said on Friday. However, on a year-on-year basis, the net profit increased by 3.7 per cent. Infosys posted a revenue growth of 5.8 per cent on a quarter-on-quarter basis and 5.8 per cent on a year-on-year basis to Rs 19,128 crore for the quarter under review. Infosys board approved the issue of one free equity share for every equity share held (1:1 bonus issue).

For the financial year ended March 31, 2018, Infosys had reported an increase of 11.7 per cent in its consolidated net profit at Rs 16,029 crore.

Rains lash Delhi after heavy overcast conditions

New Delhi, Jul 13 (PTI) Rains lashed several parts of the national capital today, following heavy overcast conditions that had plunged the city into near darkness during the afternoon hours, prompting vehicles to ply with headlights on.

According to a Meteorological department official, several parts of the city witnessed rains.

The minimum temperature was recorded at 27.8 degrees Celsius, a notch above the season’s average.

According to the MeT department, the humidity level recorded at 8.30 am was 74 per cent.

The weatherman has predicted more rains in various parts of the national capital.

"The maximum temperature is expected to settle at around 34 degrees Celsius," the MeT department official said.

The minimum temperature yesterday was 28.6 degrees Celsius, while the maximum temperature was 37.8 degrees Celsius.