Latest news with #279
Hans India
24-07-2025
- Business
- Hans India
Big-ticket deals help Infy raise guidance for FY26
Infosys posted a sound set of first quarter numbers as it recorded strong sequential growth in revenues with robust deal Bengaluru-headquartered company increased the lower end of its revenue growth guidance for FY26 to 1-3 per cent from 0-3 per cent earlier. In the April-June quarter, Infosys reported an 8.7 per cent increase in its consolidated net profit to Rs6,921 crore. Its revenue stood at Rs42,279 crore, a rise of 7.5 per cent over the same period of last year. In dollar term, revenue was at $4.94 billion, an increase of 2.6 per cent sequentially in constant currency term. 'Our growth in Q1 was broad-based. Our large deal wins stood at $3.8 billion. A large driving factor is our success in enterprise AI (implementation). The economy worldwide has come to a stable situation, but it is not fully settled. As we get closer, we narrowed our guidance keeping in mind the changes seen in the US and Europe,' Salil Parekh, CEO of Infosys, said in the post results press conference. 'We have benefited from deployment of AI agents and from consolidation (deals) that clients have looked at us and being positive,' he added. For the quarter, operating margin of Infosys was at 20.8 per cent, a dip of 20 basis points from previous quarter. The company maintained its operating margin guidance of 20-22 per cent for the whole financial year. 'We continue to leverage Project Maximus to make investments in strategic priorities to drive profitable growth,' JayeshSanghrajka, Chief Financial Officer of Infosys, said. During the June quarter, financial services vertical grew 5.6 per cent YoY basis, while manufacturing vertical rose 12.2 per cent. Energy vertical saw a growth of 6.4 per cent, while retail grew marginally at 0.4 per cent.
The Sun
23-07-2025
- Business
- The Sun
Melaka sets RM1,279 PGK threshold for JKM aid applications
MELAKA: A Poverty Line Income (PGK) threshold of RM1,279 has been set as a key criterion for individuals applying for Social Welfare Department (JKM) assistance in Melaka. State Women, Family and Community Development Committee chairman Datuk Kalsom Nordin confirmed the figure during the State Legislative Assembly session. The rate, determined by the Economic Planning Unit (EPU) under the Ministry of Economy, is based on the Household Income, Expenditure and Basic Amenities Survey conducted by the Department of Statistics Malaysia (DOSM). 'The PGK for Melaka is set at RM1,279, while the federal rate is RM1,198 for the entire household, (based on data) released by the EPU in 2022,' Kalsom said in response to a query from Datuk Zaidi Attan (BN–Serkam). Four assistance schemes are available under the PGK framework: Child Assistance, Senior Citizen Assistance, General State Assistance, and Disabled Persons Assistance. Applicants exceeding the PGK threshold may still qualify for other schemes, including the Disabled Workers Allowance (income limit RM1,700), Chronic Patient and Disabled Persons Care Assistance (RM5,000 and below), Bantuan Anak Pelihara, and the Apprentice Training Allowance—both without income restrictions. Additional subsidies include the Autistic Children's Learning Fee Subsidy (per capita income RM4,000 and below) and Childcare Fee Subsidy (per capita income RM800 and below). As of June 2025, JKM has disbursed RM79.8 million to 29,247 recipients across various aid programmes. – Bernama
France 24
02-07-2025
- Business
- France 24
Thailand-Cambodia border conflict 'instrumentalised, weaponised' for internal political purposes
13:37 02/07/2025 'Thailand is an autocracy: The system is loaded against progressive parties' Asia / Pacific 27/06/2025 Qosh Tepa canal project in Afghanistan marks milestone in water management Asia / Pacific 26/06/2025 Pools and slides as North Korea set to open 'world class' tourist resort Asia / Pacific 25/06/2025 Netanyahu claims 'historic' victory over Iran as fragile ceasefire holds Asia / Pacific 24/06/2025 China: Truck with driver inside dangling in mid-air Asia / Pacific 21/06/2025 India's Modi joins crowds to celebrate world yoga day Asia / Pacific 14/06/2025 Netanyahu's call for Iranian resistance 'did not resonate' on the ground Asia / Pacific 14/06/2025 The crash of the Air India Boeing 787 left at least 279 dead Asia / Pacific
France 24
02-07-2025
- Business
- France 24
'Thailand is an autocracy: The system is loaded against progressive parties'
06:58 27/06/2025 Qosh Tepa canal project in Afghanistan marks milestone in water management Asia / Pacific 26/06/2025 Pools and slides as North Korea set to open 'world class' tourist resort Asia / Pacific 25/06/2025 Netanyahu claims 'historic' victory over Iran as fragile ceasefire holds Asia / Pacific 24/06/2025 China: Truck with driver inside dangling in mid-air Asia / Pacific 21/06/2025 India's Modi joins crowds to celebrate world yoga day Asia / Pacific 14/06/2025 Netanyahu's call for Iranian resistance 'did not resonate' on the ground Asia / Pacific 14/06/2025 The crash of the Air India Boeing 787 left at least 279 dead Asia / Pacific 13/06/2025 India: Witnesses and sole survivor recount the first minutes after the crash Asia / Pacific 12/06/2025 India plane crash: All 242 on board flight to London killed this morning Asia / Pacific
France 24
24-06-2025
- Business
- France 24
China: Truck with driver inside dangling in mid-air
00:36 21/06/2025 India's Modi joins crowds to celebrate world yoga day Asia / Pacific 14/06/2025 Netanyahu's call for Iranian resistance 'did not resonate' on the ground Asia / Pacific 14/06/2025 The crash of the Air India Boeing 787 left at least 279 dead Asia / Pacific 13/06/2025 India: Witnesses and sole survivor recount the first minutes after the crash Asia / Pacific 12/06/2025 India plane crash: All 242 on board flight to London killed this morning Asia / Pacific 03/06/2025 South Korean voters head to polls after months of political turmoil Asia / Pacific 02/06/2025 South Korea votes for new president after martial law turmoil Asia / Pacific 31/05/2025 Pentagon chief pushes to raise defence spending in face of China 'threat' Asia / Pacific
