Software profits sparkle, shares drag

Software profits sparkle, shares dragMUMBAI, NOV 6: Software firms have reinforced their reputation for high growth with average earnings ...

MUMBAI, NOV 6: Software firms have reinforced their reputation for high growth with average earnings soaring more than 100 per cent for the second quarter of 2000/01 (April-March).

But the results showed a dichotomy between large andmid-sized firms, he said, with EBITDA margins of the large firms growing by 5.5 per cent over the year-ago quarter and smaller firms’ margins rising to 22.5 per cent from 22.1 per cent. Other income from gains in foreign exchange fluctuations was higher for many firms which earn a majority of their revenue from overseas. The rupee depreciated by three per cent versus the dollar over the quarter, and by 5.3 per cent since March 31.

Men who opened fire outside actor Disha Patani’s home killed in encounter in Ghaziabad

Cities3 hr ago

Two men belonging to the Rohit Godara-Goldy Brar Gang were killed in an encounter in Ghaziabad, suspected to be involved in the firing outside Disha Patani's residence. The duo, identified as Ravindra and Arun, were wanted in multiple cases and were spotted by the police through CCTV footage. UP CM Yogi Adityanath had directed for a speedy investigation and strict action against the perpetrators.

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