×
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

From the Newsroom: Karnataka CM BS Yediyurappa expands Cabinet; Infosys clocks 16.6% growth in net profit

Last Updated 13 January 2021, 13:39 IST

In your evening news brief, From The Newsroom, Karnataka Chief Minister B S Yediyurappa expanded Cabinet; government approves procurement of 83 indigenously-developed light combat aircraft Tejas for the Indian Air Force; IT major Infosys has clocked a growth of 16.6% in its net profit and Google says it would support Joe Biden's efforts to pass a new US immigration law.

Here is the top news of January 13, 2021:

The government has approved the procurement of 83 indigenously developed light combat aircraft Tejas for the Indian Air Force at a cost of Rs 48,000 crore. This Defence Minister Rajnath Singh said will be a "game-changer" for self-reliance in defence manufacturing in India.

The decision was taken at a meeting of the Cabinet Committee on Security chaired by Prime Minister Narendra Modi.

Karnataka Chief Minister B S Yediyurappa expanded his Cabinet by inducting seven ministers.

This is the third expansion of the cabinet since Yediyurappa assumed charge in July 2019 after the collapse of the Congress-JDS government after 17 MLAs of the coalition partners revolted. The Cabinet is a mix of the old guard and newcomers from the Congress and the JDS.

IT major Infosys has clocked a growth of 16.6% in its net profit, outperforming its rival Tata Consultancy Services (TCS) yet again.

TCS had reported a 7% year-on-year increase in net profit for the quarter end December 31 at Rs 8,701 crore.

Google said that it would support Joe Biden's efforts to pass a new US immigration law and would help cover application fees for immigrants seeking lawful work under a threatened government program.

It said it would pay for the application fees of about 500 young immigrants seeking employment under the Deferred Action for Childhood Arrivals program.

ADVERTISEMENT
(Published 13 January 2021, 13:39 IST)

Follow us on

ADVERTISEMENT
ADVERTISEMENT