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Myanmar fighters agree China-brokered pullout from ruby town

Posted on October 29, 2025 By admin
Myanmar fighters agree China-brokered pullout from ruby town

The northern ruby-mining town of Mogok was captured by rebels last summer, but the Ta’ang National Liberation Army (TNLA) — the most powerful group driving that offensive — said it will now pull out. File. | Photo Credit: AP One of Myanmar’s most powerful ethnic armed opposition factions has agreed to a China-brokered withdrawal from…

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India considering $12 billion plan to bail out State power distributors

Posted on October 29, 2025 By admin
India considering  billion plan to bail out State power distributors

Under the proposal, at least 20% of the State’s total power consumption must be met by private companies and the states must assume part of the retailer’s debt, according to the Power Ministry presentation. File. | Photo Credit: K. Bhagya Prakash India is considering a bailout exceeding ₹1 trillion ($12 billion) for debt-laden State-run power…

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Cognizant Q3 net income falls 53% to $274 million; revenue rises 7.3% to $5.4 billion

Posted on October 29, 2025 By admin
Cognizant Q3 net income falls 53% to 4 million; revenue rises 7.3% to .4 billion

U.S. based IT major Cognizant, which has a substantial number of employees in India, on Wednesday (October 29, 2025) reported a 53% drop in net income for Q3 2025 to $274 million, hit by a one-time, non-cash income tax expense of $390 million. Cognizant – which follows a January-December financial year– had posted a net…

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