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Previous Congress government on August 5, 2019 passed the "Rajasthan Prohibition of Interference with the Freedom of Matrimonial Alliances in the Name of Honour and Tradition Act, 2019". Rajasthan Governor Haribhau Bagade returned the Bill to limit honour killings which was passed under the
A 22-year-old citizen of India has been indicted in New York for his role in a scheme to smuggle Indian nationals from Canada across the northern border into the United States. Shivam, whose last name is not known, is charged with one count of conspiracy to illegally bring aliens to the United
At 37, Divya Surepalli stepped into a category that barely exists on the civilian sporting map of India. In 2024, she became the first licensed civilian woman skydiver from Andhra Pradesh, joining fewer than 20 women nationwide who have pursued the sport beyond a one-time tandem jump
Entry of heavy and commercial vehicles will be restricted on several routes in Faridabad and adjoining areas in view of the 16-day Surajkund International Atmanirbhar Craft Fair beginning from January 31. Faridabad DCP (traffic) Maqsood Ahmed said on Thursday that between January 31 and February 15
While Bangladesh qualified for their 7th ever ICC Women's T20 World Cup, the Netherlands created history by securing their maiden spot. Bangladesh and the Netherlands secured two of the four available spots at the ICC Women's T20 World Cup 2026 as the Super Six stage of the Qualifier commenced on
New Delhi: Delhi Traffic Police issued a traffic advisory in view of an official function scheduled at Mahatma Gandhi Smriti Sthal, Rajghat, on January 30 to mark Martyrs' Day. The event is expected to be attended by several dignitaries, prompting heightened security arrangements and traffic
The UGC NET December 2025 results are expected to be declared soon by the National Testing Agency (NTA) on the official website ugcnet.nta.nic.in. Once released, candidates will be able to check their results using their application number or roll number and date of birth
Facebook India net jumps 28% in FY25
Facebook India Online Services reported a 28.1% increase in net profit to Rs 647 crore for the fiscal year ended March 31, 2025, compared with Rs 505 crore in the previous year, according to the company's financial data accessed by Tofler.
Revenue from operations rose 25.0% to Rs 3,793 crore from Rs 3,035 crore a year earlier. Total income increased 25.2% to Rs 3,834 crore from Rs 3,064 crore.
Total expenses for the year climbed 22.6% to Rs 2,881 crore, compared with Rs 2,350 crore in the previous fiscal. Employee benefit expenses jumped 36.3% to Rs 649 crore from Rs 476 crore.
Facebook India Online Services Private Limited is engaged in selling advertising inventory to customers in India and in providing IT-enabled support and design support services to Meta Platforms Inc.
The company earns advertising revenue through the display of advertisements on Facebook, Instagram, Messenger and third-party affiliated websites or mobile applications. It also generates income under service agreements with Meta's US entity for IT-enabled business process outsourcing services.
Gross advertising revenue increased by about 29%, rising from Rs 22,731 crore to Rs 29,392 crore. It paid royalty charges of Rs 23,247 crore, a nearly 30% increase compared with Rs 17,887 crore.
With effect from August 1, 2022, the company entered into an operating licence agreement with Meta Platforms Inc. (Meta USA). The licence agreement granted the company a non-exclusive licence to commercialise intellectual property in connection with advertising sales activities in India.
Under the new arrangement, the company compensates Meta USA with royalty payments for commercialising its intellectual property and infrastructure charges for the maintenance of infrastructure.
Source: EconomicTimes
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