MAM
NDMC issues warnings to illegal hoardings at Connaught Place, Khan Market
NEW DELHI: Taking stern measures against illegal, oversized signages and hoardings installed without permission, the New Delhi Municipal Council (NDMC) issued a legal notice to shop owners of Connaught Place and Khan Market.
As per NDMC, the warning has been issued to the owners in its jurisdiction for the violation of Delhi Outdoor Advertising Policy, 2017.
The notice reads, “All advertisements in the NDMC area are governed by the provisions of Delhi Outdoor Advertisement Policy (DOAP), 2017. In case of violation, any unauthorised advertisement will attract penalty for each day, the amount of which will be decided by the NDMC chairman. Accordingly, the competent authority has approved that penalties may be levied on devices (LDC, LEDs), flex signage installed outside shops without permission or beyond sanctioned size".
According to sources, NDMC might impose an extra penalty, other than the fixed charges to those served notices.
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Meta Q1 profit jumps 61 per cent as revenue climbs to $56.3 billion
Ad growth and AI momentum drive strong quarter with steady margins
CALIFORNIA: Meta Platforms, Inc. posted a robust performance for the first quarter ended March 31, 2026, with net income surging 61 per cent year-on-year to $26.77 billion, driven by strong advertising demand and continued user growth across its platforms.
Revenue rose 33 per cent to $56.31 billion, compared to $42.31 billion in the same quarter last year. On a constant currency basis, revenue increased 29 per cent. Operating income grew 30 per cent to $22.87 billion, while operating margin remained steady at 41 per cent.
Diluted earnings per share jumped 62 per cent to $10.44 from $6.43 a year ago. The results included a $8.03 billion income tax benefit, without which earnings would have been lower.
Meta Platforms, Inc. founder and CEO Mark Zuckerberg said, “We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs. We’re on track to deliver personal superintelligence to billions of people.”
Daily active users across Meta’s family of apps reached 3.56 billion in March 2026, up 4 per cent year-on-year. Advertising remained the primary growth driver, with ad impressions increasing 19 per cent and average price per ad rising 12 per cent.
Total costs and expenses climbed 35 per cent to $33.44 billion, reflecting higher investments in artificial intelligence and infrastructure. Capital expenditure stood at $19.84 billion during the quarter.
Cash flow from operating activities was $32.23 billion, while free cash flow came in at $12.39 billion. The company reported $81.18 billion in cash, cash equivalents and marketable securities as of March 31, 2026.
Looking ahead, Meta expects second quarter revenue to range between $58 billion and $61 billion, with foreign exchange expected to provide a 2 per cent tailwind. Full-year expenses are projected between $162 billion and $169 billion, while capital expenditure guidance has been raised to $125 billion to $145 billion.
With strong ad momentum and continued investment in AI, Meta is maintaining its growth trajectory while preparing for the next phase of digital innovation.
