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Wipro logs 1.4% decrease in gross revenue, net income up 1.8% in Q3

Jan 12, 2024

Bengaluru, Jan 12 (IANS) Software major Wipro Ltd closed the third quarter of FY24 with a lower net profit of about Rs 2,700 crore on a lower revenue. According to the official statement issued on Friday on results for the Quarter ended December 31, 2023, the gross revenue reached Rs 222.1 billion, a decrease of 1.4 per cent QoQ. IT services…

FPI inflows of $ 10.1bn in Dec 2023 are highest ever recorded in a single month

Jan 12, 2024

New Delhi, Jan 12 (IANS) Inflows of US$ 10.1bn in December 2320 are the highest ever monthly inflows recorded in a single month, a research by Bank of Baroda said. The report said that the FPI flows into India witnessed a turnaround…

Business

IT, Realty indices gain 4% during the week

Jan 12, 2024

New Delhi, Jan 12 (IANS) Amol Athawale, Vice-President, Technical Research at Kotak Securities on Friday said that in the last week, the benchmark indices witnessed volatile activity after a roller coaster activity. He said that the NIFTY…

Business

What Motor Vehicle Sales Data and SIAM says on auto industry growth

Jan 12, 2024

The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers and Quadricycle in the month of December 2023 was 18,96,696 units Domestic Sales:

Business

Are we prepared to combat online gender-based violence?

Jan 12, 2024

SHOBHA SHUKLA – CNS Gender-based violence is among the most prevalent human rights violations globally. Urgency is palpable as governments worldwide have less than 7 years to end all forms of gender-based violence and deliver on…

Business

First two quarters to see good FPI inflows, rupee to appreciate: Bank of Baroda

Jan 12, 2024

Chennai, Jan 12 (IANS) After a dismal start, foreign portfolio investments (FPI) flow into India picked up pace, cumulatively totaling $28.7 billion in 2023, said a report by Bank of Baroda. The report also said the trend will continue and…

Business

Digital Connexion’s Chennai Data Center goes on stream

Jan 12, 2024

Chennai, Jan 12 (IANS) Digital Connexion, a three-way joint venture between Brookfield Asset Management (Brookfield), Reliance Industries Limited and Digital Realty on Friday announced the launch of its first data centre campus here.It will…

Business

SpiceJet announces special flight operation from Delhi to Ayodhya on Jan 21

Jan 12, 2024

New Delhi, Jan 12 (IANS) SpiceJet on Friday announced a special flight operation from Delhi to Ayodhya on January 21 catering to passengers attending the Pran Pratishta ceremony at the Ram temple the following day. An official said that the…

Business

Sensex up more than 800 points led by IT stocks

Jan 12, 2024

New Delhi, Jan 12 (IANS) Sensex is now up more than 800 points during afternoon trade on Friday led by IT, banks and real estate stocks.Sensex is up 814 points at 72,535 points.IT stocks are the top gainer on BSE after Infosys and TCS…

Business

Disney-owned Pixar to undergo layoffs this year: Report

Jan 12, 2024

San Francisco, Jan 12 (IANS) Disney-owned animation studio Pixar is set to cut jobs this year, the media reported.According to TechCrunch, citing sources, the job cuts could be significant and as high as 20 per cent -- reducing Pixar's team…

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