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Home  Business

Business

Wipro likely to cut hundreds of mid-level jobs

Wipro likely to cut hundreds of mid-level jobs

  • Centre slashes import duty on mobile phone parts to 10 pc

    The finance ministry said in a notification that the import duty on parts such as battery covers, main lens, back cover, other mechanical items of plastic and metal, among others, has been reduced to 10 per cent.
  • Rupee trades in narrow range against US dollar

    Forex traders noted the rupee trading within a limited range, influenced by the prevailing strength of the American currency in the global market and concerns over foreign fund outflows impacting investor sentiments
  • Markets bounce back after weak beginning

    Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from.
  • PayPal laying off about 2,500 employees to ‘right-size’ the company

    PayPal CEO Alex Chriss said in an internal memo that the staff who are affected will be notified by the end of the week.
  • IKEA announces doorstep delivery in more areas across Telangana, AP

    The expansion comes into play as IKEA continues to see demand and visits from thousands of customers hailing from nearby cities and towns to shop from the IKEA stores.
  • Startup India Innovation Week: Piyush Goyal chairs roundtable with 40 unicorns

    Minister Piyush Goyal urged the unicorns to come together and set up a unicorn club or association that would come up with solutions for access to capital for startups in the country.
  • Rolls-Royce, Hyderabad-based Azad Engineering join hands to make defence aero-engine components

    Through this strategic partnership, Azad Engineering will join the global supply chain for complex category components for Rolls-Royce’s technologically advanced aero engines.
  • Satya Nadella’s February visit to India, focus on AI opportunities

    "Microsoft's Chairman and CEO, Satya Nadella, is set to engage with India's developer community and technologists, exploring new opportunities with AI," the company announced.
  • Indian stock indices in green at opening bell Monday

    Domestic investors are now bracing for a busy week with Finance Minister Nirmala Sitharaman's budget proposals and other macro-economic guidance, due on Thursday, will be keenly tracked.
  • Bernard Arnault returns as world’s richest man as Musk loses $18 bn

    With a combined net worth of about $426 billion at the time, Musk and Arnault had lunch in Paris in June last year. They met at Cheval Blanc, a luxury hotel chain owned by Arnault's LVMH.
  • Flipkart co-founder Binny Bansal officially exits board

    Earlier this month, Binny announced a new venture called 'OppDoor', which will help e-commerce companies expand operations globally by providing them with end-to-end solutions.
  • Flipkart co-founder Binny Bansal officially exits board

    "Flipkart is in a robust position, with a strong leadership team and a clear path forward, and with this confidence, I have decided to step aside, knowing the company is in capable hands," Binny said in a statement.
  • Cops shut down 3,000 person game of hide-and-seek at IKEA

    The trend for using IKEA’s giant warehouses for games began in Europe a few years ago - and has seen people hiding in fridges, under beds and in the firm’s big blue shopping bags.
  • India’s forex reserves drop by USD 2.8 billion

    The central bank's weekly statistical data revealed a decline of USD 2.653 billion in India's foreign currency assets (FCA), the largest segment of the forex reserves, bringing the total to USD 545.855 billion by the end of the week.
  • Sebi streamlines reporting requirements for designated depository participants, custodians

    Sebi has provided the reporting requirements along with periodicity in the circular.
  • Inshorts CEO Azhar Iqubal to make debut on ‘Shark Tank India 3’

    Azhar, a visionary who has transformed news consumption, shares a passion aligned with the goals of 'Shark Tank India 3,' focusing on localized solutions that meet global standards
  • Microsoft surpasses $3 trillion valuation, second only to Apple

    In recent months, Microsoft's stock has been surging, driven by its focus on artificial intelligence (AI) in collaboration with OpenAI
  • Sony terminates merger agreement with Zee Entertainment

    As per the deal, the merger was to be completed before December 21, 2023, including regulatory and other approvals with grace period of one month to complete the transaction.
  • Watch: Man gets ‘old discarded’ laptop instead of Rs 1.13 lakh model

    Souro Mukherjee posted a video on X showcasing the delivery agent unboxing the laptop.
  • Taking action: Amazon acknowledges CCPA notice on sale of ‘Ram Mandir prasad’

    Amazon acknowledged that it has received a communication from the CCPA regarding misleading product claims by certain sellers and said it is "investigating them for violations"
  • TASL signs contract with Boeing to manufacture advanced composite assemblies

    This contract further bolsters TASL’s endeavor to become the leading composite technology supplier in the global aerospace markets
  • Volvo rolls out its 10,000th Indian-made car

    The Swedish luxury car maker commenced assembly operations in India in the year 2017, with the ever-popular XC90 being the first car to be assembled and rolled out.
  • Markets rebound in early trade after three days of fall

    The 30-share BSE Sensex jumped 657.45 points to 71,844.31 in early trade after a firm beginning. The Nifty climbed 194.75 points to 21,657.
  • Rupee falls 1 paisa to 83.14 against US dollar in early trade

    Forex traders said positive cues from domestic equity markets and lower level of dollar provided support to the Indian currency.
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