The Indian IT services industry is waging a war against moonlighting. Wipro chairman Rishad Premji has said that the company has fired 300 employees in the past few months for working for direct competitors while being on the rolls of Wipro.
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5th Dec 2023 | Updated at 11:16pm 5th Dec 2023
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Google adjusts India app store policy after CCI command
After failing to receive any quick remedy from the courts against the CCI order, which ruled that it had abused its dominant position and engaged in anti-competitive conduct in India, Google has begun to make modifications to its policies regarding...
Adani Group founder Gautam Adani has overtaken Reliance Industries chairman Mukesh Ambani to become the richest man in India for the first time with a...
The jump in retail inflation in August to 7% has triggered apprehensions that India’s Reserve Bank (RBI) may unveil a sharper than expected interest rate increase to tame price pressures. This has dashed hopes that the central bank was shifting...
India’s exports went up 1.6% to $33. 9 billion in August, compared to a 1% decrease estimated earlier, while imports shot up 37% to $62 billion, pushing up the trade deficit to $28 billion, more than twice last year’s level.
India’s wholesale price inflation (WPI) moderated to an 11-month low in August on the back of easing prices of fuel and power, manufactured food and non-food items but remained in double digits for 17th month in a row.
Air India has unveiled a 5-year plan called ‘Vihaan.AI’ to focus on its growth in network and fleet, revamping its customer proposition, enhancing reliability...
Gautam Adani became the world's second richest person, but only for a brief period. The tycoon surpassed Amazon boss Jeff Bezos and Louis Vuitton's Bernard Arnault to grab the second spot with a net worth of $154.7 billion, showed Forbes' real-time...
The finance ministry said that India's gross direct tax collections grew 30 per cent to £83.6 billion till September 17 of current fiscal year on higher advance tax mop-up buoyed by the economic revival post pandemic.
Most of major Gujarat public sector units (PSUs) have outperformed market indices this year, despite worsening inflation and the Ukraine-Russia war. The majority of these state companies have given higher returns, up to 138%, this calendar year.
Captains Niraj Chandan (head of flight safety), Vishesh Oberoi (head of operations) and Sorab Variava (head of training) – three senior executives of Jet Airways have resigned from their posts ahead of the relaunching of the airline. These posts...
