Overall attrition jumped to 20.6 per cent in the quarter, a 400 basis points rise over 16.6 per cent in the earlier quarter.
Infosys was the worst performer among the bluechips on both the key indices.
The whistleblower, claiming to be an employee working in the finance department, said he was submitting a 'whistleblower complaint' unanimously as the matter stated was 'volatile' and that he feared retaliation on disclosing the identity.
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
These top level changes have come soon after Flipkart co-founder and Group CEO Binny Bansal resigned over allegations of serious personal misconduct in November.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
When he is not running Amazon, he buys museums to live in, donates mountains, and works on space travel.
Nail-biting moments gave way to celebratory mood at the command centre of Indian Space Research Organisation in Bangalore on Wednesday, as its Mars Orbiter Mission or Mangalyaan entered the red planet's orbit.
According to the latest annual report for 2017-18, the percentage of the company's employees in the age group of 18-25, came down to 28.16 per cent, from 31.19 per cent in the previous financial year.
For the March 2017 quarter, Wipro expects revenues from IT services business to be in the range of $1,922 million to $1,941 million.
Here's a glimpse of all that happened around the world last month, in 14 images.
The report, however, did not include sales of Flipkart's subsidiaries Myntra and Jabong.
From spreading updates about the brand and upcoming devices to creating personalised world-of-mouth goodwill for Xiaomi -- its online army of fans have swelled parallelly with Xiaomi's fortunes in the country.
Its revenue from operations, however, grew 8.3 per cent to Rs 14,541 crore during the period under review from Rs 13,423.4 crore in the same quarter last year.
From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Revenues from IT services segment, which accounts for a significant portion of the company's topline, stood at $2.013 billion, remaining flat sequentially and up by 5.8 per cent year-on-year.
Urjit Patel, Binny Bansal, Nirav Modi and Rahul Gandhi personify the big trends that defined 2018. Well, almost...
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
The proposed campus will come up on around 125 acres, which the company will acquire from airport authorities, and would house as many as 3,000 employees.
Pilot project in Bengaluru; Snapdeal got into the category last month
The company's growth was driven by a decline in total expenses, lower finance cost and higher other income.
nternally, Wipro has been pushing for 'automation'. However, when it comes to profitability, the Bengaluru-based company has a long way to go. Wipro chief executive officer Abidali Neemuchwala says while the benefits are going mostly to clients, they would start reflecting in the company's bottom line.
Bengaluru's average home prices are Rs 4,000 a sq ft.
The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
Maintaining that the situation is peaceful, police said stringent action would be taken against miscreants or vandals.
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
Amid chants of 'Om' and recitation of 'Mantras' for universal peace, millions across the globe today joined in spectacular celebrations to mark the inaugural International Day of Yoga, in a tribute to the ancient Indian spiritual and exercise discipline known to balance mind, body and spirit.
'ISRO provides a very positive atmosphere. What matters here is your talent, not your gender,' says Ritu Karidhal, Deputy Operations Director, India's Mars orbital mission, Mangalyaan. A fascinating excerpt from Minnie Vaid's Those Magnificent Women And Their Flying Machines, Isro's Mission To Mars.
'And the same trust was evident in the Karnataka election.'
Ten images that show it's an odd, odd world we live in.
Its share among top three e-commerce players grew to 57% in March 2017 from 45% in June 2016
Hewlett Packard currently owns 60.5 per cent of BSE and NSE-listed Mphasis.
Here's a glimpse of all that happened around the world last month.
Netflix and Prime have decided that rather than only buying the rights to Bollywood blockbusters to expand their reach in India, producing original content would be a better idea.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
These 10 images show that it's an odd world out there.
These images from across the globe tell that it is a crazy world out there.
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