Sukanya Verma recaps all those events from 25 years ago.
Bengaluru-based Infosys has announced that 80 per cent of the variable pay will be distributed to eligible employees for the quarter ending June 30, according to media reports. This amount will be included with the August month's salary. In contrast, Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23.
The stock of Godrej Consumer Products Limited (GCPL) fell about 3.7 per cent in trade after its Q3FY24 earnings disappointed brokerages and led to downgrades. Further, the stock, after a 15 per cent run-up over the past month prior to Monday's correction, had already factored in the upside from the business front. Its peer in the consumer space, Marico, too, saw a 4 per cent drop in its stock price.
Producer Madhu Mantena got married to yoga guru and Rediff.com Contributor Ira Trivedi on June 11 in Mumbai, and threw a star-studded reception to celebrate with their friends.
HTP founded the Housing Development and Finance Corporation (HDFC), back in 1977, and for the first time made it possible for salary-earning, middle-class Indians to become home owners long before retirement.
'You don't want to see the film, don't see it. I want to see the film. Why are you stopping me?' asks Dadasaheb Phalke Award winner Asha Parekh.
Meet the winners of the Filmfare OTT Awards 2023.
Maharashtra Chief Minister Eknath Shinde was among those who mourned her loss, and visited her home.
'Der aaye durust aaye, better late than never.'
The 68th National Film Awards saw actors from across India get together for the prestigious ceremony in New Delhi.
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Both HDFC and HDFC Bank held general meetings on Friday to seek shareholder approvals for what is billed as the largest merger in Indian corporate history at over $40 billion. At the time of announcing the merger on April 4 this year, the entities had said the merger will take 12-18 months.
Infosys on Thursday posted an 11 per cent year-on-year rise in consolidated net profit to Rs 6,021 crore for the September quarter and also announced a share buyback programme worth Rs 9,300 crore. The IT major will also pay an interim dividend totalling Rs 6,940 crore to the shareholders. The net profit of India's second largest IT services company stood at Rs 5,421 crore in the same period a year ago.
Merry Christmas has a breathtaking climax that will have you sighing like you've never sighed in a Sriram Raghavan movie before, applauds Sukanya Verma.
She hearts PC, cricket and clothes in that order.
'She brought so much craft, skill and spontaneity to her songs, it was almost impossible for me to match up to her voice on screen.'
'A lot of the emphasis when we hire graduates is the learning for these new technologies -- whether it's cloud and digital data analytics, cybersecurity, or IoT, but also some of the new ones, such as Metaverse or other newer areas.'
The Maharaja Sayajirao University of Baroda (MSU) in Vadodara on Wednesday cancelled a seminar after members of the Akhil Bharatiya Vidyarthi Parishad (ABVP) objected to the participation by a professor from Jamia Millia Islamia university.
Infosys on Thursday posted a 13.4 per cent year-on-year increase in consolidated net profit at Rs 6,586 crore for the December quarter and the IT major raised its full year revenue guidance to 16-16.5 per cent. The net profit (after minority interest) stood at Rs 5,809 crore in the third quarter of FY22. The Bengaluru-based IT firm logged a 20 per cent year-on-year increase in consolidated revenue in the third quarter of the current fiscal at Rs 38,318 crore.
Under fire for technical glitches plaguing the new income tax return filing portal, Infosys CEO Salil Parekh on Wednesday said the new portal developed by his company is seeing "steady progress" and already 1.9 crore returns have been filed. He further said that taxpayers' concerns are being "progressively addressed". "We are seeing a steady progress on the income tax system. As of yesterday we had over 1.9 crore returns that have been filed using the new system.
Sukanya Verma remembers the Boss in 30 of his underrated, overlooked gems in Hindi film music.
The first Pinkvilla Style Icons awards was held on June 16 at Mumbai's JW Marriot hotel, and Bollywood's stars walked the red carpet looking their best.
With revenue growth impacted and uncertainty deepening in major markets, India's second largest IT services firm, Infosys, saw a net reduction in its headcount in the fourth quarter of financial year 2022-23 (Q4FY23). Infosys' workforce saw a net reduction of 3,611 employees, bringing its total headcount to 343,234. This was also the first time in many years that the company did not provide a hiring target for the next fiscal.
Glimpses from the Christian Dior Womenswear Fall 2023 show which took place at the Gateway of India, Mumbai.
'They said that my leaving for the Quit India Movement event would be a threat to law and order so I should not leave the police station and to be stationed there till the time they do not get permission.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Rusty cables, broken anchor pins, and loose bolts were among the lapses that were not addressed while renovating the suspension bridge in Morbi which collapsed last month into the Machchhu river killing 135 people, as per a preliminary probe by the Forensic Science Laboratory (FSL).
The controversy about The Kashmir Files may have got all the eyeballs but there was much more to the closing ceremony of the 53rd edition of International Film Festival of India in Goa.
Finance Minister Nirmala Sitharaman on Monday conveyed to Infosys CEO Salil Parekh in no uncertain terms the government's "deep disappointment and concern" over the continuing glitches in the new income tax filing portal and set September 15 as the deadline for the software major to resolve all snags. As glitches continued to mar the functioning of the portal even after over two months of its launch, Sitharaman summoned Infosys MD & CEO Parekh at her office here to know the reasons for not resolving the snags in the portal. A statement issued by the Income Tax Department said that during the meeting the finance minister emphasised that there is a need for putting in more resources and efforts on the part of Infosys so that the much delayed delivery of agreed services is ensured.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
IT company Infosys on Monday said it will prefer a flexible "hybrid" work model going ahead in view of uncertainty around the pandemic situation and allow employees work from home or office depending on the condition. At a conference held virtually, Infosys CEO and managing director Salil Parekh said the company has built a flexible model to facilitate work from home but it is now time to start working on building "social capital". Parekh said that going forward the company will focus on putting in place a hybrid work model as it will depend on how the situation evolves.
'Sulochanaji was indeed a mother-figure to both the Hindi and Marathi film industry.'
After the massive sell-off since October, foreign portfolio investors (FPIs) are no longer the biggest non-promoter-shareholders in top Indian companies. This has happened for the first time in over a decade. "At 25.6 per cent ownership of India's largest 75 companies, domestic investors are now larger holders than FPIs for the first time since 2010," said Morgan Stanley strategists Ridham Desai, Sheela Rathi and Nayant Parekh in a note.
Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.
200,000 hours were spent to create the splendid tapestries which adorned the walls of the Dior show venue.
Meera Chopra was in Cannes to unveil the first look of her film, Safed, co-starring Abhay Verma.
The COVID-19 pandemic has pushed demand and clients understand that every work does not have to be done onsite, which is expected to open a lot more offshoring opportunities from large global markets going forward, according to a top Infosys' executive. The Bengaluru-based company, which logged a 23 per cent jump in its December 2021 quarter revenue, also said its portfolio of services and capabilities, especially on cloud and digital, are resonating well with clients and it sees a good pipeline for that. "In the long run, if you see, COVID-19, while it had a huge impact on demand, the entire ability for the supply side to deliver in a remote environment really will shine up, and that has opened up the eyes of many of our clients that every work does not have to be done onsite.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
'For Modi, it's not just winning, but winning with style.'
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