Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.
Here's a look at the biggest disappointments of IPL 2025 -- the players who've cost crores but delivered crumbs.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Many states are realising that hosting mega events puts the spotlight on them and raises their profile.
'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'
The trader not only predicted a Trump win but also wagered on Trump's success in both the popular vote and several key swing states.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
The Brutalist reaches its full potential, thanks not just to its writing and its technical brilliance but also Adrien Brody's performance, applauds Deepa Gahlot.
Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.
When asked about on what kind of 'hell' he was talking about, Trump said, "You'll find out, and they'll find out -- Hamas will find out what I mean."
The Bharatiya Janata Party (BJP) is set to form its government in Delhi after winning the recent assembly elections. Party leaders have stated that the new chief minister should be chosen from the elected BJP MLAs, with several contenders emerging from the newly-elected members. The decision on the next chief minister is expected to be made after Prime Minister Narendra Modi returns from his foreign visit around February 15.
Have you ever wondered why some people seem to achieve extraordinary wealth while others struggle to make their money work for them? The secret isn't luck -- it's strategy, says Ramalingam Kalirajan
Former IPL boss Lalit Modi has questioned the entry of private equity firm CVC Capital Partners in the Indian Premier League due to its investments in companies linked to betting activities.
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
The BJP's victory in the Delhi Assembly elections has sparked speculation over who will lead the next government. Several prominent leaders, including Pravesh Verma, Ashish Sood, Pawan Sharma, Vijender Gupta, and Satish Upadhyay, are in the running for the chief minister's post. The party's national leadership is expected to make the final decision, leaving the contenders in a state of anticipation.
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
'With an achievement like this, Gukesh could even be endorsing global brands.'
The fast-growing Indian online gaming sector is facing a significant threat from money laundering, necessitating urgent steps to ensure its sustained success and protect the country's robust digital economy, a report said on Thursday. The essential measures outlined in a report by the Digital India Foundation include forming a dedicated task force for illegal operators, creating a whitelist of legal operators, combating misleading advertisements, and incorporating principles of financial integrity and international cooperation.
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
Jake Paul is betting on himself to beat boxing legend Mike Tyson when the pair meet in the ring in Texas on Friday.
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.
Legendary Andre Agassi said Carlos Alcaraz combines the best qualities of Novak Djokovic, Roger Federer and Rafael Nadal but cautioned the tennis world against expecting the Spaniard to repeat the incredible feats of the 'Fab Three.'
The Devara actor certainly knows how to have fun with fashion.
'Expect India to keep doing well irrespective of geopolitics.'
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.
BCCI ACU chief calls for match-fixing law, legalised betting to contain corruption
Double Olympic medallist Neeraj Chopra is among only three track and field athletes retained in the sports ministry's revamped TOPS core group.
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.
Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.
'Republic Day week has consistently been a lucrative period for the film industry.'
Despite multiple headwinds at the start of 2023, the Indian markets delivered a strong performance, posting 19-20 per cent growth for the year. Even as new records were set, investor sentiment remains strong going into 2024, given the lower inflation, expectations of steady to lower interest rates, higher economic growth, and strong inflows. However, the overriding concern for most brokerages is valuations.
'It will bring the next wave of awareness and pursuit of excellence from people who want to take chess as a game or a competitive sport or even as a career.'
England have included five uncapped players for their Twenty20 series against Australia, and Gus Atkinson, Harry Brook, Matthew Potts and Jamie Smith have been named for the One-Day Internationals, the country's cricket board said on Monday.
Airline stocks have been soaring following a steep decline in crude oil prices and sustained passenger traffic. Analysts have particularly turned bullish on the stocks of InterGlobe Aviation and SpiceJet. On December 20, shares of InterGlobe Aviation (IndiGo) hit a record high of Rs 3,009 on the BSE, having surged 43.24 per cent year-to-date (YTD).
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
