Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely loss of market share, and difficult business environment. "We expect Wipro to underperform peers on growth once again in FY25 as channel checks and media reports suggest Wipro is losing share with select clients across multiple verticals.
If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.
24 hours was all it took for the Congress to overturn its decision to boycott the TV debates on the exit poll results. Sudhir Bisht offers an explanation.
Australia has banned women's cricketer Piepa Cleary for six months, with another 18 months suspended, for placing bets on a men's test match between Australia and New Zealand in November.
The eyes, the smile, the style, the attitude... Diana Penty was a doll on the ramp.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
When it comes to electric cars, the electric dream is turning out to be a six-letter word starting with f, ending with y, and having antas in between, notes Suveen Sinha.
US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.
The decision to impose a 28 per cent tax on the full face value of bets placed on online games will be implemented from October 1 even though there was demand for a review from states like Delhi and Goa, finance minister Nirmala Sitharaman said on Wednesday. The GST Council -- the highest decision making body of the new indirect tax regime that comprises Union finance minister and representatives of all states -- discussed the language of amendments that will be needed to enabling taxing online gaming, she said after the panel meeting.
The father of Manchester United and England striker Wayne Rooney has been cleared of involvement in an alleged betting scam, media reports said on Monday.
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
The former Aus leg-spinner then went on to place a bet with Ganguly, asking him to buy him dinner and wear the Australian jersey if the Aussies would win the June 10 ICC Champions Trophy match against England and he in turn would wear the England jersey if the Poms won.
Paris has been working on cleaning up the Seine so that people can swim in it again, as was the case during the 1900 Paris Olympics. But a sewer problem last summer led to the cancellation of a pre-Olympics swimming event.
Betting in football will be at the top of the agenda at next month's meeting of FIFA's executive committee.
Israel Defence Forces (IDF) on Tuesday announced that the ground personnel massing on the southern border were ready to 'invade' Gaza, The Jerusalem Post reported.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
Ireland's Olympic Council is investigating an allegation that one of its competitors at the London Games previously bet on an opponent to win an event in which they were both competing, a spokesman said on Saturday.
Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.
Six people have been arrested on betting charges during the first Test in Kanpur.
Delhi Police claimed to have smashed two betting rackets during Indian Premier League match between Chennai Super Kings and Kings XI Punjab with the arrest of three persons and recovery of cash and other articles.
'Success is in the hands of the audience. I learn from what they like or dislike, and take the next step further.'
There's more trouble coming for IPL betting scandal accused Gurunath Meiyappan, an ex-official of Chennai Super Kings, and actor Vindoo Dara Singh. The police on Friday said their voice samples matched the tapped telephonic conversation in which they were purportedly discussing matches and betting activities.
Facing protests from a section of the Rajput community over Union Minister Parshottam Rupala's remarks, the Bharatiya Janata Party in Rajasthan's Chittorgarh -- a Rajput-dominated seat -- is hoping that the 'Modi factor' and the development work undertaken by his government will help it retain the Lok Sabha constituency.
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
His comments evoked sharp criticism following which it was deleted.
The Reserve Bank of India's (RBI's) job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das. RBI's rate setting panel, Monetary Policy Committee (MPC), had met for three days from February 6-8. The panel decided to leave the key policy rate unchanged at 6.5 per cent for the sixth time in row.
In the fall-out of all the controversies surrounding the Indian Premier League, a burning debate has ensued, and at the centre of the debate is the legalising of betting in cricket.
They turned showstoppers at the Lakme Fashion Week x FDCI.
India should legalise betting to stamp out corruption in cricket, says former England captain Geoffrey Boycott.
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
FICCI said India is losing billions of dollars in taxable revenue (an estimated Rs 12-20,000 crore annually) through black marketing operations in sports betting.
'Modi is trying avenues to convince people why they should vote for the BJP.'
Illegal betting is as big a threat to the integrity of sports as doping and could one day hit the Olympics, International Olympic Committee president Jacques Rogge said on Thursday.
Two Italian players, including the country's number one Potito Starace, have been banned by the ATP for betting on tennis matches, the Italian Tennis Federation (FIT) said on Saturday.
The Russian was embroiled in a betting controversy after he retired from his match against Vasallo Arguello in Sopot last week.
Tennis accounted for nearly three quarters of all the suspicious betting alerts issued last year, the European Sport Security Association (ESSA) said in a report published on Thursday.
Describing India as a 'grey market' for gambling in cricket, former International Cricket Council chief Ehsan Mani urged the International Cricket Council to ask the Indian government to legalise betting.
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