Wipro Chief Executive Officer Thierry Delaporte drew a pay package of $8.7 million (around Rs 64.3 crore) in the financial year 2020-21, according to a regulatory filing. Delaporte's compensation is for the period from July 6, 2020, to March 31, 2021, and includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs (restricted stock units). The former Capgemini executive had joined the Bengaluru-headquartered Wipro as its chief executive officer and managing director on July 6, succeeding Abidali Neemuchwala.
HCL Tech was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, Tech Mahindra, HDFC Bank, UltraTech Cement, ITC and Tata Steel. NSE Nifty rose 70.25 points to its all-time high of 15,924.20.
The Sensex stood at 13,786.91 points at the end of 2006 and closed the year 2007 at 20,286.99 points on Monday. It crossed seven thousand-point milestones -- from 14,000 to 20,000 marks -- during the year, which is the maximum for a year.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
A bit of economic reforms stalled and decisions delayed -- what Narayana Murthy spoke of -- don't hurt if a country's compassionate and inclusive social fabric has survived intact; if the country is happy, observes Shyam G Menon.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
'There is so much talk about Netflix and what they should be doing.' 'In two years, SonyLIV has done what Netflix should be doing.'
'Alia is not looking at marriage anytime in the near future.'
'How long could Varun wait? He's in his 30s.'
Delhi Police on Monday announced a reward of Rs 1 lakh for information leading to the arrest of two-time Olympic medallist Sushil Kumar and nine others in connection with the murder of former junior national wrestling champion Sagar Rana earlier this month.
When Singh was about to speak to mediapersons from TV news channels, a man threw ink on his white kurta while shouting "PFI dalal wapas jao".
At present, perpetrators of such acts often get away unscathed as the penalty for the first time offender is just Rs 50 under the Prevention of Cruelty to Animals (PCA) Act, 1960.
Hiten Dalal scored a brisk 79 on debut before Himachal Pradesh fought back to reduce Delhi to 305 for eight at stumps on day one of a Group B Ranji Trophy match, in New Delhi, on Monday.
Quite a few film folk attended a special screening of Ayushmann Khurrana's latest starrer, Bala.
Cumulatively, the total investors' wealth has got eroded by about Rs 2,82,000 crore so far this year.
Despite the current bout of volatility, debt-oriented hybrid funds remain well suited for risk-averse investors.
The BSE benchmark Sensex opened 145 points lower on Thursday after investors' confidence was shaken by Wednesday's serial bomb blasts in the country's financial capital, amid a weakening overseas trend.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
Garvit Kawatra, 19, from Delhi tells us how he changed his diet and lifestyle to lose 45 kg in four months.
As much as we enjoy and write reams and reams about our amazement at the Kantara climax, 30 years on from now, will we remember these portions more fondly or the ones where Shiva is simply hanging out with his friends, mulls Rohit Sathish Nair.
The 30 blue-chip companies, which are part of Sensex, accounted for nearly half of Monday's gain in the overall market capitalisation as the the benchmark index settled with a gain of over 336 points. The total investor wealth, as measured by the cumulative market cap of all the listed companies in the country, rose to about Rs 50.5 trillion, up from nearly Rs 49.5 trillion at the end of last week's trading.
Namrata Thakker looks back at their romance through the years.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
The BSE's 30-share barometer index continued its slide on Friday, fifth straight day, with a fall of 687.12 points led by sharp losses in blue-chips like RIL, DLF, ICICI Bank, Reliance Energy and Reliance Communications. The Sensex has lost 1,813.75 points in last five trading sessions, while investors' wealth -- measured in terms of cumulative market capitalisation of all the listed companies -- has declined by Rs 5,21,310 crore (Rs 5,213.1 billion).
Political controversies aside, Twitter's business in India is expanding, and creating opportunities for Indians, reports Neha Alawadhi.
A round-up of Ranji matches played on Wednesday.
Saif Ali Khan and Kareena Kapoor are enjoying their annual holiday in Gstaad, Switzerland, and this time, they have some friends for company!
'Short term volatility is likely due to various factors, global and domestic; investors may use this as an opportunity to increase the allocation to equities.'
The two men, who were arrested on August 20 from Fatehabad in Haryana's Hisar district, had claimed that they were cow vigilantes who wanted to draw attention towards protection of cows.
Despite headwinds, it remains "structurally bullish" on India and expects the Sensex to scale up to the 70,000-mark by December 2022; 80,000 level in a bull-case scenario and hover around the 50,000-mark as a bear-case, the brokerage house said in a report.
Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.
Held at Ved Niketan Dham in Haridwar from December 17-20, the Dharma Sansad was organised by Yati Narasimhanand Giri of the Juna Akhada, who is already under police scanner for making hate speeches and inciting violence against Muslims.
Family members came out in support of Varun Dhawan and Shraddha Kapoor's new film together, Street Dancer 3D, at its special screening in Mumbai. It has been directed by Remo D'Souza.
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on BSE.
Like every year, Anil Kapoor's wife Sunita invited her friends over to celebrate Karva Chauth.
A round-up of Tuesday's play in the Ranji Trophy.
How did Mumbai tightly control the case-spread deaths while Delhi so obviously did not? And what do the answers imply regarding preparedness for the third wave, asks Omkar Goswami.
We don't have *that* answer, but here's who is queuing up at the altar!
'Before you get married, you should know each other's secrets.' 'You should know all the things that could cause problems later on.'
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