Whatever happens to WPP, the marketing communications business will no longer be the same again, says Sreekant Khandekar.
Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.
Of the 18,000 medical students who returned to India last year, 5,000-7,000 have either shifted to universities in Georgia, Russia, Serbia, Uzbekistan, Kyrgyzstan, Kazakhstan and Moldova or are in the process of seeking a transfer to those.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation. This is the sixth time interest rate has been hiked by the Reserve Bank of India (RBI) since May last year, taking the total quantum of hike to 250 basis points. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) by a majority decided to raise the policy repo rate by 25 basis points and keep a 'strong vigil' on inflation outlook.
The Pakistani establishment now believes that the 'time of war' with India is over and the recent telephonic contacts at the highest military level have led to reduction in tensions generated in the wake of troop build up following the Mumbai terror attacks.
Rafael Nadal says he could miss the season-ending ATP World Tour Finals next month because of appendicitis.
'This outbreak has really brought out the best in many people.'
Chirag said "it is difficult to stay motivated" in such uncertain times.
Lump sum investments in equity and hybrid schemes of mutual funds (MFs) declined to Rs 17,900 crore in October - the lowest since January 2021. The fall in lump sum investments comes even as flows through systematic investment plans (SIPs) rose to a new all-time high of Rs 13,000 crore in October. The latest lump sum tally is just a third of the peak inflow of Rs 49,700 crore in July 2021.
Puttaparthi was always bustling with activity every time when Sai Baba was there.
Describing his German coach Klaus Bartonietz as the 'best' for him, Olympic gold-winning javelin thrower Neeraj Chopra on Friday said he would like to continue their spectacular partnership in the 2024 Paris Games as well.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
'India will want a lot of help from the US, but it's not going to want US troops.'
'Thank you for the cinema, thank you for the laughs.'
Candidates should be comfortable working in both online and offline environments, says Jeevan J Arakal.
The new Insurance Bill may take little time to see light of teh day.
Indian captain Bhaichung Bhutia remains a doubtful starter ahead of their Friday's match against Bahrain in the Asian Cup football tournament as he has still not recovered completely from his calf muscle injury, coach Bob Houghton said.
Ferrari's Charles Leclerc will line up alongside on the front row after a final qualifying session that ended with Verstappen's Mexican team mate Sergio Perez crashing at the final corner.
'One of the biggest employment generators, the MSMEs, have not got much from the government.'
The pandemic, and the resulting lockdown, saw many people buy or adopt a puppy without realising that this is a long term commitment, says dog trainer Pooja Sathe Gawande.
'I know my baby will be fine as she finds her way to make a new life for herself,' notes Aarti David.
Last week, Premier League players had launched the Players Together Fund, which primarily aims to help the NHS.
However, with the Munich World Cup being cancelled, sources close to the NRAI said the sport's apex body in India is also under pressure to follow suit, considering the uncertainty arising out of the unprecedented health crisis.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
Technology giant Apple, which recorded $83 billion in revenue for the quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 quarter ended June 25, Apple on Thursday said it has achieved a revenue record of $83 billion, up 2 per cent year-over-year. Apple CEO Tim Cook, during an earnings call, said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."
India's exports recorded a flat growth of 0.59 per cent to $31.99 billion in November, even as trade deficit widened to $23.89 billion during the month, according to the data released by the government on Thursday. Exports stood at $31.8 billion in November last year. Imports rose by 5.37 per cent to $55.88 billion in November as compared to $53.03 billion in the corresponding month a year ago, the data showed. During April-November 2022, exports rose by 11 per cent to $295.26 billion as against $265.77 billion in the same month last year.
'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'
Several members of the Bharatiya Janata Party and the Aam Aadmi Party on Wednesday night exchanged blows and hurled plastic bottles at each other in the chamber of the Municipal Corporation of Delhi (MCD) House, on a day the city got its new mayor.
The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.
From outcast to hero, Steven Finn rediscovered the zing that made him England's youngest bowler to take 50 Test wickets by ripping through Australia and boost the home side's hopes of regaining the Ashes.
Pantaloon Retail, the country's largest retailer, has seen its sales dip for the first time in four years, on subdued consumer sentiment and uncertain prospect of an economic revival. Reflecting the trend, the stock of the company fell 5.1 per cent to Rs 189.8, even as the Sensex rose 3.3 per cent.
The Gujarat government's competitive examination for the recruitment of junior clerks was cancelled hours before it was scheduled on Sunday after its question paper leaked, officials said.
So far, inflation outcomes have closely tracked these projections.
Five Manchester City first team players have tested positive for COVID-19 and will not be involved when they play Chelsea in the Premier League this weekend
Do not ignore tendencies of procrastination, lethargy and fatigue impacting productivity. Watch out. Be open to talk. Seek help, says Dr Samir Parikh.
Project Vivaan won big at the Solar Decathlon, placing second overall (and missing the first position by a whisker). Members of the award-winning Team Shunya tell Mrigank Warrier how they built a carbon-neutral, water-neutral, energy-positive home for a family of four.
Michael Schumacher reckons there's more to the three-way Formula One battle for championship supremacy than just tyres.
Other decisions piled up include rationalisation of GST rate slabs, correction of inverted duty on certain items and inclusion of petroleum products.
Most of the local residents expressed fear that redevelopment will kill the small businesses in Dharavi that it is known for and that they are content with the way things are at present.
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