IT services major Cognizant on Thursday said it is offering bonuses that are "substantially higher than 2019" and has promoted more than 24,000 employees across levels. The step, aimed at helping the company stem attrition, will also see Cognizant moving to a quarterly promotion cycle for billable employees at the senior associate level and below, starting in the June quarter of 2021.
Oscar Piastri won the Azerbaijan Grand Prix and sent McLaren top of the constructors' standings in a race that finished with a virtual safety car after a penultimate lap collision between Ferrari's Carlos Sainz and Red Bull's Sergio Perez.
The ruling Mahayuti alliance in Maharashtra is heavily banking upon a six to 10 per cent shift in voters -- mostly women -- in its favour to return to power with anywhere between 160 and 170 assembly seats, say four MLAs belonging to Eknath Shinde's Shiv Sena.
In doing so, it further cemented the community's determination to support the opposition. But at the same time, it consolidated its Hindu vote bank like never before.
Using mantras from the Bhagavad Gita, Vatsal Ramaiya explains how you can conquer your home loan debt and unlock a world of financial freedom and peace of mind.
Hyundai Motor India Limited's (HMIL's) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has spelled a windfall for the five investment banks steering the share sale. The Indian arm of the South Korean carmaker paid Rs 493 crore - 1.77 per cent of the issue size - in fees and commissions to the book running lead managers (BRLMs), marking the largest-ever payout for an IPO in the country.
Among the 30 Sensex firms, Tata Motors jumped over 4 per cent, followed by Bajaj Finserv, Bajaj Finance, HCL Technologies, ITC, Reliance Industries, Tech Mahindra, Maruti and State Bank of India. Reliance Industries climbed nearly 2 per cent after Mukesh Ambani, chairman and managing director of the firm, said the board of the company will meet on September 5 to consider issuing bonus shares in the ratio of 1:1.
The death of 26-year-old Anna Sebastian Perayil -- who worked on the audit and assurance team at EY Pune, due to 'overwork' her heartbroken mother noted in a letter to EY India chairman Rajiv Memani provoked best-selling author Rashmi Bansal to pen a poem on the perils of overwork in Corporate India.
Billionaire Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over $100 billion each, doubling revenues and pre-tax profit in 3-4 years, new energy business becoming profitable by 2031, and core oil and chemical business continuing to be the robust growth engine. The sprawling conglomerate with interests in refining, oil and gas, petrochemicals, telecom, retail, and media is on track to more than double in size before the end of the decade, Ambani, chairman and managing director of Reliance, told company shareholders.
Spinner Shams Mulani (5/71) and Himanshu Singh (4/77) wreaked havoc by sharing nine wickets between them as defending champions Mumbai crushed Odisha.
'I still enjoy playing it and think a lot of young guys coming through still see it as a good opportunity to play for your country.'
Kajol gets demure... Saqib mourns Streak... Rhea's Chapter 2 phase...
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent.
The film has emerged as an instant success.
It was a proper Test innings, it was of the highest class, and given the circumstances it came in, it was one of the best innings by an Indian batsman in recent memory, applauds Prem Panicker.
Kylian Mbappe, who had a fallout with PSG last year after refusing to sign a contract extension, is seeking around 55 million euros ($60.73 million) from the French club.
McLaren's Lando Norris dominated the Singapore Grand Prix from start to finish on Sunday to take another chunk out of Max Verstappen's Formula One championship lead.
Given that medical inflation is estimated at 15% to 20%, a no-claim bonus can provide added benefit
Charles Leclerc won the US Grand Prix in a Ferrari one-two with Carlos Sainz on Sunday as Formula One championship leader Max Verstappen dealt Lando Norris a significant setback in their title battle.
Daley, whose popularity grew even more after he came out as gay in 2013, had won the Olympic gold medal in the men's synchronised 10-metre platform event at the Tokyo Games.
Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.
'Just a remarkable win...To go to Australia and win a Test series in this way will be remembered in the history of Indian cricket forever... BCCI announces a 5 cr bonus for the team ...The value of this win is beyond any number... well done to every member of the touring party,' BCCI President Sourav Ganguly tweeted.
Over two dozen companies have announced bonus issue so far in 2017
The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular.
Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.
While festive offers can reduce costs, borrowers should also consider the lender's transparency and service quality. Customers need to be mindful of their repayment capacity.
Under regulatory scanner, Bengaluru-based Ola Electric has witnessed an uptick in its sales after facing a decline during the last few months. The company's daily average sales rose to 1,154 units in October, according to Vahan data from the Ministry of Road Transport and Highways (MoRTH). With sales reaching 17,315 units between October 1 and October 15, the company has also boosted its market share to 34 per cent, up from 27 per cent in September, in the electric two-wheeler (e2W) segment.
A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.
The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy.
D Gukesh held reigning world champion Ding Liren of China to a draw in a highly anticipated contest
TCS's mcap crossed $100 billion in 2018, 13.5 years after the IPO. It took only four more years to double its mcap to $200 billion.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
Tech giant Apple's highly anticipated "It's Glowtime" event is set to make waves on Monday, unveiling the new iPhone 16 along with other exciting updates.
The collective wealth of the 100 richest went past $1 trillion for the first time.
ICC is mulling a dedicated fund of at least US$ 15 million for Test cricket that will help increase the players' match fee and address the migration of talent to T20 leagues.
According to Mukesh Ambani, this is the country's largest bonus issue.
D Gukesh and R Praggnanadhaa played out their eighth draw in as many games at the Sinquefield Cup.
World Championship challenger Dommaraju Gukesh survived by the skin of his teeth against compatriot Rameshbabu Praggnanandhaa.
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
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