The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
Heart-breaking stories of sorrow and shock began emerging from various parts of Kerala as people learned about the death of their loved ones.
Sania confirms divorce with Shoaib, wishes Pakistan cricketer well for new journey
Investors should use a mix of active and passive funds.
Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets within 6-9 months of raising fresh capital. Its chief executive Akshaya Moondra said rollout of the modern 5G telecom services is one of the objectives of raising the capital from the public and once the funding comes, it will start work on the rollout. "With this round of funding, we believe we will be able to (come) back to participate in the industry growth which has not been possible," he said.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
The root of the problem, according to industry officials, is the sudden stoppage of lines of credit to tea plantation companies.
'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'
Cricketers, shaped by diverse journeys from unexpected corners of the country, serve as a testament to the power of unwavering belief.
Swastika's father Sandeep, who is also her coach-cum-training partner, has been rendered jobless for more than four months and is finding it difficult to pay the rent for the house they are staying in at Navi Mumbai.
The ninth episode of Koffee with Karan Season 8 sees Bollywood's Singham Ajay Devgn grace the couch along with Director Rohit Shetty.
Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, makes his predictions for the New Year.
The lives of the kids Deepa Bhatia portrays in the series are bleak, with small periods of sunshine when they get picked for an ad or serial, punctuating the longer periods of struggle, observes Deepa Gahlot.
Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.
Among the Sensex firms, Bajaj Finance jumped the most by 4.64 per cent. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers. Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies were the major laggards.
Kumar reportedly accused the financier of charging exorbitant interest on some loans obtained by him, and harassing him over the same.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
Talking on the Wisden Cricket Monthly Podcast, Grave said that he is sick of the phrase that the 'world cricket needs a strong West Indies' team', especially when it is doing all it can to weaken it.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.
Relationship problems? Let rEDIFF Love Guru help.
Mayank Rautela distils his 20-odd years of experience in human resources management to tell you how you can ace in your career.
Indians are among the least financially literate people across the globe with youngsters and women struggling most with their finance knowledge due to lack of discussions within the families on money management issues.
Eben Esterhuizen, a financial news analyst and writer for The Panelist, asks the question of the month: is this the end of the commodity bull run? History suggests that commodity prices will move lower if the US enters a recession, and historical evidence also rejects the notion that emerging market growth will continue to support commodity prices during a US recession.
A part-time job will not only support you financially but also help you learn skills that will help you grow in your career.
Troubled Vodafone Idea Ltd (VIL) has filed a review petition in the Supreme Court after the apex court recently dismissed its plea for rectification of the alleged errors in the calculation of adjusted gross revenues-related dues. In the petition, filed earlier this week, VIL has said it is "a travesty of justice" that the company is restrained from questioning the arithmetical errors/ omission which are going to cost it about Rs 25,000 crore (Rs 5,932 crore of principal plus interest, penalty and interest on penalty). VIL has said its contentions have been rejected by the order under review and added that this denial could result in the company going under and its about 27.3 crore subscribers being left "high and dry".
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.
All-rounder Rachin Ravindra continued to bolster his reputation with three for 33 as New Zealand reduced a weakened but battling South Africa side to 220 for six on the first day of the second Test at Seddon Park on Tuesday.
His dream of being inside the global top-100 has been realised but Sumit Nagal is nowhere close to being a content man as the Indian tennis ace says he now faces the challenge of improving or holding on to his standing for direct entry into Grand Slams and the Paris Olympics.
Reminiscing his tumultuous childhood days, India pacer Jasprit Bumrah revealed that there was a time when he could only afford just one pair of shoes and T-shirt.
rediffGURU R P Yadav offers career advice on how you can improve your core skills and make the most of your talent at the workplace.
Unemployment has been rising among the young, with authorities suspending data disclosures after youth unemployment crossed 20 per cent.
Grandmaster Vidit Gujrathi on Tuesday said "everything came together" for him at the Grand Swiss event on his way to the Candidates.
The challenge isn't in selling -- it's easy to sell when the market peaks. The real challenge is in buying back.
Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.
The company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
'Most young taxpayers prefer income tax filing to be flexible yet straightforward.'
Showtime is watchable but never engrossing, notes Sukanya Verma.
South Africa's decision to send a second-string side for Tests in New Zealand was a "wake-up call", said Cricket Australia chief Nick Hockley.
