Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry Delaporte and named Srinivas Pallia as the new chief executive officer effective immediately. Wipro's Board noted the resignation of Delaporte with effect from April 6, 2024, the company said in a BSE filing, and added he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.
The benchmark National Stock Exchange Nifty has rallied 4 per cent, or 750 points, from this month's low to end at 19,732 on week ending November 17. Technical analysts say the market could consolidate around the current levels as it is nearing the resistance zone. "The near-term uptrend status of the market remains intact, but there is a possibility of some more consolidation or minor weakness for the Nifty in the next one to two sessions.
The BCCI on Tuesday named Ajit Agarkar as chairman of the Senior Men's Selection Committee.
"Very few people know that Aamir didn't like the way the song Aati Kya Khandala was shot. He scrapped the song's first shooting and they had to re-shoot the song and this time it was mind blowing."
'This is a huge responsibility and I look forward to working closely with talented players and providing them with the right preparation and guidance to excel.'
Celebrities from the music fraternity paid their respects to Panditji at his State funeral in north west Mumbai.
'He is a perennially positive guy.' 'He is generous with advice and never petty about anything.'
Yash Chopra's wife Pamela Chopra passed into the ages on the morning of April 20, and film folk arrived at the Chopra residence to offer their condolences.
Ajit Agarkar was linked to the chief selector's post in the past as well, but this time, he is likely to get the high pressure job.
Suryakumar Yadav's superior performance will put Shreyas Iyer's slot in the team in danger once Hardik Pandya is back.
India's leading commodity exchange, National Commodity and Derivatives Exchange (NCDEX), and private weather forecasting company Skymet took a significant step towards launching the country's first tradeable weather index on Monday (August 14) by entering into an agreement to deepen their understanding of the impact that weather has on agricultural commodities. The memorandum of understanding (MoU) between NCDEX and Skymet is a profound step in the direction of linking farmers with the weather in a scientific way, according to an official statement. Sources indicate that NCDEX and Skymet will conduct workshops and seminars across the country to educate farmers about how they can scientifically use weather forecasts to hedge risks.
While the wedding was an intimate affair featuring only family and close friends, the couple hosted a grand reception for industry folk.
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'
'Some risks to this market rally include inflation, erratic weather conditions, rising crude prices, slowing global growth and the resultant impact on domestic exports, escalation in geopolitical tensions.'
Sukanya Verma recaps all those events from 25 years ago.
A video of the incident has gone viral on social media even as the police on Sunday arrested four persons in connection with the attack that left members of the family injured.
The Gauhati high court on Thursday acquitted all six accused in the 2004 Dhemaji bomb blast case in which 18 people, including 13 school children, were killed on Independence Day.
Muzumdar was the only one to appear for the interview in person.
When you smoke a cigarette you get 1 mg of nicotine is ten minutes. Nobacco gives you the same nicotine in the same time, but it's cleaner.
'The stockbroker should have a good balance sheet to support its scale of operations. It should also have proper risk management in terms of margins so that it doesn't go bankrupt during extreme market movements.' 'The broker must have a track record of navigating several market cycles in an ethical and transparent manner.'
Among the Sensex firms, Tech Mahindra, Tata Motors, Bharti Airtel, Wipro, Bajaj Finserv, HCL Technologies, Bajaj Finance, Larsen & Toubro, Mahindra & Mahindra and UltraTech Cement were the biggest laggards. IndusInd Bank, Power Grid, HDFC Bank, ICICI Bank, NTPC, Reliance Industries, HDFC and Tata Steel were the prominent winners.
'We don't make films which have scope for great music anymore.'
Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm's profit. According to the Form 20-F, filed with the US Securities and Exchange Commission by Wipro, Premji's compensation for FY23 was $951,353, down 50 per cent from $1,819,022 in FY22. "Rishad A Premji is entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of Wipro Limited over the previous fiscal year. However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the Company determined that no commission was payable for fiscal year 2023 to Mr Rishad A. Premji," said the company in the filing.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
Meanwhile, teammate Udhayveer Sidhu also made it to the ranking matches but finished fourth to be eliminated. He was seventh in qualification with a score of 569.
'Do you know the opening two lines of Mehndi Lagake Ke Rakhna -- Yeh kudiyan nashe di pudiya, yeh munde gali de gunde -- was not only written by Bakshisaab but also composed by him in one sitting on Yashji's request?'
The Adani group stocks continued to remain under pressure on Friday, falling up to 20 per cent in morning trade, after the US-based investment research firm Hindenburg Research made damaging allegations. Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19 per cent, Adani Green Energy plunged 15.50 per cent and Adani Enterprises tanked 6.19 per cent on the BSE. Also, Adani Ports and Special Economic Zone fell 5.31 per cent, Adani Wilmar dipped 5 per cent and Adani Power declined 4.99 per cent.
Chetan and his colleague Harvinder were in Delhi to watch the home team's match against Tamil Nadu, while Sunil Joshi is in Hyderabad watching the game between Assam and Hyderabad.
Hitting back at Prime Minister Narendra Modi for his corruption jibe at the Opposition, Congress president Mallikarjun Kharge on Wednesday accused him of running a "bhrashtachari bhagao abhiyan" (make the corrupt flee campaign), and said that he must stop his image makeover by posing as an anti-corruption crusader.
On a serious note, the Cricket Advisory Committee is expected to shortlist 10 names for the high-profile positions.
"This decision was taken at the recent Apex Council meeting and it will be the same like the way BCCI has it. The modalities will be worked out by the Association's Cricket Improvement Committee (CIC)," a senior MCA official said.
A former member of the Taarak Mehta Ka Ooltah Chashmah cast has accused Producer Asit Kumarr Modi and two others of sexual harassment, a charge they denied, claiming she was let go from the show due to misbehaviour.
'I would put my hand in the ground and have a little listen to what the mountain was doing.' 'Actually, it was still collapsing.' 'And there was a very real possibility that at some stage, without warning, the collapse could continue -- and continue across us, the people who were doing the rescue and also across to the men on the other side, who were being rescued.'
India is likely to experience below-normal monsoon rainfall this year, with a 20 per cent chance of drought due to the end of La Nina conditions and the potential for El Nino to take hold, private forecasting agency Skymet Weather said on Monday.
The big names in Indian cricket, of late, have opted to stay away when it comes to applying for the national selector's job.
Delhi, daddy issues, drivers, domestic help, politics, patriarchy, sexuality, sexism, choices, compromises, community, religion, real estate, motherhood, marriage -- Gulmohar offers a loaded, layered understanding of familial relationships and its indirect impact on the people at the periphery, notes Sukanya Verma.
The onset of the southwest monsoon is being keenly watched this year as it may provide an early sign regarding its progress over the Indian subcontinent, particularly when El Nio is expected to rear its head during the latter half of the season.
Sachin Tendulkar has seen Sourav Ganguly in various avatars
'The IPL should form the selection basis for the T20 team and at the most the ODI team.'