A bonus is given to existing stockholders in proportion to the number of shares they already hold.
At times of slow growth, India has seen number of graduates doubling since 2008 to almost 25 million in 2016
'Wipro's strength has been innovation and that will continue.'
HCL Technologies on Monday said its founder Shiv Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board. Nadar, chief strategy officer and managing director of the company, on completing 76 years of age, has tendered his resignation as the MD as well as the Director with effect from close of business hours on July 19, according to a regulatory filing. "In order to continue to benefit from his vast knowledge, experience, and wisdom in an advisory role, the Board of Directors in its meeting held today, after considering the recommendations of the Nomination & Remuneration Committee, has approved the appointment of Shri Shiv Nadar as the 'Chairman Emeritus and Strategic Advisor to the Board' for a term of five years with effect from July 20, 2021," it added.
To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.
Infosys on Friday said it is in discussion with clients for a contingency plan to ensure business continuity in the event of the US immigration reforms bill becoming a law.
Chennai-based Helios & Matheson Information Technology Ltd on Tuesday said it has acquired two companies, Maruthi Info Tech Inc, USA and Jayamurthi Software Systems, Chennai, for a cash payment of $7.5 million.
Analysts say no pressure on new CEO for immediate results.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Infosys announced acquisition of digital commerce company Kallidus for $120 million.
The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
California-based telecommunications equipment provider UTStarcom Inc is making major inroads into the Indian market with an unannounced sales deal worth more than $100 million with Reliance Infocomm
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
N Chandrasekaran received Rs 2.62 crore (Rs 26.2 million) as perks.
Given the costs, you would need to be a high-value target for a government agency to spend this sort of money, points out Devangshu Datta.
Only 10 per cent of stocks account for 93 per cent of investments.
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