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Mumbai (Maharashtra) [India], October 16 (ANI): The Indian share market opened on a positive note on Thursday, supported by optimism over a possible India-US trade deal expected in November. However, experts cautioned that the markets are currently in an overbought zone and may witness some correction in the near term. The Nifty 50 index opened at 25,394.90, gaining 71.35 points or 0.28 per cent, while the BSE Sensex started the day at 82,794.79, up by 189.36 points or 0.23 per cent. Market s ...Read More >
At a startup in India, developers are improving AI chatbots that communicate like humans. LimeChat aims to drastically reduce customer service jobs by automating responses, cutting staff by 80% for 10,000 monthly queries. Cofounder Nikhil Gupta says once clients hire their AI agents, they won't need to hire people again. At a startup office in this Indian city, developers are fine-tuning artificial-intelligence chatbots that talk and message like humans. The company, LimeChat, has an audacious ...Read More >
Born in India, Scaling Globally: Clodura.AI Unifies GTM Workflows with India's First GenAI Platform Born in India, Scaling Globally: Clodura.AI Unifies GTM Workflows with India's First GenAI Platform 4 min read Last Updated : Sep 30 2025 | 12:05 PM IST PRNewswire Pune (Maharashtra) [India], September 30: Across India's boardrooms and global sales floors, GTM leaders face a common frustration: Why does booking a single meeting require juggling five different tools? Sales teams burdened by blo ...Read More >
Wipro founder chairman Azim Premji has declined Chief Minister Siddaramaiah's request to allow limited vehicular movement through the company's campus in Bengaluru, saying that it is an exclusive private property owned by a listed company, not meant for public thoroughfare. He also said that allowing public vehicular movement through Wipro's Sarjapur campus will cause "significant legal, governance, and statutory challenges". Chief Minister Siddaramaiah had on September 19 written to Premji to ...Read More >
(RTTNews) - Indian shares traded lower on Friday, extending recent losses after the Trump administration said it would impose new tariffs on heavy trucks, drugs and kitchen cabinets. The benchmark BSE Sensex was down 310 points, or 0.4 percent, at 80,847 in early trade, while the broader NSE Nifty index dropped 94 points, or 0.4 percent, to 24,797. IT stocks such as Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies were down 1-2 percent after Accenture issued cautious guidance for FY26 a ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
BENGALURU: Wipro founder chairman Azim Premji has declined Chief Minister Siddaramaiah's request to allow limited vehicular movement through the company's campus in Bengaluru, saying that it is an exclusive private property owned by a listed company, not meant for public thoroughfare. He also said that allowing public vehicular movement through Wipro's Sarjapur campus will cause "significant legal, governance, and statutory challenges". Chief Minister Siddaramaiah had on September 19 written t ...Read More >
New Delhi, Sep 15 (PTI) Wipro Limited Monday announced an expanded partnership with CrowdStrike for an AI-powered unified managed security service (MSS) that seeks to simplify and fortify enterprise security operations. Announcing the partnership, the release noted that organisations today face a high volume of alerts from siloed security tools that fail to stop adversaries. Further, it said, fragmented security operations across endpoints, cloud workloads, identity, and data drive complexity, ...Read More >
Indian Real Estate Investment Trusts (REITs) are generating an average yield of 6-7.5 per cent for unitholders, better than many mature markets, including the US, according to a report by Credai and Anarock. Credai, the apex body of Indian real estate developers, and property consultant Anarock released a report 'Indian REITs - A Gateway to Institutional Real Estate' at an event here. At present, there are five listed REITs in India - Brookfield India Real Estate Trust, Embassy Office Parks RE ...Read More >
(Reuters) -Indian software-services exporter Wipro said it will buy U.S.- based firm Harman's digital transformation solutions (DTS) arm for $375 million to sharpen its AI-led engineering services. The unit, Harman Connected Services, is part of Samsung's Harman International. As part of the agreement, over 5,600 DTS employees, across the Americas, Europe and Asia will transition to Wipro upon the closing of the transaction by the end of the year, subject to regulatory approvals. Harman, best ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) The Indian benchmark indices opened flat on Thursday, as IT and pharma stocks showed considerable gains. The BSE Sensex advanced 0.15 per cent to 80,657 points. The Nifty 50 inched up to 24,638, up 21 points or 0.08 per cent. Among the broader market indices BSE SmallCap added 0.12 per cent and the BSE MidCap climbed 0.30 per cent. Sectorally, Nifty Metal lost 1.05 per cent while Nifty IT and Nifty Pharma surged 0.76 per cent and 0.93 per cent, respectively. Th ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
New Delhi, Aug 8 (PTI) Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 crore in the year-ago period, according to a regulatory filing. The company's revenue from operations rose slightly to Rs 84.11 crore in Q1 FY26, from Rs 8 ...Read More >
New Delhi [India], August 6 (ANI): Indian stock benchmarks oscillated in a narrow range on Wednesday, ending the day marginally lower, highlighting widespread profit booking and cautious investor behaviour amid Trump tariffs uncertainty.Sensex closed the day at 80,543.99 points, down 166.26 points or 0.21 per cent, while Nifty closed at 24,574.20 points, down 75.35 points or 0.31 per cent.The RBI monetary policy announcements, largely in line with expectations, had hardly any impact on the marke ...Read More >
HCLTech CEO C Vijayakumar earned $10.85 million (about ₹94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to $18.6 million (about ₹154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of ...Read More >
Bengaluru: HCLTech CEO C Vijayakumar has emerged as the highest-paid Indian IT CEO, crossing the $10 million mark and topping the compensation charts.US-based Vijayakumar earned Rs 94.6 crore in the 2024-25 financial year, which comprised a base pay of Rs 15.8 crore, a performance-linked bonus of Rs 13.9 crore, long-term RSUs worth Rs 56.9 crore, and a bonus of Rs 1.7 crore. Vijayakumar's peers include TCS CEO K. Krithivasan, who earned Rs26.5 crore for the 2023-24 financial year, marking a 4.6% ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax ...Read More >
Mumbai, July 18: Reliance Industries on Friday reported a strong 78 per cent year-on-year (YoY) jump in its consolidated net profit for the first quarter (Q1) of FY26, reaching Rs 26,994 crore. The company's revenue from operations also rose 5.3 per cent to Rs 2,48,660 crore compared to Rs 2,36,217 crore in the same quarter previous year, according to its stock exchange filing. The company's operating performance also improved significantly. Its earnings before interest, taxes, depreciation and ...Read More >
Indian equity markets edged lower on Wednesday, mirroring Asian market trends after the US inflation data release. Investors are exercising caution ahead of key corporate earnings reports and developments in US trade talks. Sectorally, auto, metal, and financial services faced declines, while Dixon Technologies surged following an acquisition announcement. Indian equity benchmarks opened slightly lower on Wednesday, tracking weakness in Asian peers after an uptick in US inflation data. Investor ...Read More >
ET Intelligence Group: Wipro's June quarter performance was better than the muted expectations of analysts. The company continued to report traction in new deals helped by the sustained business momentum in the recently acquired entities. While the management stated that uncertainty in the global business environment persisted, it also highlighted that the new deal wins consisted of some of the contracts that resulted from vendor consolidation, reflecting its competitive offerings. In addition, ...Read More >
New Delhi, Jul 18 (PTI) Shares of IT services firm Wipro climbed over 4 per cent on Friday morning trade after it posted a 9.8 per cent increase in consolidated net profit for the April-June quarter. Cheering the results, the stock rallied 4.43 per cent to Rs 271.80 on the BSE. At the NSE, it jumped 4.33 per cent to Rs 271.90. India's fourth-largest IT services firm Wipro on Thursday posted a 9.8 per cent increase in consolidated net profit to Rs 3,336.5 crore for the April-June period, buoye ...Read More >
The Indian Hotels Company Limited (IHCL) is India's largest hospitality company by market capitalisation (₹1.08 trillion), offering a unique blend of Indian warmth and world-class service through a diverse portfolio of brands. Indian Hotels share price: Indian Hotels Company Limited (IHCL) share price was buzzing in trade on Friday, July 18, 2025, with the scrip rising as much as 1.63 per cent to an intraday high of ₹766.40 per share. At 9:30 AM, IHCL share price was trading 0.91 per cent high ...Read More >
BENGALURU: Wipro's revenue declined by 2.3% in constant currency during the June quarter, though the drop remained within its projected guidance range of -3.5% to -1.5%."We started the quarter facing significant macro uncertainty, which kept overall demand muted. Our clients prioritised initiatives with immediate impact, focusing on cost optimisation and vendor consolidation. At the same time, they accelerated their AI, data, and modernisation programs. We saw a clear trend of many AI projects m ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy ...Read More >
Bengaluru: Wipro's revenue declined by 2.3% in constant currency during the June quarter, though the drop remained within its projected guidance range of -3.5% to -1.5%."We started the quarter facing significant macro uncertainty, which kept overall demand muted. Our clients prioritised initiatives with immediate impact, focusing on cost optimisation and vendor consolidation. At the same time, they accelerated their AI, data, and modernisation programs. We saw a clear trend of many AI projects m ...Read More >
Bengaluru: LTIMindtree Ltd began the new fiscal year on solid footing, reporting revenue growth in line with expectations, led largely by clients in Europe and the retail segment. India's sixth-largest IT services company on Thursday reported $1.15 billion in revenue for the June-ended quarter (Q1FY26), a 1.97% sequential rise. This matched the consensus estimate from a Bloomberg poll of 31 analysts. Nearly three-fourths of its incremental revenue of $22 million came from clients based in Euro ...Read More >
New Delhi: Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the quarter was at 17.3 per cent, a contra ...Read More >
New Delhi, Jul 17 (PTI) The Delhi High Court has directed Wipro Limited to pay Rs 2 lakh compensation to a former employee sacked with defamatory remarks in the termination letter. Justice Purushaindra Kumar Kaurav on July 14 expunged the contentious remarks on the professional character of the employee and asked the company to issue him a fresh termination letter. Also Read | India Cautions NATO Chief Mark Rutte Against Any 'Double Standards' on Sanctioning Countries Trading With Russia. "Te ...Read More >
New Delhi, Jul 17 (PTI) The Delhi High Court has directed Wipro Limited to pay Rs 2 lakh compensation to a former employee sacked with defamatory remarks in the termination letter. Justice Purushaindra Kumar Kaurav on July 14 expunged the contentious remarks on the professional character of the employee and asked the company to issue him a fresh termination letter. "Termination letter, replete with stigmatic language and bereft of any foundation, constitutes actionable defamation. The remarks ...Read More >
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