BENGALURU: Wipro has emailed fresh graduates hired under its Work Integrated Learning Programme (WILP), asking whether they would like to transition to regular employment. People aware of developments attributed the move to urgent project ramp-ups, prompting the company to onboard talent sooner.WILP offers fresh BCA and BSc graduates an opportunity to begin their careers while…
MUMBAI: Life Insurance Corporation will soon take measures to increase the yield on its real estate assets, which have a book value of Rs 16,000 crore post-revaluation and a market value of over Rs 45,000 crore. Officials said that while real estate typically yields 3-4%, the capital gains are much higher. The corporation has also…
MUMBAI: Nykaa’s net profits more than doubled to Rs 67.7 crore on a consolidated basis in the Dec quarter from Rs 26.4 crore in the year-ago quarter. Revenue from operations increased to Rs 2,873.2 crore from Rs 2,276.2 crore in the year ago period on the back of robust consumer demand for beauty products and…
India’s telecom operators together owed more than Rs 1.77 lakh crore in adjusted gross revenue (AGR) dues to the government up to FY25, with Vodafone Idea accounting for the largest share, according to official data shared with Parliament, PTI reported.The data showed that debt-laden Vodafone Idea’s total liability stands at Rs 89,952 crore. Bharti Group’s…
The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…
Sebi on Thursday barred 15 individuals from securities markets for three years and imposed a total penalty of Rs 3.6 crore for manipulating shares of Unison Metals through misleading stock recommendations circulated on telegram channels. In addition, the regulator directed 10 individuals to disgorge an unlawful gain of over Rs 3.87 crore, which is to…
US stock markets declined on Thursday as weakness in technology stocks, led by Alphabet, dragged benchmark indices lower, while bitcoin and precious metals also recorded sharp losses, according to AP.The S&P 500 fell 0.8% and was heading toward its sixth loss in the seven days since setting an all-time high. The Dow Jones Industrial Average…
Bitcoin slipped below $70,000 on Thursday for the first time since Donald Trump’s election victory in November 2024, as the world’s largest cryptocurrency remained under pressure from a broader pullback in risk assets, AFP reported.The cryptocurrency dropped to as low as $69,821.18 before moving back above the $70,000 level. The decline comes after Bitcoin had…
State-run Life Insurance Corporation of India (LIC) reported a 17% year-on-year rise in consolidated net profit at Rs 12,930 crore for the December quarter, compared with Rs 11,008 crore in the same period last year.The country’s largest life insurer reported net premium income of Rs 1.26 lakh crore in Q3FY26, up 17% from Rs 1.07…
Benchmark indices Sensex and Nifty closed lower on Thursday, breaking a three-session winning streak as weak global market cues weighed on sentiment. After opening on a weak note, the 30-share BSE Sensex extended losses, falling 503.76 points or 0.60 per cent to settle at 83,313.93. During intraday trade, it dropped as much as 666.07 points…
