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'Decision in 10 minutes': Rishad Premji on firing of top Wipro staffer for integrity violation
'Decision in 10 minutes': Rishad Premji on firing of top Wipro staffer for integrity violation

Bengaluru,  Wipro Chairman Rishad Premji on Wednesday revealed that one of the organisation's top 20 staff members was shown the door in connection with huge integrity issues.

Addressing the Nasscom Product Conclave here, Premji, who had earlier created a storm over termination of hundreds of staffer

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Competition Commission penalises OYO, GoIbibo, MakeMyTrip
Competition Commission penalises OYO, GoIbibo, MakeMyTrip

New Delhi,  The Competition Commission of India (CCI) on Wednesday imposed penalties of Rs 223.48 crore and Rs 168.88 crore on MMT-Go (GoIbibo and MakeMyTrip) and OYO, respectively, for anti-competitive conduct.

The Competition watchdog also directed MMT-Go to amend its market behaviour, for indulging in

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Meta's corporate development head to step down after 12 years
Meta's corporate development head to step down after 12 years

San Francisco,  Meta's top executive Amin Zoufonoun, who led Facebook's acquisitions of Instagram, WhatsApp, and Oculus, has confirmed that he is leaving the tech giant after 12 years.

In a Facebook post, Zoufonoun, designated Vice President of Corporate Development at Facebook, wrote: "Lead

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ITC Hotels signs Welcomhotel Jabalpur
ITC Hotels signs Welcomhotel Jabalpur

New Delhi,   ITC Hotels announced the signing of a Welcomhotel in Jabalpur under a management contract with A.R.V. Hotels Private Limited.

Welcomhotel Jabalpur will offer 124 rooms, more than 15,000 sq. ft. of banquet space along with two restaurants, swimming pool, spa and a fitness centre.

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Mumbai: Adani to install 1.80 mn Smart Meters for BEST power consumers
Mumbai: Adani to install 1.80 mn Smart Meters for BEST power consumers

Mumbai,   The Adani Group has bagged a bid to install 10.80 lakh (1.80 million) "Smart Meters" for electricity consumers of the Bombay Electric Supply & Transport (BEST), which will 'empower' the distributor to cut-off the power supply of bill defaulters automatically, officials said here on

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HK's Hang Seng index hits 13-yr low
HK's Hang Seng index hits 13-yr low

Hong Kong,  Shares in Hong Kong on Thursday slumped to the lowest level since the global financial crisis.

The benchmark Hang Seng index fell by more than 3 per cent to its lowest level since May 2009, before regaining some ground, reports the BBC.

Investors are also concerned about the th

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Global VC investment falls for 3rd straight quarter: Report
Global VC investment falls for 3rd straight quarter: Report

 

New Delhi,  Global VC investment fell for the third straight quarter, from $136.8 billion in the second quarter of 2022 to $87 billion in the third quarter of 2022, a new report said on Thursday.

According to the Q3'22 edition of Venture Pulse -- a quarterly report, published by KPMG

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States being provided pulses at less than market rate for midday meals: Centre
States being provided pulses at less than market rate for midday meals: Centre

New Delhi,  The Centre is providing pulses to states at Rs 8 per kg, less than the market rate of Rs 42 per kg (issue price) for use in midday meals as well as other food related schemes, to streamline the stock of pulses.

This move was cleared by the Cabinet a month ago and since then, considerable amou

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'Gold and Silver for medium to long term as investment'
'Gold and Silver for medium to long term as investment'

Chennai,  With uncertainties in the world - economics and geopolitics - investors having medium to long term outlook can have gold and silver in their portfolio, said Motilal Oswal Financial Services Ltd.

A 20 per cent allocation to gold exchange traded funds (ETF) in an investment portfolio during Diwal

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Diwali Muhurat Trading: Invest in WealthBaskets for long-term wealth creation
Diwali Muhurat Trading: Invest in WealthBaskets for long-term wealth creation

New Delhi, Oct   In addition to purchasing stocks and equities ahead of this year's Diwali Muhurat trading session, investors can now invest in WealthBaskets, powered by WealthDesk, an investment technology platform that is developing the Unified Wealth Interface (UWI), an internet-scale wealth management ecos

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