Wipro’s expanded remote working policy is divided into two categories. Wipro, India’s leading IT services company, has recently expanded its hybrid work policy, effective from October 1. Under the new guidelines, employees are now allowed to work remotely for an additional 30 days per year, subject to the approval of their superiors. This extension of … Read more
Global aerospace company Boeing will start issuing 60-day notices to thousands of workers including many in its commercial aviation division, said a source familiar with the matter. The axed employees will leave the company in mid-January, said a source familiar with the matter as the company prepares to send notices to thousands of staff in … Read more
Tata Group aims to better compete with Indigo, the market leader in the Indian aviation industry. Air India Express vs Indigo: The Tata Group is set to expand the fleet of its budget airline, Air India Express, by transferring all-economy configuration planes from its full-service carriers, Air India and Vistara. This move is part of … Read more
RTGS, which is used for real-time fund transfers between banks, is operated by the RBI. (AI image) RTGS in dollars soon? Real Time Gross Settlement System or RTGS could possibly be expanded to include the settlement of transactions in major trade currencies such as the US dollar, euro, and pound sterling. The RTGS, which is … Read more
The Income Tax Department is set to launch Project IEC 3.0, which promises to bring about significant improvements in the processing of ITRs. (AI image) New ITR e-filing portal soon? The Income Tax Department is set to revamp the e-filing ITR portal with substantial changes aimed at making it more user-friendly for taxpayers. An ET … Read more
Hyundai IPO: Analysts have noted that the issue pricing leaves little room for a strong listing. Hyundai IPO GMP: Investors considering Hyundai Motor India’s record-breaking initial public offering (IPO) should be prepared to hold the stock for at least a year to achieve substantial returns. Analysts anticipate a modest listing for the country’s second-largest car … Read more
According to Nagaraj Shetti of HDFC Securities, Nifty’s short-term trend remains choppy. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Wednesday. While BSE Sensex was below 81,700, Nifty50 was just above 25,000. At 9:22 AM, BSE Sensex was trading at 81,670.33, down 150 points or … Read more
‘Don’t write us down, a revival is around the corner’: Kumar Mangalam Birla on Voda Idea NEW DELHI: In one of the most direct statements on Vodafone Idea’s struggling telecom business, promoter Kumar Mangalam Birla on Tuesday said that the ailing company’s revival is “around the corner” and dismissed doubts over the success of the … Read more
NEW DLEHI: Domestic telecom industry leaders Akash Ambani of Jio and Sunil Mittal of Airtel made use of a platform where PM Narendra Modi was present to complain about easier market access for multinational corporations. While Ambani sought local storage of data of Indians and voiced concern over its movement abroad, Mittal suggested that foreign … Read more
Jio’s objections have already irked Musk who protested suggestions of an auction. “That would be unprecedented, as this spectrum was long designated by the ITU as shared spectrum for satellites,” he posted on X on Monday. In his speech at IMC, Mittal appeared to be going with Jio’s stand. “Satellite operators who want to provide … Read more