Delaporte's email to Wipro staff; CXOs looking to upskill in AI
Amid a global generative artificial intelligence disruption, top-rung management professionals are driving demand for AI upskilling courses. This and more in today’s ETtech Top 5.
Amid a global generative artificial intelligence disruption, top-rung management professionals are driving demand for AI upskilling courses. This and more in today’s ETtech Top 5.
Addressing a public meeting, Mamata Banerjee said, "Hold rallies and meetings but do not riot. It is they (BJP) who will riot. Voting is on April 19 and they will riot on April 17. Lord Ram does not tell you to riot but these people will riot and by rioting, they will get the NIA to enter the state."
PM Modi compared Congress to bitter gourd, alleging divide and rule tactics akin to Muslim League in INDI alliance manifesto. He emphasized stability under BJP-NDA versus Congress-INID alliance's 'satta pao, malai khao' mantra and vowed to fight corruption.
As a result, the derivatives contract of Nifty Midcap Select contracts, expiring on May 20, will now expire on May 17.
Justifying his work in an email to employees at Wipro, Thierry Delaporte said that the IT services major is seen as a “transformation partner” by its clients and is set for future growth. This even as Wipro has come under fire in the last few years for underperformance compared to its larger rivals. There has also been multiple senior level exits from the company.
Reliance Jio's JioKrishi and JioGauSamriddhi IoT solutions revolutionize Indian agriculture. From improving crop yield to enhancing dairy farming practices, these devices benefit farmers by providing real-time data and insights for better decision-making.
The outlook for the sector continues to be stable, fuelled by sustained momentum in economic activities, enhanced traction of organised trade and continued support from varied segments like e-commerce, FMCG, retail, pharmaceuticals, and industrial goods.
Positive chart patterns like higher tops and bottoms are intact as per the daily chart, and the present upmove is in line with the new higher top formation of the pattern. The short-term uptrend of the Nifty remains intact, and the next upside levels are around 22,800 (1.618% Fibonacci projection). Immediate support is at 22,520 levels, said Nagaraj Shetti of HDFC Securities.
The states are likely to miss their goals to become a $1 trillion economy. Maharashtra has set a goal to achieve $1 trillion economy by FY28, followed by Uttar Pradesh, Tamil Nadu in 2030 and Karnataka by 2032.
Delhi ministers declined meetings with L-G following Kejriwal's arrest, citing model code of conduct. L-G expressed concerns over education, health, transport, and environment departments, labeling ministers' refusal as insensitive and lacking seriousness. In his letter to the Union home secretary, the L-G said such a consultation was necessary "so that routine works of governance are not hampered" in the backdrop of Kejriwal's detention but the ministers declined his invite on the "specious ground" that the model code of conduct was in force.
BharatPe restructured senior management, appointing Sandeep Indurkar as CEO of payment vertical for Resilient Payments Pvt Ltd. Rijish Raghavan now handles device business, and Kohinoor Biswas leads Zillion, achieving operational profit in October 2023.
Goa's EV subsidy scheme faces poor response, with only 25% of target applicants applying. The scheme aims to promote EV adoption in various vehicle categories and increase BEV market share to 25% by 2024 for environmental benefits.
Bengaluru police have registered a First Information Report (FIR) against BJP MLA Basanagowda Patil Yatnal for allegedly making derogatory remarks about health and family welfare minister Dinesh Gundu Rao's family. The MLA's comments, reportedly targeting Rao's wife Tabassum, prompted her to demand an apology and seek intervention from the Election Commissioner.
BJP President JP Nadda criticized Congress for various scams and corruption allegations during an election rally in Rampur. He accused opposition leaders of being involved in scams and emphasized PM Modi's anti-corruption stance. Nadda highlighted developmental initiatives in Rampur and the progress under BJP rule. Uttar Pradesh's transformation was also discussed.
The company sales rose 51 per cent in the first quarter of this fiscal as compared to 2,440 units in the January-March quarter of 2022-23. Besides, BMW Motorrad sales stood at 1,810 units in the first quarter.
PDP president Mehbooba Mufti claims her party was targeted and leaders were lured or blackmailed post Article 370 abrogation in 2019. She faces challenges in upcoming Lok Sabha polls from Anantnag-Rajouri. Mehbooba vows to raise her voice against oppression despite facing difficulties. She highlights the plight of J&K residents and emphasizes the importance of democracy.
Personal loans occupy a third of the overall AUM at present, and the growth in these loans is likely to be impacted because of the RBI's measures adopted last year, it said. "While co-lending books for all asset classes will grow, the pace of growth for personal loans is expected to be slower than that seen in the recent past," the agency said. The revision in the risk weight of unsecured consumer credit to 125 per cent from 100 per cent earlier will moderate the growth for unsecured loans to 25-35... Читать дальше...
Invest4Edu, with Tanwar and Kotak, serves Indian parents' education planning needs. Revenue from product commissions and service fees. Aim for rapid growth in India's ed-fintech market.
Gold prices in the national capital hit an all-time high on Monday and jumped Rs 350 to Rs 71,700 per 10 grams following a pick-up in safe-haven demand for the precious metal, according to HDFC Securities.
Realty firm Prestige Estates Projects Ltd achieved a record-high sales bookings of Rs 21,040 crore in FY24, marking a 63% increase from the previous year. The company saw strong demand for residential properties, with sales bookings exceeding Rs 10,000 crore for DLF, Godrej Properties, Macrotech Developers, and Prestige. Prestige Group aims to become the largest real estate developer in India by sales bookings.
The fund has maintained a flexible approach by adopting diversified active and passive strategies across market capitalisation and tactical allocations, according to the press release.
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