New Delhi: IT services giant Wipro has registered impressive results. The company has reported a consolidated net profit of Rs 2,968 crore for the December quarter of 2020-21. The company had posted a net profit of Rs 2,455.9 crore in the same quarter of 2019-20, up 20.8 per cent. Operating income rose 1.3 per cent to Rs 15,670 crore from Rs 15,470.5 crore in the same period a year ago. Exceeds October estimates ($ 202.2-206.2 billion). * The company reported revenue of Rs 160 crore ($ 2.13 crore) during the quarter under review from IT products, with a turnover of Rs. .2 The Board of Directors has approved a dividend of Rs.1 per share with a face value of. * ‘Order bookings and dividends performed well for the second consecutive quarter. 5 segments recorded quarterly growth of over 4 per cent. The largest deals ever made on the European continent. Demand continues to grow steadily in the face of climate change. Wipro CEO and Managing Director Theory Delaport reports that there is a good demand mainly for digital, formation, digital operations and cloud services. Doing. * We are implementing pay rises from January 1, giving promotions to 80 percent of employees from December 1st.
Wipro, a major IT services major, is expected to post revenue of $ 210.2-214.3 crore (approximately Rs 15,765-16,072 crore) in the current March quarter. Accordingly, growth is likely to be between 1.5-3.5% in the March quarter on a quarterly basis.
Domestic stock market indices Domestic stock market indices started trading with losses on Thursday.
Who gets Pramarika Life? The bankruptcy settlement of Diwan Housing Finance Limited (DHFL) has become a tangle. This is due to the fact that it has a subsidiary called Pramarika Life Insurance, a life insurance company. Many companies are competing to acquire DHFL through the bankruptcy settlement process undertaken by NCLT (National Company Law Tribunal).
Infosys, the second largest IT services company in the country, has impressed with better-than-expected market segments. The company had posted a net profit of Rs 5,197 crore in the third quarter (October-December) of the current fiscal. The company had posted a net profit of Rs 4,457 crore in the corresponding quarter last fiscal, up 16.6 per cent.
Bharat Biotech International reports that Kovaggin has successfully shipped Kovaggin to 11 cities across the country. The first Kovid-19 vaccine, developed and manufactured in India, was administered by Kovaggin
The government will sell up to 10 per cent stake in SAIL from today. The minimum price was fixed at Rs 64 per share. Offer for sale (OFS) mode for two days
Impressed WiproIT services giant Wipro has recorded impressive results. The company has reported a consolidated net profit of Rs 2,968 crore for the December quarter of 2020-21
Amazon India has announced that it is offering the Amazon Prime video service for Rs 89 per month so that it can only be used on one mobile for Rs 89k per month. The plan is initially for Airtel prepaid subscribers
Air tickets starting from Rs 899: SpiceJet has announced that it is selling tickets starting from Rs 899 on one-way travel on domestic routes. Tickets purchased until the 17th of this month will be available from April 1 to September 2021
IRFC Public Issue from 18th Indian Railway Finance Corporation (IRFC) Public Issue will start on 18th and end on 20th of this month. The issue, which comes with a mobilization target of Rs 4,600 crore, is priced at Rs 25-26
Regulation on digital credit institutions The Reserve Bank of India (RBI) is all set to crack down on digital lenders, who have been harassing borrowers online and then by giving them loans through apps. Accelerating digital policies for economic growth in the country is to be welcomed.
Fluctuations in the indices prevented gains for three days in a row on Wednesday. The Sensex lost ground during the volatile trading session. The Nifty ended positively. Mixed international codes
Foreign companies interested in acquiring stake in Suven Pharma! Foreign companies are interested in acquiring shares in Suven Pharmaceuticals, headquartered in Hyderabad. Blackstone, Warburg Pinkus and CVC Capital are preparing for this.
It is the responsibility of the National Payments Corporation of India (NPCI) to ensure that NPCIDPI based payment service providers comply with the regulations.
Vaccine-related upheavals: Nilesh Sham Last year (2020) saw a sharp decline in equity markets in the wake of the Kovid epidemic, said Kotak AMC Managing Director Nilesh Shah
Tata Motors on Wednesday unveiled a new petrol variant of its premium hatchback Altroz model that can reach 100 kmph in less than 12 seconds. The price of the new car will be announced on the 22nd of this month and sales will start from that day
F&O Trading in Paytm Money Paytm is a subsidiary of Paytm Money Futures and Options (F&O) Trading Services. To achieve a daily turnover of Rs 1.5 lakh crore in the next 18-24 months
In short, German auto giant Mercedes-Benz reported that it sold 7893 vehicles in India last year. 2019 sales were down 43 percent compared to 13,786. The company, which sells cars and buses, will launch 15 new models.
Amazon Prime bumper offer for mobile users ..! Amazon Prime Video has announced an amazing offer for mobile users in India. The world’s first Prime Video Mobile Edition (ME)
These are the features of the Altroz Aitrobo Petrol. Its features were made available during the release. There are no major changes in its features compared to the Altroz
Alan Musk, head of Tesla, the world’s leading electric car maker, has topped the list of the world’s 500 richest people.
Make sure that the sum insured in your term policy is at least 10-15 times your annual income. Continue the policy until you are 60 years old. Ensure that the details in the policy are accurate so that no difficulties arise in the event of a future claim. Examine ICICI, Max Life or SBI online term policies.
HDFC Pro Growth Plus is a ULIP policy that combines investment and insurance coverage. Like other ULIP policies, it charges a number of fees such as mortality, fund management and risk benefit. These reduce the amount invested, so the return is also reduced.
Return the policy if you can find out the amount that will come if you withdraw the policy. Sip the rest of the money every month like this. Also choose a term policy that guarantees at least 10 to 12 times your annual income
Call the bank’s toll-free number and find out the e-mail of senior executives at the bank’s general manager level. Inform the Bank Grievance Cell, General Manager, Bank Ombuds by email.
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