29 C Business / News View
Infosys announced a 30% surge in consolidated profit to 7,969 crore for the fourth quarter ending March 2024, compared to 6,128 crore in the corresponding period last year. The companys consolidated revenue rose by 1.3% to 37,923 crore from 37,441 crore a year ago, according to regulatory filings. The post Infosys Q4 Profit Soars 30% To 7,969 Crore appeared first on HW News English .
Nalin Negi has been appointed as the Chief Executive Officer (CEO) of BharatPe, succeeding interim CEO and CFO, Suhail Sameer, who resigned in January 2023. Amidst top-level exits following co-founder Ashneer Grovers ouster, Negi aims to prioritize sustained profitability, scaling lending businesses, and launching merchant-centric products. Negi expressed excitement and... The post Nalin Negi Named CEO Of BharatPe, Pledges Focus On Profitability, Expansion appeared first on HW News English .
Tesla, the electric vehicle company owned by Elon Musk, intends to lay off more than 10% of its worldwide staff, attributing the move to role duplication. This decision could affect over 14,000 employees if implemented across the company. In an internal email obtained by electrick.com, CEO Musk emphasized the necessity... The post Tesla Plans Global Workforce Reduction Amid Role Duplication Concerns appeared first on HW News English .
In early trade on Monday, Dalal Street witnessed a significant downturn as benchmark stock market indices plummeted. The S&P BSE Sensex dropped over 800 points, with the Nifty experiencing a similar sharp decline amid heightened volatility. The market capitalisation of BSE-listed companies fell by approximately 6 lakh crore. Broader market... The post Dalal Street Investors On Edge Amid Market Tumble appeared first on HW News English .