NSE share market NEWS tomorrow (07 November, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 November, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 November 2022
Rail Vikas was amongst the top gainers, currently trading at 50.80 in NSE with 1.522 times change in volumes and 10.315% change in price. Other gainers included Bank Baroda with 9.547% price change and 6.138 times volumes, Britannia Industries with 8.807% price change and 12.157 times volumes, Union Bank with 5.973% price change and 1.527 times volumes, and 8 20 with 5.66% price change and 2.322 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Divi S was amongst the top losers, currently trading at 3414.55 in NSE with 7.41 times change in volumes and -8.855% change in price. Other losers included Marico with -6.361% price change and 7.078 times volumes, Vedanta with -4.783% price change and 0.745 times volumes, Inox Wind with -3.446% price change and 2.177 times volumes, and Piramal Pharma with -3.361% price change and 1.183 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
Is Elon Musk rewriting the HR rulebook at Twitter?. Elon Musk is facing backlash for unceremoniously expelling so many employees from Twitter. Is Musk setting a new trend where owners can brush aside the HR rulebook and write their own edicts?
Google may face a third CCI fine in less than a month. Now for Android TV. Google has already been fined in previous two cases for "abusing its market dominant position" in connection with the Android mobile device ecosystem
upGrad to invest mn to launch 10 global campuses in US, India next year. Under a new brand name 'UGDX', the company said it will open three campuses in the US (the San Francisco unit), five in India (Delhi and Chennai) and one each in Singapore and Middle-East
Britannia Industries' shares jump nearly 10% after Q2 profit beat. Shares of India's Britannia Industries Ltd rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit
EvolutionX Debt Capital makes maiden investment in PharmEasy parent firm. Debt financing platform's investment amount was not revealed; it will make equity infusion later
Vodafone may have to raise tariffs to meet a Rs 6,400 cr shortfall by Sept. Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services
Zydus gets establishment inspection report from USFDA for Moraiya plant. Zydus Lifesciences on Monday said it has received an establishment inspection report from the US health regulator for its formulations manufacturing facility in Moraiya near Ahmedabad. The US Food and Drug Administration (USFDA) inspected the facility from
India Cements Q2 net loss at Rs 113 cr, revenue up 7.46 pc to Rs 1,327 cr. India Cements Ltd on Monday reported a consolidated net loss of Rs 113.26 crore for the second quarter ended September 2022. The company had posted a net profit of Rs 29.75 crore during the July-September quarter of the previous fiscal, India Cements said
CreditSights says Adani Group continues to seek strategic partners. Richest Indian Gautam Adani's conglomerate continues to seek strategic equity partners aligned with its long-term investment strategy as it expands across the energy to transport to mining sectors, debt research firm CreditSights said. In a report, CreditS
Investcorp plans major ramp up of India assets to billion: Alardhi. The Middle East firm expects to reach billion of assets in India in the next five years, up from just over 0 million currently, or 1.5% of the .7 billion in assets managed by Investcorp
Inox Green IPO to open on Nov 11, sets price band at Rs 61-65 per share. Inox Green Energy Services, a subsidiary of Inox Wind, has fixed a price band of Rs 61-65 per share for its Rs 740-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 11 and conclude on November 15, and
India Cements posts Q2 loss of Rs 113 cr on input cost spike, lower volumes. Revenue from operations up 7% YoY; firm had posted Rs 30 cr profit a year ago
Tata Motors beats target, becomes India's first to roll out 50,000 EVs. The firm which entered EV market in 2020, is now focusing on a three-phased architecture approach for such vehicles and plans to launch 10 EVs in five years
IPO-Bound CarDekho to infuse 0 million in its fintech subsidiary Rupyy. Rupyy recently unveiled India's largest QR code-based loan platform, which is available to more than 2,200 vehicle dealerships and distributors nationwide
D2C Ecommerce acquires leading natural personal care brand Luxura Sciences. D2C Ecommerce, India's First Multi-D2C Brand Online Platform, Acquires Leading Personal Care D2C Brand Luxura Sciences Luxura Sciences has been on an upward trajectory with a revenue of INR 4+ crores in FY21-22 New Delhi, Delhi, India Business Wire Ind
High taxation limits growth of India's super luxury car market: Lamborghini. High taxation is limiting the expansion of the super luxury car market in India, which otherwise is on a growth path, according to Italian automaker Automobili Lamborghini's Chairman and CEO Stephan Winkelmann. Lamborghini, which sells a range of super lux
Divi's Lab Q2 net profit dips 18% to Rs 494 cr, revenue down to Rs 1,854 cr. Divi's Laboratories on Monday said its consolidated net profit declined by 18 per cent to Rs 494 crore in the second quarter of the current financial year. The drug firm had reported a net profit of Rs 606 crore in the July-September period of last fiscal.
L&T Realty, CapitaLand tie up to develop 6 mn sq ft of prime office space. L&T will build and develop the spaces, CLINT will market them; most of the projects are to be started from the second half of 2024
Hiring of top-level professionals slowing down in Indian startups: Report. In most startups, the CEOs are now participating in the hiring process for senior-level professionals
IndiGo's 30 aircraft grounded due to 'supply chain disruptions'. IndiGo on Monday said that around 30 aircraft are grounded due to "supply chain disruptions" and the country's largest airline is evaluating wet leasing of planes and other options to boost operations. At the end of September, the carrier -- also the world
Tyremaker Ceat's Q2 net slumps 81% on higher input costs, revenue up 18.1%. Ceat's revenue from operations rose 18.1% to Rs 28.94 billion in the quarter
India set to witness multi-billion-dollar 5G roll-out by leading telcos. India is set to witness the world's largest roll-out of 5G infrastructure with multi-billion-dollar being spent by the country's leading telcos over the next several years, according to Syed Shahid Hussain, Managing Partner, Financial Services Sector, Asia
Bombay Dyeing moves SAT against Sebi's Rs 2.25 cr fine, two-year market ban. Sebi had passed the order on the firm, its promoter Nusli N Wadia, and three others for allegedly inflating financial statements; firm responded saying its accounting practice was wrongly interpreted
GSMA appoints Airtel CEO Gopal Vittal as deputy chair for a two-year term. After graduating from IIM Calcutta in 1990, Vittal joined Hindustan Unilever Limited (HUL), one of India's biggest FMCG companies
Crystal Crop Protection eyes 15% jump in revenue to Rs 2,600 cr this fiscal. Agro-chemicals firm Crystal Crop Protection Ltd is expecting 15 per cent growth in its turnover this fiscal to around Rs 2,600 crore on better sales, its MD Ankur Aggarwal said. The Delhi-based company last week raised Rs 300 crore from IFC to fund its exp
FMCG makers expect margins improvement and comeback of rural sales from Q3. The FMCG industry expects an improvement in its margins and hopes to make a comeback from the rural market from the third quarter, though it witnessed pressure on volume in the September quarter as high inflation persists. Makers of fast moving consumer go
Dr Reddy's lines up Rs 1,500 cr capex, to focus on biosimilars, injectables. Dr Reddy's Laboratories has earmarked a capex of around Rs 1,500 crore for FY23 with major part of it slated to go into building capacities for its biosimilar and injectable businesses, according to CFO Parag Agarwal. The Hyderabad-based drug major also pl
Macrotech Developers looking to sell mall, office space: MD Abhishek Lodha. Realty firm Macrotech Developers plans to sell a shopping mall near Mumbai and 1.5-2 lakh square feet office space by March as part of the company's strategy to monetise non-core assets, its MD and CEO Abhishek Lodha said. He did not disclose the deal valu
Less than 50% capex planned for FY23 utilised, says Tata Steel CEO. Tata Steel has spent less than half of the capex planned for ongoing 2022-23 fiscal year, its CEO T V Narendran said. The company had planned Rs 12,000 crore of capex for the year, of which about Rs 8,500 crore was for India and the balance for Europe. "We
Kerala govt launches scheme to reimburse tech license cost to startups. Kerala has launched a scheme to reimburse the expense incurred by the nascent startup ventures to procure technology licenses from government research institutions in the country to commercialise and scale up their products. Under the project titled 'Techn
Reliance Industries India's best employer, in top 20 worldwide: Forbes. Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, according to Forbes' World's Best Employers rankings 2022. The global ranking was topped by Sout
Mumbai's venture debt marketplace plans early-stage funding for startups. A Mumbai-based venture debt marketplace is in the midst of setting up an Alternate Investment Fund (AIF) in India and raise USD 90 million for funding 100 startups in 10 countries as well as opening a Singapore office. The AIF, a private equity fund in Ind
IOB Q2 net up 33% to Rs 501 cr, total income rises 15% to Rs 5,852 cr. Gross NPA down 6% during the quarter, net NPA up 11%; ratios improve in both spaces; lender came out of RBI's Prompt Corrective Action (PCA) on September 29, 2021
Twitter Blue with verification in India within a month: Elon Musk. Elon Musk on Sunday confirmed that the new Twitter Blue subscription service with verification (blue badge) for will be available in India in less than a month.
Voda Idea expands retail presence with 300 new 'Vi shops' in rural markets. Vodafone Idea (VIL) on Sunday said it has rolled out 300 new-format 'Vi Shops' across multiple towns in Maharashtra, Tamil Nadu, Kerala, West Bengal and UP West, in line with its expansion blueprint to digitally connect the rural population. VIL plans to f
BankBazaar to turn profitable in FY23; to go for IPO by next calendar: CEO. BankBazaar.com, which eyes to become the most profitable co-branded credit card platform, expects to turn profitable this fiscal and plans to file for an IPO by the end of next year, founder and CEO Adhil Shetty said. The company which started off as a loa
Jio offers to deposit Rs 3,720 cr in escrow account to acquire RCom assets. Telecom operator Jio has proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing liquidation process. Billionaire Mukesh Dhirubhai Ambani-run Jio placed the bid of Rs 3,720 crore in Novem
Deloitte employee masterminds global hack gang, finds Sunday Times. Report says gang worked out of a fourth floor flat in Gurugram under the name WhiteInt; experts call for stronger legal framework in India, which they say has dealt with this issue with 'light touch'
South Eastern Coalfields tops in coal output among CIL subsidiaries. South Eastern Coalfields (SECL), the highest coal-producing company among the eight entities of CIL over the years, was outshined by Odisha-based Mahanadi Coalfields (MCL) in FY22
Reliance set to acquire METRO Cash & Carry India in 500 million euros deal. Reliance Industries is set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs 4,060 crore), industry sources said. The deal includes 31 wholesale distribution centres, land banks and oth
Indians likely to use 'Twitter Blue' in a month, says Elon Musk. Twitter's chargeable blue tick verification service is expected to roll out in India in "less than a month", the microblogging platform's new owner, billionaire Elon Musk has said. Earlier this month, Musk had announced that verification blue tick in front
Indian firm eyes sending tourists near space in capsule by 2025. An Indian firm is planning to ferry tourists near space in a spaceship attached to a unique high-altitude balloon system by 2025. Inspired by Elon Musk's SpaceX, the Mumbai-based Space Aura Aerospace Technology Pvt Ltd company has begun to build a space ca
NIIT acquires US-based St Charles Consulting Group for .4 million. The acquisition will help NIIT add significant presence in the professional services and management consulting sectors while strengthening its growing learning consulting practice.
Cement companies mull price hike of Rs 10-30 per bag in November: Report. On a month-on-month (MoM) basis, prices rose by 2-3% in the East and South, and about one per cent in the West; while declining 1-2% in the northern and central regions, the report said
Punjab & Sind Bank Q2 profit up 27% to Rs 278 cr on reduction in bad loans. Public sector lender Punjab & Sind Bank on Saturday said its net profit rose 27 per cent to Rs 278 crore in the second quarter of FY23 on the back of reduction in bad loans. The bank had reported a profit of Rs 218 crore in the year-ago period. Total incom
SBI's Q2 net rises 74% to Rs 13,265 crore on improved interest margins. The lender's net interest income improved 12.83 per cent YoY to Rs 35,183 crore for Q2FY23, against Rs 31,184 crore last year
Bank of Baroda's Q2 net jumps 58.7% aided by rise in NII, dip in provisions. Provisions of the lender declined 41 per cent YoY to Rs 1,628 crore in Q2FY23.
'No choice', says Elon Musk as he justifies massive layoffs at Twitter. Amid massive layoffs at Twitter across the world, including in India, and the subsequent backlash, the microblogging site's new owner Elon Musk on Saturday justified the move, saying there was "no choice" when the company was losing millions of dollars dai
Power Grid Corporation net profit up over 8% in Q2; declares 50% dividend. State-owned Power Grid Corporation on Saturday posted over eight per cent rise in consolidated net profit at Rs 3,650.16 crore in the September quarter of FY23, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 3,376.
Soon, 300 drug formulations to have mandatory bar codes on packages. To curb the menace of spurious medicines, the government is finalising the process of mandating pharmaceutical companies to print bar code on the packages of 300 drug formulations so that information such as manufacturing licence and batch number can be ac
Russia cafe blaze kills 13, injures five others; investigation underway. A fire in a cafe in the Russian city of Kostroma killed at least 13 people and injured five others on Saturday, local authorities said. The governor of the Kostroma region, Sergei Sitnikov, said 13 people died in the fire and five more were slightly injure
Telecom tariffs remain at 'unsustainable levels': Vodafone Idea CEO. Telecom operator Vodafone Idea (VIL) has said telecom tariffs in India continue to remain at "unsustainable levels" and the industry needs "tariff correction" to support continued investments. VIL has seen average revenue per user (ARPU) growth for five co
Mahindra Lifespace Developers' sale bookings grow 32% to Rs 399 crore in Q2. Realty firm Mahindra Lifespace Developers' sale bookings rose 32 per cent to Rs 399 crore during September quarter 2022-23 on better housing demand. Its sale bookings stood at Rs 303 crore in the year-ago period, according to an investors' presentation. Ma
CCPA fines Cloudtail with Rs 1 Lakh for not complying with BIS standards. Central Consumer Protection Authority directs Cloudtail to recall and reimburse the prices of 1,033 pressure cookers sold to consumers and submit a compliance report in 45 days
Triveni Engineering Q2 net up to Rs 1,388 cr, board okays Rs 800-cr buyback. Sugar firm Triveni Engineering & Industries Ltd on Saturday reported a multi-fold jump in its consolidated profit to Rs 1,387.76 crore for the quarter ended September on one-off gains. Its net profit stood at Rs 92.47 crore in the year-ago period. Total i
Twitter founder Jack Dorsey apologises to employees amidst layoffs. Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk
Brand Kohli is in top form as the cricketer celebrates his 34th birthday. On Wednesday, the star cricketer became the highest run-scorer in the history of the ICC T20 World Cup, going past Sri Lankan Mahela Jayawardene
5G technology will improve network performance in India: Trai chairperson. About the need of adopting new digital technology for social and economic development, Vaghela said that digitalisation of the economy and also social life is of utmost importance in today's world
Britannia Q2 net up 28.5% to Rs 490 cr, records 'highest quarterly revenue'. Bakery foods company Britannia Industries Ltd on Friday reported a 28.47 per cent increase in consolidated net profit at Rs 490.58 crore for the second quarter ended September 30, 2022, helped by volume growth. The company had posted a net profit of Rs 381
Top headlines: Consumer protection rules, Infosys may overtake Cognizant. Business Standard brings you the top headlines at this hour
Govt-owned NaBFID plans to increase headcount to 150 by end of FY24. MD Rai says it will venture into rating banks and instruments by December
'Return home': Twitter to start laying off employees today, shuts office. Twitter told its employees through an email that they would receive an alert on staff cuts on their official or personal IDs on Friday
Byju's ropes in Messi as global brand ambassador for social initiative EFA. Edtech major BYJU's has roped in football star Lionel "Leo" Messi as the first global brand ambassador of its social impact arm Education For All, the company said on Friday. Messi, who plays for Paris Saint-Germain and captains the Argentinian football te
Reliance to enter salon business, in talks with Naturals chain: Report. BENGALURU (Reuters) - Reliance Retail, a unit of Indian oil-to-chemicals conglomerate Reliance Industries, plans to enter the salon business and is in final stages to buy a roughly 49% stake in Naturals Salon & Spa, the Economic Times newspaper reporte
Google India and Facebook India's combined revenue up 77 per cent in FY22. In 2021, the two companies earned Rs 23,212 crore through online ads. It rose to Rs 41,115 crore in 2021-22
Byju's ropes in Messi as global brand ambassador for its social initiative. Earlier this year, edtech giant Byju's became the official sponsor of the FIFA World Cup 2022 in Qatar
GE Aerospace, Tata Advanced Systems extend billion long term contract. GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth USD 1 billion for production and supply of several commercial aircraft engine components. The engine parts will be manufactured at the Tata Centre of Excellence for Aer
After 3-yr lull, IndiGo to resume flights to China, Myanmar from March 2023. IndiGo used to operate daily flights on Delhi-Chengdu, Kolkata-Guangzhou, Kolkata-Yangon routes till early 2020
Servotech Power Systems bags Rs 46 cr order from BPCL to supply EV chargers. Servotech Power Systems has bagged a Rs 46.2 crore order from Bharat Petroleum Corporation Ltd (BPCL) for supplying and installing a series of EV Chargers at different locations across the country in the next four months. The project to supply and install
Gillette India's Q1 profit rises 5.9% on demand for grooming products. Gillette India, which is 75% owned by Procter & Gamble, said its net profit rose to 867.8 million rupees (.52 million) for the three months ended Sept. 30, from 819.3 million rupees a year earlier.
Reliance Retail to foray into salon business by acquiring Naturals: Report. With this, Reliance Retail will directly compete with Hindustan Unilever's Lakme and other brands like Geetanjali
Construction engineering firm JMC Projects bags orders worth Rs 2,277 crore. Engineering firm JMC Projects on Friday said it has bagged new orders worth Rs 2,277 crore. "JMC Projects (India) Limited (JMC), a leading civil engineering and EPC company, has secured new orders of Rs 2,277 crore," a company statement said. The orders in
Lupin gets US drug regulator's nod for generic oral contraceptive pill. Drug maker Lupin on Friday said it has received approval from the US health regulator to market Drospirenone tablets, used to prevent pregnancy, in the American market. The company has received tentative approval from the US Food and Drug Administration (F
Gaurs group aims Rs 650 cr sales revenue from new mixed-use project. Realty firm Gaurs Group on Friday said it will develop a new mixed-use project at Ghaziabad with an estimated sales revenue of Rs 650 crore. In a statement, the company said it will develop a "mixed land use joint venture project in Ghaziabad with a saleab
Ola Electric will miss target to fully utilise production capacity. Ola Electric will miss its target to fully utilise installed production capacity in next six to eight months and will achieve only 50 per cent of it by November 2023, founder and CEO Bhavish Aggarwal said on Friday. At the time of launch of the new S1 Air
Cipla Q2 net profit up 12% at Rs 797 crore, revenue rises to Rs 5,829 crore. Drug major Cipla on Friday said its consolidated net profit increased 12 per cent to Rs 797 crore for the second quarter ended September 30. The Mumbai-based drug maker had reported a consolidated net profit of Rs 709 crore in the July-September period of
GAIL Q2 net falls 46% as Russian gas supply snag hurts petchem business. State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September quarter net profit as it slashed petrochemical output after a former unit of Russian energy giant Gazprom stopped gas supplies. Net profit stood at Rs 1,537.0
Maruti Suzuki lines up over Rs 7k cr capex for current financial year: CFO. Maruti Suzuki India plans to invest over Rs 7,000 crore this year on various initiatives, including the construction work of its new plant in Haryana and new model launches, according to company CFO Ajay Seth. The country's largest carmaker has already com
Xiaomi misled Deutsche Bank on 'illegal' royalty payments, says ED. One of Xiaomi's four frozen bank accounts in India is at Deutsche, according to the court documents
E-commerce firm Udaan to lay off 350 employees, seeks profitability. India's largest business-to-business e-commerce firm sacked 180 employees in June
Titan reports 33.7% rise in Q2 net profit on higher jewellery demand. The company earned a profit of 8.57 billion Indian rupees (3.95 million) in the three months ended Sept. 30 from 6.41 billion rupees in the previous year
Reliance Capital CoC remain divided on 'Challenge Mechanism' process. Notably, KPMG, who is the COC advisor, and Luthra & Luthra, who is the legal advisor to the COC had proposed multiple options on the Challenge Mechanism
Cipla Q2 PAT up 11% PAT to Rs 789 cr on strong Covid-adjusted growth rate. The company is de-risking key product Abraxane in case the Goa plant FDA issue is not cleared immediately
Ola Electric crosses 1 lakh production mark, says CEO Bhavish Aggarwal. The company sells three models of Ola electric scooters, Ola S1, Ola S1 Pro and Ola S1 Air
IndiGo Q2 loss widens to Rs 1,585 cr on higher fuel costs, forex losses. The company's loss widened to Rs 15.85 billion (2.60 million) in the July-September quarter, from Rs 14.40 billion a year earlier
Adani Group announces opening of data centre 'AdaniConneX' in Chennai. Richest Indian Gautam Adani-led group on Friday announced the opening of its Chennai hyperscale data centre as it looks to capture a share of one of the world's fastest-growing data centre markets. AdaniConneX, a joint venture between Adani Enterprises and
AdaniConneX launches 'Chennai 1', a 17 Mw data centre in Sipcot IT Park. The 'Chennai 1' campus hosts Tamil Nadu's first pre-certified IGBC Platinum Rated data centre, and will be powered with up to 100% renewable energy
Marico posts surprise drop in Q2 profit to Rs 301 cr as rural demand slips. Expenses climbed 4%, while revenue increased 3% to 24.96 billion rupees led by growth in international business
Twitter starts laying off employees in India as part of global job cuts. Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform's new owner Elon Musk to attain economies of scale and make the USD 44 billion acquisition viable. World's richest businessman Musk began his
TVS Motor reports lower-than-expected rise in Q2 profit at Rs 407 crore. Total expenses climbed 27.2% to Rs 66.71 billion
Byju's Aakash Educational Services IPO valuation likely to hit billion. May pick the lead bank in 2 weeks and DRHP expected in Jan-Feb
After unfavourable ratings Vedanta Resources terminates Moody's services. Vedanta Resources, the holding company of India's Vedanta Limited, on November 7 terminated the Moody's rating services after the latter downgraded the company's ratings amid debt concerns
SC order against extending term of GMR Upper Karnali hydropower in Nepal. Nepal's Supreme Court on Thursday issued an interim order and asked the government not to implement its decision to extend the term of India's power giant GMR that is developing the Upper Karnali Hydropower Project. The Cabinet had decided to extend GMR's
BOI Q2 net down 8.65% YoY on rise in provisions for standard assets. Earnings, asset quality profile improve for public sector lender
Indian EV makers 'not doing it right', says Gogoro CEO Horace Luke. Luke on Thursday launched Gogoro in India with a pilot project in collaboration with ZyppElectric
Ajit Mohan steps down as Meta India head, may join social media firm Snap. Manish Chopra, director and head of partnerships at Meta India, will take over on an interim capacity
HDFC retail loan demand at 8-year high, standalone net profit rises 18%. Shifted from quarterly reset for individual loans to monthly one
Hero MotoCorp reports bigger-than-expected fall in Q2 net as expenses rise. Analysts, on average, had expected a profit of Rs 7.41 billion, according to Refinitiv IBES data
Cognizant introduces 'two merit cycles' for employees to rein in attrition. Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
Vodafone Idea Q2 loss widens on higher expenses, subscriber loss. ARPU of larger rivals Reliance Jio and Bharti Airtel was at 177.2 rupees and 190 rupees in the quarter, respectively
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