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Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...- ₹upee, a ₹eality checkIndia is taking small steps to make the rupee a global currency. This aims to reduce dollar reliance and boost trade. However, past example...
- Wipro Q4 results; RBI nod for Cred’s payment aggregator bizIT services major Wipro saw an 8% fall in its consolidated net profit in the March quarter. This and more in today’s ETtech Top 5.
- Amid cost conservation focus, startups keep tighter rein on top rung hikes during appraisalsStartups and ecommerce companies are focusing on profitability and cost conservation, with some holding back pay raises for senior staff du...
- IT hiring expected to surpass 2021 levels; WazirX tries to calm anxious workers“Even after multiple months of cratering stock prices and inflation in the broader US economy, companies are still desperate for talent and...
- RIL gives 10-12% increment to staff in FY22 after cuts, roll back in FY21In April 2020, the company had announced a pay cut of 10% for employees earning more than ₹15 lakh in its petrochemicals business and froze...
- Angel Broking down 9%, but trades above listing price of Rs 275Angel Broking shares are yet to touch its issue price of Rs 306 at which the stock commanded a valuation of 26.84 times FY20 earnings.
- Angel Broking lists at 10% discount to issue priceThe IPO, which was sold from September 22 to September 24, was quoting at a 6-7 per cent discount in the grey market earlier.
- Want your business to survive the pandemic? You may not be focusing on the most important assetMany lazy leaders have made the easy decision and short-term decisions to ride the crisis. Having done that they may have destroyed the lon...
- View: The real scale of Narendra Modi's farm bet, a move that carries significant political riskTo gauge the scale of what’s being done, picture the depth of the stasis: 119 million cultivators and 144 million farmhands — taken togethe...
- As outsourcing increases, Indian IT looks at hiring over 100,000 people this yearAfter a weak first quarter when companies froze hiring, IT companies have resumed hiring and honouring offers made to college graduates. Mo...
- Go overweight on equities, invest extra cash in a staggered wayIn the third round of lockdown, our challenge has been to restart the economy.
- Fiscal boost is new unknown for India’s jittery bond tradersFM Sitharaman has said the government will come out with an economic rescue package soon.
- What is changing for NBFC borrowingsNBFCs are looking to raise funds with a longer tenor bonds or from bank loans.
- Infosys goes for wage hike as Narayana Murthy walks into C-SuiteThe populist move could raise morale, enhance Murthy’s goodwill and send out a message to all that the Infy co-founder means business.
- Basel-III: The norms are not suited for emerging world bankingThe emerging world should not be pushed towards a framework calibrated for risks in developed financial systems.
- IT industry seeing a churn, opportunities are bigger than before: Vineet Nayar, HCL TechnologiesPost crisis, the relative market share of India-based outsourcing service providers has increased, says Nayar of HCL Tech.
- Patni CEO gets more than Microsoft's Steve BallmerPatni Computers can't hold a candle to MS on most counts. There is one exception - CEO pay.
- Cost-cuts, stimulus help cos to stay in huntGovt subsidies, RBI largesse & pink slips helped Indian cos post a 23% rise in net profit, even as sales stagnated with consumers refusing ...
- ‘We don’t intend to retrench staff’Technical textiles and refrigerant gas maker SRF feels the worst might be over for the economy and the company. Managing director Ashish Bh...
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