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Mahantesh Sabarad, Independent Market Expert, says “Europe is where Wipro should have done better. One would have expected a much better performance. So, the root cause does primarily appear to be related to the execution delays. One cannot really comment. I have been able to see the fact sheets as yet properly.” What is your first cut on Wipro? There has been a disappointment in the profit as well as revenue figures? What is your expectation of guidance? Firstly, I have not seen their press release or the numbers per se in terms of the fact sheet. But yes, you did talk about the overall profit dropping on a quarter on quarter basis. That is a big disappointment and that number is substantially lower. Even with the revenues, there seems to be also quarter on quarter quite a bit of a hit. I consider this a very poor result. From a conference call, one would like to understand what has really happened in terms of their execution of orders? Are there any ramp downs that they have faced? Are there any delays that they are facing is the primary question one would like to find an answer for.

asset management firm Neo Group has raised $35 million as part of its latest round of funding from Peak XV Partners. The round marks one of the bigger growth cheques that Peak XV has written this year after separating from its US-franchise Sequoia Capital, amidst an ongoing funding winter.

₹183 crore compared to the net profit of ₹200 crore recorded in the same period of last year. Seen sequentially, the net profit came in lower by 22%. The consolidated revenue from operations stood at ₹404.06 crore in Q2FY24, down from ₹435 crore recorded in Q2FY23 and ₹467.77 crore delivered in the preceding June quarter.

With a focus on market positioning, customer engagement, and data-driven decision-making, the CMO plays a critical role in shaping the company's direction, ensuring its competitiveness, and enhancing its reputation in a rapidly evolving business landscape. In this introduction, we will explore the key responsibilities and significance of the CMO role in modern business operations. The Course: Chief Marketing Officer Programme by IIM Lucknow In recent years, the rapid evolution of technology has brought about profound changes in how businesses operate, market their products and services, and engage with customers.

Bitcoin's price fluctuating journey continues as it trades just below the $28,500 mark, with a modest increase of less than 0.50% on Wednesday. Several noteworthy events have punctuated the cryptocurrency landscape. 

DSLR cameras from renowned brands like Canon, Nikon, Sony, and more, you'll find the ideal camera to suit your needs. Whether you're diving into the world of photography for the first time or seeking to enhance your professional setup, this sale caters to all levels of expertise. The Amazon best deals on offer will empower you to embrace photography with cutting-edge technology, higher resolutions, advanced image processing, and exceptional low-light capabilities.

«Actually, I do think that while obviously smallcaps tend to be volatile on a two-three-year basis, that is where the big return will be made,» says Manish Gunwani, Head-Equities, Bandhan AMC. So, where do we start with — your great call on Tata Group, hotel stocks and hospital stocks, or we should simply talk about the big picture first? No, so I think the new themes we are more positive on which are basically things related to power capex or revival in rural consumption, pharma, so these are the new set. The ones you said are a bit old right now.

>>BUY SPCT TOKENS NOW<< The United States Securities and Exchange Commission (SEC) has refused to appeal the court's decree regarding Grayscale's Bitcoin ETF application on October 13. Per the court's ruling, the security agency was mandated to reconsider its position on Grayscale's application for a spot Bitcoin ETF. James Seyffart, an ETF analyst at Bloomberg, opined that the SEC's refusal to appeal the case before the Supreme Court does not necessarily guarantee the approval of the application.

Cyber Safety: Includes infrastructure, response capacity, and legal measures. Economic Safety: Encompasses tourism attractiveness, English language proficiency, cost of living, and healthcare.

ITC is expected to post mid-single-digit revenue growth in the September quarter due to subdued performance in papers and agri businesses. Revenue for the quarter is seen growing 4%, according to an average estimate of five brokerages. Net profit, meanwhile, is likely to rise by 8%. Agri business is expected to decline by 5% year-on-year (YoY) as the impact of ban of wheat and rice exports played out.

ABB matched forecasts with its third-quarter operating profit on Wednesday and dampened expectations for the fourth quarter while reporting continued decline in orders from China. The maker of industrial drives and motors posted a 13% increase in its operational earnings before interest, tax and amortisation (EBITA) to $1.4 billion during the three months to Sept. 30, in line with a company-gathered consensus of forecasts. Revenues at the company, which competes with Germany's Siemens and France's Schneider Electric rose 8% on a comparable basis to $8 billion, slightly below analysts' forecast for $8.1 billion. ABB reported net income of $882 million, below the $919 million consensus forecast. ABB, a big supplier to industry, is seen as a bellwether for the broader global economy, with its products being used in ships, ports, factories and transport systems. The group said its order intake fell 2% during the quarter with double-digit growth in the United States, its biggest market, partially helping to offset a decline in China, ABB's second-largest market. «Orders in China declined at a low single-digit comparable growth rate particularly hampered by weakness in robotics and construction demand,» Chief Executive Bjorn Rosengren said in a statement. ABB said it anticipated low- to mid-single digit comparable revenue growth in the fourth quarter.

autonomous vehicle company Waymo has laid off more employees, for the third time this year. The fresh layoffs are part of an internal reorganisation process, a company spokesperson told The San Francisco Standard, without revealing the exact number of affected employees.

Tata Elxsi, the design and digital tech arm of Tata Group, witnessed a 3.35% spike in its stock price to reach ₹7,694.40 apiece during early trade on Wednesday after the company delivered a decent set of numbers for Q2FY24. The company released its Q2FY24 numbers post-market hours on Tuesday, with its consolidated net profit surging 14.8% to ₹200 crore. During the same period last year, the company recorded a net profit of ₹174.3 crore.

UPI payments have grown by leaps and bounds in the last few years. But paying with a bank account does not have any benefits for credit card enthusiasts. This has changed now as RBI and NPCI have enabled Rupay credit cards for UPI payments. Soon, we will be able to use Rupay credit cards for UPI QR codes. 

Chinese President Xi Jinping is promising greater access to China’s market for international firms and new financing exceeding $100 billion for other developing economies

BTC/USD Chart (Coinbase)/ Source: TradingView

Kunal Vora, Director, Head of India Equity Research, BNP Paribas, is confident on a long-term theme called affluent India. The income tax data which came out in recent months show that affluent India – the top 10% of the income earners – is doing really well and some of the stocks which BNP Paribas is recommending are coming from that theme.