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Wipro Ltd’s head of Asia Pacific, the Middle-East, and Africa (APMEA), has resigned, marking the first senior departure since the company appointed Srinivas Pallia as the chief executive officer last month. Anis Chenchah, who was appointed as CEO of Wipro’s APMEA region by former Wipro CEO Thierry Delaporte in April 2022, announced his departure on Thursday, according to a company filing with the stock exchanges. The APMEA region had contributed 11.5% to Wipro’s $10.8 billion revenue in FY24.

Arvind Kejriwal walked out of Tihar Jail on Friday after the Supreme Court granted interim bail till June 1. Tata Motors reported a three-fold jump in consolidated net profit (to ₹17,528.59 crore) in the final quarter of FY24. Meanwhile Israeli Prime Minister Benjamin Netanyahu insisted that the Gaza war would continue with or without US support.

₹48,000 crore dragged down its passenger vehicle business. The company reported an over three-fold jump in its consolidated net profit to ₹17,407 crore for Q4FY24, from ₹5,408 crore in the same period last fiscal, led by record sales of Range Rover luxury sports utility vehicles (SUVs) by its UK-headquartered subsidiary Jaguar Land Rover across the UK and overseas markets.

ALSO READ: Mohammed Shami slams Sanjiv Goenka for outburst against KL Rahul: Ye sharam ki baat hai… According to Sharma, he was supposed to book tickets for his parents to Hyderabad but mistakenly booked them a flight to Amritsar. His parents were supposed to go to Hyderabad to see him play against LSG, but it never happened. “I was talking to my mom-dad.

NEW DELHI : India’s factory output slowed to 4.9% in March after rising to a four-month high of 5.6% in the month before, hitting the brakes on an otherwise good year. Industrial production expanded 5.8% during FY 2023-24, higher than the 5.2% expansion reported for the year prior, show data released on Friday. But the March numbers fell short of expectations.

Air India Express cancelled 120 flights and operated 246 flights, an official aware of the development said. He added that Vistara operated two flights and parent company Air India operated 20 flights for Air India Express, in order to support the network. On 9 May, the airline cancelled 85 flights and operated around 283 flights.

In a report published on Wednesday (8 May), MPs said a «difficult small business environment» is «disincentivising risk-taking, innovation and, potentially, growth» for many UK SMEs looking to expand. As a result, the number of private sector businesses have dropped significantly from 6 million in 2020 to just 5.6 million in 2023, after initially expanding by 1.5 million within a decade from 2010. Treasury Committee 'disappointed' BoE and government have not fully accepted its QT advice According to the report, the government should improve access to finance for SMEs, including aba...

A Hong Kong businessman and his son have surrendered to police in connection with the abduction of a cryptocurrency investor, according to a local news outlet, the South China Morning Post, citing sources familiar with the matter.

Bank of Baroda on Friday reported a 2.3 per cent growth in its standalone net profit of Rs 4,886 crore for the March quarter, restricted by a hit due to its exposure to the grounded airliner Go First and also setting aside money towards pension liabilities. On a consolidated basis, the lender's net profit declined to Rs 5,132 crore from Rs 5,255 crore in the year-ago period. For 2023-24, the same rose to Rs 18,767 crore from the Rs 14,905 crore in the year-ago period. For the reporting quarter, the core net interest income rose 2.3 per cent to Rs 11,793 crore on the back of a 12.5 per cent increase in advances, and a 0.26 per cent decline in net interest margin to 3.27 per cent. The non-interest income rose 20.9 per cent to Rs 4,191 crore on the back of an increase in treasury income and fee income, and supported the overall profit growth.

U.S. Treasury yields rose on Friday with no major catalysts to drive direction as traders waited on key inflation data for April next week to guide expectations of Federal Reserve policy. Yields hit one-month lows last week after a softer-than-expected employment report for April re-ignited bets that the U.S. central bank will make two 25 basis point interest rate cuts this year.

Mad Max franchise's fifth film Furiosa: A Mad Max Saga, is yet another post-apocalypse-based content designed by the creators George Miller and Byron Kennedy and will see a release in May this year. The first film in the Mad Max franchise began back in the year 1979 and saw three further films that include The Road Warrior, Mad Max Beyond Thunderdome, and Mad Max: Fury Road. Interestingly, Mad Max: Fury Road, also grabbed an Oscar after its blockbuster release, loved by fans of the franchise.

insurance companies garnered a premium income of Rs 2,89,738 crore in 2023-24, around 13 per cent higher than that of the year ago. Non-Life insurance industry had collected a premium of Rs 2,56,894 crore in the preceding year, according to data posted by Gebneral Insurance Council. Of this, 35 general insurance firms reported an increase of 14 per cent in their premium at Rs 2,45,433 crore during the year against Rs 2,14,833 crore in the previous year. Five standalone health insurers together collected a premium of Rs 33,116 crore during the year, up 26 per cent from Rs 26,244 crore a year earlier, the data showed.

Cholamandalam Financial Holdings Ltd on Friday reported a 26.9 per cent growth in its consolidated profit after tax at Rs 1,143.75 crore for the March 2024 quarter, the company said. The city-based company, part of the diversified conglomerate Murugappa Group, had registered net profits of Rs 900.77 crore during the corresponding period of last year. For the year ending March 31, 2024, the consolidated net profits grew by 37 per cent to Rs 3,850.56 crore, from Rs 2,809.62 crore registered a year ago.

Galaxy S24 Ultra. After updating, however, he recorded eight hours of screen-on time with 26 percent battery still remaining. In addition to extended battery life, the Reddit user also reported a noticeable enhancement in overall performance.

Thermax Q4 results: Thermax Limited on Friday reported an over 20 per cent rise in its consolidated net profit at ₹188 crore in the March 2024 quarter on the back of higher revenues. It had posted a profit after tax of ₹156 crore in the corresponding period of the preceding fiscal year, the company said in a statement.

Mint, project a robust growth trajectory for the full year. Forecasts indicate a potential 15% revenue surge, breaching the $45 billion mark in FY25, compared to $39 billion in the previous fiscal year. Interestingly, this bullish outlook is despite the market volumes, which is expected to remain flat compared to 2023 levels, with projections hovering at 151-155 million units.

₹1,000 crore. The three malls will be acquired from Larsen and Toubro (L&T), a person aware of the development told Mint. Dalip Sehgal, executive director and chief executive at Nexus Select Trust, said in an interview Friday, “It is difficult to name [the malls] since the permissions have not [yet] come in.

Is a weak currency good for Japan’s stock market? It is complicated. A lower yen is traditionally seen as positive for Japanese stocks as it should make its exports more competitive. And this is certainly still true to some extent.

Arvind Kejriwal on Friday, May 10. Kejriwal was arrested by the Enforcement Directorate on March 21 in connection with the alleged scam in the Delhi Excise policy. He was sent to judicial custody later and was lodged in Tihar Jail.

PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s economic slowdown, according to people familiar with the situation.

Bank of Canada officials are monitoring pockets of increasing leverage and “stretched” asset valuations that could pose a threat to financial stability in the event of major price swings, but see no signs that a repeat of the 2008 Financial Crisis is imminent.