Wipro’s net profit up 4.6 pc to Rs 3,003 crore, adds 337 employees in Q1 FY25
Bengaluru, July 19 - IT major Wipro reported a 4.6 per cent rise in net profit at Rs 3,003 crore for the first quarter of the current fiscal (FY25), as revenue dropped 3.8 per cent to Rs 21,964 crore.
CBDT awards Taxnet 2.0 project to Bharti Airtel
New Delhi, July 19 - The Central Board of Direct Taxes (CBDT) on Friday said that the Taxnet 2.0 project has been awarded to telecom major Bharti Airtel Ltd for providing network connectivity, facility management services and video conferencing services to the Income
Minor disruptions only in 10 Indian banks due to Microsoft global outage, says RBI
Mumbai, July 19 - The Reserve Bank of India (RBI) on Friday clarified that only 10 banks and non-banking finance companies in the country had minor disruptions due to the large-scale outage in Microsoft services.
India’s financial sector is sound and resilient: RBI Governor
Mumbai, July 19 - RBI Governor Shaktikanta Das said on Friday that amidst global challenges and uncertainties, India stands out as a fast-growing major economy with strong macroeconomic fundamentals, backed by a healthy and resilient financial sector.
RBI chief tells banks to step up vigil against cyber attacks, digital frauds
Mumbai, July 19 - RBI Governor Shaktikanta Das said on Friday that banks and financial institutions need to maintain the highest level of vigil and strengthen their IT systems keeping in mind the growing incidences of cyber-attacks globally.
Have multiple fail safes in place to avoid Microsoft-like outages: Experts
New Delhi, July 19 - Cybersecurity experts on Friday said that businesses must test their infrastructure and have multiple fail safes in place, however large the company is, as a massive Microsoft Windows outage created mayhem across the world, including in India --
Indian UHNIs have potential to triple philanthropic contributions to Rs 75,500 cr annually: AIP-BCG report
New Delhi, July 19 - Accelerate Indian Philanthropy (AIP) -- a non-profit organisation that works to promote and catalyse personal philanthropy in India, in partnership with Boston Consulting Group (BCG), have released their report titled "Wealth with Purpose: A Report on Private Indian
World Bank pledges $100 million to digitise Zambia
Lusaka, July 20 - The World Bank pledged $100 million to help Zambia speed up its digital infrastructure and increase access to the internet.
India’s goods exports to top countries record double digit surge
New Delhi, July 20 - India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.
Business sentiment improves in April-June quarter, firms expect to step up hiring: Survey
New Delhi, July 20 - The overall business sentiment in India improved during the April-June quarter of the current financial year with a significant number of firms expecting to step up hiring in the next six months, according to the latest National Council
Indian economy ripe for robust growth, entering ‘Goldilocks period’
New Delhi, July 20 - As the stock markets reach record high amid a surge in new investments and GDP forecast to grow at 7 per cent for FY25, the Indian economy is entering a ‘Goldilocks period’ amid ideal conditions for growth and
Centre to play crucial role in shaping infra for 6G networks worldwide
New Delhi, July 20 - Centre will play a crucial role in shaping standards and infrastructure for 6G networks worldwide, Dr Neeraj Mittal, Secretary (Telecom), has said.
US issues warning on Microsoft outage, Nadella says working to bring systems back online
San Francisco, July 20 - US cybersecurity agency CISA has warned that hackers are trying to take advantage of Microsoft outage for phishing and other malicious activity, as the tech giant’s Chairman and CEO Satya Nadella said they are working hard to safely
Personal finance insights: Market sentiments, investment strategies & economic trends
By YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +27.5% (high) $NYA50R, NYSE %Above 50-dMA 68.97% (positive) $SPXA50R, SP500 %Above 50-dMA 70.20% (high, barely)Delta MSI 47.9% (negative) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 60.59%, Hybrids 4.53%, Bonds 17.88%, M-Mkt 17.01% INTEREST RATESCME FedWatchFOMC 7/31/24+
Sharp selloff hits Indian stock market, investors lose Rs 8 lakh crore
Mumbai, July 19 - The Indian equity market witnessed a sharp selloff on Friday, following weak global cues and profit booking on higher levels.
CrowdStrike says single software update behind Microsoft Windows crash
New Delhi, July 19 - As the Microsoft Windows crash created mayhem globally, cyber-security platform CrowdStrike on Friday said it is actively working with customers impacted by a defect found in a single content update for Windows hosts.
Critical mineral roadshow, exploration hackathon to kick off in Hyderabad tomorrow
New Delhi, July 19 - Ministry of Mines will host the Mineral Exploration Hackathon and Critical Mineral Roadshow at Begumpet in Hyderabad on Saturday (July 20).
23 flights cancelled at Hyderabad Airport due to Microsoft outage
Hyderabad, July 19 - As many as 23 domestic flights were cancelled at Hyderabad's Rajiv Gandhi International Airport (RGIA) on Friday due to Microsoft global outage.
Govt e-marketplace learning management system extended to 12 Indian languages
New Delhi, July 19 - The new Government e-Marketplace (GeM) Learning Management System (LMS) has been extended to include six additional official languages making the user-friendly learning platform now accessible in 12 official languages of India, the Commerce and Industry Ministry said on
Nazara fully acquires Paper Boat Apps, to pay Rs 300 crore for remaining stake
Mumbai, July 19 - Nazara Technologies on Friday announced the acquisition of additional 48.42 per cent stake in Paper Boat Apps (PBA) for Rs 300 crore.