NEW DELHI: Infosys, the nation’s second-largest IT services company, reported 20.5 percent growth in its consolidated net profit for the second quarter ended September 30 (2Q) on Wednesday. The company posted a net profit of Rs 4,845 million in the period considered compared to a profit of Rs 4,019 million …
Read More »Infosys to implement salary increases, promotions at all levels
Infosys announced today that it will implement salary increases and promotions at all levels beginning January 1. Infosys also said that it is awarding a 100% variable salary along with a special incentive for the second quarter. Infosys had more than 2.40 lakh employees at the end of September. Infosys …
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Read More »LIVE MARKET: Sensex dropped 250 pts before SC’s hearing on interest exemption
Indian markets were more than half a percent lower on Wednesday before the Supreme Court hearing on a series of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex fell 250 points to 40,360 levels and the Nifty50 index …
Read More »Rajinikanth Moves Court Against Property Tax Lawsuit In Wedding Hall Closed Due To Closure
Actor Rajinikanth has filed a property tax claim of 6.5 lakh rupees in the Madras High Court for a wedding hall, Raghavendra Mandapam, which he owns in Chennai. As the property has been closed since March 24 of this year in view of the coronavirus lockdown, the actor has argued …
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Read More »India to rank behind Bangladesh in 2020 GDP per capita, says IMF
Bangladesh is expected to overtake India in terms of gross domestic product (GDP) per capita this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. According to the International Monetary Fund (IMF) -World Economic Outlook (WEO), Bangladesh’s GDP per capita in …
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