IT company Wipro said its employees are engaged in providing relief effort to people displaced due to the ongoing Ukraine-Russia conflict
Maruti Suzuki posted a 58% rise in fourth-quarter net profit at Rs 1,839 crore. PM Modi said that he aims to make India a hub for semiconductors for the world. Read more on these in our top headlines.
Attrition rate at near 24%, revenue up over 28% to Rs 20,860 crore
The commentary on recent M&A, deal wins, vertical commentary, commentary of client's IT budget and revenue guidance are key to watch
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
The deal, which is expected to close by June 30, will strengthen acquirer's capabilities in large SAP transformative engagements
The ministry said that among the 19 applicants, eight are for AC components and 11 for LED Lights
IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements, it said in a statement on Monday. "India is a strategic market for Wipro and I am excited to welcome Satya to champion our bold ambition for growth and leadership here. Satya's rich international experience in delivering high value consulting services, and his track record of building successful sales and leadership teams will help strengthen Wipro's positioning as a trusted partner for Indian clients," Anis Chenchah, CEO of APMEA (Asia Pacific, India, Middle East and Africa) and member of the Wipro Executive Board, said. Easwaran will help clients leverage Wipro's capabilities and investments in cloud, digital, engineering R&D, data, analytics and cybersecurity for their business and digital .
Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.
TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.
Chenchah also joins Wipro Executive Board; replaces N S Bala, who is moving to US for personal reasons
Corporate India's leading earners got a total paycheck of Rs 3,222.4 crore - up from Rs 2,424.9 crore a year ago
He also praised Telangana for its handling of the Covid crisis, saying that the state has by and large contributed significantly towards managing the pandemic
Analysts believe top-line growth will be driven by broad-based demand
The rating agency, in a statement, said it has affirmed Wipro's senior unsecured rating on the $750-mn senior notes due 2026
CLOSING BELL: Tech M, Tata Motors, BPCL, ITC, JSW Steel, PowerGrid, Bajaj Auto, Infosys, TCS, Bajaj Finserv, Bharti Airtel, Wipro and IndusInd Bank were the other gainers
Wipro will be in focus as the company's board will meet on March 25 to consider an interim dividend.
Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.
Lupin may be in focus as it has launched its first Reference Laboratory in East India in Kolkata.
The SC took note of unconditional apology of R Subramanian, who through various companies initiated a maze of frivolous litigations against Azim Premji and others