Cognizant Technology Solutions has disclosed in its latest regulatory filing that its Chief Executive Officer, Ravi Kumar, received a total annual compensation of $16.1 million for 2024, marking an 11% increase from…
Category: BUSINESS
Infosys adds 199 employees in Q4; will hire 20,000 in FY26 – Industry News
Infosys has kicked off the new financial year with a twin focus: rolling out wage hikes and expanding its workforce. The Bengaluru-based IT services major said that it began rolling out wage…
Bank Holiday Today: Are banks closed on April 18 for Good Friday? Check details here – Banking & Finance News
Bank Holiday on 18 April 2025 Good Friday: Bank outlets will remain closed in various parts of the country on April18 as thousands mark Good Friday. The solemn Christian occasion commemorates the…
Billionaire Gautam Adani to sell Australia terminal to Adani Ports, Bloomberg News reports – Industry News
Indian billionaire Gautam Adani will transfer ownership of an Australian port terminal to Adani Ports & Special Economic Zone in a deal worth about $2.4 billion as the India’s largest private port…
Are global markets closed for trading on Good Friday? – Investing Abroad News
The New York Stock Exchange (NYSE) and the Nasdaq will be closed on April 18 in observance of Good Friday. Although Good Friday is not a federal holiday, the US stock market is…
ITC set to acquire 24 Mantra Organic brand for Rs 472.50 crore – Industry News
The ITC is set to buy 100% of share capital of Sresta Natural Bioproducts, the company behind the 24 Mantra Organic brand. The deal is said to be valued around Rs 472.50…
BluSmart rebrands itself as Uber Green in Bengaluru: Report – Industry News
BluSmart, once seen as a competitor to Uber and Ola in India’s electric ride-hailing space, has been rebranding its fleet under Uber Green, as per a report by NDTV Profit. The move…
More layoffs at Infosys? Reports indicate tech firm let go 240 more entry-level employees – Industry News
IT services major Infosys has laid off 240 entry-level employees after they did not pass internal assessments, confirmed a Moneycontrol report after reviewing company emails sent on April 18. This followed a…
Apple takes a hit in Chinese smartphone market, shipments tumble 9% in first quarter – Industry News
Apple is losing its ground in China’s smartphone market. According to a Reuters report, the smartphone’s shipments in China dropped by 9% when compared to the same period last year. The report suggested…