Wipro

Wipro CEO Highlights AI’s Transformative Potential Across Industries

The world is on the brink of a technological revolution, and businesses everywhere are eager to leverage artificial intelligence (AI) to transform their operations. Srini Pallia, CEO and managing director of Wipro, underscored this in the company’s annual report for 2023-24. Wipro’s AI-Driven Ecosystem: ai360 Last year, Wipro launched ai360, an AI-first ecosystem supported by…

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Sensex

Sensex Crashes Over 1,000 Points Amid Geopolitical Tensions and Profit Booking: ₹10 Lakh Crore Wiped Out

India’s stock market witnessed a sharp downturn on Friday, April 25, with the benchmark Sensex plunging 1,075 points, or 1.35%, to an intraday low of 78,726. The Nifty 50 also fell sharply, dropping 368 points, or 1.5%, to hit 23,879 during intraday trade. Despite favorable cues from global markets, a broad-based sell-off across sectors pulled…

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ZEE

ZEE’s CEO, Punit Goenka, Initiates 20% Pay reduction and emphasizes Growth

ZEE Entertainment Enterprises Ltd. (ZEE) witnessed a strategic move on April 2, as its Managing Director and CEO, Punit Goenka, declared a voluntary reduction of 20% in his compensation package. This decision reflects Goenka’s dedication to propelling the company towards its growth objectives. Embracing Frugality and Efficiency In a regulatory filing, the company highlighted Goenka’s…

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India

Swiss FPIs Face Higher Dividend Taxes in India After MFN Clause Rollback

IntroductionSwiss-based foreign portfolio investors (FPIs) and private equity players are bracing for higher dividend taxes on their Indian income. Following a December 2023 announcement by the Swiss government, the previously beneficial 5% tax rate for dividends earned in India has been rolled back, increasing the rate to 10%. This move stems from the Indian Supreme…

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DBS Bank

DBS Bank India Backs K Raheja Corp with ₹520 Crore Funding for Major Commercial Tower in Pune

Pune’s commercial real estate market is on a record-breaking streak, and institutional lenders are taking notice. In a major deal for West India’s commercial property sector, DBS Bank India has sanctioned ₹520 crore in construction finance to a Special Purpose Vehicle (SPV) of Mumbai-headquartered real estate giant K Raheja Corp. The fresh financing facility will…

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Oil & Inflation

India’s Growth Story Meets the Oil & Inflation Test

The Big Picture Weekly India’s Growth Story Meets the Oil & Inflation Test Weekly Macro Market Recap | Week Ending 14 August 2026MarketTechGuru.com Executive Summary Indian equities ended the week on a cautious note as rising crude prices, geopolitical uncertainty, and continued foreign-investor pressure offset a generally resilient domestic economic backdrop. The Nifty 50 fell…

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Ruchir Sharma

Ruchir Sharma on India’s Challenging Business Climate: Entrepreneurs Seek Opportunities Abroad Amidst Regulatory Pressures

Ruchir Sharma, Chairman of Rockefeller International, has highlighted the challenging business environment in India, which is driving many entrepreneurs to establish their firms in places like Dubai and Singapore. While he acknowledges that India’s macroeconomic management has been “reasonably good,” he raises concerns about the microeconomic challenges and the overreach of investigative agencies that are…

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