At Tata Group, top executives given pay hikes of up to 62%: Report

Published on Jun 13, 2023 12:30 PM IST

Among the group's companies, Indian Hotels, Tata Power, Trent Limited, and Tata Consumer led the list of ‘generous paymasters,’ as per the report.

The group operates 30 companies across 10 verticals (Representational Image)
By, New Delhi

Market benchmarks rally in early trade

Sensex rallies to 63,012 points in early trade; Nifty above 18,680

Sensex rallies to 63,012 points in early trade; Nifty above 18,680(Reuters / File)
Published on Jun 13, 2023 09:30 AM IST

Number theory: What is driving farmers’ protests in Haryana?

Farmers in Haryana have been protesting over the past few days demanding that the government procure sunflower seeds at the MSP. What explains these protests?

Protesting farmers at the highway
Updated on Jun 13, 2023 10:20 AM IST

Subhash Chandra, Punit Goenka can't hold directorial positions, says SEBI order

SEBI stated that Chandra and Goenka ‘alienated’ assets of ZEEL and other listed firms of Essel Group for associate entities owned & controlled by them.

Essel Group chairman Subhash Chandra.(Mint File)
Published on Jun 12, 2023 11:21 PM IST

Retail inflation eases to over 2-year low at 4.25% in May

Inflation based on the Consumer Price Index (CPI) stood at 4.7 per cent in April and 7.04 per cent in May 2022.

Representative Image
Published on Jun 12, 2023 05:48 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Sensex makes narrow gains to settle at 62,725, Nifty closes over 18,600

In Asian markets, meanwhile, Tokyo and Hong Kong ended in the green, while Seoul and Shanghai settled lower.

Representational Image(MINT_PRINT)
Published on Jun 12, 2023 03:39 PM IST

Edelweiss CEO wants her child to learn ‘5 things about money’. What are these?

Gupta's Twitter thread is winning hearts on the internet. Here is what all she wrote.

Radhika Gupta (Image courtesy: Bloomberg)
Published on Jun 12, 2023 02:27 PM IST
By, New Delhi

IndiGo co-founder's family may sell up to 8% stake worth 75 billion: Report

The Gangwal family will likely sell stake in block deals when the lock in for shares open on July 15, the report said.

Rakesh Gangwal resigned from the company's board in Feb. 2022 and had said that he would cut his stake in the airline over five years.(Photo: HT)
Published on Jun 12, 2023 01:12 PM IST
Reuters |

At Wipro, future pay hikes to depend on ‘upskilling & reskilling’ by employees

Saurabh Govil, the IT major's lead human resources officer, also urged employees to get trained in ‘niche skills’ such as generative AI and cybersecurity.

Wipro (Bloomberg file photo)
Published on Jun 12, 2023 12:42 PM IST
By, New Delhi

Petrol, diesel prices on June 12: Check latest rates in your city

The last nationwide change in fuel rates was in 2022 when Finance Minister Nirmala Sitharaman cut excise duty by ₹8 and ₹6 per litre on petrol and diesel.

Petrol and diesel rates went up in Punjab by 93 paise and 89 paise per litre, respectively, for retail customers on Sunday after the state government revised the value added tax (VAT) on fuel. (PTI)(HT_PRINT)
Published on Jun 12, 2023 10:17 AM IST
By | Written by Ritu Maria Johny

Sensex rises 158 points to open at 62,784, Nifty at over 18,600

In Asian markets, meanwhile, Tokyo quoted in the green, while Seoul, Shanghai, and Hong Kong were trading lower.

Representational Image
Published on Jun 12, 2023 09:27 AM IST

Mortgage firm, which fired employees over Zoom call, undertakes fresh layoffs

The company founded by Indian-American entrepreneur Vishal Garg has laid off its entire real estate team, according to reports.

Vishal Garg is the founder and CEO of (Image courtesy: Better,com)
Published on Jun 11, 2023 11:29 AM IST
By, New Delhi

Citigroup to slash 50 more jobs three months after mass layoffs: Report

The cuts are necessary for the bank to reduce its cost base because of adverse market conditions, according to the report.

Citi is also dismantling its global team that provides commentary and analysis on foreign-exchange markets. (File)
Published on Jun 10, 2023 12:54 PM IST
Bloomberg |

‘Consumer driving disruption, not tech’: Nitin Rakesh, CEO of Mphasis

Tech solutions provider credits the true arrival of the iPhone about 10 years ago, and the subsequent rise of Android’s popularity, as the time when the world got ‘app-ified’. That means businesses need creative developments and robust implementations.

Nitin Rakesh, CEO & MD, and Anurag Bhatia, head of Europe, at Mphasis. (Vishal Mathur / HT Photo)
Updated on Jun 10, 2023 11:22 AM IST

‘AR, apps replacing human interaction’: Bankim Chandra, CEO of Dotsquares

Dotsquares is building platforms for businesses that allow consumers to use AI tools and even AR. That is in line with the demands of different industries, something we also saw unfold with VR, during the recent Indian Premier League cricket tournament

Bankim Chandra, CEO of Dotsquares. (Vishal Mathur / HT Photo)
Updated on Jun 10, 2023 11:07 AM IST

Twitter to pay verified content creators for ads in replies: Elon Musk

The announcement comes amid Twitter's struggle to retain advertisers following Musk's takeover and sweeping changes in the platform's content rules.

Twitter owner Elon Musk.(Reuters)
Published on Jun 10, 2023 06:24 AM IST

Vistara has an alternative uniform for 10% cabin crew due to supply-chain snags

Vistara said it was experiencing limited availability of its cabin crew uniforms and some of them will be seen in black-coloured trousers and polo t-shirts with Vistara logo

Updated on Jun 09, 2023 09:26 PM IST

ED issues showcause notice to Xiaomi India, 3 banks for alleged FEMA violations

The showcause notices have also been issued to Manu Kumar Jain, former MD and Sameer B Rao, director and chief financial officer of Xiaomi India.

A man walks past a logo of Xiaomi, a Chinese manufacturer of consumer electronics, outside a shop in Mumbai,(REUTERS)
Updated on Jun 09, 2023 08:34 PM IST
By | Edited by Ritu Maria Johny

Chief economic advisor against Universal Social Security for India. Why? He says

Notably, former CEA Arvind Subramanian during the first term of the Narendra Modi government had mooted the idea of a uniform stipend to citizens.

Chief economic advisor V Anantha Nageswaran (PTI)(MINT_PRINT)
Published on Jun 09, 2023 07:55 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Free ICC World Cup, Asia Cup on Disney+ Hotstar. Following JioCinema's lead?

Making Asia Cup and ICC Men’s Cricket World Cup available to a wider audience, we believe, will help us grow the overall eco-system: Disney+ Hotstar official.

Disney+ Hotstar announces free Asia Cup and ICC Men's Cricket World Cup streaming for mobile users.(Live Hindustan)
Published on Jun 09, 2023 04:17 PM IST

Closing bell: Sensex loses over 200 points to settle at 62,626, Nifty in red at 18,563

In Asian markets, on the other hand, Seoul, Tokyo, Shanghai and Hong Kong ended in the green.

Representational Image
Published on Jun 09, 2023 03:37 PM IST

Byju’s to cut 1,000 jobs six months after mass layoffs: Report

Byju’s had fired 2,500 staff last year followed by 1,500 employees this year.

Byju Raveendran, CEO of education technology giant Byju’s.(File)
Published on Jun 09, 2023 03:27 PM IST

Freshworks holds third round of layoffs, senior execs impacted as well: Report

The total number of employees who got laid off, however, is not known. The company cited performance reviews as the reason behind the move.

The number of people laid off in this third round is, however, not known (Image courtesy: Moneycontrol)
Published on Jun 09, 2023 03:23 PM IST
By, New Delhi

Flight prices soar high on demand, stagnant supply

The demand is around 9% higher now, at 418,619 (the number of passengers flown on Wednesday) as compared to 383,000 per day during the same month in 2019

Aeroplane taxing through the runway at Terminal 2 in Mumbai. (Prashant Waydande/ HT File Photo)
Updated on Jun 09, 2023 01:14 PM IST

Google Pay introduces Aadhaar-based UPI activation: Here's how it works

The introduction of Aadhaar-based UPI setup is aimed at broadening the user base and facilitating digital payments.

The new feature allows users to set up a UPI PIN
Published on Jun 09, 2023 11:09 AM IST

Sensex climbs 135 points to open at 62,984, Nifty rises to 18,677

From the Sensex pack, IndusInd Bank, Titan, Tata Motors, UltraTech Cement, Larsen & Toubro, Axis Bank, Bajaj Finance and Bharti Airtel were the biggest gainers.

Sensex closes 66 points lower at 52,586; Nifty ends session at 15,763 points(MINT_PRINT)
Published on Jun 09, 2023 09:20 AM IST
PTI | , New Delhi

Touted as largest recruiter of women, TCS sees rise in female staff resignation

Women made up nearly a 4th of the leadership positions fulfilled with internal candidates in FY23, even though they account for only 14% of the applicant pool

TCS says said that it does not discriminate between genders on remuneration.(Bloomberg)
Published on Jun 08, 2023 10:00 PM IST

Regulators put the future of America’s crypto industry in doubt

Firms will head to friendlier waters

Absent legislation or friendlier regulators, the lawsuits place the fate of America’s crypto industry in judicial hands(Stock)
Published on Jun 08, 2023 09:33 PM IST
The Economist

Zomato deletes ‘Kachra’ campaign video after facing backlash from netizens

In response to the criticism, Zomato issued an official statement saying that they had no intention of hurting the sentiments of anyone.

Zomato said the intention of the ad was to raise awareness about
Published on Jun 08, 2023 04:17 PM IST
By | Edited by Poulomi Ghosh

Markets close in red with Sensex down 294 points at 62,848; Nifty at 18,634

The Reserve Bank of India left its key interest rate unchanged for a second straight policy meeting

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India. (File image)(REUTERS)
Updated on Jun 08, 2023 04:23 PM IST
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