Page 3 - Wipro News Today

Happy Wednesday! Top bosses at some of the countrys leading IT firms took home enhanced salary packages last fiscal. More on this on todays ETtech Morning Dispatch.

India Business News: BENGALURU: Infosys hired a mere 11,900 campus recruits in FY24, a 76% drop compared to the 50,000 freshers it hired in the year-ago period.

Shareholders are increasingly asking questions on rising number of sexual harassment cases, discrepancies in pay parity between men and women employees, lack of women in senior management and steps taken to reduce discrimination.

Domestic markets rally on exit polls predicting Modi governments massive mandate. ZEE, M&M Financial, Dr Reddys, Wipro, Biocon in focus. ZEE to discuss fundraising. M&M Financial reports increased disbursements. Dr Reddys opens biologics facility in Hyderabad. ICICI Bank partners with Adani One for co-branded credit cards with airport-linked benefits. RVNL awarded Rs 440 crore project by South Central Railway.

India's ruling party unexpectedly lost majority after elections but Prime Minister Narendra Modi will likely be back for a third-term with support from coalition partners. That unnerved investors in Indian companies both at home and in the U.S.

Wipro shareholders agreed to pay former CEO and Managing Director Thierry Delaporte $4.3 million in cash.

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Two 22-year-old students died in a road accident as their bike lost control and collided with a road divider on May 31 in Gachibowli.

For those who are unaware, the Labor Enforcement Officer filed a complaint against Azim Premji almost 8 years ago.

Over 90 percent of the valid votes by shareholders were cast in favour of the severance pay