BENGALURU: IT firms have witnessed growth in median salaries, with increases varying from 12% to 37% since FY21. Infosys and Wipro showed a 30% rise in median compensation, while Cognizant and Accenture recorded increases of 12% and 17.5% during the same period.From FY21 to FY24, salary improvements varied across companies. Indian firms recorded increases between…
Some state plans give cash incentives in May to spur contributions. Source link
BENGALURU: IPO-boundinvestment platform Groww signed an agreement to acquire wealth-tech startup Fisdom in a deal valued at approximately $150 million, people familiar with the matter told TOI. “The deal is entirely cash-based and is expected to close after regulatory approvals,” one of the people said.The transaction marks Groww’s entry into the wealth management and offline…
A decision by the Justice Department not to pursue a guilty plea from Boeing would be the latest about-face in a long effort to hold the plane maker accountable for the crashes of two 737 Max jets. Source link
MUMBAI: Call it consumption fatigue, price pinch, or a lack of new choices, demand for snacks remained static in FY25. Not all households necessarily cut back on spending on biscuits, noodles, or namkeen, but they did not buy more of them either, data sourced from market research firm Kantar showed.Some may have even purchased a…
Their union objected to the unilateral policy change. Starbucks said the disruption has been minimal. Source link
BENGALURU: Delhivery reported its first full-year net profit in the 2024-25 financial year, buoyed by continued gains in its part-truckload (PTL) business and improving operational efficiencies.The logistics company also said early customer movement and network synergy from its proposed acquisition of Ecom Express began reflecting in higher daily volumes.Its net profit for FY25 was Rs…
The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating. Source link
NEW DELHI: Reflecting strong business confidence, India ranked third globally in trademark filings, with nearly 5.4 lakh new applications in 2024, narrowing the gap with the US, the second-biggest filer with a little under 5.7 lakh applications.China maintained its lead with 68 lakh filings, despite a steady three-year decline in activity.According to data shared with…
Many airlines, hotels and analysts are forecasting a downbeat tourism season in America, as threats of tariffs and unpopular policy decisions take their toll. Source link
