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Over 90% of freshers opt for lower salary option, says Wipro official

Over 90% of freshers opt for lower salary option, says Wipro official

More than 90% of the freshers have accepted lower salary options at Wipro in order to fast-track onboarding, the company's senior official said in a report by Economic Times.

In February this year, Wipro asked freshers to consider a lower starting salary. The IT major had written a letter to candidates who had been offered a salary package of ₹6.5 LPA, asking if they would be willing to join with a salary of ₹3.5 LPA. The move sparked a row in the IT sector.

Back India reports nearly 7,170 new covid cases in a day

Back India reports nearly 7,170 new covid cases in a day

India reported over 7,171 new covid cases in the last 24 hours, the union health ministry data said on Saturday. While the daily positivity rate has reached 3.69%, the weekly positivity rate stood at 4.72%.

The active caseload has reached 51,314. In the last three years of the pandemic, India has reported more than 44.9 million cases and 5,31,508 covid related deaths.

Goa beaches to get trained dogs, AI-powered systems for safety operations

Goa beaches to get trained dogs, AI-powered systems for safety operations

An official agency tasked with lifesaving operations in Goa said on Friday the state beaches will be soon equipped with trained dogs to spot and rescue people and locate missing children.

According to a PTI report, a team of 11 dogs, called the 'paw squad', is being trained, and it is a first-of-its-kind initiative in Asia, the Drishti Marine official said in the presence of state tourism minister Rohan Khaunte.

Rupee continues to make gains against dollar for 2nd consecutive month

Rupee continues to make gains against dollar for 2nd consecutive month

The rupee continued to make gains against the dollar for the second consecutive month as it appreciated by 0.42 per cent in April, after gaining 0.6 per cent in March.

It is also one of the best-performing currencies in April, as it fared better than many developed and emerging market currencies.

PI Industries surges 10% on twin acquisitions in pharma API, CDMO space

PI Industries surges 10% on twin acquisitions in pharma API, CDMO space

Shares of PI Industries surged 10 per cent to Rs 3,371 on the BSE in Friday’s intra-day trade in an otherwise subdued market after the company announced twin acquisitions into pharma active pharmaceuticals ingredients (APIs) and the contract development and manufacturing organization (CDMO) space.

PI Health Sciences (PIHS), a wholly-owned subsidiary of PI Industries (PI), has executed definitive documents with Therachem Research Medilab LLC (TRM) for acquiring its wholly-owned subsidiaries in India (TRM India and Solis Pharma Chem) and assets in the US.

Google took action against 3,500 personal loan apps in 2022 in India

Google took action against 3,500 personal loan apps in 2022 in India

Google in India took enforcement action against 3,500 personal loan apps in 2022, this also included the removal of apps from the Play Store for violation of the Play policy requirements.

This is part of the introduction of Google’s new license requirements introduced for personal loan apps in key geographies – Kenya, Nigeria, and the Philippines – with more stringent requirements for loan facilitator apps in India to combat fraud.

Wipro gains 3% on announcing Rs 12,000 crore share buyback via tender route

Wipro gains 3% on announcing Rs 12,000 crore share buyback via tender route

Shares of Wipro were up 3.5 per cent to Rs 388 in Friday’s intra-day trade, after the company announced share buyback plan worth Rs 12,000 crore. The firm intends to buy back about 4.91 per cent of its shares at Rs 445 per share through tender route.

However, in the past one year, Wipro has underperformed market as shares fell 26 per cent, as against 5.4 per cent rise in the S&P BSE Sensex. The stock had hit a 52-week low of Rs 351.85 on April 17, 2023.

Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200

Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200

Gold price remained unchanged in Friday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 61,040, according to the GoodReturns website. Silver price fell Rs 300 with 1 kg of the precious metal selling at Rs 76,200.

The price of ten grams of 22-carat was also unchanged at Rs 55,950.

The price of ten grams of 24-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 61,040.

Donald Trump 'raped, groped' ex-columnist E. Jean Carroll, court told

Donald Trump 'raped, groped' ex-columnist E. Jean Carroll, court told

Donald Trump raped a former American columnist E Jean Carroll (pictured) and later mocked her with defamatory comments, a US court hearing a lawsuit against the ex-president was told. Donald Trump’s lawyer said that E Jean Carroll was motivated by money and fame in opening arguments of the much-anticipated proceedings.

E Jean Carroll earlier claimed that Donald Trump sexually assaulted her in a changing room at the Bergdorf Goodman department store on Fifth Avenue in Manhattan.

Same-sex marriage case: Some kind of labelling important, SC tells Centre

Same-sex marriage case: Some kind of labelling important, SC tells Centre

A five-judge bench of the Supreme Court continued with its hearing on pleas seeking legal validation of same-sex marriages. The apex court on Thursday asked the government to find a way to give same-sex couples basic social benefits, like joint bank accounts or nominating a partner in insurance policies, even without legal recognition of their marital status.

While hearing a plea seeking the de-sealing of the Uphaar cinema hall, the apex court allowed Ansal Theatres and Clubotels Private Ltd, whose former directors were real estate barons Sushil Ansal and Gopal Ansal, to move the trial court.

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