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Wipro promotes 31 staff to senior roles after top-level exodus: Report

The promotions, seen by industry watchers as a move to stem senior-level attrition, came after a series of high-profile exits at the country's No.4 software services exporter

Jammu and Kashmir to auction third-tranche of lithium blocks again

The auction will take place again as the government received only two bids in the first round

Govt rejects Hindustan Zinc's plans to split company into different units

Vedanta has a 64.9% stake in Hindustan Zinc

NMDC exploring lithium assets, conducting negotiations in Africa, Australia

Additionally, NMDC is seeking lithium blocks from the Indian government on a nomination basis

Investors, once eager to pump in billions in Indian startups, losing steam

In January and February, India's startups raised about $900 million - a pace that signals another slow year after a six-year low of just $8 billion in 2023, Venture Intelligence data shows

United Nations adopts first global artificial intelligence resolution

The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies

Gaza's Shifa hospital a war zone as Antony Blinken meets Sisi in Cair

The main sticking point remains that Hamas says it will release hostages only as part of an agreement that would end the war, while Israel says it will discuss only a temporary pause

Accenture fans IT industry spending gloom with annual forecast cut

Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%

Apple CEO Cook inaugurates store in Shanghai amid falling iPhone sales

Local media also reported him meeting with Apple's Chinese suppliers including Wang Chuanfu, founder and president of BYD, whose electronics arm supplies components to the US firm

British businesses keep up recovery but prices still a worry, shows PMI

Closely watched by the BoE ahead of its 1200 GMT interest rate decision, the S&P Global Composite Purchasing Managers' Index (PMI) inched down to 52.9 in March from 53.0 in February

'Lenders to chase corporate bonds as new investment rules kick in'

Currently banks can hold up to 23% of their deposits under HTM as investments in government bonds and state debt and this cap will be removed in April

India's March business activity ends fiscal year on strong note: PMI

HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.3 this month from February's final reading of 60.6

Here's how the US lobbied India to reverse laptop licensing policy

US officials have often been concerned about India's sudden policy changes which they say create an uncertain business environment

Defunct SVB Group to sell Indian subsidiary to First Citizens Bancshares

SVB Financial Group is currently seeking approval from a bankruptcy court, with a hearing scheduled for April 9. The company anticipates that the transaction will close after this hearing

US Fed keeps key rates unchanged at 5.25%-5.5% for 5th straight meeting

Fed still expects three rate cuts in 2024 despite sticky inflation, stronger economy

Boeing must improve quality before boosting 737 MAX production, says FAA

Boeing's chief financial officer, Brian West, said last month that the planemaker's first-half output of 737 planes would be less than 38 per month

China's central bank leaves benchmark lending rates unchanged, as expected

China has set an economic growth target of "around 5%" for 2024, a rate that economists say is ambitious and calls for more stimulus, including monetary and fiscal easing

China launches signal relay satellite for mission to far side of moon

The moon's near side always faces Earth. That means data transfers from the far side are impossible as there is no direct line of sight

Tencent's Oct-Dec results: Revenue at $21.56 billion, misses estimates

The world's largest video game company and operator of the WeChat messaging platform reported revenue of 155.19 billion yuan ($21.56 billion) for the three months ended Dec. 31

Prabowo Subianto wins Indonesia's presidential election, says poll body

Prabowo is expected to take over from outgoing President Joko Widodo in October. He is expected to speak later on Wednesday