Rival Tata Consultancy Services (TCS) added 5,726 employees and HCL Tech lost 780 employees.
Category: Brand Marketing
Wipro, Infosys report increased attrition rates in Q2 FY25
In the July-September quarter of FY25, Wipro added a total of 978 employees. Currently, the closing employee count of the company as of 30 September is 233,889
Infosys profits up in Q2, records 4.2% rise in revenue to Rs 40,986 crore
The company attributed the growth to various factors, including increased traction in generative AI, cost optimization, and the acquisition of In-Tech.
Tata Communications Q2 FY25 profit rises 3% to Rs 227.7 cr; Standalone loss widens
Tata Communications’ standalone profit slipped by 27% on a standalone basis year-on-year, and 66.8% on a quarter-on-quarter basis
Sourav Ganguly named Director of Cricket at JSW Sports
In his role, Sourav Ganguly will spearhead all cricketing properties owned by JSW Sports, including the Delhi Capitals Men’s IPL and Women’s WPL teams, and the Pretoria Capitals that plays in the SA20 League in South Africa.
Nestlé India sees 8.6% profit surge in Q2 FY25, names Manish Tiwary as incoming MD
Nestlé India has launched more than 145 new products contributing to approximately 7 percent of sales. The FMCG major also announced that eight more projects in the pipeline
Mamaearth ranks as the 3rd largest skincare brand in India, reports Euromonitor International
Home-grown D2C brand climbs beauty industry ranks as consumer demand for natural and toxin-free products grows.
Aditya Birla Digital Fashion raises stake to 32.8% in Virat Kohli-backed Wrogn brand
Aditya Birla Fashion Venture will now own 12,225 compulsory convertible preference shares (CCPS), constituting a 32.84% stake in WROGN.
Yamaha Motor to strengthen presence in India, eyes global hub status for overseas markets
Eishin Chihana, Chairman of Yamaha Motor India Group, about plans for next 10 years, said, “We have two missions. In Indian domestic market, we will continue to establish and increase our presence. On the other hand, we are aiming to become the global hub factory for the export to the overseas.”
Bikaji forays into QSR segment; invests Rs 131 cr to acquire stake in The Hazelnut Factory
The investment will be done in tranches and is expected to be completed in next two years.