SAP CEO Christian Klein announced that India will become the company's largest workforce, surpassing its German headquarters, with "over proportional" hiring and investments in research and development and customer success. SAP Labs India currently has 15,000 employees and is building a second office with a capacity for 15,000 more.
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Tata Steel Ltd announced its July to September quarter results on Wednesday, November 6. The company recorded a ₹833.45 crore net profit for the second quarter of the financial year 2024-25, according to the company’s BSE filing on Wednesday. Tata Steel shares closed 0.85 per cent higher at ₹153.60 after Wednesday’s trading session, compared to ₹152.30 at the previous market close.
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Sonata Software reported a slight increase in net profit for the second quarter ended September 30, with a 0.9% rise to ₹106.5 crore, compared to ₹105.6 crore in the previous quarter. However, the company, which offers a broad range of software and cloud services that support digital transformation for businesses and individuals, saw a 14% drop in revenue.
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