Wed, Mar 22, 2023 3:08 PM
IFSCA to encourage Indian startups to set up base in GIFT city
A Flip by Shubhangi Gupta
India, the world's largest democracy, is gearing up for General Elections this month, with over 96.8 crore eligible voters likely to participate and elect 543 members to the Lok Sabha. A recent report by BoB Economics delves into the macroeconomic factors during the previous election cycle in 2019 and compares them with the current year.
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A sayonara of surprise! It was a bolt from the blue for people at this corporate house when the head honcho called it quits. Everyone, even those close to this person, was taken by surprise when the news broke. Whispers echoed in the corridors with people trying to hazard a guess over what could have gone wrong.
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Wipro chief executive officer (CEO) Srinivas Pallia sold shares worth over Rs 5 crore in the company in February, almost two months before he was appointed to the top job. Pallia, who has been with the company for more than 30 years, sold 1 lakh Wipro shares on February 14, data from the National Stock Exchange shows. He was appointed the CEO and MD on April 6 following the surprise resignation.
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