Mindtree sees nearly a quarter of its workforce leave in Q4 & more

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LATEST   Mindtree sees nearly a quarter of its workforce leave in Q4   The Bengaluru-based firm posted 23.8% attrition as the software industry is witnessing an all-time high attrition on the back of a post-Covid talent-war sparked off last year.

LATEST   Are L&T Infotech and Mindtree mulling a merger?   However, the two IT service companies have offered no comments on the reported development.

MARKETS   Share Market update: Sensex crashes 1,172 pts, Nifty ends below 17,200; Infosys, HDFC, HDFC Bank top losers   Sensex ends 1172 points lower at 57,166 and Nifty falls 302 points to 17,173. Infosys, Tech Mahindra, HDFC and HDFC Bank are the top Sensex losers, declining up to 7.16 per cent.

LATEST   After Sequoia Capital, Info Edge boss Sanjeev Bikhchandani bats for good corporate governance   The most-high profile investors in Indian start-ups are now backing the gold standard corporate governance rules after a series of incidents of financial irregularities in the new-age companies has come to the fore.

MARKETS   FIIs gung-ho on these BSE 500 stocks despite over Rs 1 lakh crore outflows in March quarter   Foreign institutional investors (FIIs), which offloaded shares worth Rs 1.10 lakh crore in Q4FY22, were also seen buying selective stocks on Dalal Street during the quarter gone by.

INDUSTRY   India crosses 4 lakh air passengers per day mark for first time since COVID-19   International traffic has also shown signs of recovery with 1,77,653 airport footfalls, 63,603 departing passengers and 54,050 arriving passengers.

PANORAMA   In Pics: WPI inflation rises to 14.55% in March   The wholesale price inflation (WPI) rose by 144 basis points (bps) in March, according to a statement released by the Ministry of Commerce and Industry on April 18.

LATEST   Zepto pilots snack delivery model in Mumbai; CEO says won't deliver other foods   The 19-year-old CEO Aadit Palicha, however, said that his company is not keen on foraying into the "food delivery" vertical, which includes delivering fast food, biryanis, etc.

Magazine   How HDFC is merging with HDFC Bank to create a financial services giant   The merger of mortgage giant HDFC Ltd with HDFC Bank, India's second largest bank, will create a financial services behemoth. What are the regulatory costs, the challenges and the opportunities?

News Reel   Top fund manager A Balasubramanian exclusive with Aabha Bakaya   MD & CEO, Aditya Birla Sun Life AMC and Chairman, AMFI, A Balasubramanian in conversation with Senior Editor, BT TV, Aabha Bakaya discuss the current market trends, prospects of the rural economy, debt funds and more.

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