Infosys announced its latest round of performance-linked payouts for the September quarter, issuing bonus letters on Friday to employees across several job levels. The Bengaluru based company, which is also India’s second-largest in the IT sector, has granted an average bonus of 75% of the eligible or target amount for the period. Employees told ET…
Asian equities struggled on Tuesday, weighed down by a dip on Wall Street and caution ahead of major economic decisions. Hong Kong’s HSI dipped 1.1% to 25,481, shedding 284 points. Nikkei also traded at 50,550, down 0.06% or 31 points. Shanghai and Shenzhen joined the downward rally, trimming 0.27% and 0.37% respectively, at 11:20 AM…
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PM Modi, people offer namaz at Mahim Dargah in Mumbai Prime Minister Narendra Modi on Saturday wished the nation on Eid-ul-Fitr through a post on social media.In his message, he said, “Best wishes on Eid-ul-Fitr. May this day further brotherhood and kindness all around. May everyone be happy and healthy. Eid Mubarak!”President Droupadi Murmu also…
South Korea’s long-awaited Digital Asset Basic Act (DABA), a sweeping framework meant to govern crypto trading and issuance in one of Asia’s most active digital asset markets, has been delayed amid disagreements among regulators over stablecoin issuance. The most significant disagreement centers on who should have the legal authority to issue KRW-pegged stablecoins, according to…
Jurrien Timmer, director of global macro at Fidelity Investments, characterizes the current market environment as “another wild ride,” where each week seems to deliver headlines stranger than the last. Yet despite the volatility, his overarching message is that conditions are not nearly as dire as they might appear, and he remains relatively constructive on the…
ANI image As India welcomed the arrival of three crude oil tankers at its ports that travelled through the Strait of Hormuz, two more vessels are scheduled to arrive in the coming days. The move signals cautious easing in the maritime movement of vessels despite ongoing tensions in the region.According to Reuters, two Indian-flagged LPG…
Bitcoin mining difficulty has climbed to 144.4 trillion (T), up 15%, the largest percentage increase since 2021, when the China mining ban led to a major disruption, which followed a 22% upward adjustment as the network stabilized. Difficulty adjustments measure how hard it is to mine a new block on the network. It recalibrates every…
MUMBAI: Months after his exit, former Sir Ratan Tata Trust (SRTT) trustee Mehli Mistry has challenged the positions of Venu Srinivasan and Vijay Singh on the board of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, arguing they are ineligible under the 1923 deed, which bars non-Zoroastrians and non-Mumbai residents, and has called for an…
The new futures contracts, available in micro and standard sizes, are set to launch on Feb. 9, pending regulatory approval. Source link
