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IT hiring cools: TCS, Infosys & Wipro cut quarterly net employee additions by half in July-Sept and more

In Focus
IT hiring cools: TCS, Infosys & Wipro cut quarterly net employee additions by half in July-Sept
The cooling in IT hiring in India comes against the backdrop of major global tech firms slowing their hiring or trimming staff amid global headwinds.
Quarterly Earnings
PVR reports Rs 71 cr loss in Q2 as Bollywood's underperformance continues to hit margins
India's largest multiplex operator PVR Cinemas suffered the underperformance of Bollywood and Hollywood releases in the September quarter, even though it clocked its "busiest day of 2022" during the period.
Stock Markets
These 11 BSE 500 stocks climbed over 100% since last Diwali; what's next?
Despite the weakness in the equity market, as many as 11 stocks in the BSE 500 index managed to double investors' wealth since Diwali 2021.
Why Razorpay is focusing on the offline payments market in India
Razorpay is eyeing the offline segment after establishing itself in the online space since 2014.
Banking and Finance
RBI imposes monetary penalty on three cooperative banks of Gujarat
Among the banks that have been fined for deficiencies in regulatory compliance are Co-operative Bank of Rajkot Ltd, Gandhidham Mercantile Co-operative Bank Ltd, and Meghraj Nagarik Sahakari Bank Ltd.
Personal Finance
Before giving Diwali gifts this festive season, know about their tax implications here
Generally, when gifts are exchanged for a small amount to show a token of appreciation it doesn't come under the lens of a taxman but when it comes to expensive items you might have to pay taxes.
Midcap stock ideas: KPIT Tech, Metro Brands among JM Financial's 7 picks this Diwali
JM Financial has recommended seven midcap ideas, based on fundamental and technical factors, which it feels can deliver healthy returns over the next one year.
The Rupee has performed better than Dollar: FM Nirmala Sitharaman
FM Nirmala Sitharaman said that the Indian Rupee is not sliding but the US dollar is strengthening incessantly and that the RBI is doing its best to contain the fall of the Rupee.
BT Magazine
Sebi has made crucial changes to how IPOs are approved. What are they?
At a time when over 70 companies are in the pipeline to enter the stock markets through IPOs, capital markets regulator Sebi has announced key measures to encourage more IPOs.
Meta's ad revenue in India breaches $2 billion in FY 22
Meta India reported total profit before tax in FY22 at Rs 440 crore, growing 116 per cent YoY, while its profit after tax grew 132 per cent YoY to Rs 297 crore, as per RoC data.
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