Wipro share price target: Following weak Q4 results reported by India’s third largest software services exporter, brokerages have reduced Wipro share price target. The Bengaluru-headquartered company has reported a 20/3% drop in net profit to Rs 1,803 crore in the three months ended 31 March, missing street estimates. Analysts had expected the company to post a profit of Rs 2,132 crore, according to Thomson Reuters data.

In a re-jigging of its store network, Reliance Retail has shut around 100 Reliance Fresh stores over the past two years or so, with the shutters having been downed for 20 of them in the past 12 months. The move, coupled with new stores in more attractive catchment areas, should help arrest losses.

India’s adoption of Jan Dhan scheme as well as biometric Aadhaar cards-based account opening has led to a massive shrinkage of the gender gap in financial inclusion, the World Bank said in a report released late Thursday night. The Global Findex database collects data from across the world on how adults save, borrow, transact, and interact in the financial system.

Incessant changes to the goods and services tax (GST) rules, also affecting refunds, and procedural issues affect export from special economic zones (SEZs). The Export Promotion Council for Export Oriented Units & Special Economic Zones (EPCES) has listed a number of persisting procedural and regulatory obstacles.

“There have been a staggering 367 changes to the GST rules till April 15, since the new tax structure came into being last year,” EPCES Chairman Vinay Sharma said.

Tata Motors, the market leader in commercial vehicles (CVs), would have exited 2017-18 with higher volumes and market share save for the capacity constrains it faced in the medium and commercial vehicle segment, Guenter Butschek, chief executive officer and managing director, said on Wednesday.

The Supreme Court on Wednesday gave Reliance Communications one week to pay Rs 774.19 crore towards deferred spectrum liabilities.

A bench led by Justice AK Goel gave RCom time till May 2 to pay its liability while disposing of the telecom firm’s two appeals challenging the TDSAT’s April 19 judgments that had refused to grant additional time to make the payment.

Ford Motor Co on Wednesday outlined a plan to cut costs and boost profit margins at a faster pace than previously announced, which includes dropping increasingly unpopular sedan models in North America.

The No. 2 U.S. automaker said it now plans to cut $25.5 billion in costs by 2022, up from a total of $14 billion the company announced to investors last fall.

Technology giant Microsoft India is the most 'attractive employer brand', followed by e-commerce major Amazon India, says a survey.

According to the findings of Randstad Employer Brand Research (REBR) 2018, the other most attractive employer brands in India include Hindustan Unilever, IBM India, ITC Group, Larsen & Toubro, Mercedes-Benz India, Samsung India, Sony India and Tata Consultancy Services.

Indian lenders will discuss a forensic audit report prepared by Kroll, a corporate investigations and risk consulting firm, which said bids by both ArcelorMittal and Numetal, a VTB Bank of Russia majority owned company, are ineligible to bid for Essar Steel. If the lenders decide to go ahead with the Kroll report, the first round bids by both ArcelorMittal and Numetal is likely to be rejected on Friday.

Wipro on Wednesday posted over 20 per cent decline in its consolidated profit to Rs 18 billion for the March quarter, 2017-18.

The country's third-largest software services firm had registered a profit of Rs 22.67 billion in the year-ago period, as per Indian accounting norms.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.