Wipro chairman Rishad Premji's compensation down 50% as profits fall

Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm’s profit. Photograph: PTI Photo......

TVs, Laptops, Phones May Cost More

The reason? Price of open cell panels has gone up 15%.One of the main components in the manufacturing of TV sets, open cells contribute to 60%-65% of the manufacturing cost. IMAGE: Kindly note the......

Prices of white goods rise third time in 2021

Manufacturers of consumer durable goods have hiked prices for the third time this year as they struggle with rising commodity costs. Illustration: Uttam Ghosh/Rediff.com The latest hike is likely......

April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Maharashtra, which contributes between 12 and 15 per cent of appliances sales, announced lockdown-like curbs, meaning there will be no business for the second half of the month as well from the......