Business
Vodafone Idea’s net loss decreased to Rs 6,432 crore for April-June from Rs 7,674 crore, thanks to reduced expenses, especially finance costs.
IRFC’s net profit stayed nearly the same at Rs 1,576 crore, with a slight revenue increase to Rs 6,765 crore, up 1.4% from last year.
Wipro’s Chief Technology Officer, Subha Tatavarti, resigned effective August 16, 2024, to explore new opportunities outside the company.
VA Tech Wabag received a Rs 415 crore order from Chennai Metropolitan Water Supply for operating and maintaining a desalination plant in Nemmeli for 7 years.
Hindustan Copper’s net profit rose to Rs 113 crore from Rs 47 crore last year, despite higher expenses and lower other income.