Wipro CEO Thierry Delaporte resigns, Srinivas Pallia succeeds him

Wipro CEO and MD Thierry Delaporte has resigned from his position effective April 6. The software services firm said it has appointed Srinivas Pallia as the CEO and MD of the company. Unlike Thierry, who was brought in from Capgemini to lead Wipro four years ago, Palia is a Wipro veteran and has spent over three decades at the Azim Premji promoted firm. Read more here

Take a look at these key events

Today
World Health Day 2024
Court judgement on K Kavitha’s interim bail plea
PM Modi's roadshow in Jabalpur
Sonam Wangchuk to begin Pashmina march along LAC areas
CUET PG 2024: Deadline to raise objection on Provisional Answer Key
US, Allies to conduct maritime drills in the South China Sea amid Manila-Beijing tensions
IPL: MI vs DC; LSG vs GT
Tomorrow
Total Solar Eclipse
NSE to introduce four new indices in capital market and F&O segment
DCG Cables & Wires IPO to open
PM Modi to address rallies in Chandrapur, Maharashtra
CA Exam Postponement 2024: Delhi HC to hear petition to reschedule exam date
Tesla unveil robotaxi
Samsung opens Galaxy M15 5G launch

400 smallcap stocks deliver double-digit returns amid broader market rally

Broader indices continued the last financial year outperformance in the first week of April (FY25) as Indian benchmark indices witnessed volatility amid mixed cues. Among the broader indices, the BSE Small-cap, Mid-cap and Large-cap indices gained 7 percent, 4 percent and 1 percent, respectively. 400 Small-cap stocks gain 10-52 percent and among them a few rose 25-52 percent. Read details here

Bajaj Finance arm Bajaj Housing Finance picks Kotak, Axis, BofA, JM Fin and SBI Caps for mega IPO

In the latest development in the most high-profile equity capital market deal in the financial services space, Bajaj Finance's arm Bajaj Housing Finance has picked 5 investment banks as advisors as the home financier looks to launch a big-bang initial public offer within the next 12-18 months, five people in the know told Moneycontrol. Read more here

Ather Energy launches its first family scooter 'Rizta,' priced Rs 1,09,999 onwards

Electric two-wheeler maker Ather Energy has launched its first family scooter, 'Rizta,' to expand its offerings and scoop up more market share. The pre-order price of this will start from Rs 1,09,999. Details here

Amazon sets up Bazaar to sell unbranded, low value items in India

E-commerce firm Amazon has finally launched Bazaar, the destination for low-priced, unbranded fashion items and lifestyle products for value customers, the landing page of the app revealed. Amazon Bazaar will compete with SoftBank-backed Meesho and Flipkart’s Shopsy. The platform will largely sell unbranded products, including apparel, watches, shoes, jewellery, and luggage, all priced below Rs 600. Read here for more details

Company lists 5 rules for employees to stop 'time clock fraud': 'Use restroom before work'. Viral post

Companies seek employee efficiency, but overly strict rules can baffle workers. A Reddit user posted a company policy requiring staff to use the restroom before starting work to prevent 'time clock fraud'. Details here