Tue, Nov 26, 2024 1:38 PM
U. Y. Fincorp Standalone September 2024 Net Sales at Rs 45.24 crore
A Flip by Avya Verma
IT services company Infosys is handing out a 90% average performance bonus to eligible employees for the quarter ended September, sources said. The payout which will be disbursed with November-end salaries, covers employees in the mid to junior levels. The performance bonus averages about 90 per cent this time around, sources said, adding it was at about 80 per cent in Q1.
Open Flip
Dell Technologies (DELL) stock sank as much as 12% early Wednesday after the company took a cautious approach to its forecast for investors while warning that AI growth "will not be linear." "AI is a robust opportunity…and interest in our portfolio is an all-time high with no signs of slowing down," Dell COO Jeffrey Clarke said during a call with investors Tuesday night.
Open Flip
Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled. According to the Federal Reserve's preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up from just 2.1% in September, though it is still only modestly above the Fed's 2% target.
Open Flip
