Digpu News

Mumbai (Maharashtra) [India], Oct 22 : Oberoi Realty Ltd has recorded a consolidated revenue of Rs 505 crore during the second quarter of current fiscal as against Rs 618 crore in Q1 FY20. The consolidated profit before tax was Rs 192 crore as against Rs 216 crore for Q1 FY20. The consolidated profit after tax also fell to Rs 138 crore as against Rs 152 crore in the preceding quarter. The current sentiment in real estate sector across the country has plummeted in recent years despite a slew of measures by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand. “In the last quarter, the Modi 2.0 government has taken a series of significant measures to boost the economy such as incentives for affordable housing, interest rate reduction and a corporate tax cut,” said Chairman and Managing Director Vikas Oberoi. “We are confident that the government will continue to take similar requisite steps for the real estate sector to accelerate growth and

Bengaluru (Karnataka) [India], Oct 23 : IT major Wipro Ltd said on Tuesday that it has been selected as a member of the global Dow Jones Sustainability World Index (DJSI) 2019 for the tenth year in succession. More than 2,000 companies were assessed from around the world and only 319 made it to the final DJSI World index for 2019-2020. Globally, Wipro ranks second in the IT services sector while it continues to be the leader in India. Launched in 2009, the S&P DJSI World is the gold standard for corporate sustainability. Inclusion in the index is based on rigorous analysis of a company’s performance on more than 20 primary indicators and 120 secondary indicators across a spectrum of economic, environmental, social and governance parameters. “We appreciate the comprehensive nature of assessment as it helps us constantly improve our standards in our sustainability journey,” said Chief Executive Officer and Managing Director Abidali Neemuchwala. “The recognition is a reaffir