The salt-to-software conglomerate, which was supposed to take over Air India from the government in January, is likely to complete the process only after the Union Budget on February 1.

The National Company Law Tribunal (NCLAT) had upheld the earlier order of the Bengaluru bench of the National Company Law Tribunal (NCLT), which had on May 25, 2021 directed winding up of Devas Multimedia and appointed a provisional liquidator for the purpose. The NCLT's direction came over a petition filed by Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO).

Tech companies are paying a premium of 25-30 percent on lateral hiring for similar positions from outside, but attrition is stabilising, the Wipro official said.

Reliance Retail is set to invest over $130 million in robotics startup Addverb Technologies, Co-founder and CEO Sangeet Kumar told CNBC-TV18 in an exclusive chat. Founded in 2016, Addverb Technologies counts Amazon, Flipkart, ITC and Coca-Cola among its clients. It last raised $10 million in 2018 from Jalaj Ashwin Dani of Asian Paints.