We start with black friday. The annual shopping binge after the thanksgiving holiday is now a global phenomenon, with retailers around the world offering discounts on everything from Kitchen Appliances to tvs to clothing. But its also becoming the focus of concerns about the environmental cost of consumerism. Spending in the us, the home of black friday, is forecast to hit more than 29 billion over the next four days. Theres an added incentive this year us retailers want to do as much business as possible ahead of a new 15 import tax due to hit chinese made goods later this month. It would affect 160 billion worth of goods, including popular gifts like smartphones, toys and clothes. Dont expect the frantic scenes in the shops of black fridays past though its increasingly being done online. Thats where more than three quarters of us are looking for bargains here in the uk, according to pwc, and the trend is the same around europe and the us. But are more of us growing uncomfortable with
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Delaporte had joined Wipro on July 6, 2020, when the market capitalisation was around Rs 117,500 crore. It ended at Rs 2.53 lakh crore at the end of Friday s session. After the rejig at the top management, the stock fell up to 1% at Rs 478.40 on BSE on Monday.
India Business News: Wipro stock price experienced a 1% drop on Monday, hitting a low of Rs 479 on the Bombay Stock Exchange. The sudden departure of CEO and Managing Director Thierry Delaporte caught investors off guard, leading to concerns about the company's immediate future, said an ET report. Many brokerage firms have issued sell ratings on Wipro's stock, anticipating a period of uncertainty before any potential turnaround.