China lockdowns, wage inflation tempers WPP profit growth

Ad group WPP raises outlook on booming digital demand

The world's largest advertising group WPP raised its full-year sales outlook on Wednesday, saying strong client demand had helped it to buck the gloomy mood gripping the global economy.

Britain's WPP, owner of the Ogilvy, Grey and GroupM agencies, said that while customers were cauti...


Microsoft predicts double-digit rev growth

Microsoft predicts double-digit rev growth

Microsoft Corp has forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4 percent.

Microsoft forecast Intelligent Cloud revenue of $21.1 billion to $21.35 billion for its fiscal fourth quarter, drive...


Bodhi Tree to invest $1.78 bn in Viacom18; Reliance to pump in $216 mn

Bodhi Tree to invest $1.78 bn in Viacom18; Reliance to pump in $216 mn

Reliance and Viacom18 on Wednesday announced a mouthwatering and potentially disrupting strategic partnership with Bodhi Tree Systems, which is a platform of James Murdoch’s Lupa Systems and Uday Shankar, to form one of the largest TV and digital streaming companies in India.


SIA-India signs pact with TSDSI for sustainable development

SIA-India signs pact with TSDSI for sustainable development

SatCom Industry Association (SIA-India) has signed a memorandum of understanding with Telecommunications Standards Development Society, India (TSDSI). The pact heralds the beginning of a new collaboration between the two vibrant organisations and together they are expected to cooperate in development of standards in India and international ...


Kangana, comedian Munawar Faruqui speak on child abuse in ‘Lock Upp’

Kangana, comedian Munawar Faruqui speak on child abuse in ‘Lock Upp’

Shining a spotlight on child abuse and sexual assault, actor Kangana Ranaut recounted her experience when she was "inappropriately touched" in her childhood years by a youth in her hometown in Himachal Pradesh. The actor talked about the incident on the reality show ‘Lock Upp’, on which she serves as a host, after contestant and comic Munawar...


Ranbir Kapoor begins shoot of ‘Animal’

Ranbir Kapoor begins shoot of ‘Animal’

Actors Ranbir Kapoor and Rashmika Mandanna have commenced shooting for their upcoming film ‘Animal’, the makers announced on Friday. The Hindi-language crime drama is directed by Sandeep Reddy Vanga of Kabir Singh fame and backed by T-Series. The production company said the team is currently filming in Manali, Himachal Pradesh, PTI reporte...