Tata Consultancy Services (TCS) will reduce its workforce by 2%, impacting over 12,000 employees, to become more agile and future-ready, according to CEO K Krithivasan.
Growing substitution of Indian-made premium spirits with imported brands, often taxed more leniently, could erode state revenues and undercut local manufacturers, even as some players stand to benefit from cheaper inputs for blended pro ...more
The regulation shall be applicable to IndiGo from 2027
Demand notices include ₹276.68 crore towards disallowance of deductions claimed by the company on payment basis for the financial year (FY) 2010-11 under ISP (internet service provider) licence and FY07 and FY10 under NLD (national lo ...more
Tata Communications has received a demand notice of Rs 7,827.55 crore from the Department of Telecommunications (DoT) for adjusted gross revenue (AGR) dues from FY 2005-06 to FY 2023-24. The company is contesting the dues, asserting tha ...more
Prescribes new norms for rural, social sector and motor third party obligations
It is seeking out companies, talking to State governments to facilitate inflows
India's leading IT firms experienced modest single-digit revenue growth in Q1 FY26, influenced by global economic uncertainties and cautious client spending. While TCS and Infosys saw slight revenue increases, HCLTech led with 8.1% grow ...more
Market experts emphasize that progress in the ongoing India-US trade deal talks is being closely watched, as a positive outcome or signs of progress would ease uncertainties and boost market confidence.
Revised framework to benefit 28 companies currently under the surveillance framework
The company is retraining and redeploying staff as it enters new markets, invests in new technology and deploys AI, but about 12,200 jobs will be cut as part of the process, it said.
Besides the fund raising plan, the bank is betting big on its UPI related payments proposal, as it is currently working on developing an IND-UPI application, similar to the services provided by PhonePe, GPay or PayTM
A consortium led by Multiples Alternate Asset Management seeks CCI approval to acquire a 32% stake in VIP Industries from the Piramal family, triggering an open offer for an additional 26% stake. Valued at ₹1,437.78 crore assuming ful ...more
The RBI set the final redemption price for the Sovereign Gold Bond 2017-18 Series II at Rs 9,924 per gram, maturing on July 28, 2025, offering a return of 250.67%.
Tata Consultancy Services (TCS), India’s largest IT services firm, added 6,071 employees in the April–June 2025 quarter, bringing its total workforce to 6,13,069 as of June 30.
While we could establish a joint venture, my one regret is that we could not do an acquisition. We had various conversations but they did not translate into an acquisition. But hopefully Manish ( incoming CEO) will make it happen, s ...more
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