TCS shares dip to two-year low after job cut announcement
[ad_1] Shares of Tata Consultancy Services (TCS) declined 1.6% to ₹3,085.6, a two-year low on July 28 (Monday) after the IT bellwether announced a 2% reduction in workforce. The stock opened at about 0.8% lower than the previous close of ₹3,110. It briefly touch a high of ₹3,118 before midday and declined to ₹3,069 before settling at the day’s close price.
SEBI bars entities in stocks recommendation case for two years
[ad_1] Representational photo | Photo Credit: The Securities and Exchange Board of India (SEBI) has barred noticees who were recommending stocks with ‘guest experts’ on a popular business television channel while being in possession of non-public information for a period of two years, according to its final order released on Monday (July 28). The noticees namely Nirmal Kumar Soni, Partha
Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment
[ad_1] The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead of key trade and monetary policy decisions.After opening at 86.47 at the interbank foreign exchange, the domestic unit briefly strengthened to an intra-day high of 86.40 before slipping to
Fulcrum Digital to hire 100 more employees for Coimbatore centre
[ad_1] The company, which has deployed hundreds of AI agents across campuses, said it was continuing to hire talent with AI agents working side by side with humans to enhance efficiency and ensure quicker delivery to clients. | Photo Credit: HECTOR RETAMAL At a time when large Information Technology (IT) companies are gearing up to reduce workforce due to most
India is becoming the third lighthouse of 5G
[ad_1] India is playing an increasingly important role as a global lighthouse for 5G development, said Global System for Mobile Communications Association during the launch of its Mobile Economy APAC 2025 report. “In the first few years of the 5G era, the benchmarks were really China and the US. But as India continues to rise and expected to be the
Starlink not threat to BSNL, other telcos: MoS Communications
[ad_1] Starlink and satellite internet services like it would barely make a dent in the revenues of telecom operators and the state-owned telco BSNL, Minister of State for Communications Chandra Sekhar Pemmasani told presspersons on Monday. Mr. Pemmasani was speaking on the sidelines of a BSNL strategy meet, chaired by Communications Minister Jyotiraditya Scindia. All the over thirty circle heads
Knowledge Realty Trust’s ₹4800-cr REIT issue to open on Aug 5
[ad_1] Blackstone and Sattva group sponsored real estate investment trust Knowledge Realty’s ₹4,800-crore IPO has been greenlighted by Securities and Exchange Board of India Trust and is set to open on August 5. It will be the second largest REIT in Asia and India’s largest based on its gross asset value of ₹62,000 crore, according to the prospectus filed with
Excess rain in Bundelkhand clouds India’s kharif black matpe crop prospects
[ad_1] The Centre has declared an MSP of ₹7,800 per quintal for urad for the 2025-26 season | Photo Credit: iStockphoto Even as the sowing under black matpe (urad), a key kharif pulses crop trails last year acreage levels, excess rain in the Bundelkhand region in Central India, a key producing region, has raised concerns and is will likely hurt
IIM-Calcutta Innovation Park partners with the UAE-India CEPA Council
[ad_1] Subhrangshu Sanyal, CEO, IIM-Calcutta Innovation Park | Photo Credit: Debasish Bhaduri IIM-Calcutta Innovation Park (IIMCIP) has partnered with the UAE-India CEPA Council (UICC) for identifying promising Indian startups and enabling them to enter the UAE market to scale up and expand globally. A Memorandum of Understanding (MoU) was signed between IIMCIP and the UICC for formalising the strategic partnership
Karnataka Govt rolls back suspension of IPS officers amid RCB stampede legal proceedings
[ad_1] The CAT had, on July 1, quashed the suspension of Vikash Kumar Vikash, who was serving as Additional Commissioner of Police (West) at the time of the incident | Photo Credit: – In a significant reversal, the Karnataka government has revoked the suspension orders of senior IPS officers who were earlier suspended in connection with the RCB stampede. The
Arunachal Pradesh: Earthquake of magnitude 3.5 jolts Tirap
[ad_1] An earthquake of magnitude 3.5 occurred on Monday at 18:36:23 Indian Standard Time (IST) in Arunachal Pradesh’s Tirap district, as reported by the National Centre of Seismology. According to NCS, the earthquake location was at Latitude 27.06 N, 95.42 E, with a depth of 7 km. Earlier on July 21, an earthquake of magnitude 3.4 on the Richter scale
IonQ hires former JPMorgan Chase applied research head
[ad_1] Marco Pistoia Source: JP Morgan IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan’s internal research group from 2020 to this year, will join IonQ as senior vice president of industry relations,
7,253 claims received, 4,978 processed under Unified Pension Scheme: Nirmala Sitharaman
[ad_1] Unified Pension Scheme (UPS) has received 7,253 claims, Finance Minister Nirmala Sitharaman said on Monday, July 28. Out of these 7,253 claims, 4,978 claims have been processed for payment of benefits, as of July 20. There are 25,756 retired Central government subscribers eligible to receive additional benefits under UPS, according to the eligibility criteria, the minister informed the Parliament.
UnitedHealth UNH Q2 earnings preview
[ad_1] UnitedHealth Group Chairman and CEO Stephen Hemsley will face the first real test Tuesday of his ability to regain investor confidence as the largest private U.S. insurer reports earnings. The Dow component has seen its share price cut nearly in half since mid-May, with the stock on pace for its worst year in more than a decade, after earnings
Rare earth elements found in Singrauli coalfields; extraction viability under study, Coal minister G Kishan Reddy tells Parliament
[ad_1] Coal and Mines Minister G Kishan Reddy on Monday informed Parliament that promising reserves of rare earth elements (REE) have been discovered in the Singrauli coalfields of Madhya Pradesh, following detailed research and appraisal by Coal India Ltd (CIL).REEs — including elements like scandium and yttrium — are essential components in clean energy systems, electronics, electric vehicles and other
Vinati Organics says accident at plant kills one
[ad_1] Vinati Organics said on Monday one of its employees died on Saturday at its plant in Maharashtra in an accident during routine operations. The company does not foresee any material financial or operational impact due to the incident. Published on July 28, 2025 [ad_2] Source link
ISRO to launch NISAR satellite with NASA on July 30; Gaganyaan Humanoid Mission in December
[ad_1] The Indian Space Research Organisation (ISRO) is gearing up for a series of exciting missions. According to the organisation’s chief, Dr V Narayanan, ISRO will launch the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite on July 30 using the GSLV-F16 rocket. This satellite will scan the entire globe every 12 days, providing high-resolution, day-and-night, all-weather imagery across a 242 km
Heavy rain alert in Rajasthan: Schools closed in 10 districts amid safety concerns
[ad_1] Due to a new weather system, many districts of Rajasthan have been experiencing continuous heavy rainfall for the past two days. The Meteorological Department has issued alerts for further heavy rains in the coming 48 hours, prompting precautionary measures across the state. As a result, school holidays have been declared in 10 districts. A Red Alert has been issued
U.S. to release result of probe into chip imports in two weeks
[ad_1] Trump said many companies would be investing in semiconductor manufacturing in the United States [File] | Photo Credit: REUTERS The Trump administration will announce the results of a national security probe into imports of semiconductors in two weeks, U.S. Commerce Secretary Howard Lutnick said on Sunday, as U.S. President Donald Trump suggested higher tariffs were on the horizon. Lutnick
Top stocks to buy: Stock recommendations for the week starting July 28, 2025 – check list
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting July 28, 2025) are VA Tech WABAG, and HDFC Bank. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) VA Tech WABAG 1621 1900 17% HDFC Bank 2005 2300 15% VA Tech
TCS layoffs: What will Tata Consultancy Services do for 12,000 employees it will let go this year? What the IT giant said
[ad_1] TCS layoffs: The move to cut its staff strength also comes at a time when TCS is facing resistance for its changed bench policy. (AI image) TCS layoffs: India’s largest IT services exporter, Tata Consultancy Services (TCS), on Sunday announced that it plans to lay off 2% of its workforce over the year. This decision to reduce its employee
Suresh Narayanan steps down after leading Nestlé India’s revival and expansion
[ad_1] Suresh Narayanan, who steered Nestlé India through the most challenging “existential” Maggi crisis, will retire on July 31 after a decade at the helm—a satisfied man. That sense of satisfaction stems from leaving the packaged food major in significantly better shape, with revenue growing at 10 per cent CAGR, profit after tax rising nearly six times, and market capitalisation
Enforcement Directorate searches are over, say Reliance Group companies
[ad_1] “RCOM is undergoing Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code, 2016, since over six years,” Reliance Infrastructure said. File | Photo Credit: Reuters Reliance Group firms Reliance Infrastructure (RInfra) and Reliance Power (RPower) on Sunday (July 27, 2025) said the Enforcement Directorate (ED) had concluded searches on their premises and that the companies would continue
DGCA registers banned Chinese drones; more than 8,700 DJIs have got UINs
[ad_1] Chinese drones without ‘Type Certification’ are prohibited from import as well as their usage | Photo Credit: PTI Overlooking the ban imposed on Chinese drones since 2021, the Directorate General of Civil Aviation (DGCA) has registered more than 8,700 Chinese drones till date. The official website (https://digitalsky.dgca.gov.in/issued_uins) gives status of registration of drones meant only for civilian, police
Beverage makers’ June quarter goes downstream on early monsoon, unseasonal rain
[ad_1] Interestingly, the beverage makers had early volume gains in 2026 as summer arrived early | Photo Credit: VEDHAN M Early monsoon and unseasonal rainfall this year in most parts of the country have impacted the topline of beverage makers in the June quarter. This has not only impacted sales of the cola brands but also traditional milk-based beverage products,