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Biocon chief Kiran Mazumdar-Shaw met Karnataka Deputy Chief Minister DK Shivakumar to discuss Bengaluru's growth and innovation. This meeting follows a public disagreement over the city's infrastructure, with Shaw previously highlighting poor road conditions and garbage management. Shivakumar had earlier suggested industrialists could develop roads themselves if dissatisfied. Biocon chief and industrialist Kiran Mazumdar-Shaw on Tuesday morning met Karnataka Deputy Chief Minister DK Shivakumar ...Read More >
Karnataka LoP R Ashoka criticised the state government's socio-economic survey, calling it misleading and incomplete. He alleged coercion, questioned the 15-day deadline, and said the survey hasn't even crossed 60% coverage. Hassan: Leader of Opposition in Karnataka Assembly, R Ashoka, on Monday, criticised the socio-economic and educational survey conducted by the state government, saying it is misleading and inaccurate. Add Asianet Newsable as a Preferred Source Ashoka claimed that the surv ...Read More >
* Video of Infosys canteen in 1990s Bengaluru went viral on social media * A former employee recalled 15-hour workdays and 50+ hour weeks were routine then * Social media users noted graduates of mid-90s did well in India Did our AI summary help? Let us know. Switch To Beeps Mode An old video of Bengaluru's Infosys canteen went viral on social media, sparking conversations about the early days of India's IT sector and the dedication of employees back then. In a post on X (formerly Twitter) ...Read More >
BENGALURU: The debate over Bengaluru's crumbling civic infrastructure is drawing more attention after industrialist Harsh Goenka backed Biocon founder Kiran Mazumdar-Shaw. Goenka criticised Karnataka's top politicians for targeting those who raise civic concerns instead of fixing the issues. RPG Enterprises Chairman Harsh Goenka, in a post on X on Sunday said, "It's unfortunate how thin-skinned our politicians are. When Kiran Mazumdar-Shaw spoke up about Bengaluru's crumbling infrastructure, in ...Read More >
Bengaluru, Oct 20 (SocialNews.XYZ) Karnataka BJP on Monday accused the state government of allegedly "misuning" caste census for the vote bank politics. Leader of the Opposition R. Ashoka said that not everyone has participated in the caste survey being conducted. "As Infosys' Sudha Murthy did not provide information for the caste survey, CM Siddaramaiah and Minister Shivaraj Tangadagi have threatened her. The government itself is engaging in rowdyism here. Even though the High Court has said t ...Read More >
Mumbai: RBL Bank expects its proposed share purchase deal with Emirates NBD to conclude within the next 5-8 months, with the management indicating the full $3 billion (₹26,850 crore) infusion - the biggest foreign direct investment in commercial banking - is likely this FY itself. The bank proposes to simultaneously seek regulatory and federal approvals while it seeks shareholder nod for the majority takeover. "It should be somewhere in the 5-8-month range," R Subramaniakumar, MD & CEO, RBL Ba ...Read More >
The exchange between Biocon chairperson Kiran Mazumdar-Shaw and Karnataka deputy chief minister DK Shivakumar has reignited debate over Bengaluru's infrastructure crisis. Biocon chairperson Kiran Mazumdar-Shaw has responded sharply to Karnataka deputy chief minister DK Shivakumar's remarks suggesting she had a "personal agenda" in criticising Bengaluru's crumbling infrastructure. Shivakumar, while leading his "Bengaluru Nadige" walk in KR Puram on Sunday, questioned why Shaw had not spoken up d ...Read More >
BENGALURU: The feud between Karnataka deputy CM DK Shivakumar and two of Bengaluru's most prominent corporate captains -- Biocon chairperson Kiran Mazumdar-Shaw and former Infosys director TV Mohandas Pai -- escalated Sunday over the city's crumbling infrastructure.Mazumdar-Shaw hit back at Shivakumar's remarks that those criticising govt's handling of Bengaluru's civic issues had a "personal agenda" and had remained silent during previous administrations."Not true. Both TV Mohandas Pai and I ha ...Read More >
Narayana Murthy and Sudha Murty have refused to participate in Karnataka's ongoing caste survey. This follows a High Court order making the survey voluntary. Union Minister Pralhad Joshi and MP Tejasvi Surya also opted out, citing concerns about the survey's intentions. Chief Minister Siddaramaiah stated the survey is progressing well statewide, excluding Bengaluru. Infosys founder NR Narayana Murthy and wife Sudha Murty have declined to participate in the ongoing socio-economic and educational ...Read More >
Bengaluru: The ongoing Social and Educational Survey in Karnataka has been extended till October 31, Minister for Kannada and Culture and Backward Classes Welfare Shivraj S. Tangadagi announced on Sunday. The decision was taken during a meeting chaired by Chief Minister Siddaramaiah at his residence, "Krishna." Speaking to reporters after the meeting, the minister said that teachers will not be deployed for the remaining nine days of the survey and that staff from other departments will be util ...Read More >
Bengaluru, Oct 19 (PTI) Responding to repeated criticism from some industry leaders about Bengaluru's infrastructure issues, Karnataka Deputy Chief Minister D K Shivakumar said on Sunday that he is open to criticism but some people are doing it too much, and he will remain unfazed by such things. Asserting that the government is taking measures to fix these issues, Shivakumar, who is also the Minister in-charge for Bengaluru development. said that people have given the Congress government an op ...Read More >
Indian stock markets, Sensex and Nifty, recovered from an early dip on Friday. Foreign fund inflows and anticipation of US Federal Reserve rate cuts boosted investor sentiment. Asian Paints, Mahindra & Mahindra, and Bharti Airtel were among the top gainers. This rebound follows strong performance on Thursday, driven by positive economic outlook and global factors. Mumbai, Equity benchmark indices Sensex and Nifty bounced back after starting the trade on a weak note on Friday, helped by foreign ...Read More >
British Prime Minister Keir Starmer speaks to the media during a press conference at One Lodha Place, in Mumbai | Reuters Indian politicians like to claim that their governance innovations -- particularly digital public infrastructure that's shared between the state and the private sector -- are widely admired. They can even point to the occasional testimonial from the leader of another developing nation. But last week they bagged an unusual prize: UK Prime Minister Keir Starmer declared that ...Read More >
Mumbai, October 18: The Indian equity benchmarks ended the week decisively higher amid short covering from foreign institutional investor (FII) participants and resilient domestic cues. Market optimism was bolstered by clarity in the India-US trade relations, with both sides tentatively agreeing to conclude the first phase of the deal by November. The sentiment remained upbeat as Bank Nifty achieved a new milestone, driven by robust buying interest in leading banking stocks. Investor confidence ...Read More >
Infosys, on Tuesday said it has been awarded a £1.2 billion, 15-year contract by the NHS Business Services Authority (NHSBSA) to deliver Future NHS Workforce Solution. As per the contract, Infosys would develop a cutting-edge, data-driven workforce management solution, that would replace the existing Electronic Staff Record (ESR) system, and facilitate payroll functions for 1.9 million NHS employees in England and Wales who are paid £55 billion annually, said a press release. According to a c ...Read More >
Mumbai: Benchmark Sensex spurted by 484 points and Nifty closed at a 52-week high on Friday, extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE Sensex jumped 484.53 points or 0.58 per cent to settle at 83,952.19, a level not seen since June 27. During the day, it surged 704.58 points or 0.84 per cent to 84,172.24. The 50-share NSE Nifty climbed 124.55 points or 0.49 per cent to s ...Read More >
Nizamabad: BC organisations are making arrangements for a Nizamabad district bandh on October 18, demanding 42 per cent reservation in local and urban body elections. The bandh will be observed across the state, including Nizamabad. The organisations have called for its successful implementation. Interestingly, the ruling Congress and Opposition parties, BJP, BRS, and Telugu Desam, have all declared their support for the bandh. BJP district president K. Dinesh said the party fully supports the ...Read More >
New Delhi, Oct 17: Former UK Prime Minister Rishi Sunak joined his father and mother-in-law in enjoying local cuisine at a restaurant in Central Delhi's Bengali Market, a VIP appearance that attracted the attention of shoppers and diners in the upscale business district, said a shop owner on Friday. "I stuffed some sweets at Bengali sweets," said Sunak at the NDTV World Summit 2025, crediting his mother-in-law, Sudha Murthy, a Rajya Sabha member who is aware of Delhi's popular spots, for sugges ...Read More >
Mysuru, October 17: Responding to Infosys founders Narayan Murthy and his wife Sudha Murty submitting a declaration that they would not provide information for the ongoing controversial socio-economic and academic survey, commonly known as caste census, saying that they do not belong to the backward classes, Karnataka Chief Minister Siddaramaiah said on Friday that Narayan Murthy is mistaken if he thinks that this is a survey only reserved for the backward classes. Speaking to the media in Mysu ...Read More >
Bengaluru, Oct 17 (PTI) Karnataka Chief Minister Siddaramaiah on Friday said Infosys founder N R Narayana Murthy and author Sudha Murty have "some misconceptions" about the ongoing social and educational survey being conducted in the state. "There is a notion that this is a survey for backward castes," Siddaramaiah told reporters here. "It is not a backward classes survey. Let them write whatever they want. People should understand what this survey is about. What can I do if they are unable to ...Read More >
BENGALURU: Rajya Sabha member Sudha Murthy refusing to participate in the Socio-Educational Survey-2025, popularly known as the caste census, being conducted by the Karnataka State Commission for the Backward Classes has continued to stir the controversy, with senior Congress leader and MLC B K Hariprasad alleging that it amounts to concealing vital public information. The permanent invitee for CWC Hariprasad take to 'X' to come down heavily on Murthy terming her move as the height of hypocrisy ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increas ...Read More >
BENGALURU (Reuters) -India's second-largest IT services exporter Infosys on Thursday raised the lower end of its annual revenue growth forecast after second-quarter revenue beat estimates on strong performance in financial services and manufacturing. Consolidated sales rose 8.5% on-year to 444.9 billion rupees ($5.06 billion) in the September quarter. Analysts, on average, expected 439.29 billion rupees, as per data compiled by LSEG. For the full year, Infosys expects revenue growth in the ran ...Read More >
(RTTNews) - Indian shares were little changed in early trade on Friday due to escalating Sino-U.S. tensions and renewed concerns about the U.S. banking sector. The benchmark BSE Sensex was down 7 points at 83,460 while the broader NSE Nifty index was marginally higher at 25,595. Infosys fell 1.6 percent on reporting a 2.2 percent quarter-on-quarter revenue increase in constant currency terms for Q2FY26. Wipro slumped 4.2 percent on reporting a 2.5 percent quarter-on-quarter (QoQ) decline in i ...Read More >
She said the Centre has increased the MSP of various food grains and pulses. Union Finance Minister Nirmala Sitharaman during her visit to Karnataka assured the farmers of all assistance to improve their income from agriculture. Speaking at the inauguration of the Farmers Training and Common Facility Centre at Jawalgera village of Raichur district in Karnataka, the Finance Minister said farmers have been provided soil health cards and fertilizers along with financial assistance through various ...Read More >
MUMBAI, Oct 16: Indian stock markets extended their rally for the second consecutive day on Thursday, driven by strong global cues and optimism over a potential US Federal Reserve rate cut. The benchmark BSE Sensex surged 862.23 points (1.04%) to close at 83,467.66, while the NSE Nifty gained 261.75 points (1.03%) to settle near the 25,600 mark at 25,585.30. The Sensex had briefly soared over 1,000 points during intraday trade, hitting a high of 83,615.48. Investor sentiment was lifted by acr ...Read More >
Bengaluru, Oct 16 (SocialNews.XYZ) Reacting to Infosys founder Narayana Murthy and his wife, Sudha Murthy, declining to participate in the ongoing caste census, Karnataka Deputy Chief Minister D.K. Shivakumar said on Thursday that one can't be forced to provide information, and the participation in the survey is voluntary. Speaking to reporters in Bengaluru on Thursday, Shivakumar, while answering a question, stated, "We can't force anyone. To provide their information in the survey is left to ...Read More >
Bengaluru (Karnataka) [India], October 16 (ANI): Karnataka Minister Priyank Kharge on Thursday expressed his disappointment after Infosys founder chairperson Sudha Murty opted out of Karnataka's socio-economic survey. He said it was surprising that a member of parliament would make such statements. He questioned whether Murty's decision was influenced by BJP leaders, given her association with the party. Kharge emphasised that while participation is voluntary, refusing to participate altogether ...Read More >
Mumbai, Oct 16 (PTI) Benchmark BSE Sensex jumped by 862.23 points while Nifty closed near the 25,600 mark on Thursday, following across-the-board buying by investors triggered by a global stocks rally and US Fed rate cut hopes. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66 with 28 of its constituents ending higher and two with losses. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1. ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive ...Read More >
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