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New Delhi, Oct 9 (PTI) India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year. It had posted a profit of Rs 11,909 crore in the corresponding quarter of FY25. Revenues from operations for Q2 FY26 rose 2.39 per cent to Rs 65,799 crore, up from Rs 64,259 crore in Q2 FY25, according to a regulatory filing by TCS, which kicked off the Q2 earning ...Read More >
Mumbai, Oct 9 (PTI) Stock markets rebounded on Thursday with the benchmark Sensex climbing 398 points following buying in IT firms and blue-chip Reliance Industries and foreign fund inflows. The 30-share BSE Sensex climbed 398.44 points or 0.49 per cent to settle at 82,172.10. During the day, it jumped 474.07 points or 0.57 per cent to 82,247.73. The 50-share NSE Nifty jumped by 135.65 points or 0.54 per cent to 25,181.80. IT shares such as HCL Tech, TCS, Infosys, and Tech Mahindra gained ahe ...Read More >
Union Minister Jyotiraditya M Scindia announced India's SATCOM sector is poised for rapid growth, with the market expected to double in two years as regulatory frameworks and licensing processes advance. India is also an early mover in 6G technology, actively contributing to global standard-setting at ITU, with final standards anticipated by 2027-28 and implementation around 2030. India's satellite communications (SATCOM) sector is poised for significant growth as regulatory frameworks are bein ...Read More >
Mumbai, Oct 6 (PTI) Equity benchmark indices Sensex and Nifty were trading in the positive territory in early trade on Monday, propelled by buying in bank stocks. The 30-share BSE Sensex advanced 67.62 points to 81,274.79 in opening trade. The 50-share NSE Nifty went up by 22.3 points to 24,916.55. Later, both the key benchmark indices extended their rally. The BSE benchmark gauge quoted 170.85 points higher at 81,376.75, and the Nifty traded 50.40 points up at 24,944.30. From the Sensex firm ...Read More >
TCS layoffs: India's largest IT firm, Tata Consultancy Services, is accused of forcing around 2,500 employees in Pune to resign, PTI reported, citing a letter from the IT employees' body NITES to the Maharashtra Chief Minister on Wednesday. However, the IT giant has denied these claims, stating that the recent move to "realign skills in our organisation" has impacted only a limited number of employees. It further said, "Those who have been affected have been provided due care and severance, as ...Read More >
Tata Consultancy Services (TCS) has leased 1.75 million sq ft of commercial office space at Sattva Knowledge Point, Yeshwanthpur, Bengaluru, for a total rental outlay of about Rs 975 crore over five years with Darshita Southern India Happy Homes Pvt, according to real-estate analytics firm Propstack. The IT major will pay a monthly rent of Rs 15.37 crore, translating to Rs 87.73 per sq ft. The company has paid a security deposit of Rs 25 crore. The agreement includes a 14 percent rental escalat ...Read More >
Bengaluru, September 30: In a shocking incident, a man slit his wife's throat and stabbed her 45 times over suspicion of being friendly with male colleagues at her workplace. The gruesome act took place in their rented house on Ullal Main Road, Bengaluru, on Sunday, September 28. The husband, Dharmaseelan Ramesh, later ended his own life by hanging himself beside her. The deceased, Manju P, a 27-year-old nurse from Tamil Nadu, was found in a pool of blood. Authorities say the attack appeared pre ...Read More >
Mumbai, September 30: Indian equity markets closed on a cautious note on September 29, with benchmark indices ending flat amid volatility and profit booking. The BSE Sensex slipped 61.52 points to 80,364.94, while the Nifty 50 fell 19.80 points to 24,634.90. Sector-wise, PSU banks led gains with a 1.89% rise, while the Defence index lagged, down 1.20%. We at LatestLY list a few stocks that are expected to remain in focus on September 30, including Mahindra And Mahindra Ltd (NSE: M&M), Indian Rai ...Read More >
New Delhi [India], September 29 (ANI): Foreign Secretary Vikram Misri on Monday welcomed his Bhutanese counterpart Aum Pema Choden in New Delhi, the Ministry of External Affairs (MEA) said. The two Foreign Secretaries "reviewed the full spectrum of bilateral cooperation and reaffirmed the commitment of both sides to further strengthen the special India-Bhutan friendship," MEA spokesperson Randhir Jaiswal posted on X. Also Read | 'Her Mann Ki Baat': PM Narendra Modi Writes Foreword for Italian ...Read More >
New Delhi: Following the announcements of layoffs by IT giants TCS and Accenture, the aviation industry has now faced a major setback. Germany's renowned airline group, Lufthansa, announced on Monday, 29 September 2025, that it will lay off 4,000 employees at the administrative level by 2030. This move, taken in the name of promoting digitalisation and automation, is worrying news for millions of employed people. Lufthansa has faced persistent cost pressures and labour disputes over the past fe ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >
Mumbai, September 29: TCS layoffs have become a major talking point in the tech community since CEO K Krithivasan announced cutting 2% of the company's workforce. Previously, it was reported that around 12,000 employees had been laid off by the IT major in India; however, according to new reports, the tech sector has been facing several other issues globally, such as the H-1B visa fee hike by US President Donald Trump and the rise of artificial intelligence. Meanwhile, IT unions and other parti ...Read More >
Mumbai, Sep 29 (SocialNews.XYZ) The Indian equity indices opened higher on Monday with a rise in heavyweight stocks, as the key RBI MPC meeting began to decide on the repo rate. At 9.22 am, Sensex was up 108 points or 0.14 per cent at 80,534 and Nifty was up 30 points or 0.12 per cent at 24,685. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 302 points or 0.54 per cent at 56,680 and Nifty smallcap 100 index was up 90 points or 0.51 per cent at 17,651. Among t ...Read More >
New Delhi, India -- Meghna Gupta* had planned it all - a master's degree by 23, a few years of working in India, and then a move to the United States before she turned 30 to eventually settle there. So, she clocked countless hours at the Hyderabad office of Tata Consultancy Services (TCS), India's largest IT firm and a driver of the country's emergence as the global outsourcing powerhouse in the sector. She waited to get to the promotion that would mean a stint on California's West Coast. Now, ...Read More >
For the month, FII sold equities worth Rs 30,141.68 crore, while DII bought equities worth Rs 55,736.09 crore. The broader indices broke a three-week gaining streak and underperformed the main indices as markets remained under pressure throughout the week on worries over fresh tariffs on pharma, higher visa fees by the US, persistent trade concerns, and continued FII selling. For the week, Nifty50 plunged 672.35 points or 2.65 percent to finish at 24,654.70, while the BSE Sensex index declined ...Read More >
India achieves a significant milestone as Prime Minister Narendra Modi inaugurates BSNL's indigenous 4G network on September 27. This positions India among a select group of nations capable of manufacturing their own telecom equipment. The nationwide rollout across 98,000 sites will connect approximately 29,000 to 30,000 villages, marking a new era for India's telecom sector. New Delhi, Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL's fully indigenous 4G network ...Read More >
Amaravati, Sep 26 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday said the state will be developed as a knowledge hub and a destination for future technology to achieve the "one family-one entrepreneur" goal. Addressing the Assembly, Naidu said the NDA alliance government has provided employment to 4.71 lakh youth through a focus on skill development. In addition, appointment orders were handed over to 15,941 teachers. "Andhra Pradesh will be developed as a knowledge hub and ...Read More >
Jaipur (Rajasthan) [India], September 27 (ANI): On the inauguration of the indigenous BSNL 4G network in the country, Rajasthan Chief Minister Bhajanlal Sharma on Saturday applauded the efforts of Prime Minister Narendra Modi and said that it was a step forward for India towards a 'new' and 'self-reliant nation.' Prime Minister Narendra Modi today inaugurated Bharat Sanchar Nigam Limited's (BSNL) 'Swadeshi' 4G network from Jharsuguda in Odisha. The launch coincided with BSNL's silver jubilee ce ...Read More >
NEW DELHI: The launch of Bharat Sanchar Nigam Limited's (BSNL) indigenous 4G network has secured India's future, said a top executive of the state-controlled telecom carrier on Saturday. "The nationwide rollout of our indigenous 4G network, built on the strength of collaboration with TCS (Tata Consultancy Services), Tejas Networks, and C-DoT (Centre for Development of Telematics), is a resounding declaration of an Atmanirbhar Bharat," said Robert J Ravi, CMD, BSNL, in a statement. "The 'Made i ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty tumbled nearly one per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on branded drugs from next month. The 30-share BSE Sensex tanked 733.22 points or 0.90 per cent to settle at a three-week low of 80,426.46. During the day, it dropped 827.27 points or one per cent to 80,332.41 points. The 50-share NSE Nifty tumbled 236.15 p ...Read More >
Guwahati (Assam) [India] September 26 (ANI): Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M Scindia, arrived in Guwahati on Friday, to begin a two-day tour of the Northeast. Upon arrival, he participated in the Artfed Jagaran event organised under the GST Bachat Utsav and interacted with the media. Highlighting the GST rate cuts implemented by the government, Scindia described them as unprecedented and beneficial for every citizen, calling them the re ...Read More >
Mumbai, Sep 26 (SocialNews.XYZ) The Indian equity market ended the week on a negative note on Friday amid weak global cues and fresh US tariffs on certain pharmaceuticals imports. Nifty Pharma fell 470 points or 2.14 per cent. Sensex ended the session at 80,426.46, down 733.22 points or 0.90 per cent. The 30-share index started the session a bit lower at 80,956.01 against last session's closing of 81,159.68. The index further extended the loss amid overall selling to hit an intraday low of 80,3 ...Read More >
New Delhi: Prime Minister Narendra Modi will unveil on Saturday state-owned BSNL's 'Swadeshi' 4G stack, marking India's entry into a coveted league of nations such as Denmark, Sweden, South Korea, and China that produce and manufacture homegrown telecom equipment. This is a new era for the telecom sector, Communications Minister Jyotiraditya Scindia announced on Friday. Scindia said that over 97,500 mobile 4G towers will be commissioned by the PM at Jharsuguda, Odisha, on September 27. Over 92 ...Read More >
Mumbai, Sep 26 (PTI) Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical drugs from next month. The 30-share BSE Sensex tanked 733.22 points or 0.90 per cent to settle at a three-week low of 80,426.46. During the day, it dropped 827.27 points or 1 per cent to 80,332.41. The 50-share NSE Nifty tumbl ...Read More >
New Delhi, Sep 26: Prime Minister Narendra Modi will unveil on Saturday state-owned BSNL's 'Swadeshi' 4G stack, marking India's entry into a coveted league of nations such as Denmark, Sweden, South Korea, and China that produce and manufacture homegrown telecom equipment. This is a new era for the telecom sector, Communications Minister Jyotiraditya Scindia announced on Friday. Scindia said that over 97,500 mobile 4G towers will be commissioned by the PM at Jharsuguda, Odisha, on September 27. ...Read More >
New Delhi, Sep 26 (SocialNews.XYZ) Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL's fully indigenous 4G network on September 27, Union Telecom Minister Jyotiraditya Scindia said on Friday. With this milestone, India will join the league of select nations capable of building and manufacturing their own telecom networks and equipment. Speaking at a pre-launch event, Scindia said, "Tomorrow will be the day when the world will see India not just as a service provid ...Read More >
(RTTNews) - Indian shares traded lower on Friday, extending recent losses after the Trump administration said it would impose new tariffs on heavy trucks, drugs and kitchen cabinets. The benchmark BSE Sensex was down 310 points, or 0.4 percent, at 80,847 in early trade, while the broader NSE Nifty index dropped 94 points, or 0.4 percent, to 24,797. IT stocks such as Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies were down 1-2 percent after Accenture issued cautious guidance for FY26 a ...Read More >
Mumbai, Sep 24 (SocialNews.XYZ) The Indian equity indices ended the session in negative territory on Wednesday, continuing the losing streak this week amid persistent selling in IT stocks and profit booking in the auto, banking and financial services sectors. Sensex ended the session at 81,715.63, down 386.47 points or 0.47 per cent. The 30-share index opened slightly lower at 81,917.56 against the last session's closing of 82,102.10. The index slipped further amid selling across major sectors ...Read More >
MUMBAI: The Indian equity indices ended the session in negative territory on Wednesday, continuing the losing streak this week amid persistent selling in IT stocks and profit booking in the auto, banking and financial services sectors. Sensex ended the session at 81, 715.63, down 386.47 points or 0.47 per cent. The 30-share index opened slightly lower at 81, 917.56 against the last session's closing of 82, 102.10. The index slipped further amid selling across major sectors to hit an intra-day l ...Read More >
Mumbai, Sep 24 (PTI) Benchmark stock indices Sensex and Nifty fell for the fourth consecutive day on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investor sentiment. The 30-share BSE Sensex dropped 386.47 points or 0.47 per cent to end at 81,715.63. During the day, it tanked 494.26 points or 0.60 per cent to 81,607.84. The 50-share NSE Nifty declined 112.60 points or 0.45 per cent to 25,056.90. Among Sensex firms, Tata Motors, Bhara ...Read More >
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