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HCLTech CEO C Vijayakumar earned $10.85 million (about ₹94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to $18.6 million (about ₹154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of ...Read More >
Bengaluru: HCLTech CEO C Vijayakumar has emerged as the highest-paid Indian IT CEO, crossing the $10 million mark and topping the compensation charts.US-based Vijayakumar earned Rs 94.6 crore in the 2024-25 financial year, which comprised a base pay of Rs 15.8 crore, a performance-linked bonus of Rs 13.9 crore, long-term RSUs worth Rs 56.9 crore, and a bonus of Rs 1.7 crore. Vijayakumar's peers include TCS CEO K. Krithivasan, who earned Rs26.5 crore for the 2023-24 financial year, marking a 4.6% ...Read More >
Bengaluru: A senior Karnataka minister has said tech behemoth TCS planning to lay off 12,000 employees is "alarming" and hinted at withdrawing the labour law exemption, while his ministerial colleague has confirmed to TOI the tech industry will continue to enjoy the safety bulwark from labour inspections until 2029.The Karnataka labour department is seeking a serious "relook" at the exemption under the Karnataka (Standing Orders) Act of 1946 for IT, ITeS, BPOs and startups. In light of the TCS m ...Read More >
NEW DELHI, Aug 1: Reaffirming the Government's unwavering commitment to achieving self-reliance in emerging technologies, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, reiterated that the Rs 1 lakh crore fund will be dedicated to boost the private sector to drive India's sovereign technology ambitions. Dr. Jitendra Singh made these remarks while addressing the A ...Read More >
TCS has told the labour ministry it will honour all job offers despite delays in onboarding due to global headwinds. Responding to a union complaint, the IT giant cited deferred projects, denied layoffs, and questioned the union's role in ongoing hiring and restructuring issues. Tata Consultancy Services (TCS) has assured the ministry of labour that it remains committed to honouring all job offers it has made, even as it faces delays in onboarding due to global market challenges. The IT major s ...Read More >
SSC Exam Protest: Students accused the staff for misconduct and inappropriate behaviour SSC Exam Protest 2025: Huge protests continued for the second consecutive day in many cities across the country, including Delhi, over alleged mismanagement in the Staff Selection Commission (SSC) Selection Post Phase 13 recruitment exam. Several students and teachers gathered outside the Department of Personnel and Training (DoPT) on Friday seeking reform and accountability in the process. A day ago, studen ...Read More >
Bengaluru : The inaugural edition of Quantum India Bengaluru (QIB) 2025, held at Hilton Bengaluru Embassy, Manyata Tech Park, concluded today with resounding success, spotlighting Karnataka's growing leadership in quantum science and technology. Themed "Building a Quantum Ecosystem: Qubits to Society," the two-day summit brought together Nobel Laureates, policy leaders, scientists, startup founders, technologists, and students, reflecting the diversity and depth of India's quantum vision. Organ ...Read More >
Ajmer (Rajasthan) [India], July 20 (ANI): Following incessant heavy rainfall for two consecutive days, the Anasagar Chaupati area in Ajmer was waterlogged on Sunday morning. As the lake overflowed, the residential areas bore the brunt. Traffic movement on the route has been halted; only large vehicles are permitted to move here, while small vehicles and two-wheelers are not being allowed. Earlier, the Ana Sagar lake in Rajasthan Ajmer overflowed on Saturday morning, following incessant rain, ...Read More >
New Delhi: The combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys and Hindustan Unilever suffered erosion from their market valuation last week, ICICI Bank, Stat ...Read More >
New Delhi, Jul 20 (PTI) A report of the parliamentary committee set up to scrutinise the new Income Tax Bill, 2025, which would replace the six-decade old Income Tax Act, is scheduled to be tabled in the Lok Sabha on Monday. The 31-member Select Committee, chaired by BJP leader Baijayant Panda, was appointed by Lok Sabha Speaker Om Birla to scrutinise The new Income Tax Bill, 2025, which was introduced by Finance Minister Nirmala Sitharaman on February 13 in the Lok Sabha. The Committee has ma ...Read More >
New Delhi, Jul 20 (PTI) The combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys and Hindustan Unilever suffered erosion from their market valuation last week, IC ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax ...Read More >
Mumbai, July 18: Reliance Industries on Friday reported a strong 78 per cent year-on-year (YoY) jump in its consolidated net profit for the first quarter (Q1) of FY26, reaching Rs 26,994 crore. The company's revenue from operations also rose 5.3 per cent to Rs 2,48,660 crore compared to Rs 2,36,217 crore in the same quarter previous year, according to its stock exchange filing. The company's operating performance also improved significantly. Its earnings before interest, taxes, depreciation and ...Read More >
Indian equity markets edged lower on Wednesday, mirroring Asian market trends after the US inflation data release. Investors are exercising caution ahead of key corporate earnings reports and developments in US trade talks. Sectorally, auto, metal, and financial services faced declines, while Dixon Technologies surged following an acquisition announcement. Indian equity benchmarks opened slightly lower on Wednesday, tracking weakness in Asian peers after an uptick in US inflation data. Investor ...Read More >
In a rather unusual child custody case, the Supreme Court has directed the External Affairs and Home ministries to issue look-out notices for a Russian women - Victoria Basu - who has allegedly absconded with a five-year-old son from her marriage to an Indian man, Saikat Basu. A bench of Justice Surya Kant and Justice Joymalya Bagchi also directed the Delhi Police to 'trace the missing child without any loss of time' and hand custody to the father, who claimed Ms Basu and his son - with his mot ...Read More >
Mumbai: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82,087 and Nifty was down 35 points or 0.14 per cent at 25,075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC B ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindr ...Read More >
Mumbai, July 18 (SocialNews.XYZ) The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82,087 and Nifty was down 35 points or 0.14 per cent at 25,075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Ban ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from th ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Cong ...Read More >
NEW DELHI: The cancellation of the NEET PG 2024 exam has come under sharp scrutiny after it was revealed that the decision cost the government significantly. According to a response to an RTI query, the rescheduled exam held in August 2024 ended up costing more than the original exam scheduled for June. The sudden cancellation of the NEET PG exam in June last year led to a huge financial loss to the government as the rescheduled test cost more than the original amount. According to a response f ...Read More >
Mumbai, Jul 17: Benchmark stock indices Sensex and Nifty settled lower on Thursday following selling in IT and banking shares and investors remaining in a wait-and-watch mode ahead of the outcome of the US-India trade talks. The 30-share BSE Sensex dropped 375.24 points or 0.45 per cent to settle at 82,259.24. During the day, it fell by 415.21 points or 0.50 per cent to 82,219.27. The 50-share NSE Nifty closed lower by 100.60 points or 0.40 per cent to 25,111.45. Fresh foreign fund outflows a ...Read More >
Bengaluru: LTIMindtree Ltd began the new fiscal year on solid footing, reporting revenue growth in line with expectations, led largely by clients in Europe and the retail segment. India's sixth-largest IT services company on Thursday reported $1.15 billion in revenue for the June-ended quarter (Q1FY26), a 1.97% sequential rise. This matched the consensus estimate from a Bloomberg poll of 31 analysts. Nearly three-fourths of its incremental revenue of $22 million came from clients based in Euro ...Read More >
The development will offer a mix of 3- and 4-BHK residences ranging from 1,125 to 2,500 sq ft, along with a limited number of exclusive penthouses. Gurugram-based DLF, India's top listed real estate developer, has entered the Mumbai market with a premium residential development, investing Rs 800-900 crore in the first phase of the project, which is estimated to generate Rs 2,300 crore in revenue. The first phase of the project, The Westpark, comprising four 37-storey residential towers and 416 ...Read More >
New Delhi [India], July 17: The world of marketing is undergoing a seismic shift, and it powered by artificial intelligence. As AI-enabled marketing tools become more intelligent and widely adopted, the very structure of marketing teams is beginning to change. Routine tasks that once required human input are now being executed faster, more accurately, and at scale by smart systems. According to Nipun Taneja, a performance marketing veteran with over $100 million in managed ad spend, the future ...Read More >
Mumbai, July 17: Tech giant Wipro on Thursday reported an 11.1 per cent increase in its consolidated net profit for the April-June quarter (Q1) of FY26, reaching Rs 3,336.5 crore, compared to Rs 3,003 crore in the same quarter previous year. The company's consolidated revenue from operations stood at Rs 22,134.6 crore, showing a marginal increase from Rs 21,963.8 crore recorded during the same period previous year, according to its stock exchange filing. Wipro also declared an interim dividend ...Read More >
Mumbai, July 17: The TCS 35-day bench policy deadline ended on July 17, 2025 (today), causing fear among the employees about the upcoming layoffs. The TCS bench policy was implemented on June 12, saying that the employees could stay on the bench for 35 days without a project. However, the policy has now come into effect, leading to worry and anxiety among thousands of employees working at Tata Consultancy Services. Today, the TCS 35-day bench policy completed its first cycle, and the employees ...Read More >
A young woman named Oleti Pushpa (22) was killed by her live-in partner Sheikh Shamma (22) in the Ambedkar Konaseema region of Andhra Pradesh, reported India Today. She was living with Sheikh for the past 6 months after she separated from her spouse. The incident took place in Siddhartha Nagar, B Savaram village of Rajolu mandal on 16th July. Shamma reportedly accused Pushpa of having affairs with other men. He forced her to engage in prostitution and frequently instigated fights with her when ...Read More >
Hurun India U30 List 2025: Mumbai has become the top city for young entrepreneurs in India, according to the Avendus Wealth-Hurun India U30 List 2025. Out of 79 honourees on the list, 15 are from Mumbai. This is the highest among all cities in the country. Bengaluru comes next with 7, followed by Delhi and Jaipur with 4 each. Other cities like Kolkata, Gurugram, Noida, Ahmedabad, Chennai, and Thane have 3 each. This shows that Mumbai continues to lead as India's financial and innovation capital ...Read More >
Mumbai (Maharashtra) [India], July 16 (ANI): Indian benchmark indices on Wednesday opened flat due to the weakness in Asian markets and cautious investors' sentiment ahead of the corporate earnings and major economic updates on trade discussions. At the opening of the trading session today, BSE Sensex opened at 82,534.66 levels, down 36.24 points, and the Nifty at National Stock Exchange (NSE) was down 0.80 points from its previous close at 25,196.60.In the initial hour, about 1271 stocks were ...Read More >
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