Companies

TCS logs 6 pc net profit growth at 12,760 crore in Q1, to give Rs 11 interim dividend

TCS reports 6% profit growth amid global challenges; giving out Rs 11 interim dividend

TCS' focus on AI and digital transformation has been a key driver of its growth. TCS has secured several notable digital transformation deals, including a quantum algorithm development with IBM, enterprise data transformation for a large Canadian bank, and cloud operations for a global energy equipment manufacturer.

Jul 10, 2025

Adani Enterprises Ltd's Rs 1,000 crore NCD issue fully subscribed in only 3 hours

According to market experts, what sets this bond issue apart is the strong participation from the non-institutional segment, retail HNIs and corporate investors as the company's fundamentals and credit profile remain robust.

Jul 9, 2025

Indian exporters hail US decision to extend tariff hike deadline to August 1

Director General of the Federation of Indian Export Organisations (FIEO) Ajay Sahai said that this deferment of the imposition of reciprocal tariffs reflects the US's willingness to engage constructively with its trading partners.

Jul 8, 2025

Adani Electricity ramps up fight against power theft in FY25, to further intensify efforts

Additionally, there was a 3 per cent increase in the number of power theft cases booked. During raids, 60.90 tonnes of illegal wires were recovered. A total theft of 23.76 million units, amounting to Rs. 44.92 crore was assessed.

Jul 8, 2025

Tata Steel gets Rs 1,902 crore demand notice from Odisha govt

According to a stock exchange filing by Tata Steel, the demand is based on a revised calculation of average sale prices provided by the Indian Bureau of Mines.

Jul 4, 2025

New biomass guidelines to boost bio-energy, ease of doing business

New biomass guidelines to change alternative energy future, ease of doing business

The guidelines also encourage significant simplification of documentation requirements. Developers of briquette and pellet manufacturing plants will no longer be required to submit number of documents related to clearance matters.

Jun 28, 2025

India's electricity demand likely to triple to 4 trillion units by 2035: Report

Energy transition has become critical for a sustainable future; initiatives and policies such as Net-zero, 500 GW Renewable power target, EV adoption, the rooftop solar push, and others are driving this transformation, the report states.

Jun 27, 2025

Unlocking the path to Viksit Bharat with MSME growth

India's MSME sector is poised for transformative growth amid global shifts, as digital commerce, government reforms, and ecosystem support from platforms like Flipkart unlock new opportunities for expansion, exports, and employment — writes Rajneesh Kumar, Chief Corporate Affairs Officer at Flipkart Group.

Jun 26, 2025

Ola Electric shares hit all-time low amid block deals, stock down over 49 pc this year

Ola Electric reported a net loss of Rs 870 crore, which is more than double the Rs 416 crore loss it reported in the same period previous fiscal (Q4 FY24).

Jun 23, 2025

Microsoft lays off more employees after firing 3,000 employees in AI era

Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era.

Jun 3, 2025

Flipkart's B2B App 'Flipkart Reset for Business' to Empower Sellers of Refurbished Products

What to expect from Flipkart's Glam Up Fest 2025; AI takes centerstage

Flipkart is hosting the third edition of Glam Up Fest 2025, featuring over 100 beauty brands and expecting 6,000 influencers. The event will showcase tech-led solutions like AI-powered skin diagnostics and Virtual Try-On.

May 29, 2025

India replaces Japan as world's 4th largest economy, poised to overtake Germany for 3rd rank

India has surpassed Japan to become the world's fourth-largest economy and is now poised to displace Germany from the third rank in the next 2.5 to 3 years, said NITI Aayog Chief Executive Officer (CEO) B.V.R. Subrahmanyam.

May 25, 2025

Reliance Industries sees Rs 40,800 crore drop in market cap, leads losses among top firms

Reliance Industries was the biggest loser among India's top 10 most valued companies this week, as its market valuation dropped by Rs 40,800.4 crore.

May 25, 2025

Apple expanding India manufacturing shows global confidence in country: Rajeev Chandrasekhar

Apple's decision to expand iPhone manufacturing in India despite challenges shows the growing global confidence in the country's manufacturing ecosystem, BJP's Kerala unit President and former Union Minister Rajeev Chandrasekhar, has said.

May 24, 2025

Adani Power gets Letter of Intent to acquire Vidarbha Industries Power

Adani Power wins contract to supply 1,600 MW electricity to Uttar Pradesh

The Uttar Pradesh Cabinet has approved the signing of a power purchase agreement (PPA) between the Uttar Pradesh Power Corporation Limited (UPPCL) and Adani Power Limited (APL) for the supply of 1,600 MW of power over a period of 25 years.

May 6, 2025

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