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HAL, Tata, L&T among 10 firms in race for Rs 30,000 crore defence drone dealAround ten Indian companies have submitted bids for a major defence project. The Defence Ministry is acquiring 87 Medium-Altitude Long-Rang...
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
Weak monsoon threat looms; food inflation fears riseAgriculture, though smaller in output share, still employs 43% of India's workforce, making monsoon performance crucial for rural demand an...
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
Canada's Nuvei to buy Payoneer for $2.75 billion in cross-border payments pushCanadian fintech Nuvei is set to acquire cross-border payments company Payoneer for approximately $2.75 billion. This strategic move aims t...
Mcap of eight of top-10 most valued firms surges by Rs 1.90 lakh cr; ICICI Bank shinesIndian equity markets ended a volatile week on a strong note. Eight of the top-10 most valued firms saw their market valuation surge by Rs ...
Indian staffing cos step up global reach to diversify revenuesIndian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors li...
US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillionSpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institu...
Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: ReportIndustrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the c...
Byju Raveendran's lawyer says Singapore High Court has stayed jail sentence against founderSingapore High Court has stayed committal and surrender provisions of its contempt order against Byju Raveendran, halting his six-month jai...
Best value funds to invest in June 2026Value investing has dominated the Indian stock market, with value funds delivering strong returns while growth funds lagged. Investors are ...
Supreme Court recognises homemakers as 'nation builders', sets Rs 30,000 monthly compensation for domestic workThe Supreme Court of India has declared homemakers as nation builders. A monthly compensation of Rs. 30,000 will now be awarded for the los...
Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...
Customer service no longer a cost centre in AI era: HGS CEO Venkatesh KorlaArtificial intelligence is transforming the business process management sector. Companies are now prioritizing customer experience, moving ...
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...