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Home  Business

Business

TCS Q3 FY26 profit falls 14% to Rs 10,657 cr; headcount down by over 11,000

TCS Q3 FY26 profit falls 14% to Rs 10,657 cr; headcount down by over 11,000

  • Supreme Court disposes Telangana writ petition on Polavaram project

    The Supreme Court disposed of Telangana’s writ petition against the Polavaram project but allowed it to file a fresh lawsuit under Article 131. Telangana alleges the project expansion diverts 200 TMC of water without approvals, while SC suggested mediation
  • India’s EV sales reach 2.3 million units in 2025, 8 per cent of new vehicles

    India’s EV market reached 2.3 million units in 2025, accounting for 8 per cent of new vehicle registrations. Electric two‑wheelers led growth, while Delhi, Uttar Pradesh and Kerala recorded high EV-to-ICE ratios. EV funding exceeded 1.4 billion dollars
  • ExxonMobil may be kept out of Venezuela, says Trump

    US President Donald Trump said he may keep ExxonMobil out of Venezuela after the company’s CEO termed conditions there uninvestable. Trump made the remarks after a White House meeting with oil executives to discuss plans for Venezuelan oil reserves
  • Sensex, Nifty slide in early trade on FII outflows, global jitters

    Benchmark indices Sensex and Nifty slipped in early trade on Monday amid sustained foreign fund outflows, concerns over fresh US tariffs on Indian exports and lingering geopolitical risks, even as Asian markets traded higher and investors remained cautious.
  • Rupee slips 5 paise to 90.23 against dollar in early trade

    The rupee weakened by 5 paise to 90.23 against the US dollar in early trade on Monday amid rising crude oil prices, continued foreign fund outflows and global geopolitical concerns, while markets awaited key macroeconomic data later this week.
  • Opinion: Missing voices in India’s workplace well-being

    The debate on workplace well-being has largely focused on corporate employees, sidelining the informal sector that employs over 80% of the workforce
  • Explainer: From April 1, new income tax law simplifies rules

    The Income Tax Act, 2025, will come into effect from April 1, replacing the 1961 law. The new legislation simplifies tax provisions, introduces a single 'tax year', and allows refunds even after delayed filings. The overhaul aims to reduce litigation and make tax compliance easier for individuals and corporates.
  • India’s rice exports rise sharply after curbs lifted

    India’s rice exports surged last year after export curbs were lifted, strengthening its position in global markets. Increased supply pushed prices down across Asia, bringing relief to importing regions, while fortified rice exports highlighted India’s focus on value-added agri-products
  • Union Budget Session 2026 from January 28, Budget presentation likely on a Sunday

    President Droupadi Murmu has approved the summoning of Parliament for the Budget Session 2026, scheduled from January 28 to April 2 in two phases. Parliamentary Affairs Minister Kiren Rijiju announced that Finance Minister Nirmala Sitharaman is expected to present the Union Budget on February 1, a rare Sunday occurrence.
  • Aurobindo Pharma gets Health Canada nod for biosimilar Dyrupeg

    Aurobindo Pharma said its subsidiary CuraTeQ Biologics has received a Notice of Compliance from Health Canada for its biosimilar Dyrupeg, used to treat cancer patients with low neutrophil levels, following a successful regulatory review
  • Lifeline to Vodafone Idea: Govt caps annual payout at Rs 124 crore for next 6 years

    The moves provide a fresh lease of life to the debt-ridden teleco, which otherwise faced payments of nearly Rs 18,000 crore by March 2026 and similar amounts every year for the next six years
  • India’s office leasing soars 20% in 2025, residential sales remain steady

    India’s office leasing surged 20% in 2025, reaching 86.4 million sq ft, driven by strong demand and flexible workspaces. Residential sales steadied, with Mumbai leading, as market normalizes post-pandemic
  • Markets trade lower amid foreign fund outflows, tariff hike concerns

    Benchmark indices Sensex and Nifty traded lower in early deals as foreign fund outflows and concerns over possible US tariff hikes dampened sentiment. Markets remained cautious amid weak global cues despite gains in select Asian indices.
  • Rupee slips 7 paise to 89.97 amid FII outflows, higher crude prices

    The rupee weakened 7 paise to 89.97 against the US dollar in early trade as foreign fund outflows, rising crude oil prices and concerns over potential US tariff hikes dampened sentiment. Weak domestic equities added to pressure.
  • Adani Group, Embraer plan regional jet assembly facility in India

    Adani Group signed an initial pact with Embraer to set up India’s first civilian aircraft final assembly line, aligning with Make in India and aiming to tap the country’s fast-growing aviation market
  • Sensex, Nifty slip in early trade amid FII selling, US tariff worries

    Equity benchmarks Sensex and Nifty declined in early trade on Thursday as persistent foreign fund outflows and concerns over potential US tariff hikes weighed on sentiment. Weak global cues and cautious investor outlook kept markets under pressure, despite strong GDP growth projections.
  • Rupee slips 3 paise to 89.90 against dollar amid crude oil rise, FII outflows

    The rupee weakened 3 paise to 89.90 against the US dollar in early trade on Thursday, pressured by rising crude oil prices, foreign fund outflows and a stronger dollar. Weak domestic equities also added to the currency’s losses, traders said.
  • Tata Power to set up India’s largest ingot, wafer plant in AP’s Nellore

    Tata Power Renewable Energy will invest Rs 6,675 crore to set up 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh, generating around 1,000 direct jobs and supporting the country’s solar manufacturing and energy transition goals
  • Helmet maker Tvarra ropes in Indian cricketer Jemimah Rodrigues as investor partner

    Women-focused helmet brand Tvarra announced Indian cricketer Jemimah Rodrigues as an investor partner. She will help shape the brand’s vision, advocate responsible riding, and promote women’s safety. Tvarra plans offline retail expansion in 2026, beyond its current 600-city online presence
  • Sensex, Nifty drift lower in early trade amid geopolitical, tariff concerns

    Equity benchmarks opened lower on Wednesday as geopolitical tensions, tariff-related worries and sustained foreign fund outflows dampened investor sentiment, even as select IT and index heavyweights provided limited support.
  • Rupee rises 26 paise to 89.92 against dollar in early trade

    The rupee appreciated 26 paise to 89.92 against the US dollar in early trade on Wednesday, supported by a weaker greenback and lower crude prices. However, domestic equity benchmarks Sensex and Nifty were trading lower.
  • Pandorum teams up with Bharat Biotech subsidiary

    Pandorum Technologies has partnered with Bharat Biotech arm Nucelion Therapeutics to expand manufacturing of its exosome-based regenerative therapies across the Asia-Pacific region, strengthening regional supply, regulatory readiness and India’s biologics manufacturing capabilities
  • RBI proposes to cap banks’ dividend payout at 75 per cent of net profit

    The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 
  • Reliance says not received any Russian oil in three weeks, none expected in Jan

    Reliance Industries confirmed it has not received Russian crude for nearly three weeks and expects none in January, halting imports at its SEZ refinery to comply with EU sanctions, amid reports linking three tankers to its Jamnagar complex
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