TCS reported a 1.39 per cent rise in Q2 FY26 net profit to Rs 12,075 crore, with revenues growing 2.39 per cent to Rs 65,799 crore. Sequentially, profit fell 5.3 per cent, while revenue increased 3.7 per cent. The company declared a second interim dividend of Rs 11 per share
The Reserve Bank of India has proposed draft rules to ease foreign currency borrowings for Indian companies. The framework expands eligible borrowers and lenders, links limits to financial strength, simplifies regulations, and allows market-determined interest rates for external commercial borrowings
Karnataka State Hotels Association says high GST on LPG cylinders and property rents prevent hoteliers from passing government GST cuts to consumers. The association urges relief on rent and fuel to make food and room tariffs more affordable
