TCS revenue falls 3%, HCL’s rises 5% in Q3
Sensex swings 1,000 pts from day’s low on trade deal hopes
Apple signs multi-year deal with Google to finally fix Siri with Gemini: Here’s what you need to know
Apple has signed a multi-year agreement with Google Gemini to power its Apple Intelligence features including a personalized version of Siri which the company promised at WWDC 2024 but has since been delayed.
Bajaj Housing raises Rs 509 crore via NCDs at 7.10%
Bajaj Housing Finance has successfully raised ₹509 crore through non-convertible debentures. This move follows a period of strong business growth for the company. Their assets under management saw a significant increase of 23% year-on-year. The mortgage lender also reported a substantial rise in disbursements during the third quarter, indicating robust performance and expansion in their operations.
NSE shares surge after IPO clouds seem to clear
National Stock Exchange shares climbed past ₹2,000. This surge followed SEBI chief's comments on an upcoming IPO clearance. Investor interest has rekindled. NSE shares saw increased demand and trading volumes. The exchange's IPO is expected soon. This development has boosted sentiment for the unlisted stock.
IT Q3 earnings season begins on a strong note as TCS, HCL Tech top estimates
IT sector's Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in new order bookings, while TCS maintained strong deal flow. Despite sustained new deals, TCS faces a revenue growth deceleration, raising concerns about deal ramp-up amid client delays.
TCS, HCLTech deliver Q3 revenue surprise amid labour cost headwinds
Both Tata Consultancy Services and HCL Technologies beat analyst revenue estimates and kicked off the earnings season on a stronger-than-expected note, despite new wage norms pushing up costs and raising concerns over profitability.
AI steps in for eye-tests as Lenskart looks to beat optometrist crunch
Lenskart expects remote and self-optometry (an internal operating term for AI-enabled eye testing) to become the default foundational layer of eyecare delivery as the company expands into underpenetrated markets.
Apollo Hospitals demerger is a biz call taken for shareholders, says Suneeta Reddy; rules out family rift
Apollo Hospitals MD Suneeta Reddy says the group’s restructuring is about business strategy, not family dynamics, aiming to unlock value by separating hospital and pharmacy-digital units. She stresses close ties with sister Shobana Kamineni, outlines expansion in metros and Tier-II cities, focus on preventive care, tech-led growth, and mentoring the next generation of leaders.
When employers try to manage the unlikable
For decades, companies have tried to control what employees say in public. What is new is the attempt to control what they approve of—silently, casually, and on their own time. That ambition surfaced last week when a Reddit post described a workplace policy at an Indian manufacturing firm that would make even the most risk-averse [...] The post When employers try to manage the unlikable appeared first on HR Katha .
'India can be global AI use case capital': MeitY secy
India is set to become a global hub for AI applications. The country will foster its own AI infrastructure, including large language models and data centers. This initiative aligns with the goal of democratizing AI resources. India's role as a trusted partner in value chains is recognized. Discussions on global AI policy will take place at an upcoming summit.