BUSINESS
Our US workforce requiring sponsorship for immigration is a minority: Infosys CEO on H-1B visa
In January, the Bengaluru-headquartered firm announced that it had significantly reduced its reliance on H-1 B visas, as over 60 percent of its US workforce is now comprised of locals.
PODCAST
Infosys, Wipro deliver a mixed bag in Q2; Zomato-parent Eternal's profit dips while revenue soars and Ola Electric foryas into energy storage market | MC Tech3
In today's Tech3 from Moneycontrol, we bring you the top startup and tech updates. Infosys posts strong Q2 numbers while Wipro’s growth remains steady. Zomato-parent Eternal sees revenue surge but profit dips, with Blinkit driving rapid expansion. Ola Electric launches Ola Shakti, entering the battery energy storage market as part of its diversification strategy. And in the funding space, our scoops got confirmed: Zepto closed a massive $450 million round, while Kuku raised $85 million to double down on AI content.
MARKETS
Sebi grants open offer exemption to Jyothy Labs promoter family trusts for succession planning
The internal share transfers are part of an internal estate and succession planning exercise and will not lead to any change in control or management of the FMCG company.
BUSINESS
Nomura picks additional 1% stake in Rubicon Research on its market debut for Rs 102 crore
Rubicon Research stock had a stellar rally on its market debut, soaring 29.5 percent to close the session at Rs 628.20 against the issue price of Rs 485, backed by the positive market mood and healthy IPO subscription numbers of nearly 104 times.
INDIA
Kapil Sharma's cafe attacked for the third time in 3 months
TRENDS
‘Are we slaves or citizens?’ Mohandas Pai slams Bengaluru police after viral video of cop slapping motorist
Viral video of Bengaluru cop slapping a motorist triggers outrage; Mohandas Pai, citizens demand strict action and transparency from police, say accountability key.
MARKETS
Sebi to keep algorithmic trading norms updated to ensure fairness and transparency, says Tuhin Kanta Pandey
India’s high-frequency trading space has come under sharper regulatory focus after the Sebi accused Jane Street Group of manipulating the country’s stock and derivatives markets, allegedly disadvantaging millions of retail investors.
INDIA
Three arrested in Rs 58 crore ‘digital arrest’ scam that duped Mumbai investor and wife
Maharashtra cyber police arrest three men in Rs 58 crore ‘digital arrest’ scam that duped a Mumbai investor and his wife.
INDIA
Kartavya Path to glow with two lakh diyas as Delhi’s BJP government gears up for grand Diwali celebration
Kartavya Path to be lit with two lakh diyas as Delhi’s BJP government hosts a Ramayana-themed Diwali celebration with drone and laser shows.
BUSINESS
Centre to finalise OTT accessibility guidelines for disabled users within three months, Delhi HC told
Centre tells Delhi High Court it will finalise accessibility rules for hearing and visually impaired users on OTT platforms within three months.
STARTUP
Blinkit to set up 3,000 dark stores by March 2027, says CEO Albinder Dhindsa
The quick commerce platform is doubling down on store density in India’s biggest cities even as rivals Swiggy, Zepto, Flipkart and Amazon intensify the battle for faster deliveries.
AUTOMOBILE
Toyota launches Urban Cruiser Hyryder Aero Edition with exclusive styling kit
Toyota has sold over 1.68 lakh units of the Urban Cruiser Hyryder in India.
BUSINESS
FIIs pump in Rs 997 crore while DIIs bought Rs 4,000 crore-worth of Indian equities
For the year so far, FIIs have been net sellers of shares worth Rs 2.39 lakh crore, while DIIs have net bought shares worth Rs 6.02 lakh crore.
AUTOMOBILE
Tata Nexon gets ADAS safety tech, new Red Dark edition launched at Rs 12.44 lakh
The Tata Nexon was the largest-selling car in India in September 2025 at 22,573 units.
BUSINESS
Wipro's headcount increases by 2,260 employees in Q2FY26
Wipro onboarded about 2,900 freshers during this quarter despite lower attrition in the previous quarter and better utilisation, said chief human resource officer Saurabh Govil during the company's second-quarter earnings conference.
BUSINESS
Jio Financial Services Q2 results: Net profit rises to Rs 695 crore
The firm's revenue from operations rose 41% to Rs 981 crore in Q2FY26 as against Rs 694 crore in Q2FY25
TRENDS
Indian nanny in Sharjah works without holidays, gets ‘slavery wages’ as salary: ‘Doesn’t speak English’
A Redditor shared that her aunt gets paid just around 1,050 dirhams (Rs 25,000) a month in Sharjah -- with no weekly offs and limited personal freedom
MARKETS
Emmbi Industries settles case with Sebi for Rs 12.35 lakh on corporate governance charges
Emmbi Industries filed a settlement application on February 2, 2024, seeking to resolve the matter 'without admitting or denying' the findings.
BUSINESS
Tariff uncertainties prompting clients to rethink supply chains, says Wipro CEO Srinivas Pallia
The Wipro chief noted that global clients are becoming increasingly cautious amid changing trade policies.
BUSINESS
Eternal Q2 Results: Five reasons why Zomato-parent’s shares fell 4% despite 183% jump in Q2 revenue
Eternal share price: Immediately after the release of the results, the stock jumped 4% to hit a lifetime high. The stock then sharply declined 8% from that level.
BUSINESS
Prasol Chemicals files draft papers to raise Rs 500 crore via IPO
Prasol Chemicals IPO | The company proposed to raise Rs 80 crore via fresh issue, while promoters will offload up to Rs 420 crore worth shares through offer-for-sale route, indicating the majority amount will be received by existing shareholders.
BUSINESS
Wipro says H-1B visa fee hike has no impact as 80% of US workforce are locals
Wipro’s stance mirrors that of its peers. Last week, Tata Consultancy Services (TCS) said it has 'significantly reduced its dependency on H-1B visas', with only around 500 associates travelling to the US on new visas in the past year.
AUTOMOBILE
Hybrids overtake petrol, EVs as top choice for festive car buyers: Grant Thornton Bharat survey
Of the total respondents, 38% prefer hybrid vehicles, compared to 30% for petrol and 21% for EVs and 8% for diesel.
BUSINESS
Infosys headcount increases by 8,203 in Q2FY26
Jayesh Sanghrajka, CFO, Infosys shared that the company has hired around 12,000 freshers as of H1, and is on track to onboard 20,000 freshers for the full year of FY26.
