TECHNOLOGY
Cross-GCC hiring now 60% as centres battle 20% attrition, says report
The whitepaper also highlights the rise of Tier-2 cities as expansion hotspots, driven by lower costs and a steady pipeline of engineering talent, however, attracting experienced senior professionals to these locations remains a challenge.
BUSINESS
Karnataka Bank shares rally nearly 24% in three sessions after Cupid promoter’s stake purchase
Karnataka Bank shares have rallied 24 percent, rising for 3 straight sessions, fuelled by buying interest after Cupid Ltd’s promoter Aditya Kumar Halwasiya acquired shares. Cupid stock itself has more than quadrupled over the last one year.
BUSINESS
Taking Stock: Nifty below 25,900 on final hour selling; Sensex sheds 314 points
On the sectoral front, metal, pharma, PSU Bank and realty added 0.5-1%, while consumer durables, IT, media, oil & gas shed 0.5% each.
INDIA
42 of 50 MBBS seats to Muslims: Omar Abdullah defends candidates | Vaishno Devi college admission row explained
A major political storm has erupted in Jammu and Kashmir after right-wing Hindu organisations demanded the cancellation of admissions granted to 42 meritorious Muslim students in the MBBS programme at the Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in Katra.
INDIA
PM Modi shares experience of Ram Mandir Dhwaj Arohan: 'Extremely moving'
The Prime Minister underlined that India must draw strength from its heritage while freeing itself from “the slave mentality” to reach the goal of a developed nation by 2047.
BUSINESS
Live: Sensex, Nifty rangebound on monthly expiry day | Closing Bell
Catch Lovisha Darad in conversation with Osho Krishan, Sr. Analyst, Technical & Derivative Research, Angel One and Anshul Saigal, Market Expert
INDIA
Karnataka CM Siddaramaiah to Congress high command on buzz over power rejig: 'Take a decision to put a full stop'
The renewed speculation began after several MLAs close to Deputy Chief Minister DK Shivakumar met Congress president Mallikarjun Kharge in Delhi last week.
BUSINESS
Spandana Sphoorty shares jump up to 5.5% after company appoints ex-HDFC Bank exec Venkatesh Krishnan as CEO
Spandana Sphoorty share price: Venkatesh Krishnan previously lead the microfinance business at India's largest private bank since 2018.
BUSINESS
Motilal Oswal initiates coverage on Blue Star with ‘Neutral’ rating; check target price, upside
Blue Star offers profitable growth driven by backward integration and scale, but current valuations already capture much of the near-term upside, said Motilal Oswal in its initiation coverage note.
BUSINESS
The Wealth Company MF gets SEBI approval for Specialised Investment Fund launch
According to the AMC, the WSIF platform is designed to combine sophisticated investment strategies with the oversight and transparency of India’s mutual fund ecosystem
INDIA
Election Commission invites TMC delegation for discussions on SIR in West Bengal
In its letter to TMC chairperson Mamata Banerjee, the ECI acknowledged Derek O’Brien’s request for an appointment, saying the Commission “always welcomes regular interaction with political parties for constructive dialogue.”
INDIA
Supreme Court upholds removal of Christian Army man for refusing to participate in religious activities: 'Grossest indiscipline'
The counsel for Army officer Samuel Kamalesan said his objection was limited to being asked to “carry out the worship,” stating, “I cannot be forced to worship a deity. Constitution permits that much freedom.”
BUSINESS
CPP Investments and IndoSpace expand JV, acquire 6 logistics parks worth Rs 3,000 crore
Canada Pension Plan Investment Board (CPP Investments) owns 93% of the joint venture named IndoSpace Core.
INDIA
'Ayodhya witness to awakening of Hindu consciousness': PM Modi's top quotes at Ram Temple flag hoisting ceremony
For the coming thousands of centuries, this flag will proclaim Lord Ram's values... Truth is Dharma... There should be no discrimination or pain, and there is peace and happiness, says PM Modi.
INDIA
PM Modi hoists saffron flag atop Ayodhya Ram Mandir symbolising completion of temple construction
The flag-hoisting ceremony was held during the "Abhijeet Muhurat", which is considered the most auspicious time for any pious event.
BUSINESS
India’s outbound capital via GIFT City surges 8x as affluent investors globalise portfolios
With more fund managers securing IFSC approvals and global products being redomiciled through GIFT, wealth managers anticipate annual outbound deployments crossing $3-4 billion in the coming years.
INDIA
Ram Mandir completion marks dawn of new era for India: Yogi Adityanath at Ayodhya 'Dhwajarohan' ceremony
The saffron Dharma Dhwaj hoisted atop the temple is a symbol of Dharma, a symbol of dignity, and a symbol of truth, justice and national duty, says UP CM.
INDIA
Zubeen Garg was murdered, says Assam CM Himanta Biswa Sarma
The Assam CM tells the House that new evidence examined by investigators indicates foul play, adding that the nature of the findings 'rules out accidental death'.
BUSINESS
Salesforce India’s FY25 profit jumps 45% to Rs 1,292 crore, revenue up 46%
Salesforce's offices in India are spread across six locations with a workforce of over 13,000, growing from 2,500 employees in 2020. India is the second-biggest market for the company after the US
BUSINESS
Yatra names Siddhartha Gupta as CEO after co-founder Dhruv Shringi takes over as chairman
Gupta's previous stints were at SAP, HP, and high-growth SaaS ventures in India and overseas
INDIA
'Footsoldiers' of Ram Mandir movement take spotlight at Ayodhya's final temple ceremony: Report
The invitee list spans communities such as Kinnars, Kumhars, Lodhis, Yadavs, Dhobis, Pasis, Valmikis and Ravidas groups. ST representatives include people not only from Uttar Pradesh but also from Rajasthan, Karnataka, West Bengal and Tamil Nadu.
AUTOMOBILE
Tata Sierra 2025 Launch Live: Tata Sierra price in India starts at Rs 11.49 lakh
Tata Sierra 2025 Live: The Tata Sierra 2025 price in India is expected to start at around Rs 12 lakh and go up to Rs 22 lakh (ex-showroom).
BUSINESS
Centre, states gear up to tackle inverted GST duties across sectors: Report
The move follows the GST rate cuts announced in September and is aimed at resolving a persistent distortion in the tax system
BUSINESS
Gold Loan Boom: Rs 14.5 lakh crore market spurs NBFCs to add 3,000 branches
Leading players such as Muthoot Finance, Muthoot Fincorp, IIFL Finance and Bajaj Finance are collectively expected to open around 1,800 branches
