Business

Released 1% or 6,000 people: TCS CHRO on layoffs; says numbers circulating very exaggerated

New Delhi, Oct 9 India's largest IT services company TCS on Thursday said it has "released" one per cent or 6,000 people from workforce as part of a re..

What happens to your EPF if you switch jobs?

Changing jobs doesn’t mean losing your hard-earned EPF money—here’s what really happens.

UPI gets smarter: Face and fingerprint authentication launched for secure payments

Unified Payments Interface (UPI) will now allow users to authenticate transactions using face or fingerprint recognition, making payments faster and more secure with initial Rs 5,000 transaction limit.

Mittal Sections IPO closes with 2.19 times subscription; check its listing, allotment dates

Mittal Sections IPO | The company launched its 37 lakh shares initial share sale on October 7 with the aim to raise Rs 52.91 crore at the upper end of price band of Rs 136-143 per share.

TCS to launch a new entity to establish multiple AI and Sovereign Data Centers in India

TCS said that the new business entity is working on building world class AI infrastructure that includes 1 GW capacity AI datacenter in India.

TCS headcount falls over 19,700 in Q2FY26 amid restructuring, layoffs

Headcount was down even in a quarter when attrition fell to 13.3 percent, from the previous quarter’s 13.8 percent.

CRISIL moves Mumbai headquarters to Saki Vihar Road, to pay nearly Rs 600 cr rent over 15 yrs

CRISIL's lease on the new property, spanning the tenth to the 15th floor, started on August 31, with the firm paying a monthly rent of Rs 2.35 crore, translating to a starting per square foot per month rate of Rs 94

GST cuts miss the counter: Why small kirana stores are yet to pass savings

Many merchants say they prefer a phased approach by starting with staples like flour, pulses, soap and extend cuts to the rest over weeks or months, depending on cash flows and demand

Credit card reward points explained: How to actually benefit from them

Those shiny reward points are only useful if you know how to play the game right.

TCS posts broad-based growth in Q2, order book grows 16.2% YoY to $10 billion

The company said that the growth and demand in deals were broad based across verticals. BFSI, technology and services have continued to show steady recovery and sequential growth.

LG Electronics becomes first-ever IPO in India to cross Rs 4 lakh crore-mark in subscription

LG Electronics India IPO allotment is expected to be finalised by October 10, with listing scheduled on October 14.

Tariffs being used as weapons, India will choose its own path: Shivraj Singh Chouhan

While India has achieved surplus production in rice and wheat, the Union agriculture minister said, the next frontier is achieving self-reliance in pulses and oilseeds. "PM Modi will be launching India's Dalhan Atmanirbharta Mission (Chana–Masoor) day after tomorrow to strengthen pulse production," he said.

Non-life insurers' premium grows 13.17% in September; Acko, United India lead

Overall, general insurers continued to dominate the market with an 83.65% share, followed by standalone health insurers at 11.88% and specialised insurers at 4.47%.

Manila awaits! Affordable new getaway for Indian travelers; Air India launches direct flight

The direct service operates five times a week on Monday, Wednesday, Friday, Saturday and Sunday, connecting Delhi and Manila in just around six hours.

Life insurers’ new business premiums rise 14.8% in September, led by private players

On a year-to-date basis, LIC’s collections rose 4.7 percent to Rs 1,21,008 crore, from Rs 1,15,550 crore in the first half of FY25.

Akasa Air's co-founder, senior vice president for international ops Neelu Khatri resigns

Akasa Air confirmed that Neelu Khatri has decided to move on from the company to pursue a new direction in her professional journey

Top tax benefits you can claim on home loan repayment

Your home loan doesn’t just get you a house—it also comes with some handy tax breaks.

Wipro Q2 PAT seen up 8.4% QoQ to Rs. 3,340 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs. 22,670 crore, according to Prabhudas Lilladher.

HCL Technologies Q2 PAT seen up 8.7% QoQ to Rs. 4,180 cr: Prabhudas Lilladher

Net Sales are expected to increase by 3.9 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs. 31,530 crore, according to Prabhudas Lilladher.

Tata Elxsi Q2 PAT seen up 5.7% QoQ to Rs. 150 cr: Prabhudas Lilladher

Net Sales are expected to increase by 0.4 percent Q-o-Q (down 6.2 percent Y-o-Y) to Rs. 900 crore, according to Prabhudas Lilladher.

Tech Mahindra Q2 PAT seen up 12.4% QoQ to Rs. 1,280 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 13,710 crore, according to Prabhudas Lilladher.

Tata Consultancy Services Q2 PAT may dip 1.8% QoQ to Rs. 12,530 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.1 percent Y-o-Y) to Rs. 64,940 crore, according to Prabhudas Lilladher.

Mphasis Q2 PAT seen up 3.3% QoQ to Rs. 460 cr: Prabhudas Lilladher

Net Sales are expected to increase by 3.1 percent Q-o-Q (up 8.9 percent Y-o-Y) to Rs. 3,850 crore, according to Prabhudas Lilladher.

LTIMindtree Q2 PAT seen up 2.1% QoQ to Rs. 1,280 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.5 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 10,280 crore, according to Prabhudas Lilladher.