IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.
The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.
The BJP has taken an early lead in the Gujarat local body elections, winning a significant number of seats as counting progresses. The Congress trails behind, while Independents and other parties, including AAP and AIMIM, have also secured seats.
Senior DMK leader KR Periakaruppan lost the Tiruppattur assembly seat by one vote to Tamilaga Vettri Kazhagam's Seenivasa Sethupathy R in the Tamil Nadu elections. The defeat highlights the impact of individual ballots and the rise of actor Vijay's TVK.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
The Election Commission reports a significant increase in seizures of inducements during recent assembly elections, with Tamil Nadu leading in cash seizures and West Bengal in liquor and drugs.
V D Satheesan, a 61-year-old lawyer-turned-politician, has emerged as a prominent figure in Kerala politics, known for his aggressive opposition to the Left government and his role in revitalising the Congress party. His journey from student politics to a key leadership position highlights his strategic acumen and dedication to addressing local issues.
Doctors at AIIMS, Delhi, have successfully performed a simultaneous pancreas-kidney transplant after 18 years, marking a significant advancement in organ transplantation in India. The surgery was performed on a 30-year-old patient with end-stage renal disease caused by Type 1 diabetes.
'Science today is very interconnected, and that helped me become part of the Muon g-2 team.'
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
A study by IIT Gandhinagar researchers reveals that urban greening alone is insufficient to reduce heat stress in Indian cities, highlighting the need for climate-responsive planning that considers humidity, ventilation, and urban compactness.
Delhi reported a staggering 1,80,973 theft cases in 2024, resulting in almost 3,480 cases per week, and roughly 497 cases per day, which is 73.3 per cent of the national total - a major lead over other metropolitan centres.
Local body elections in Haryana, including municipal corporations of Ambala, Panchkula, and Sonipat, saw a 54.5 per cent voter turnout. Polling was held for mayor and ward councillor posts, with key contestants from BJP and Congress. The votes will be counted on May 13.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.
Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
Ola Electric is making a renewed push into the electric motorcycle market with aggressive pricing and in-house battery manufacturing, aiming to replicate its earlier success in electric scooters while addressing past quality and service issues.
Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.
India has successfully conducted a flight test of an advanced Agni missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) technology off the coast of Odisha.
ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.
ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.
Vijay's electoral triumph in Tamil Nadu is poised to dramatically revive the fortunes of his much-anticipated final film, Jana Nayagan, which has been plagued by release delays, censorship battles, and a cancelled streaming deal.
Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.
India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.
The Election Commission is preparing to launch the third phase of the Special Intensive Revision (SIR) of voters' lists, potentially covering 22 states and Union Territories with approximately 40 crore electors.
In Tiruppur (North), where the TVK victory margin of 69,992 votes was higher than the 61,760 votes polled by the major Dravidian parties combined -- DMK got 351 votes and AIADMK 61,409 votes.
The Punjab government is collaborating with IIT Ropar to develop an AI-driven system for crime prevention, enhancing data analysis and real-time tracking capabilities for the police force.
Mumbai Police have arrested three men from Jharkhand for creating and selling fraudulent APK files used to scam people, particularly during a recent shortage of LPG cylinders.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
Royal Challengers Bengaluru mentor Dinesh Karthik says the ever-escalating scoring trends in the Indian Premier League have forced teams to constantly reinvent.
Delhi recorded the highest number of murders linked to illicit relationships and love affairs among metropolitan cities, according to the latest figures of the NCRB.
The polling for the Tamil Nadu Elections will take place on Thursday, April 23, 2026. Out of the 294 assembly seats, 152 seats in West Bengal will go to polls in the first phase on Thursday.
NDA partner Bodoland People's Front (BPF) is expected to secure a majority of the 15 Assembly seats in the Bodoland Territorial Region (BTR) of Assam, leading in 10 constituencies, according to Election Commission data. The BJP, a major partner in the ruling NDA, leads in three seats, while the UPPL and Congress are ahead in one seat each.
Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.
The Athletics Federation of India (AFI) will conduct SRY Gene tests at the Federation Cup in Ranchi to ensure only biological females compete in the women's category. The AFI will also start DNA testing of Indian athletes to collect data for research, injury prevention, and training methods.
'At the first sign of real trouble, that money will move. There will be a run.'
Indian benchmark indices Sensex and Nifty experienced volatile trade, declining in early deals before fluctuating, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties, particularly in West Asia.
Concerns are rising about the status of GalaxEye Space's Mission Drishti, India's first Made in India OptoSAR satellite, launched on May 3. Reports suggest the satellite is tumbling in space, and experts highlight potential issues with solar panel deployment and stabilisation. The company has remained silent on the matter, fueling further speculation.
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