Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.
India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.
Delhi Police have arrested three individuals involved in a black-marketing racket selling IPL match tickets at inflated prices. The accused were caught selling complimentary passes and regular tickets near Delhi Gate.
Police are investigating the bank accounts of those arrested in connection with the sexual harassment and religious conversion case involving women employees of an IT firm in Nashik to determine if they received funds for illegal activities. A special investigation team (SIT) is handling the case.
India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.
Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.
Indian Grandmaster R Praggnanandhaa is set to compete against Alireza Firouzja of France in the opening round of the Super Chess Classic in Bucharest, marking his first classical event of the year as part of the Grand Chess Tour.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.
OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.
Maharashtra legislative council deputy chairperson Neelam Gorhe has demanded stringent action against employees of Tata Consultancy Services (TCS) in Nashik following allegations of sexual harassment and forced religious conversion by female employees.
A court in Nashik, Maharashtra, has remanded four Tata Consultancy Services (TCS) employees to judicial custody until May 18 in connection with allegations of religious conversion and sexual harassment of colleagues.
Nida Khan, an accused in the Nashik TCS sexual harassment and religious coercion case, has been arrested in Chhatrapati Sambhajinagar. She is accused of targeting employees in a WhatsApp group, pressuring them to pray and eat non-vegetarian food, and advising women employees to adhere to Islamic traditions.
Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.
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.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
A court in Nashik rejected the anticipatory bail application of Nida Khan, an accused in a case related to alleged sexual harassment and forcible religious conversion at the Nashik unit of TCS.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
The 1.5-litre Hyperion petrol engine masterfully blends everyday driving with a sophisticated, tech-laden interior that elevates the entire experience.
A Maharashtra Legislative Council official has demanded strict action against TCS employees in Nashik following allegations of sexual harassment and forced religious conversion. An SIT has been formed and arrests have been made.
Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.
Former India cricketer Irfan Pathan has praised Punjab Kings captain Shreyas Iyer, saying he deserves to be ranked among the best leaders in the Indian Premier League, alongside MS Dhoni, Rohit Sharma and Gautam Gambhir.
Five alleged drug peddlers were arrested with heroin in separate cases in Jammu and Kashmir's Udhampur district, officials said on Wednesday.
US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday.
Tata Steel's two Dutch subsidiaries are facing a 1.4 billion lawsuit in the Netherlands alleging health and property damage caused by emissions from the company's steelmaking operations, a charge which the Indian conglomerate labelled as "unsubstantiated and speculative". In an exchange filing, Tata Steel said that environmental group Stichting Frisse Wind.nu (SFW) has served a writ of summons on Tata Steel Nederland BV and Tata Steel IJmuiden BV on December 19.
India's outward foreign direct investment (FDI) saw a significant increase of 27.5 per cent, reaching $7.06 billion in March, primarily driven by a sharp rise in guarantees for overseas units, according to the Reserve Bank of India.
Maharashtra Chief Minister Devendra Fadnavis stated his government is confident of uncovering the module involved in the alleged sexual harassment and forcible religious conversion at a Tata Consultancy Services (TCS) unit in Nashik.
World champion D Gukesh resigned on his 37th turn against Germany's Matthias Bluebaum at Tata Steel Masters Chess.
Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.
Indian benchmark indices Sensex and Nifty closed higher, with the Sensex climbing 355.90 points, driven by positive state election results and better-than-expected Q4 earnings, despite ongoing geopolitical concerns.
Maharashtra minister Nitesh Rane sparks controversy by alleging 'corporate jihad' and urging companies to prioritise hiring Hindu candidates to combat perceived religious conversion efforts.
D Gukesh ended his spate of draws by defeating Thai Dai Van Nguyen of Czech Republic but overnight joint leader Arjun Erigaisi was shocked in the fifth round of Tata Steel Masters chess tournament
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
Eight of India's top-10 most valued firms saw their combined market valuation increase by Rs 1,87,497.45 crore last week, with Bharti Airtel emerging as the largest gainer, reflecting a positive trend in the equities market.
Investigation into alleged religious conversion and sexual harassment at a Nashik branch of TCS reveals that seven male accused operated as an organised gang to target female employees.
