In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Defending champion Sarah Chelangat and Harbert Kibet aim for Ugandan victories in the TCS World 10K, a World Athletics Gold Label Road Race. Chelangat is fit and seeks to improve her time, while Kibet's impressive form makes him a favourite. Challengers include Brenda Jepchirchir and Fantaye Belayneh in the women's race, and Rodrigue Kwizera and Gemechu Dida in the men's race.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
Mahindra Racing's pursuit of a third-place finish in the Formula E Teams' championship was hampered after a challenging penultimate race in London. Despite Edoardo Mortara's impressive recovery from 18th to seventh, Nyck De Vries struggled, leaving Mahindra 13 points behind Andretti heading into the season finale. Poor qualifying performance due to tyre issues was cited as a key factor. The Drivers' Championship remains open for three contenders, while Jaguar TCS leads the Teams' standings.
Four TCS employees have been arrested for allegedly sexually harassing and attempting to forcibly convert a colleague, including forcing him to wear a Muslim cap and perform Namaz.
The family of a TCS employee arrested in connection with sexual harassment and conversion allegations at a Nashik unit claims he is a victim of internal professional rivalry and office politics. They allege a coordinated conspiracy driven by his academic and professional success.
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.
'Hiring within IT services firms is going to be very specialised.'
Gulveer Singh, the Asian champion and national record holder, will lead the Indian contingent at the TCS World 10K Run Bengaluru, a World Athletics Gold Label race.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
Ugandan Harbert Kibet and Ethiopian Muktar Edris will headline the 18th edition of the TCS World 10K Bengaluru, a World Athletics Gold Label Race with a total prize purse of USD 210,000.
Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.
Gulveer Singh, India's national record holder in 10,000m and 5,000m, will lead the Indian elite field at the 18th TCS World 10K Bengaluru, scheduled for April 26. The event, a World Athletics Gold Label Race, features top international and Indian distance runners.
The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).
Indian benchmark indices, Sensex and Nifty, continued their downward trend for the fifth consecutive day, with the Sensex dropping 281 points and Nifty falling 78 points, primarily driven by surging crude oil prices and persistent geopolitical tensions in West Asia.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.
Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.
'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.
Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.
Mahindra Racing is on the verge of achieving its best-ever Teams' championship finish in Formula E as the GEN3 era concludes in London. Propelled by Nyck de Vries' recent victories and Edoardo Mortara's consistent performance, the Indian manufacturer is just one point behind Andretti, aiming for a top-three spot in the season finale.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.
Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.
Finance Minister Nirmala Sitharaman on Sunday proposed to reduce the tax collection at source (TCS) rate to 2 per cent for education and medical purposes under Liberalised Remittance Scheme (LRS) as well as on sale of overseas tour program package.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
The Tata Group and TCS have announced a multi-dimensional partnership with OpenAI to build AI infrastructure, offer joint solutions, and train Indian youth, aiming to position India as a global AI hub.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
Artificial intelligence major Anthropic has reinstated access to its Fable 5 and Mythos 5 AI models after the US government lifted export controls imposed due to national security concerns over a "jailbreak" vulnerability. The company has implemented new safeguards and is collaborating with major tech firms to develop a framework for addressing AI model vulnerabilities. India, a significant market for Anthropic, will see Fable 5 available globally, while Mythos 5 access expands under Project Glasswing.
Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.
