Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.
The buyback comes at a time when Infosys shares have declined 19 per cent so far this year.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.
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.
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 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.
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.
The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
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.
'The software vendor had a black mark against him and yet they went ahead with him. Why was this company shortlisted? Who is responsible for signing off this software?'
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.
India's largest IT firm Tata Consultancy Services has allegedly forced around 2,500 employees in Pune to resign from their jobs, the IT employees' body NITES said in a letter to Maharashtra Chief Minister on Wednesday.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a positive trend in global markets, cooling crude oil prices following a US-Iran peace deal, and fresh foreign fund inflows.
Indian benchmark equity indices, Sensex and Nifty, saw a rebound in early trade, driven by a rally in global markets and easing Brent crude oil prices, with hopes of US-Iran peace negotiations also contributing to investor optimism. Track Sensex, Nifty on May 22
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
Indian stock market benchmark indices, Sensex and Nifty, experienced declines in early trade due to escalating tensions between the US and Iran, which led to a surge in crude oil prices and weak global equity trends.
India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.
Two British Sikh runners, Baldev Singh Bains and Manny Singh Kang, participated in the 2026 London Marathon, raising thousands of pounds for charity. Bains ran in memory of Fauja Singh, aiming to fund a community sports club, while Kang raised money for Dementia UK.
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.
Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.
HCL Technologies remains under pressure after missing Q4 expectations and issuing cautious FY27 guidance. Analysts highlight weak margins, soft demand, and muted growth outlook.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Global tech major Salesforce has committed to equipping one million learners across India with AI-focused skills by 2030, leveraging government partnerships, virtual internships, academic centres, and its partner network.
Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.
Indian benchmark equity indices Sensex and Nifty surged in early trade, driven by a sharp correction in crude oil prices below USD 100 per barrel and a rally in global markets, fuelled by improving sentiment surrounding US-Iran negotiations.
As Tata Consultancy Services (TCS), gets ready to lay off about 12,261 employees from its global workforce this year, here's what it means for your career.
The Maharashtra government has directed strict implementation of the Prevention of Sexual Harassment (POSH) Act to protect women in the workplace, following a serious incident at a TCS unit in Nashik. Establishments with 10 or more employees must set up Internal Complaints Committees (ICCs) and register on the Centre's She-Box portal, with failure to comply resulting in penalties.
Authorities in Chhatrapati Sambhajinagar demolished illegal constructions belonging to AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a Nashik TCS case.
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.
Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.
Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.
Indian equity benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global market rally and a drop in crude oil prices below USD 100 per barrel, driven by renewed hopes of diplomatic engagement between the US and Iran.
Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.
Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.
'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'
The CUET-UG 2026 exam faced delays at several centres due to a technical glitch, according to the National Testing Agency. The issue has been resolved, and compensatory time will be provided to affected candidates. Students and parents reported delays and communication issues at various examination centres.
While Infosys never had a presence, Wipro's Venezuelan unit was liquidated many years ago.
