Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.
Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to uncertainty surrounding the upcoming US-Iran negotiations in Doha. Foreign fund outflows and a dip in major IT stocks further contributed to the market's cautious sentiment, despite mixed performance in global markets.
An accused in the TCS Nashik sexual harassment case has filed for bail, claiming the complaint arose from the victim's frustration over unrequited feelings or parental pressure. He denies making remarks that hurt religious sentiments.
Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.
'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'
Indian benchmark indices Sensex and Nifty extended their winning streak to a fourth consecutive day, driven by strong buying in blue-chip bank stocks and a decline in global crude oil prices. Fresh foreign fund inflows also contributed to the optimistic sentiment in the domestic equity market.
Police in Chhatrapati Sambhajinagar used a clever ruse to arrest Nida Khan, accused in a sexual harassment and conversion case at TCS Nashik. Khan was arrested after police put an AIMIM corporator under surveillance and discovered he was providing her shelter.
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.
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.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
Indian benchmark indices Sensex and Nifty rebounded in early trade, driven by strong buying in blue-chip stocks and positive cues from Asian markets, following a significant selloff in the previous session.
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.
A court in Nashik, Maharashtra, has denied interim protection from arrest to a Tata Consultancy Services (TCS) employee, Danish Shaikh, in a case related to alleged sexual harassment and forcible conversion at the company's local unit. Shaikh is already in judicial custody in connection with one of nine FIRs registered in the case.
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.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
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.
Indian benchmark indices Sensex and Nifty rallied in early trade, driven by a significant decline in crude oil prices and positive developments on the geopolitical front, alongside strong performance in blue-chip IT stocks. Track Sensex, Nifty on July 2, 2026
The 18th edition of the TCS World 10K Bengaluru is set to welcome a record number of participants, with elite athletes and a substantial prize purse adding to the excitement.
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 indices Sensex and Nifty rebounded in early trade, recovering from previous losses, driven by softening crude oil prices and renewed buying interest in blue-chip stocks. Analysts note that the fall in Brent crude below USD 77 has removed significant macro headwinds for India, contributing to market stability.
Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard
Shareholder payouts by India Inc, including dividends and buybacks, increased by 2.2 per cent year-on-year in FY26 to $5.06 trillion, but this growth lagged the 18.8 per cent rise in reported net profit for the third consecutive year, leading to the lowest dividend payout ratio in 12 years.
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.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by a significant drop in crude oil prices following reports of a potential 60-day ceasefire extension between the US and Iran, coupled with positive global market trends and buying in IT stocks.
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 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.
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 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.
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.
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 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.
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.
'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?'
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 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 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.
'Buy on dips, buy on dips and sell on rise.'
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.
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.
