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.
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.
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 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.
Nodirbek Abdusattorov of Uzbekistan clinched the Tata Steel Masters title with a black-piece victory against out-of-form Arjun Erigaisi while world chess champion D Gukesh emerged as the best Indian with a joint eighth finish as the tournament concluded Wijk Aan Zee on Monday.
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.
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.
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.
Maharashtra minister Nitesh Rane sparks controversy by alleging 'corporate jihad' and urging companies to prioritise hiring Hindu candidates to combat perceived religious conversion efforts.
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.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.
World champion D Gukesh stayed in the hunt with a clinical endgame win in Round 10 of the Tata Steel Masters, while Arjun Erigaisi slipped to another defeat and slid down the standings at Wijk Aan Zee.
Tata Steel Masters: Gukesh slumps to another defeat against Giri
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.
A taxi driver in Delhi is critically injured after a drunk driver in an SUV rammed into his stationary vehicle. The SUV driver has been arrested and is facing legal action.
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
Police in Nashik are investigating multiple cases of attempted religious conversion and sexual harassment at a local IT firm, with evidence suggesting an organised effort to target female employees. The investigation involves multiple agencies to determine if there are wider links.
A woman engineer at Tata Consultancy Services (TCS) in Nashik has alleged harassment and religious coercion, including derogatory slurs and inappropriate touching. Police have arrested eight people and are searching for another accused. TCS has launched an internal probe and suspended employees allegedly involved.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.
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.
Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.
A court in Nashik has declined to grant interim protection from arrest to Nida Khan, a key accused in the sexual harassment and religious coercion probe at a Tata Consultancy Services unit. The court has directed the Nashik Police and the complainant to file their formal responses to her anticipatory bail application.
Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.
Mumbai police are investigating three separate incidents of fatal assaults that occurred within 48 hours, resulting in the deaths of three individuals in Dadar, Matunga, and Kherwadi.
World champion D Gukesh was himself to blame as he fell into a blindspot and made an unimaginable blunder to go down to Nodirbek Abdusatorov of Uzbekistan in a sixth round match of the Tata Steel chess
A Nashik police Crime Branch team arrived in Mumbra, Thane district, to track down a woman accused in a case related to alleged religious conversion and sexual harassment at a TCS unit. The absconding accused has been on the police radar following complaints in Nashik, where the scandal-hit TCS unit is based.
The HR manager at TCS Nashik is under investigation for allegedly suppressing complaints and shielding the accused in a harassment case involving multiple employees.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.
India's EV ecosystem is growing, but remains too underdeveloped to cushion a major oil supply shock.
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.
Tata Consultancy Services (TCS) has announced annual salary hikes effective April 1, with top performers receiving double-digit increases, while also renewing its multi-year strategic partnership with UK retailer Marks & Spencer (M&S) to support its omnichannel and data-driven transformation with AI.
Sawan Barwal broke the 48-year-old national marathon record at the NN Marathon Rotterdam, clocking 2 hours 11 minutes and 58 seconds.
Under FAME-II, automakers provided subsidies to electric vehicle (EV) customers at the time of purchase, with the understanding that the government would reimburse the firms later.
A female employee of TCS in Nashik, accused of religious conversion and sexual harassment of women colleagues, has applied for anticipatory bail, citing her pregnancy. Police are investigating the allegations, and TCS has launched an internal probe.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.
Kolkata Knight Riders captain Ajinkya Rahane has been fined Rs 12 lakh for maintaining a slow over-rate during their IPL match against Chennai Super Kings.
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.
