Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.
Barely out of their teens, the first batch of girls will graduate alongside 300 male cadets from the National Defence Academy.
The Income Tax Department can easily detect such illegal activities and the penalties could be huge.
Selected applicants will receive a monthly stipend of Rs 4,500 from the government and an additional Rs 500 from participating companies as a part of the Prime Minister Internship Scheme (PMIS) 2025.
'We do not want a situation where we onboard people and have challenges of deployment.'
An employee of the famed Koodalmanikyam temple in Kerala has resigned, citing personal reasons, following allegations of caste discrimination. Balu, a member of the Ezhava community, was recruited for 'kazhakam' duties, which involve preparing garlands and performing ceremonial chores. The resignation has sparked controversy, with the Devaswom Minister assuring support for Balu and criticizing the temple's 'tantries' for their stance. The temple has two 'Kazhakam' positions, one appointed by the 'tantries' and the other filled according to the Acts and Regulations.
'If you follow the law, America offers opportunities. But those who violate the law will face the consequences.'
Indian Air Force Wing Commander Shiladitya Bose made an allegation in a video he shared that he was attacked and verbally abused by a group of Kannada-speaking individuals who chased him on a bike in Bengaluru early Monday morning. Terming it a case of road rage, police arrested Vikas Kumar, who works as a team head at a software company's call centre.
India's service sector activity accelerated slightly in April largely driven by a quicker increase in new order inflows, which also underpinned a faster expansion in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output.
'If you really love your work and are good at it, it does not matter what is work and life.'
A passenger shot the video of the railway worker throwing railway garbage out of the train and posted it online.
Bank employees want a five day work week.
Pakistan has denied any connection to Tahawwur Rana, a key accused in the 2008 Mumbai terror attacks. Rana, a Canadian national, has not renewed his Pakistani documents for over two decades, according to the Foreign Office spokesperson.
A nine-year-old boy from Odisha lit the funeral pyre of his father, who was killed in a terror attack in Pahalgam, Jammu and Kashmir. The boy, Tanuj Kumar Satpathy, was speechless and overwhelmed as he followed the ritual of throwing puffed rice while accompanying his father's body to the crematorium. The incident has shocked the state, and the Chief Minister has offered financial assistance and a job to the deceased's family.
Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.
Thousands of contractual employees of the three state-run power utility companies in Maharashtra have threatened to launch an indefinite strike from Tuesday night over demands including wage hike.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'
Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.
The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.
Under this programme, first-year students enrolled in professional STEM (science, technology, engineering, maths) undergraduate programmes who are children of kirana store owners (KSOs) will receive a fixed scholarship of Rs 50,000 in the academic year 2025-26.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption. She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget. The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.
The email came from the Office of Personnel Management's new HR email address but had no signature. The subject line reads: "What did you do last week?"
Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.
Of the 823,000 new subscribers in January, the share of young people (18 to 25 age group) declined to 57.07% (470,000) from 57.28% (485,066) in the preceding month.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
An 18-year-old Nepalese student of the Kalinga Institute of Industrial Technology (KIIT) in Odisha's Bhubaneswar was found hanging from the ceiling fan of her hostel room on Thursday, police said.
One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.
'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
The West Bengal School Service Commission (WBSSC) on Friday said it would abide by the Supreme Court directive and soon initiate the process of conducting fresh exams for all teaching and non-teaching candidates, who took part in the now-invalidated 2016 job recruitment exercise.
Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.
India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.
Performances by Nimrat Kaur and Amol Parashar make the rather unimaginative show watchable, observes Deepa Gahlot.
The Telangana government has issued a circular allowing Muslim employees to leave offices an hour early during the holy month of Ramzan. The move has been criticized by the opposition Bharatiya Janata Party (BJP), which termed it "appeasement politics". The BJP questioned why similar measures are not extended during Hindu festivals. The ruling Congress party defended the decision, stating that such facilities are provided during various festivals and are not unique to Ramzan.
Delhi Police used an Israeli facial recognition system to identify and arrest two accused persons in an Rs 80 lakh robbery case. The accused were identified as Md Ali and Samir, who were apprehended after police analyzed footage from over 500 CCTV cameras and used the technology to match Md Ali's face with a database, resulting in a 32.09% similarity score. The police recovered Rs 79.5 lakh in cash, a semi-automatic pistol, and other incriminating materials during a raid at Samir's residence. The robbery occurred in the Chandni Chowk area on Monday, when an employee of R K Enterprises was robbed at gunpoint while carrying Rs 80 lakh.
The interplay between domestic and foreign capital will shape India's equity markets.
IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers affected by the move was much higher, and threatened to lodge an official complaint with the Ministry of Labour and Employment, seeking urgent intervention and strict action against the company.
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