Why Chandrasekaran skipped TCS AGM for the 2nd consecutive day

Tata Sons chairman N Chandrasekaran on Thursday skipped the Annual General Meeting of Tata Consultancy Services (TCS), marking his absence from the group’s shareholder gathering for the second consecutive day. Photograph: Shrikant Singh/ANI Photo This is the first time in

Walmart to add 1 lakh MSMEs in next 3 years

US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme in India, a company official said here on Thursday. Illustration: Dado Ruvic/Reuters The programme, Walmart Vriddhi, has partnered with Ideas

Nirav Modi, sister’s Rs 66-cr properties released to PNB

A special court here has allowed the release of properties worth Rs 66.33 crore, owned by fugitive diamantaire Nirav Modi and his sister Purvi Modi and attached by the Enforcement Directorate (ED) in connection with the multi-crore PNB fraud case.

BSE, NSE end lower on mounting geopolitical tensions

Benchmark indices Sensex and Nifty ended lower for the third straight session on Thursday, in line with weak trends in global markets as the ongoing Iran-Israel conflict continues to weigh on investors’ sentiment. Photograph: Shailesh Andrade/Reuters The US Fed’s decision

Ultraviolette Unveils 2 e-bikes in Paris, opens gateway to EU

The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe’s two-wheeler volumes. IMAGE: The Ultraviolette F77. Photograph: Kind courtesy Ultraviolette/Instagram.com   Bengaluru-based electric two-wheeler (e2W) manufacturer Ultraviolette

Sitharaman has a message for the fintechs

Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Photograph: ANI Photo Speaking at the Digital

Vi partners SpaceX-rival AST SpaceMobile for satcom service on smartphones

Debt-ridden telecom operator Vodafone Idea on Wednesday announced a partnership with satcom firm AST SpaceMobile, a rival of Elon Musk-owned SpaceX, for delivering satellite service on smartphones directly. Photograph: Reuters AST SpaceMobile is building the first and only space-based cellular

India’s AI regulation can be a model: Google exec

Google’s stance on the optimism and pro-innovation around artificial intelligence (AI) is very similar to the principles adopted by the Indian government under its IndiaAI Mission, the company’s vice-president of government affairs and public policy in the Asia-Pacific Region, Wilson

Debt funds now look to accruals as interest rate cut cycle peaks

With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains. Debt funds, especially those mandated to invest in longer-dated bonds,

Paddy sowing up 13% to 4.53 lakh hectare

Paddy sowing so far this Kharif season is higher by 13 per cent at 4.53 lakh hectares, according to the government data. Photograph: Amit Dave/Reuters Sowing of paddy stood at 4 lakh hectares in the same period last year. The