TATA CONSULTANCY SERVICES LTD Q4 RESULTS
Audi India cuts car prices by up to ₹7.8 lakh following GST 2.0 reforms; check changes for each model here
Audi India has reduced prices across its models by Rs 2.6–7.8 lakh, passing on GST 2.0 benefits. The Q3 now starts at Rs 43.07 lakh, while the Q8 begins at Rs 1.1 crore. Prices of Q5, Q7, A4, and A6 are also lower. Audi said the move makes its cars more accessible before the festive season.
SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26
SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from last year's profit. Revenue also declined significantly. Geopolitical issues and aircraft delays impacted performance. Passenger revenue and load factor remained relatively stable. The airline's net worth improved due to financial restructuring.
Hyundai, Tata Motors shares in focus on announcing price cuts following GST reform
Hyundai Motor India and Tata Motors are set to slash vehicle prices following recent GST rate cuts. Hyundai's price reductions reach up to Rs 2.4 lakh for passenger vehicles, while Tata Motors offers cuts up to Rs 4.65 lakh for commercial vehicles. These changes, effective September 22, aim to boost affordability and stimulate the automotive sector.
London Tube Strike: Underground services to resume on next Friday, Docklands Light Railway may remain closed on Tuesday, Thursday
London Tube has 272 stations and 11 lines that crisscross the city and its surrounding suburbs.
US Stock market's worst performing month in past 35 years September is here. Top Stocks to pivotal factors - all you need to know
Tesla rose 3.6 per cent after proposing a payout package that could reach $1 trillion for its CEO, Elon Musk, if the electric vehicle company meets a series of extremely aggressive targets over the next 10 years.
SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demand
SpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured maintenance slots and dispatched engines for repair. SpiceJet received overhauled engines from StandardAero. SpiceJet raised funds and finalized a lease for ten Boeing 737s.
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Mcap of 7 of top-10 most-valued firms jumps Rs 1 lakh cr; Bajaj Finance, Reliance major gainers
The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,06,250.95 crore last week, with Bajaj Finance and Reliance Industries emerging as the biggest gainers, in line with an optimistic trend in equities.
IT Inc worries as US may slap tariffs on software exports
India's IT sector faces potential US tariffs on software exports, threatening its largest market and impacting firms already struggling with global uncertainty and AI-driven automation. The proposed tariffs could lead to double taxation and increased costs due to visa restrictions, potentially harming the growth of India-based service providers and GCCs, while raising delivery costs.
Beat screen fatigue fast: This 20-second trick every optometrist recommends
With screens being an important part in work, study, and leisure, many people suffer from digital eye strain, which can result in dryness, fatigue, blurred vision, and headaches. Reduced blinking and extended near-focus are major factors contributing to it, while exposure to blue light can further disrupt sleep patterns and intensify discomfort. Eye specialists suggest simple methods , like the 20-20-20 rule to protect eye health.
UPSC ESE 2025 mains result declared: Steps to download and what next for students
The UPSC announced the Engineering Services Examination (ESE) 2025 mains results on September 4, accessible on upsc.gov.in. Qualified candidates must update educational details within 15 days via the OTR module. The mains exam was held on August 10, following the preliminary exam on June 8. Those who cleared the mains will appear for the interview.
Urban Company IPO risks explained: 12 warnings on operations, regulations and valuation
Urban Company's upcoming IPO, opening September 10, carries inherent risks for investors. The Red Herring Prospectus highlights concerns including sustained losses, intense competition, and high marketing costs. Dependency on gig workers, legal and regulatory challenges, and potential data security breaches also pose threats. Furthermore, reliance on limited service categories and geographic concentration could impact business.
SpiceJet Q1 Results: Airline slips into red with Rs 234 crore YoY loss, revenue falls 36%
SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year. Revenue from operations also declined significantly. It fell by 36 percent year-on-year, reaching Rupees 1,060 crore.
Infosys picks up five business ideas from employees to incubate & offer to customers
Infosys has selected five employee-led business ideas from its in-house entrepreneurship programme to develop into client-ready solutions. These ideas, focused on mobility, SaaS, and AI-led services, will receive funding, mentorship, and tech support. Those selected for full implementation will shift into the incubator role full-time and receive up to $2,000 (Rs 1.7 lakh) in rewards, Infosys had said last year.
Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?
AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.
Jobs crisis? America adds just 54,000 positions in August as market weakens
The U.S. job market is showing signs of weakness as new data highlights slower hiring in August. Experts point to rising worries and changes in different industries. While some sectors cut jobs, others like leisure and hospitality added positions. Economists now wait for the government jobs report and watch if the Federal Reserve cuts rates.
Serviced residences surge as second home investments gain momentum in India
Serviced residences are becoming popular in Indian real estate. Demand is rising for second homes. Developers and investors are showing strong interest. Many are partnering with global hotel brands. This creates luxury living with hotel services. Goa shows high rental yields. Infrastructure upgrades are boosting property values. Remote work is also increasing demand.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets closed higher on Wednesday, led by banking and metal stocks, with Nifty at 24,715 and Sensex at 80,567. Investors await GST Council updates that could impact consumption-led sectors, while technical indicators show cautious near-term market momentum and potential support-resistance levels.
Domestic mutual funds now own 10.6% of NSE-Listed companies, highest ever: NSE Pulse Report
Domestic mutual fund ownership in NSE-listed companies hit a record 10.6%, driven by strong SIP inflows and rising retail participation. Active funds hold 8.6%, passive 1.9%. Combined direct and indirect individual ownership now stands at 18.5%. Both active and passive equity AUMs show robust growth, reflecting sustained investor confidence.
TCS shares in focus after €550 million digital transformation deal with Tryg
TCS shares: TCS inks €550 mn, 7-year deal with Scandinavia’s Tryg to drive digital transformation across Denmark, Sweden and Norway.
TCS signs €550 million deal with Scandinavian non-life insurer Tryg
The deal will see TCS simplifying and standardising Tryg’s operations in its three major markets — Denmark, Sweden, and Norway — and driving technological transformation over seven years.
Tata Capital sets stage for USD 2 bn IPO after global roadshows; valuation seen at $18 billion
Tata Capital is gearing up for its highly anticipated USD 2 billion IPO, slated to debut by September 30, potentially becoming the largest IPO of 2025. Following successful investor roadshows across global financial hubs, the company's valuation is expected to reach USD 18 billion.
TCS finally rolls out annual salary increments; average hike at 4.5-7%
TCS has rolled out delayed salary hikes of 4.5–7% for junior to mid-level staff, effective from September 1, 2025, with top performers getting over 10%. It is understood to be the lowest hike in the last four years given the slowing business environment’s impact on the IT industry and TCS financials.
Change of Cart: Tata plans CEO change at BigBasket
BigBasket CEO Hari Menon has been charting a succession plan over the past few months, people in the know tell us. Going forward, he may take on a mentor role at the online grocer he cofounded, as his five-year tenure nears completion.
BSE 500: 360 stocks sink in August, 65 crash in double-digits; KIOCL, Maruti & Godfrey Phillips shine up to 28%
BSE 500 slipped nearly 2% in August as Trump’s tariff moves and weak Q1 earnings spooked investors. FIIs pulled out nearly Rs 35,000 crore, dragging PSU, infrastructure, and energy stocks, while autos, consumer discretionary, and durables outperformed on GST reform optimism. PNB Housing Finance was the biggest loser as the counter slipped 24% in August while top returns of 28% was recorded by KIOCL.
Algorithm application research is where the software startups of the future are going to come from: IBM’s Crowder
Crowder told ET that the company is focusing on partnering with India in its National Quantum Mission and regional initiatives, not just for skill development but also to foster application research algorithm discovery.
‘Algorithm research to spawn new winners’: IBM’s Crowder
Crowder said IBM has been suggesting to regional governments that look beyond just hardware and supply chain and also focus on creating communities of people to do algorithm application research, because that's where the software startups of the future are going to come from.
Rate cuts by RBI ease corporate debt burden, sectoral gains uneven: BoB Report
The Reserve Bank of India's interest rate cuts have lowered borrowing costs, boosting debt serviceability for companies, though benefits are uneven. A Bank of Baroda report indicates that while overall sales and profit growth have occurred, the crude oil and BFSI sectors significantly influence these trends.
TCS inks mega 1.4 mn sq ft lease in Bengaluru’s Electronics City; deal valued at ₹2,130 crore
Tata Consultancy Services is expanding its Bengaluru presence. TCS has leased 1.4 million sq ft at 360 Business Park in Electronics City. The 15-year deal is valued at Rs 2,130 crore. This significant transaction highlights Bengaluru's strength as an IT hub. The lease will commence in two phases in 2026.
TCS names Amit Kapur as head of newly-formed AI unit, company memo shows
Indian IT firm Tata Consultancy Services has named Amit Kapur as the head of its newly-formed AI and services transformation unit, a company memo seen by Reuters showed on Tuesday.
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