TCS Q2 Results for FY27 showed a 4% sequential increase in consolidated net profit to Rs 13,884 crore. Tata Consultancy Services (TCS) reported profit of Rs 13,349 crore in the preceding June quarter. That figure included an exceptional loss of Rs 668 crore related to a legal claim settlement. Consolidated revenue from operations rose 1.3% […]
Tata Consultancy Services Limited (TCS) has said it does not expect the suspension of the US Permanent Labor Certification Program (PERM) to affect its workforce strategy or customer engagements. The company issued the statement in response to the recent announcement by the US Government and submitted it to the stock exchanges for information and record […]
The ICRA AA Rating action covers JSW Neo Energy’s long-term bank loan facilities, while its short-term facilities have received an A1+ rating. JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received fresh credit rating actions from ICRA Limited. The ICRA AA Rating action covers the company’s long-term bank loan facilities. […]
Larsen & Toubro (L&T) has solidified its role as a pivotal engineering and construction partner in the energy industry of the Middle East with the acquisition of an ultra-mega offshore contract from ADNOC Offshore, valued at over Rs 15,000 crore. The hydrocarbon business vertical of L&T, LTEH, has been granted the contract. The project is […]
A promoter group entity of Adani Green Energy (AGEL), Adani Infra (India), paid Rs 2,380 crore in a block deal on the National Stock Exchange (NSE) to buy a 1.03% share in the renewable energy firm. At an average price of Rs 1,400 per share, 1.7 crore equity shares were acquired in the deal. It […]
The Corporate Laws (Amendment) Bill, 2026 is being reviewed by the Joint Committee of Parliament (JPC), which has proposed a number of changes to streamline corporate compliance, make it easier to do business in India, and improve the country’s system of corporate governance. Having reviewed proposed changes to the Companies Act, 2013 and the Limited […]
Anuj Rathi and Prashant Parashar, who were previously executives at Swiggy and Zomato, have established an artificial intelligence firm called Profound. They have raised 1.5 million USD in preliminary funding to develop a platform that uses AI to portray professionals’ careers, according to the company’s announcement on Tuesday. Several well-known tech entrepreneurs have put their […]
Lohia Aerospace Systems is committed to staying at the forefront of composite manufacturing technology. Today we are announcing that we have signed a Memorandum of Understanding with Massivit — the global leader in large-format additive manufacturing — establishing a Joint Manufacturing Alliance to bring their technology to India for the first time for composite tooling […]
The Promoter Group of Rossell Techsys Limited (NSE/BSE: ROSSTECH) welcomes Kotak Mutual Fund, one of India’s leading institutional investors, as a shareholder in the Company through the acquisition of a portion of the promoter shareholding. This transaction reflects growing institutional interest in Rossell Techsys and its position as a trusted engineering and manufacturing partner to […]
Anthropic, an AI firm, is increasing its footprint in the Indian market by integrating Amazon Bedrock’s in-country inference capabilities into its Claude AI model family. Businesses and government organisations looking to implement generative AI while retaining data domestically have been the target of this expansion. To meet data residency and regulatory requirements in areas including […]
