After days of heavy selling in IT shares, Tata Consultancy Services offered investors a glimmer of relief on Thursday, with its shares trading in the green, rising almost 2%. The rise comes after Tata Group IT arm announced a strategic alliance with OpenAI to build artificial intelligence infrastructure in India and roll out joint market…
Mukesh Ambani at AI Impact Summit Reliance Industries chairman Mukesh Ambani said that the group will bring down the cost of artificial intelligence (AI) in a manner similar to mobile data. The Reliance Group’s venture Jio along with RIL plans to invest Rs 10 lakh cr over the next 7 years starting this year, Mukesh…
The Income Tax Department has flagged cases involving non-disclosure of overseas assets and foreign income. (AI image) Income Tax Notice alert! The Income Tax Department is cracking down on alleged misreporting of income by senior executives across multinational companies and startups. Several such executives earning over Rs 50 lakh have received tax notices from the…
Piyush Goyal (File photo) New Delhi: India wants to diversify its sources of crude oil and coking coal and would “love” to source high-quality coking coal from the US, commerce and industry minister Piyush Goyal said on Wednesday. He also said that the US can provide certain goods that India needs desperately for its economic…
Hindustan Unilever Limited Mumbai: Hindustan Unilever (HUL) on Wednesday said it will invest up to Rs 2,000 crore to expand manufacturing capacity in fast-growing premium categories across beauty & wellbeing and home care liquids. The investments will be spread over two years and cover multiple locations, the firm said. The proposed investment is in line…
New Delhi: Microsoft president Brad Smith, in an interview, outlined the opportunities and responsibilities AI presents for the Global South, with a particular focus on India. He noted the need for digital sovereignty, and India-US collaboration through trade agreements to protect sovereignty while enabling cross-border innovation. Smith said India is Microsoft’s second-largest employee base, with…
Gold rose and hovered once again around 5,000 driven by renewed geopolitical tensions and a rebound after a sharp fall at the start of this week. Also a dip buying ahead of the Federal Reserve meeting minutes was seen, while mixed economic data kept the fed officials bias also divided. Prices are steady in the…
AI image used for representative purposes Russia’s foreign ministry firmly claimed on Wednesday that it has “no reason to believe” that India changed its stance on purchasing Russian oil, despite US claims suggesting otherwise. The ministry emphasised that the oil trade benefits both nations and helps maintain global energy market stability, while dismissing recent statements…
Stock market today (AI image) Stock market today: Indian equity benchmarks are slowly inching upwards, with Nifty50 and BSE Sensex opening in green after three days of gains. While Nifty50 was above 25,850 in early trade, BSE Sensex rose over 100 points. At 9:18 AM, Nifty50 was trading at 25,861.55, up 42 points or 0.16%….
UAE Ramadan 2026: Reduced Work Hours Explained for Private Sector Employees As the holy month of Ramadan 1447 AH begins across the UAE, workplaces nationwide are adjusting schedules to reflect both the spiritual rhythm of the month and legal labour requirements. Under Cabinet Decision No. 1 of 2022 implementing Federal Decree-Law No. 33 of 2021,…