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The MEA says the US PERM suspension doesn’t serve shared goals. See what Nasscom and Priyank Kharge said about the impact on Indian IT firms
Politics

India pushes back on US PERM suspension, calls Vance’s “indentured servants”...

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The MEA says Indian professionals contribute to US innovation, research and competitiveness India’s Ministry of External Affairs (MEA) on October 9 rejected US Vice President...
Indian markets opened higher with the Sensex gaining over 200 points and the Nifty near 24,300, helped by positive global cues and easing oil prices
Markets

Indian equities open higher as Sensex gains over 200 points, Nifty...

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Sensex gains over 200 points as softer crude prices lift early sentiment Indian equity markets opened higher on Monday, tracking positive global cues, with the...
TCS faces calls for a POSH compliance audit after Nashik harassment allegations, with NITES urging Labour Ministry intervention
Law and Order

TCS Nashik case: NITES approaches Labour Ministry, seeks POSH compliance audit...

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TCS under scanner: POSH audit sought after Nashik harassment claims IT sector employees' body NITES on Monday approached the Ministry of Labour and Employment seeking...
FM Sitharaman announces higher capital expenditure, manufacturing incentives, a 20-year tax holiday for global data centres, and continued fiscal consolidation amid global uncertainty
Budget

India Budget: Finance Minister announces measures to boost growth, maintain fiscal...

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What Budget 2026–27 tells us about India’s growth strategy Finance Minister Nirmala Sitharaman on Sunday announced a slew of measures to boost manufacturing, a tax...
Employee union NITES claims Tata Consultancy Services forced thousands to resign in Pune, violating labour laws, while TCS denies mass layoffs
Business

TCS forced around 2,500 employees in Pune to resign: NITES

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NITES accuses TCS of illegal layoffs in Pune; demands probe India's largest IT firm, Tata Consultancy Services, has forced around 2,500 employees in Pune to...
The strongest tailwind for the market now is the sharp dip in the US bond yield
Markets

Sensex crosses 71,000 led by IT stocks

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BSE Sensex was up 559 points at 71,108 points BSE Sensex crossed the 71,000 points mark on Friday led by heavyweight IT stocks. BSE Sensex...
TCS debarred six vendor entities, their owners and affiliates
Fraud

TCS fires 16 employees, blacklists 6 staffing firms involved in bribes-for-jobs...

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TCS 'bribe-for-jobs' scandal probe: 16 held guilty; IT giant takes stren action, clarifies on 'financial impact' After investigating the bribe-for-jobs scandal, Tata Consultancy Services (TCS)...
The data for August 2023 is an estimation, which will be revised based on RBI’s subsequent release
Commerce

India’s services exports rise 8.4% to $28.72 bn in August

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Driven by its strong software, IT services sector, India is one of the largest services exporters in the world As per provisional data released by...
Even though the cues are positive, high valuations are likely to restrain the bulls from charging ferociously
Stocks

Sensex up 600 points; rallies towards 66,000 mark

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IT heavyweights power Sensex rally up by more than 2% BSE Sensex is up almost 600 points in a ferocious rally to close in on...
The move comes after the Ram Mandir trust faced allegations of corruption over land deals
Business

The leading corporate TCS of Tata Group to manage Ram Mandir...

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TCS to develop digital accounting software for Ram Mandir trust funds Tata Consultancy Services (TCS), is developing digital accounting software. IT experts from the Tata...
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