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India's next GCC wave will be defined by AI ownership, not scale: Cognizant's Sailaja Josyula

New Delhi, July 8 -- India's global capability centres (GCCs) are entering a new phase of evolution as enterprises shift from using them as delivery hubs to giving them ownership of AI platforms, prod... Read More


Sensex crashes over 500 points as West Asia tensions trigger market panic

Mumbai/IBNS, July 8 -- The Indian stock market extended its losses on Wednesday, with the BSE Sensex plunging over 500 points at the opening bell amid rising geopolitical tensions in West Asia and a s... Read More


InCred Alts leads PE funding in gas analytics firm Adage Automation

New Delhi, July 8 -- Adage Automation Pvt. Ltd, a Goa-based maker of gas analysers and emission-monitoring systems, has raised Rs 230 crore (about $24.4 million) in a growth funding round led by InCre... Read More


RBI Pushes TReDS Interoperability To Prevent Market Concentration

New Delhi, July 8 -- The Reserve Bank of India (RBI) is pushing for interoperability in the Trade Receivables Discounting System (TReDS) to promote greater competition among platform operators and pre... Read More


Aequs Jumps 12% To All-Time High On Nuvama's Bullish Call

India, July 8 -- Shares of contract manufacturer Aequs surged as much as 12% to hit an all-time high of Rs.271 apiece on the BSE after brokerage Nuvama Institutional Equities initiated coverage on the... Read More


D.P. Abhushan Ltd leads gainers in 'B' group

Mumbai, July 8 -- DB (International) Stock Brokers Ltd, Dhunseri Investments Ltd, Jindal Drilling & Industries Ltd and Gem Aromatics Ltd are among the other gainers in the BSE's 'B' group today, 08 Ju... Read More


Rs.60 lakh salary: Here is how to calculate final tax liability after surcharge under new tax regime

New Delhi, July 8 -- An annual salary of Rs.60 lakh requires one additional step in tax calculation under the new tax regime compared to lower income levels. In addition to applying slab-wise tax rate... Read More


Auto sector Q1 results preview: Margin pressure looms despite strong demand; Hyundai, Tata Motors PV among top picks

New Delhi, July 8 -- The automobile sector is likely to post another quarter of strong revenue growth in Q1FY27, driven by robust demand across passenger vehicles, two-wheelers, commercial vehicles an... Read More


India's battery storage requirement to surge 888-fold by 2035-36, but financing remains the biggest hurdle

India, July 8 -- India will need 888 gigawatt-hours (GWh) of energy storage capacity by 2035-36, up from barely 1 GWh today, underscoring the scale of investment required to support the country's rene... Read More


India's battery storage requirement to jump to 888 GWh by 2035; power demand likely to reach 300 GW next year

India, July 8 -- India will need 888 gigawatt-hours (GWh) of energy storage capacity by 2035-36, nearly 900 times its current installed capacity of around 1 GWh, as the country prepares for rapidly ri... Read More