BENGALURU: Lenskart Solutions is gearing up for one of the largest consumer-tech listings of the year, with its IPO expected to raise between Rs 7,500 crore and Rs 8,000 crore, people aware of the matter said. The company filed its draft red herring prospectus (DRHP) with market regulator Sebi on Tuesday. Source link
TCS layoffs: The company’s new bench policy has left many employees concerned about their job security. (AI image) TCS layoffs: Tata Consultancy Services (TCS) announced 12,000 layoffs recently, but there are fears amongst the company employees that the sackings may exceed that number. According to an ET Prime report, TCS employees are fearful that the…
Owned by the Tata Group, Air India has already received warning notices due to multiple safety violations. The Directorate General of Civil Aviation (DGCA) has flagged several safety lapses in Air India’s operations as a part of its annual audit of the airline. These findings are unrelated to the recent Air India AI-171 plane crash….
Tata Consultancy Services (TCS), India’s prominent IT firm, is facing a disconnect between its operational performance and market sentiment. The company’s stock has plunged 33 per cent from its peak, including a 25 per cent drop in 2025 alone, despite strong Q1FY26 results and continued dividend payouts.Recently, the tech giant’s announcement of large-scale layoffs, with…
Gold price prediction: Spot gold is expected to trade with a slight bearish tilt unless US-China trade tensions surface up once again. (AI image) Gold price prediction: Gold prices are trading within a range due to fall in demand for safe haven assets. As the Donald Trump administration finalises trade deals, global economic uncertainties are…
Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…
The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead of key trade and monetary policy decisions.After opening at 86.47 at the interbank foreign exchange, the domestic unit briefly strengthened to an intra-day high of…
The US aerospace giant has globally been in the news for all the wrong reasons. US President Donald Trump’s trade war seems to be benefitting one aviation sector giant in America – Boeing! As Trump seals trade deals with countries around the world, he is also bringing in deals, and Boeing is reaping the rewards.Boeing…
TCS layoffs: NITES has written a letter to Union labour minister Mansukh Mandaviya, voicing concerns regarding the mass sackings. (AI image) The news of TCS layoffs has led to Nascent Information Technology Employees Senate (NITES) writing to Labour Minister Mansukh Mandaviya. India’s biggest IT services firm, Tata Consultancy Services (TCS) on Sunday said it would…
India’s industrial output growth slipped to a 10-month low of 1.5% in June 2025, dragged down by contractions in mining and electricity production due to the early arrival of the monsoon, according to official data released by the National Statistical Office (NSO) on Monday.In comparison, factory output as measured by the Index of Industrial Production…
