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Business

TCS Announces Salary Hikes for 80% Employees While Planning to Lay Off 12,000: A Dual Strategy Unveiled

TCS announces salary hikes for 80% of its employees while planning to lay off 12,000, as part of its strategy to become a future-ready organization. The salary adjustments will be ...

Business

Trump's Tariff Hike Sparks Crisis in India's Gems & Jewellery Sector, Pushes Firms Toward UAE and Mexico

The Indian gems and jewellery industry faces a crisis as US tariffs double to 50%, prompting a shift towards manufacturing in lower tariff countries like UAE and Mexico. Industry l...

Business

Toyota's Q1 Fiscal 2026: A Closer Look at the $5.7 Billion Net Income Amid Challenges

Toyota Motor Co. reported a net income of ¥841.3 billion ($5.7 billion) in Q1 fiscal 2026, down from last year. Operating profit fell 10.9%, but revenue grew by 3.5%. Vehicle sales...

Business

Allianz Achieves Record Q2 Revenue Growth, Surpassing Expectations with a 8% Increase

Allianz SE announced an 8% year-on-year revenue increase to €44.5 billion in Q2 2025, surpassing expectations. Net income rose by 17.3% to €3 billion, with operating profit hitting...

Business

Samsung to Revolutionize iPhone 18 Cameras with Advanced Image Sensors Made in Texas

Samsung Electronics will produce advanced image sensors for Apple's iPhone 18 in Texas, featuring new three-layer technology to enhance camera performance. This collaboration marks...

Business

Trump's Bold Move: 50% Tariffs on India Shake Stock Markets - What Investors Need to Know Now

US President Donald Trump's announcement of 50% tariffs on India has sent shockwaves through the stock market, particularly affecting export-oriented sectors. Investors are advised...

Business

Elon Musk Unveils Grok Imagine on Android: A Hyperviral AI Revolution

Elon Musk announces the Android availability of xAI Corp's Grok Imagine, an AI image and video generator, noting its hyperviral growth with over 14 million images created on the fi...

Business

Indian Rupee Defies Trump's 50% Tariff Hike, Gains 5 Paise Against US Dollar

The Indian rupee gained 5 paise against the US dollar despite new US tariffs on Indian goods. Experts warn of serious economic fallout, with potential impacts on GDP growth and sec...