Business News

Business

TCS Onboarding Delays Spark Anxiety Among Lateral Hires, Leaving Futures Uncertain

TCS has delayed the onboarding of approximately 650 lateral hires, citing business requirements, leaving many in a state of uncertainty. Candidates are struggling with the lack of ...

Business

Ant Group Plans Strategic Exit from Eternal with a $612 Million Share Sale

Ant Group announces exit from Eternal (formerly Zomato) by selling its 1.9% stake for $612 million, marking its second startup exit in India this week after Paytm. The deal reflect...

Business

EID Parry Sees Significant Reduction in Quarterly Losses, Reports Rs 28cr Deficit in Q1

EID Parry, a part of the Murugappa group, has reported a reduced standalone loss of Rs 28 crore in Q1 2025, improving from a Rs 79 crore loss the previous year. The sugar segment s...

Business

Airbus Announces Jurgen Westermeier as New Managing Director for India & South Asia

Airbus appoints Jurgen Westermeier as the new MD and President for India and South Asia, effective September 1, 2025. He will lead the company's commercial aircraft, defence, space...

Business

TCS Announces Significant Salary Hikes for 80% of Its Workforce Starting September 1

TCS has announced salary hikes for nearly 80% of its workforce, effective from September 1. The move covers eligible associates up to grade C3A and equivalent, as communicated by C...

Business

Lyft Surges Ahead: Q2 Revenue Hits $1.6 Billion with an 11% Year-Over-Year Growth

Lyft Inc. announced an 11% year-over-year revenue growth to $1.6 billion in Q2 2025, with net income soaring to $40.3 million. The company also reported a 26% increase in Adjusted ...

Business

Hyundai Motors India Accelerates EV Market Dominance with Enhanced Local Sourcing Strategy

Hyundai Motors India is enhancing its EV market position by increasing local component sourcing and expanding charging infrastructure, aiming for 600 fast-charging stations in seve...

Business

Anand Mahindra Advocates for Bold Reforms and Tourism Boost Amid US Tariff Challenges

Anand Mahindra suggests leveraging US tariff challenges to implement reforms and boost tourism, proposing a single-window clearance for investments and developing tourism corridors...