market cap loss News

TCS Faces Significant Market Cap Drop and Plans 12,000 Layoffs Amidst AI Transition

Tata Consultancy Services (TCS) has lost over Rs 28,000 crore in market capitalisation after announcing plans to lay off 12,000 employees globally. The layoffs are part of TCS's st...

Market Turmoil: BSE and NSE Face Rs 1.4 Lakh Crore Loss Amid Jane Street Ban and F&O Chaos

BSE and NSE shares have plunged, losing Rs 1.4 lakh crore in market cap due to the Jane Street ban, regulatory actions in F&O trading, and declining derivatives volume. Analysts do...