TCS sets 6 months’ pay as minimum severance
TCS has initiated a significant workforce realignment, impacting around 12,000 employees, primarily mid- and senior-level executives. This move aligns with increased investments in AI, data, ...
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Bajaj Finserv rebrands insurance arms after Allianz exit
Bajaj Finserv has rebranded its insurance businesses to Bajaj General Insurance and Bajaj Life Insurance, signifying 100% Indian ownership after acquiring Allianz SE’s stake. The ...
Asian stocks today: Markets trade in red after Wall Street slips; HSI falls over 280 points, Nikkei down 0.7%
Asian markets mostly dipped Wednesday, mirroring Wall Street’s first decline in eight sessions, as gold hit a new record high. Hong Kong and Taiwan saw ...
Stock market today: Nifty50 opens flat; BSE Sensex below 82,000 mark
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,100, BSE Sensex was ...
White-collar job listings see 20% drop due to AI
A World Bank report indicates generative AI has caused a 20% decline in job listings for highly substitutable white-collar roles in South Asia, while demanding ...
Bumper harvest: Auto retails surge 34% in Navratri period on GST cuts
Auto retails surged by a record 34% to 11.6 lakh units during the Navratri period, driven by GST cuts and the start of the festive ...