H-1B hit: TCS on track to hire 15k in US in 5 years

Bengaluru: TCS’s performance in the December quarter came in below analysts’ expectations on both revenue growth and earnings (Ebit) margins. Despite global uncertainty weighing on spending, demand for tech-led transformation remains resilient. In an interview with TOI, CEO K Krithivasan and CHRO Sudeep Kunnumal discussed the demand environment, hiring outlook, and the trajectory of its…

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Housing demand moderates in December quarter: Study

MUMBAI: Housing demand declined by 8.7% quarter-on-quarter during Oct-Dec even as supply rebounded by 3.4% across key cities, hinting at a phase of measured moderation in India’s residential real estate market. Residential prices rose by 1.5% QoQ and 16.9% year-on-year during the quarter, the slowest pace of appreciation recorded during the last two years, according…

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Kotak family office buys majority stake in US snack brand

MUMBAI: Kotak Mahindra Bank founder Uday Kotak‘s family office USK Capital has acquired a majority stake in Go Raw, a Chicago-based seed-centric snack brand, marking its first investment outside India and its debut in the consumer sector.The stake was acquired from Juggernaut Capital Partners, a middle-market private equity firm, and other early-stage investors. USK did…

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