BENGALURU: Cognizant is learnt to have secured a deal worth over $1 billion from Swiss pharma major Novartis as part of a consolidation contract that includes renewals as well as new scope spanning application services, infrastructure, data and AI-led offerings, people in the know told TOI. This marks the second consecutive billion-dollar deal for Cognizant…
RAJKOT: Reliance Industries will double its investment in Gujarat to Rs 7 lakh crore, focussing on clean energy, a bold push in artificial intelligence (AI) and digital inclusion, sports infrastructure and social development. RIL CMD Mukesh Ambani announced Sunday that the group will pioneer India’s AI push by setting up the country’s largest AI-ready data…
CHENNAI: In a significant boost to its India strategy, Vietnamese electric vehicle maker VinFast has crossed the 1,000-unit mark in cumulative electric car sales in the country-an impressive milestone for a new entrant achieved in just about four months. The growth comes as the company steadily expands its sales and service footprint while strengthening its…
To beat the market in recent years, many investors applied a simple strategy: Load up on the biggest US technology stocks. It paid handsomely for a long time. But last year, it didn’t. For the first time since 2022, when the Federal Reserve started raising interest rates, the majority of the Magnificent 7 tech giants-Nvidia,…
NEW DELHI: The first impact of the labour codes will be felt in the Dec quarter results with companies making higher provision for gratuity. “Companies will need to update their gratuity liability provisions in line with Ind AS 19, recognising past service liabilities as the new labour codes came into effect on Nov 21, 2025….
NEW DELHI: Days after govt rejected US commerce secretary Howard Lutnick’s claims, commerce and industry minister Piyush Goyal Sunday said that stakeholders should have trust in India, instead of relying on statements from overseas. “Trade deal is not negotiated in media. Trust India, don’t trust foreign statements. Have trust in your country, your motherland, India,”…
BENGALURU: Background verification firms and corporate forensic teams are flagging cases of location spoofing, particularly among hybrid employees and gig workers. In several instances, employees have been pulled up after allegedly misrepresenting their actual work location, with such discrepancies surfacing during random audits, compliance checks, or client reviews. Investigations found that some used travel routers…
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
