Homegrown Tata Consultancy Services Ltd, the country’s largest information technology (IT) services company, and India-heritage Cognizant Technology Solutions Corp. were among the companies targeted by two senators, Republican Charles E. Grassley and Democrat Richard J. Durbin, over hiring practices. A third senator, Tom Cotton, is considering bills to reform of H-1B programme, while his Republican … Read more
Online gaming companies on Friday (September 26, 2025) told the Supreme Court of India that their “businesses are shut down” owing to the new law which bans real money games, related banking services and advertisements. They sought urgent hearing and interim relief from the implementation of the Promotion and Regulation of Online Gaming Act, 2025. … Read more
Pushing back against the protectionist wall being erected by MAGA-infused United States, India has called on BRICS nations to defend the multilateral trading system and adherence to international law, risking blowback from a US President who has been openly hostile to the non-western economic alliance. Hosting a meeting of foreign ministers of BRICS – including … Read more
Co-working major WeWork India is gearing up to launch its initial public offering (IPO) on October 3, with people aware of the matter pegging the issue size to nearly ₹3,000 crore. The issue will close on October 7, with bidding for anchor investors opening for a day on October 1, as per the red herring … Read more
LG Electronics India is reportedly preparing to launch its initial public offering in the week beginning October 6 to raise around Rs 11500 crore ($1.3 billion), a significant cut from its earlier expected valuation of $15 billion, Bloomberg reported citing sources familiar with the matter.The South Korean electronics giant secured regulatory approval for its … Read more
Three Coca-Cola bottlers in India will jointly invest ₹25,760 crore ($2.96 billion) to expand the country’s food processing infrastructure and have signed memoranda of understanding with the Ministry of Food Processing Industries for greenfield and brownfield projects, according to an industry official. SLMG Beverages, Hindustan Coca-Cola Beverages (Coca-Cola’s wholly-owned bottling arm), and Kandhari Group of … Read more
Generic drugmaker Natco Pharma is considering spinning off its agro business, a move for which it got an in-principle approval from the board on Thursday. The board of directors has given in-principle approval to evaluate the demerger of the agro business of the into a separate entity. The management is of the opinion that the … Read more
Finance minister Nirmala Sitharaman on Thursday called upon banks and financial institutions with strong balance sheets to step up lending for public infrastructure, industry and the MSME sector.Addressing the Foundation Day event of Bank of Maharashtra, Sitharaman highlighted the critical role of banks amid growing global uncertainty. “The global environment has become increasingly unpredictable. The … Read more
US President Donald Trump on Friday announced a 100% tariff on pharma products, along with 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on October 1.The announcements came in a series of posts on his social media platform indicating that he remains committed to tariffs beyond … Read more