The Times of India - Business (2 hours ago)
HCLTech's stock surged almost 6% following the announcement of a massive $1.1 billion deal with a European Fortune Global 50 company, widely believed to be Mercedes-Benz. This significant AI-led agreement, set to run for five years with an extension option, will see HCLTech revamp the automaker's global digital workplace and network operations. The...
ReadThe Times of India - Business (2 hours ago)
India's burgeoning AI data-centre sector is creating a surge in demand for mechanical, electrical, and industrial engineers. These professionals, once overlooked, are now commanding significant salaries as companies build energy-intensive AI infrastructure. Roles like cooling specialists and power procurement heads are in high demand, driving a new...
ReadThe Times of India - Business (3 hours ago)
India's middle class, comprising 31% of the population, is identified as the nation's primary growth engine, driving nearly all consumer spending. This demographic is expanding annually at 6.3% and is increasingly found in tier-two and tier-three cities, not just metropolises. Finance Minister Nirmala Sitharaman highlighted that around 500 cities...
ReadThe Times of India - Business (3 hours ago)
German software giant SAP is implementing hiring freezes, travel restrictions, and tighter control over external spending to fuel its significant investments in artificial intelligence. The company is prioritizing core AI roles and strategic acquisitions to bolster its AI capabilities. While internal travel is paused, essential trips for AI...
ReadThe Times of India - Business (3 hours ago)
Commerce Minister Piyush Goyal has called on states to identify import-substitutable products, aiming to boost domestic manufacturing, cut foreign exchange outgo, and strengthen supply chains. He also pushed for export committees and monthly reviews to support industries facing unfair trade practices. A 90-day drive will focus on 120 districts to...
ReadThe Times of India - Business (3 hours ago)
Indian banks witnessed robust credit growth in the June 2026 quarter, with some lenders seeing advances surge significantly. However, a widening gap emerged as deposits declined for select banks like Bank of Baroda, IDBI, and RBL. Public sector banks maintained a steadier credit-deposit growth, while private lenders adjusted liabilities. Factors...
ReadThe Times of India - Business (3 hours ago)
Recent cyberattacks on Bajaj Auto and Tata Electronics have underscored the escalating cyber risks for India's manufacturing sector. As factories embrace automation and AI, their increased connectivity creates larger vulnerabilities. Experts warn that these breaches, which can halt production and compromise sensitive data, threaten intellectual...
ReadThe Times of India - Business (3 hours ago)
Contrary to popular belief, Samsung leads India's smartphone sales via easy monthly installments, outpacing even Apple. Vivo and Oppo also show strong performance in this growing financing market. As component costs rise, pushing up device prices, financing is becoming crucial for consumers, especially in smaller cities. Brands with robust offline...
ReadThe Hindu - Business (6 hours ago)
Bank of Baroda, the second largest Public Sector Bank on Thursday (July 2, 2026) informed stock exchanges that it had paid $600 million (about ₹5,700 crore) to settle litigation initiated by the administrators of NMC Health Plc, NMC Healthcare Ltd and NMC Holding Ltd. This ends one of the largest cross-border banking disputes involving an Indian...
ReadNDTV - Business (6 hours ago)
The US company further said that complying with the requirement to disclose registration details within 72 hours would be difficult because there is no clear mechanism to determine whether a person requesting the information has a legitimate 'interest in obtaining' it or not.
ReadNDTV - Business (6 hours ago)
Many policyholders assume that a comprehensive motor insurance policy covers everything. The truth is, insurance companies lose thousands of claims every monsoon due to 'consequential damage': harm caused by the driver's actions after the initial flooding.
ReadThe Times of India - Business (7 hours ago)
Prime Minister Narendra Modi inaugurated the new Jodhpur airport terminal, a significant boost for tourism and connectivity, blending modern design with Rajasthani heritage. He also launched the Modified UDAN scheme from Jodhpur, aiming to enhance regional air connectivity nationwide by developing 100 aerodromes and supporting airline operations....
ReadThe Times of India - Business (8 hours ago)
India is set to contest proposed US tariffs on its exports next week, arguing that the US Trade Representative's findings on alleged forced labour are legally flawed. Indian officials and industry bodies will present counter-arguments, emphasizing the country's robust legal framework and compliance systems. They contend the tariffs would harm both...
ReadThe Times of India - Business (9 hours ago)
India aims for a monumental $1 trillion in exports this fiscal year, a goal enthusiastically embraced by industry and policymakers. Union Minister Piyush Goyal confirmed the ambitious target, highlighting strong growth in both merchandise and services sectors. Recent free trade agreements and a seven-point action plan are set to bolster this drive,...
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