‘Desperate calls, emails…’: TCS delays onboarding 600 experienced lateral hires; NITES writes to government – here’s what the IT giant has said

NITES indicated that the postponement in joining dates by TCS has left these professionals without employment and economically insecure. Tata Consultancy Services (TCS) has delayed onboarding over around 600 experienced lateral hires, sending out a communication about ‘indefinite delay’, sharing no revised timelines for these technology professionals to join the IT giant.Raising the issue with […]

Gold price prediction today: Where is gold rate headed in the near-term & will silver outperform the yellow metal? Here’s the outlook

Gold price prediction: Gold prices may see further consolidative moves trading in a tight range in near term. (AI image) Gold price prediction today: Gold prices will continue to be influenced by global economic outcomes in the shadow of US President Donald Trump’s looming August 1, 2025 reciprocal tariff deadline. What should gold and silver […]

China’s rare earth export curbs hit another industry! Apple AirPods production at Foxconn India unit faces hurdles; here’s what’s happening

In the Indian market, Apple’s primary suppliers include Foxconn and Tata Electronics. (AI image) China’s rare earth metal export curbs may soon begin hitting production of Apple AirPods in India. China has stepped up restrictions on exports of rare earths and various industry sectors have raised the alarm on the possible impact of the unavailability […]

Eternal shares jump 15%; Zomato parent top performer on Nifty 50 – here’s why the stock is rallying

Shares of Eternal, the parent company of Zomato and Blinkit, soared nearly 15% on Tuesday after it reported strong quarterly revenue, reinforcing investor confidence in its fast-growing quick-commerce arm. Eternal shares soared to fresh 52-week highs on Tuesday, jumping 14.89% to Rs 311.60 on the BSE and rising 14.55% to Rs 311.25 on the NSE. […]

8th Pay Commission update: Govt begins consultation on CPC with states and ministries — here’s what it told Parliament

The central government has initiated consultations with key stakeholders including states, the Ministry of Defence, the Ministry of Home Affairs, and the Department of Personnel and Training for the constitution of the 8th Central Pay Commission (CPC), the Finance Ministry informed Parliament on Monday.The Union Cabinet had approved the setting up of the 8th CPC […]

‘Focusing on building our network organically’: Reliance to run alone in quick commerce race; Here’s why

Mukesh Ambani-owned Reliance Industries has opted to grow independently in India’s fast-growing quick commerce market, saying that acquisition does not make sense based on their cost structures.The company said it will grow on its own, citing integration challenges and a strong customer base.“We do not want to leave any pocket where we are not competitive. […]

TCS new benching policy: Employees face uncertainty, fear layoffs – here’s what’s happening

The exact impact of the benching policy on the TCS workforce remains uncertain. Tata Consultancy Services (TCS) employees are worried about layoffs as the first round of the new benching policy at India’s largest IT services giant ends. Several TCS employees appear to be taking to social media platforms like Reddit to express their concerns […]