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Southern Railway announced MRTS services between Velachery and St. Thomas Mount will start on March 10, 2026, after delays since 2008 due to land issues and litigation. This 5-km extension improves peak-hour links from Tambaram to Chennai Beach amid reduced Beach-Chengalpattu trains for Egmore redevelopment.
Motilal Oswal Financial Services’ latest report argues that gold’s rally past $5,000 per ounce in early 2026 reflects structural changes like fiscal deficits, central bank buying, supply shortages, and geopolitical risks, rather than short-term cyclical factors.
Finance minister Nirmala Sitharaman announced tax holiday until 2047 to any foreign company that provides cloud services to customers globally, by using data centre services from India. This is going to benefit Ambani & Adani who are building massive data centers in India.
Bike taxi services in Bengaluru received a major boost after the Karnataka High Court lifted the state-wide ban, allowing platforms like Rapido and Uber to resume operations. The court ruled that motorcycles used as bike taxis qualify as transport vehicles under law and cannot be denied permits. The decision brings relief to commuters and riders, while the government prepares clear operational rul
Tata Consultancy Services (TCS) declared a generous interim dividend of Rs.57 per equity share for FY26, including Rs.11 as the third interim dividend and Rs.46 as a special dividend. Payment is scheduled for February 3, 2026, with January 17, 2026 set as the record date. CEO K Krithivasan highlighted continued Q3 growth momentum, AI services reaching $1.8 billion annualized revenue, and the compa
Tata Consultancy Services (TCS) reported a 14% year-on-year decline in consolidated net profit to Rs.10,657 crore for the December 2025 quarter, down from Rs.12,380 crore last year. Operating revenue grew 5% YoY to Rs.67,087 crore, with sequential 2% increase. AI services annualized revenue reached $1.8 billion (up 17.3% QoQ in constant currency), operating margin stayed stable at 25.2%, and total
Tata Consultancy Services (TCS) has suspended final anniversary appraisals and salary increments for employees who failed to comply with its mandatory five-day work-from-office (WFO) policy during the July-September 2025 quarter.
The IT services sector anticipates cautious hiring growth in 2026, prioritizing high-impact skills like AI, GenAI, data engineering, cloud optimization, cybersecurity, and platform modernization over volume-based recruitment.
Tata Consultancy Services (TCS) announced an ambitious shift to become the world’s leading AI-driven technology services provider at its Analyst Day. Outlining a five-pillar strategy – internal AI transformation, service redefinition, talent upskilling (1.8 lakh employees trained), client adoption and ecosystem expansion via partnerships/M&A – TCS revealed its AI business hit $1.5 billion annualiz
Paytm Payments Services Limited (PPSL), the payments arm of One97 Communications, has received the final Payment Aggregator (PA) license from the Reserve Bank of India (RBI) on November 26, 2025. This crucial approval under the Payment and Settlement Systems Act, 2007, will enable Paytm to manage payments using its POS devices and soundboxes at merchant outlets and support various payment instrume
