IBM Layoffs: Thousands of Jobs Cut in Tech Restructuring
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
Category : Search result: IT sector news
Indian Metals buys Tata Steel asset for ₹610 cr, declares dividend
In a major strategic move, Indian Metals & Ferro Alloys acquires Tata Steel's chromite mining business for ₹610 crore while announcing ₹5 per share dividend for shareholders.
Gaurav Sharma to Lead JLL India's Hotels Business
JLL India appoints industry veteran Gaurav Sharma as Managing Director for Hotels & Hospitality business, bringing 20+ years of luxury hospitality expertise to drive strategic growth.
Vodafone Idea Shares Surge 10% After SC AGR Clarity
Vodafone Idea shares locked in 10% upper circuit after Supreme Court provides crucial clarity on AGR dues. Discover how this legal breakthrough is reshaping India's telecom landscape.
Vodafone Idea Shares Surge 10% in Market Rally
Vodafone Idea's stock witnessed a massive 10% surge as fundraising hopes and positive market sentiment ignited investor interest. Discover the key factors behind this telecom stock's impressive performance.
Vodafone Idea Stock Surges 5% on $6B Capital Infusion Reports
Vodafone Idea's stock price witnessed a significant 5% jump following reports that the telecom giant is set to receive a substantial capital infusion of approximately $6 billion, potentially revitalizing India's third-largest telecom operator.
Powercom Contract Workers Strike in Jalandhar
Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.
NIA Keeps Witness Identities Secret in Chandigarh Blast Case
In a significant security measure, NIA obtains court approval to conceal witness identities in the high-profile Sector 10 Chandigarh explosion case, raising concerns about witness safety and case sensitivity.
ACC Q2 Profit Soars to ₹1,119 Crore, Revenue Up 30%
ACC Limited reports blockbuster Q2 FY26 results with net profit skyrocketing to ₹1,119 crore and revenue surging 30% year-on-year. The Adani-owned cement major demonstrates robust operational performance amid strong market demand.
India's ₹3 Lakh Crore Discom Debt Crisis
India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?
Adani Power Q2 Profit Dips 12% on Higher Costs
Adani Power reports 12% decline in Q2 net profit to ₹2,906 crore as rising operational costs offset marginal revenue growth. Total income edges up to ₹14,308 crore amid challenging market conditions.
Govt's Legal Shield: AGR Relief for Vodafone Idea & Airtel
Exclusive insights into the government's legal stance on Supreme Court's AGR dues order. Discover how Vodafone Idea and Bharti Airtel benefit from financial relief measures and the broader implications for India's telecom sector.
L&T's ₹13,375 Crore Order Boom Signals Private Capex Revival
Engineering giant Larsen & Toubro secures massive domestic orders worth ₹13,375 crore across multiple sectors, signaling strong revival in private capital expenditure and infrastructure growth in India.
Tata Steel Shares Surge 2%: Rally Analysis
Tata Steel stock gains momentum as strong Q2 results and positive brokerage outlook drive investor confidence. Discover the key factors behind the steel giant's market performance.
Star Health Q2 Profit Dives 50.7%: Key Details
Star Health and Allied Insurance reports staggering 50.7% drop in Q2 net profit to ₹273.4 crore. Premium growth slows amid rising claims and expenses. Key financial analysis inside.
Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
Chandigarh removes unauthorized vendors from Sector 26 mandi
Chandigarh administration launches major drive against illegal vendors in Sector 26 grain market. Chief Secretary issues strict directives to reclaim public spaces and ensure orderly business operations.
Chandigarh removes unauthorized vendors from Sector 26 Mandi
Chandigarh administration launches major drive against illegal vendors in Sector 26 grain market. Chief Secretary leads cleanup operation to restore order and ensure compliance with market regulations.
India's Factory Output Steady at 4% in September
India's industrial sector demonstrates resilience as factory output maintains 4% growth in September. Infrastructure and manufacturing emerge as strong performers, while mining activity shows signs of moderation.
India's industrial growth hits 3-month low at 5.8%
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
Tata Steel extends rally to 5 days, hits 1-year high
Tata Steel shares extend winning streak to fifth consecutive day, hitting fresh 52-week high as analysts maintain bullish stance. Discover what's driving this impressive rally and expert price targets.
Amazon Plans 30,000 Corporate Layoffs Starting Tomorrow
Amazon prepares for one of its largest corporate layoffs ever, with up to 30,000 employees facing job cuts as part of a major cost-cutting initiative beginning October 29, 2025.
SC Grants Vodafone Idea Relief in AGR Dues Case
In a significant development, the Supreme Court has directed the Centre to reconsider Vodafone Idea's AGR dues, providing crucial breathing space to the struggling telecom giant. Get the complete breakdown of this game-changing verdict.
India's Defence Exports to Reach ₹30,000 Crore
India's defence exports are projected to reach an unprecedented ₹30,000 crore this fiscal year, marking a historic achievement for the nation's growing defence manufacturing capabilities.
LIC Investment Report Baseless: HP Ranina
Renowned tax advocate HP Ranina dismisses Washington Post allegations about LIC's investment practices as baseless, defending India's largest insurer's financial integrity and regulatory compliance.
TMB Q2 FY26: Net Profit Up 4.9%
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
Huntington Bancshares Acquires Cadence in $7.4B Bank Deal
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
Vodafone Idea Gets AGR Relief from Supreme Court
In a landmark decision, India's Supreme Court permits Centre to reassess Vodafone Idea's AGR liabilities, offering crucial financial breathing space to the struggling telecom giant.
Adani Energy Q2 Profit Falls 28% to ₹557 Crore
Adani Energy Solutions reports 28% decline in Q2 net profit to ₹557 crore despite revenue growth. Discover the factors behind the drop and the company's strategic outlook.
Vodafone Idea Gets Supreme Court Relief in AGR Case
In a landmark decision, the Supreme Court grants Vodafone Idea significant relief in the AGR case, allowing staggered payments and breathing room for the telecom giant's survival.
Page 1 of 4