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Tata Consultancy Services has reportedly lowered variable compensation for mid- and senior-level employees in the April-June quarter, disbursing only 60-70% of eligible pay as operating margins shrink amid investments in artificial intelligence, according to a Moneycontrol report.

IndiaFirst Life has partnered with Salesforce to deploy autonomous AI agents across core sales and customer operations, aiming for long-term growth without immediate staff cuts. 

The floor price is 630 per share, a 1.7% discount to Lenskarts closing price on the National Stock Exchange on Thursday.

The telco is also assessing fixed wireless home broadband, even as analysts warn of widening cash losses.

Oil marketing companies are prepared to supply petrol containing up to 10% ethanol, as the existing network can dispense it, says Sanjay Khanna, chairman and managing director of BPCL.

Subhash Chandra insolvency case: The NCLT has approved a repayment plan for Subhash Chandra, offering creditors around 6.5 crore against 22,006.57 crore in claims. The decision means a nearly 99.97% haircut and raises questions over creditor commercial wisdom.

National Housing Banks fraud classification follows audits that flagged phantom loan accounts, alleged fund diversion and other irregularities at Star Housing Finance, which is now engaging with a potential investor for a majority stake and fresh capital.

India Ratings maintained a neutral outlook on the banking sector, saying the latest 19.3% credit growth is being driven largely by lower-yielding corporate and NBFC loans rather than a broad-based acceleration in lending.

PMJDY accounts come with no minimum balance requirement or maintenance charges. Account holders are provided a RuPay debit card carrying an accident insurance cover of 2 lakh and are eligible for an overdraft facility of up to 10,000.

India's entertainment and media market is projected to grow from $25.7 billion in 2025 to $36.7 billion by 2030, driven by digital ecosystems and technology. Key areas include internet advertising and OTT, with new monetization models enhancing revenue potential across traditional and digital media.

The sugar price spike comes just ahead of the festive season, when consumption typically rises. Is it a result of lower production or diversion of sugar to ethanol?

Mint explains the move and the challenges amid concerns over imported systems used in electricity distribution and transmission.

Major airport developers, Adani and GMR, are aggressively expanding retail, dining, and commercial offerings to drive profitability as passenger traffic growth cools down. 

Nvidia is set to acquire Hugging Face for $12.9 billion, as per media reports. This deal comes just a month after the AI startup was hacked by OpenAI agents, which in turn compromised its infrastructure. Full details here.

Siguler Guff is considering the fund to stay invested in value-retail chain Baazar Kolkata, multi-specialty chain Sterling Hospitals, appliance maker Luker Electric Technologies and medical device maker Relisys

India's hotel industry is shifting to upscale offerings, bridging luxury and budget categories. Chains like EIH, ITC, and Lemon Tree are expanding mid to upper-upscale brands to meet rising domestic demands, while maintaining a portfolio across various price points to maximize market coverage.

After a long lull, stars like Emraan Hashmi and Sunny Deol are back at the box office. Experts say nostalgia and familiar franchises help, but the right story, character and genre ultimately make a comeback click.

Lloyds Metals has environmental clearance for a 4.5 mtpa steel plant at Konsari in Maharashtra but is studying a scale-up to as much as 8 mtpa as iron ore production rises.

The plan, code-named Project OT short for Organization Transformation envisioned an AI native future for the owner of Facebook and Instagram.

On 9 February, OpenAI announced a pilot plan for advertisements within ChatGPT, barely five days after cross-town rival Anthropic released a statement claiming that its ChatGPT counterpart, Claude, is a space to think and will remain ad-free.

Starting January 2025, Tata Electronics, Murugappa Group's CG Power, and HCL Group have announced semiconductor projects worth 1.29 trillion under the India Semiconductor Mission. Since then, these firms have invested 3,345 crore in semiconductor manufacturing and assembly plants.

TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.

Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations

HP-RESULTS:HP's decline in PC shipments overshadows strong results; shares fall

Finally, what some said could never be done has happened: Meta Platforms Inc. has been forced to make real changes to protect the millions of young people who use its products. Make no mistake, whilethe amount that the company agreed to pay to settle a lawsuit brought by several states up to $18 billion is large, it is dwarfed in significance by the long-tail positive effects this so-called Big Tobaccomoment will have on the well-being of teens. Metas simultaneous call that other social m

A dispute between Tech Mahindra and employee R Bhavana highlights issues in handling medical leave and grievances in tech companies. 

An EAC-PM paper finds that banking efficiency has improved sharply since FY20.

The JSW Group, led by Sajjan Jindal, has halted plans for a 50 GWh battery cell gigafactory in India owing to the inability to secure a partner for lithium iron phosphate technology from China.

Vanguard agrees to acquire Altruist for about $4 billion, expanding its wealth management and financial advice business.

Prudential is pricing the deal in the range of 2,998-3,158 per share, representing a 2-7% discount to ICICI Prudential AMC's Wednesday closing price of 3,222.80 on the NSE

Jwalant Natvarlal Soneji, an HDFC Bank investor, filed a securities-fraud class-action complaint on 13 August in the US District Court for the Southern District of New York against the lender.

JSW MG Motor India has launched the Hector Tomahawk SUV with EV and plug-in hybrid options to reclaim its second-place rank in Indias electric vehicle market. The launch comes as JSW and China's SAIC negotiate further investments while preparing to triple local manufacturing capacity.

Blinkit remains a clear leader with 969 stores, accounting for about 27% of the 3,536 dark stores CLSA mapped across the 10 cities.

Comparative advertising is not new in India. But it's becoming less about 'my product is better' and more about challenging a rivals claims and positioning.

The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?

The project's start date comes ahead of the festive season, a time when residential demand increases, a factor the company expects to tap into once registrations for sale open.

Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.

CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.

Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.

Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.

Indias music-streaming market is betting on telecom, OTT, banking and other bundles to convert reach into paying users, but experts say exclusive content and better licensing economics will be key to making the model work.

This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.

Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.

Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.

This will be the first major government scheme for private sector intercity e-buses. Previous e-bus schemes covered state-run intracity buses.

Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports. 

Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.

INTUIT-RESULTS/ (PIX):Intuit's annual forecast falls short of estimates as it prioritizes customer growth

Elon Musk's space company to build new rocket launching site in Louisiana

Franklin Templetons Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans.