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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. 

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.

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.

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.

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.

Hybrid funds offer exposure to multiple asset classes through a single scheme. But how have different hybrid fund categories performed? Heres a look at the top and bottom performers based on 3-year SIP returns. 

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

Unexplained income can attract a steep tax burden. But the new Income Tax Act, 2025 changes the rules for voluntary disclosure and tax department detection. Heres what unexplained income means, how it is taxed, and what taxpayers need to know.

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

Gold, silver and equities have behaved differently across market cycles. A look at 26 years of data reveals how precious metals performed during equity downturns, their return patterns, and what their low correlation with the Nifty 50 TRI means for investors.

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.

ITR-3 and ITR-4 filing deadline is 31 August for AY 2026-27. Salaried individuals may need these forms due to certain types of income. But if you filed ITR-1 or ITR-2 by mistake, should you file a fresh return now? Find out here.

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

Foreign tourists in India can now use their home country payment apps at local shops without needing a bank account. 

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

Taxpayers with business income face an August 31 deadline to file income tax returns for AY 2026-27. Over 6.5 crore returns, including 5.9 crore filed by July 31, have been recorded. Non-audit taxpayers can use ITR-3, ITR-4, ITR-5, ITR-6, or ITR-7 forms.

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.

The e-Shram portal completes five years today, with over 31.89 crore registrations. Heres what workers should know about e-Shram eligibility, benefits, registration process and fees, and whether the card offers any direct financial assistance.

Until recently, families faced a frustrating, decades-old hurdle: the single-nominee limit. The Banking Laws (Amendment) Act, 2025, which came into force on 1 November 2025, changed that.

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.

Radhika Gupta spoke about the importance of distinguishing between valuable possessions and sound financial investments. She identified the joker in an investment portfolio.

The 31 July ITR deadline for AY 2026-27 has passed, but taxpayers in other categories have more time. Key deadlines are 31 August for non-audit cases, 31 October for audit cases, 30 November for transfer pricing cases and 31 December for belated returns.

The Supreme Courts motor-insurance ruling goes beyond one familys 10 lakh claim, exposing Indias 56% uninsured-vehicle gap and highlighting why enforcement and consumer awareness must work together.

Naming a nominee for mutual funds, shares or demat investments does not automatically make them the final owner after your death. Legal heirs can still claim their share, while a valid Will generally determines who ultimately inherits the investment.

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 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.

Earlier on Tuesday, a CNBC-TV18 report citing sources said Federal Bank and Jana SFB are in advanced stages of a deal for the private bank to acquire a majority stake in the small finance bank.

This comes at a time when India has fallen behind the US and China in building globally competitive foundational AI models. While the industry sees greater opportunities for Indian startups at the application layer, a lack of early-stage local risk capital may pose challenges.

According to Neeraj Kumar, the projection was revised upward over the past two months after the RBI introduced measures in June allowing banks and public-sector companies to raise foreign-currency funds under a special window.

SoftBank has reduced its stake in Lenskart by offloading shares worth 2,888 crore, following a previous sale of 2,873 crore. Its holding has fallen from 9.86% to 7.28%, making it the second-largest public shareholder in the eyewear company.

The TCS-Porsche deal is the latest of at least nine transactions in which IT firms acquired clients technology businesses alongside large outsourcing mandates, as organic growth slows.

The investment comes as the miner targets 1 billion tonnes of annual output by FY30 and absorbs higher diesel and ammonium nitrate costs without an immediate coal price hike.

SBI Gold Fund topped the three-year SIP return chart at 44.11%, followed by Axis Gold Fund at 43.84%, while equity funds delivered around 20-21%. The one-year data shows a shift, with Bank of India Small Cap Fund leading at 50.13% and ITI Small Cap Fund at 42.06%.

Kedaara Capital will work with Tynors promoters, P.J. Singh and A.J. Singh, management team and long-standing strategic partner Thuasne.

For individuals with business or professional taxpayers, opting out of the default new regime, or subsequently returning to it, involves a specific compliance process.

The updated EPFO portal offers several key online services, including UAN activation, PF withdrawal, KYC updates, passbook access, transfers and e-nomination, helping employees manage provident fund accounts with greater ease.

Sebis latest F&O study does more than count losses. It reveals the behavioural biases that keep traders overconfident, chasing losses and returning to a market that repeatedly hurts them.

SpaceX founder Elon Musk announced that the company plans to launch its first AI satellites powered by Nvidia chips in Q4 next year, with the fleet expected to reach significant scale by 2028. The company is also pursuing plans for orbital data centres.

The Bengaluru startup will use the funding to expand engineering, commercial manufacturing and go-to-market efforts as it builds drone delivery networks in India.

Microsoft's latest analysis on AI usage shows a median monthly cost of $300, with one employee reporting $28,000. Despite extensive AI integration efforts, the data show no correlation between AI spending and employee promotions, raises, or bonuses

Planning to break your fixed deposit before maturity? Check premature withdrawal penalties, revised interest rates, tax implications and FD-backed loan options to understand the real cost and make a financially informed withdrawal decision.

OTT platforms are breaking the binge, one episode at a time. Staggered drops are helping shows build momentum, sustain conversations and drive higher cumulative viewership and retention.

Gold and silver prices today, 25 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

The move comes as billionaire Gautam Adanis group marks its entry in the aluminium sector. In June, Adani Enterprises announced plans to invest about $11.5 billion to develop a 2 million tonnes per annum aluminium project in Odisha in partnership with UAEs International Holding Company.

Airbnb once emerged as an alternative to traditional long-term leasing, where typical rental yields are stuck at a mere 24%. But as listings surged across the country, that premium is beginning to disappear.

A 2.1 fitment factor under the 8th Pay Commission may look lower than the 7th CPCs 2.57, but the actual salary gain could still be higher. Employee body representative Manjeet Singh Patel explains how existing DA changes the calculation.