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TCS plans up to 8,900 AI deployment engineers, seeks AI acquisitions

The IT major plans to build a team of forward-deployed engineers, explore acquisitions in AI and cybersecurity, and deepen client engagement

Typhoon Bavi lashes eastern China after landfall, threatens heavy rainfall

Nearly two million people were evacuated as Typhoon Bavi struck eastern China, bringing torrential rain, violent winds, flooding and widespread transport disruptions

US launches more strikes on Iran after commercial ship struck in Hormuz

Iran said it closed the vital Strait of Hormuz after firing a warning shot that struck a vessel traveling on ‌an unapproved route

Typhoon Bavi makes landfall in eastern China after nearly 2 mn evacuated

Even as Bavi continues to slow and weaken on its northwesterly path, the typhoon is still a potent risk due to the sheer volume of moisture it holds within its ‌rain bands

Mojtaba Khamenei vows revenge for slain father, says it's demand of nation

Khamenei issued the message ​on the occasion ‌of funeral ceremonies for his ​father, Ayatollah Ali Khamenei, held months after he was killed ‌in the ​US-Israeli ‌airstrikes

Oregon withdraws legal challenge to delay Paramount-Warner Bros. deal

Oregon's AG has withdrawn a court motion seeking to delay Paramount's $110 bn acquisition of Warner Bros, saying the state is considering its next steps after a dispute over access to company records

US military prepared to 'decimate' Iran if assassination bid is made: Trump

The US president said he has ordered the military to be ready to launch strikes against Iran if Tehran carries out or attempts to assassinate him, saying orders could remain in force for a year

Meta removes AI image feature days after launch following privacy backlash

Meta has withdrawn its new AI image-generation feature, launched earlier this week, after criticism over its use of public Instagram content and concerns that it was enabled by default

Renewed US-Iran hostilities could derail 2027 global oil surplus: IEA

The IEA has warned that renewed US-Iran hostilities could derail its forecast of a global oil surplus in 2027 despite a rebound in supplies after the Strait of Hormuz reopened

Sheikh Hasina, exiled party leaders may return to Bangladesh in Dec

Exiled former Bangladesh PM Sheikh Hasina says she will return from India in December to surrender despite facing a death sentence, saying she wants to face her fate on home soil

Asian stocks climb as AI rally outweighs US-Iran conflict concerns

The renewed ​back-and-forth attacks have further eroded the fragile 3-week-old ceasefire, bringing the spotlight back on oil prices ​and what it could mean for inflation and the global rates outlook

Oil falls, but heads for weekly gain as West Asia supply risks persist

Oil prices edged lower on Friday as inflation concerns weighed on demand, but crude remained on track for strong weekly gains amid renewed US-Iran strikes and uncertainty over the Strait of Hormuz

SBI to sell 1.42% stake in SBI Funds Management in pre-IPO placement

The stake sale at ₹574 per share - the top end of the asset manager's IPO price band - provides an early benchmark for the unit's valuation and indicates institutional demand before public offering

JK Tyre plans additional 5%-6% price hikes by September-end

The hikes reflect pressure across the auto-parts sector after an oil price rally linked to the Middle East conflict drove up the cost of petroleum-based inputs, energy and freight.

Iran hits US military targets in Gulf, lays slain leader to rest

Iran struck US military targets in Gulf states after fresh American airstrikes, while Tehran pursued diplomacy with Oman and Türkiye to prevent wider regional escalation

Air India forms interim panel to oversee firm as search for CEO continues

The panel, led by Chairman N. Chandrasekaran, will oversee the airline until a successor to Campbell Wilson is appointed

India's consumer inflation likely rose above RBI's 4% target in June: Poll

This would also be the highest inflation reading since India introduced its revised consumer price index series with a new base year and updated consumption basket in January

Novo Nordisk launches Awiqli, world's first weekly basal insulin, in India

The once-weekly basal insulin for adults with type 1 and type 2 diabetes aims to reduce the number of annual injections from 365 to 52 and address delays in insulin initiation

Dr Reddy's delays semaglutide supplies over active ingredient quality issue

Drugmaker said certain batches of semaglutide failed to meet quality specifications, prompting a delay in commercial supplies, while maintaining there is no impact on patient safety

Govt probe finds Adani's Mumbai airport shops sold illegal nicotine pouches

Official investigation found nicotine pouches were sold without regulatory approval at Mumbai airport's duty-free outlets, while Adani Group argues the relevant drugs law does not apply to such shops