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Reuters

Reuters

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world’s largest international multimedia news providers

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Page 57 - Reuters/workspace/business Standard Web/undefined

TCS layoffs signal AI-driven transformation in $283 bn outsourcing sector

TCS and its peers Infosys, HCLTech, Tech Mahindra, Wipro, LTIMindtree, and Cognizant collectively employ over 430,000 workers with 13 to 25 years of experience

TCS layoffs signal AI-driven transformation in $283 bn outsourcing sector
Updated On : 08 Aug 2025 | 12:26 PM IST

Best Buy to boost India tech hub staff by over 40%, says executive

The company, which launched its first tech centre in Bengaluru last year, currently has 350 staff in data and AI roles, with plans to expand to 500-550 employees

Best Buy to boost India tech hub staff by over 40%, says executive
Updated On : 08 Aug 2025 | 11:57 AM IST

IOC, BPCL said to buy 22 million barrels of crude for Sept-Oct delivery

In its latest tender, IOC bought 2 million barrels of US Mars crude, 2 million barrels of Brazilian grades and another 1 million barrels of Libyan crude

IOC, BPCL said to buy 22 million barrels of crude for Sept-Oct delivery
Updated On : 08 Aug 2025 | 10:43 AM IST

India inflation likely dropped to an eight-year low in July: Poll

The RBI left rates unchanged at 5.50%, as expected, on Wednesday and said the inflation outlook was 'more benign'

India inflation likely dropped to an eight-year low in July: Poll
Updated On : 08 Aug 2025 | 10:04 AM IST

Oil set for steepest weekly losses since June, tariffs cloud demand outlook

Adding more pressure on the oil market, the Kremlin on Thursday confirmed Vladimir Putin would meet Donald Trump in the coming days, raising expectations of a diplomatic end to the war in Ukraine

Oil set for steepest weekly losses since June, tariffs cloud demand outlook
Updated On : 08 Aug 2025 | 8:38 AM IST

Govt seeks global 'code of conduct' to curb poaching of pilots, cabin crew

India, one of the world's fastest-growing aviation markets, is wrestling with a shortage of experienced pilots

Govt seeks global 'code of conduct' to curb poaching of pilots, cabin crew
Updated On : 08 Aug 2025 | 8:18 AM IST

Trump tariffs hit India's garment makers as US buyers say move production

A 50% US tariff on Indian garments, tied to Russian oil purchases, has shocked buyers and suppliers, prompting plans to shift production to countries like Ethiopia and Nepal

Trump tariffs hit India's garment makers as US buyers say move production
Updated On : 08 Aug 2025 | 7:18 AM IST

Russia, India talk up 'strategic partnership' after Trump tariff hike

President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil

Russia, India talk up 'strategic partnership' after Trump tariff hike
Updated On : 07 Aug 2025 | 10:25 PM IST

Apple leads global tech rally as Trump spares key chipmakers from tariffs

Trump said the new tariff rate would apply to "all chips and semiconductors coming into the United States," but would not apply to companies that had made a commitment to manufacture in the US

Apple leads global tech rally as Trump spares key chipmakers from tariffs
Updated On : 07 Aug 2025 | 7:50 PM IST

LIC Q1 results: Profit up 5% to ₹10,987 cr on strong policy renewals

Profit after tax for the country's biggest insurer rose to 109.87 billion rupees ($1.26 billion) for the quarter ended June 30 from 104.61 billion rupees a year earlier

LIC Q1 results: Profit up 5% to ₹10,987 cr on strong policy renewals
Updated On : 07 Aug 2025 | 6:28 PM IST

Swiss govt calls emergency meeting as Trump hits goods with 39% tariff

An urgent meeting of the seven-member Federal Council - Switzerland's governing cabinet - would take place in Bern in the early afternoon, the government said a post on X

Swiss govt calls emergency meeting as Trump hits goods with 39% tariff
Updated On : 07 Aug 2025 | 6:09 PM IST

JSW Steel seeks higher met coke import quota to ease supply shortfall

India, the world's second-biggest crude steel producer, in June extended country-specific import quotas of so-called met coke for six months to the end of December

JSW Steel seeks higher met coke import quota to ease supply shortfall
Updated On : 07 Aug 2025 | 3:02 PM IST

Asian shares rise on Wall Street rally, strong earnings, Fed cut bets

At the same time, markets largely shook off Trump's latest tariff moves, including an additional 25 per cent tariff on India over purchases of Russian oil

Asian shares rise on Wall Street rally, strong earnings, Fed cut bets
Updated On : 07 Aug 2025 | 11:20 AM IST

White House plans increase in law enforcement as Trump eyes DC takeover

The threat - and the move to follow through on it - is the latest step by Trump and his administration toward taking over running the city

White House plans increase in law enforcement as Trump eyes DC takeover
Updated On : 07 Aug 2025 | 9:50 AM IST

Trump says 'great progress' made in envoy Witkoff's meeting with Putin

Trump says 'great progress' made in envoy Witkoff's meeting with Putin

Trump says 'great progress' made in envoy Witkoff's meeting with Putin
Updated On : 06 Aug 2025 | 11:36 PM IST

US to impose secondary Russia sanctions on Friday despite Putin meeting

Witkoff met Putin for around three hours on a last-minute mission to seek a breakthrough in the 3-1/2-year war that began with Russia's full-scale invasion of Ukraine

US to impose secondary Russia sanctions on Friday despite Putin meeting
Updated On : 06 Aug 2025 | 11:35 PM IST

India refiners wait for govt order on Russian oil purchases: Report

US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine

India refiners wait for govt order on Russian oil purchases: Report
Updated On : 06 Aug 2025 | 11:08 PM IST

Oil prices seesaw as US Secy questions potential Russia sanctions

Oil prices hit five-week lows as markets await US sanctions decision on Russia. Tariffs on India, crude inventory draw, and Opec+ supply plans also influence Brent and WTI price movements

Oil prices seesaw as US Secy questions potential Russia sanctions
Updated On : 06 Aug 2025 | 10:57 PM IST

Bhel Q1 results: Loss widens 114% to ₹455 crore as power demand dips

The manufacturer's net loss more than doubled to ₹455 crore ($52 million) in the quarter ended June 30, from ₹213 crore a year earlier

Bhel Q1 results: Loss widens 114% to ₹455 crore as power demand dips
Updated On : 06 Aug 2025 | 7:21 PM IST

PVR Inox narrows losses as hits like 'F1' boost footfalls, revenue

Footfalls in cinema halls have been pressured by weak urban consumption, an uneven slate of film releases and growing competition from streaming platforms

PVR Inox narrows losses as hits like 'F1' boost footfalls, revenue
Updated On : 06 Aug 2025 | 4:28 PM IST