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What is the story about?
TCS Q1, Iran tensions & NSE IPO in focus
TCS kicked off the earnings season with steady Q1 numbers and robust deal wins, while fresh developments emerged around NSE's long-awaited IPO. Meanwhile, geopolitical tensions remained elevated after Iran issued a fresh warning to the US. Here's what you need to know.
TCS Q1 Results: Earnings meet expectations with deal wins at $9.5 billion
Tata Group giant Tata Consultancy Services Ltd. (TCS) reported results for the April-June quarter that were in line with already muted street expectations.
Read more
TCS adds over 9,200 employees in fastest hiring quarter in nearly four years
TCS added 9,279 employees in the June quarter, recording its fastest headcount growth in 15 quarters despite caution around AI-led hiring. Attrition eased, while the company continued investing in AI infrastructure, capabilities and future-ready skills.
Read more here
Also Read: Market ends higher: 3 factors that helped Sensex, Nifty snap two-day losing streak
'If you strike, you'll get hit': Iran's Ghalibaf warns US, says Hormuz opens on Tehran's terms
Iranian Parliament Speaker Mohammad Bagher Ghalibaf on Thursday warned the United States that any further military action against Iran would draw a response from Tehran.
Read more
NSE IPO: SEBI Issues First Round Of Observations Which Are Likely Procedural: Sources
SEBI has issued the first round of observations on NSE's IPO proposal, sources told CNBC-TV18. The observations are expected to be largely procedural, with NSE targeting final regulatory approval by August and aiming to launch its IPO in September.
H-1B probe, Borosil talks & E20 fuel explained
The US has launched a major probe into alleged H-1B visa fraud, Borosil Renewables is exploring strategic investment options, and Petroleum Minister Hardeep Singh Puri addressed concerns around E20 fuel. Here's a look at the stories making headlines.
US launches probe into alleged H-1B visa fraud, labour trafficking
The Trump administration has launched what it calls its first major probe into alleged fraud involving H-1B and PERM visa programmes, labour trafficking and the displacement of US workers, said a senior official on Wednesday.
Read more
Petroleum Minister Hardeep Singh Puri Exclusive | Will E20 fuel reduce mileage?
Will E20 ethanol-blended fuel reduce your vehicle's mileage? Union Petroleum Minister Hardeep Singh Puri addressed the concern, saying mileage should be viewed in the overall context. He added that E20 fuel offers better acceleration, has a higher octane rating, and does not harm engines designed to run on the blend.
Borosil Renewables In Strategic Investment Talks; Promoters May Pare/Exit Stake, Say Sources
Borosil Renewables is in preliminary talks with strategic investors for a potential investment, sources told CNBC-TV18. If discussions progress, the company's promoters may pare or completely exit their stake, with the deal likely to value Borosil Renewables below its current market capitalisation, the sources added.
Meta to put AI chip into production in September as it looks to double computing capacity: Report
Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts next year, showed an internal memo reviewed by Reuters.
Read more
Diplomacy, Downpours & Football: Top updates
PM Narendra Modi's Australia visit dominated the diplomacy, while relentless rain disrupted life across Delhi-NCR. Add fresh concerns over spam calls and the FIFA World Cup quarter-finals, and it's been another eventful day. Here's your roundup.
PM Modi in Australia: Red-carpet welcome, key deals and protests during Melbourne visit – See pics
From a grand ceremonial welcome and a warm reception by the Indian diaspora to CECA talks, business engagements, key bilateral agreements and protests, here are the biggest moments from PM Narendra Modi's Australia visit.
Read more
Why TRAI’s 1600 number series is new hotspot for spam: Truecaller CEO explains
Truecaller CEO Rishit Jhunjhunwala on Wednesday raised concerns over the Telecom Regulatory Authority of India (TRAI)’s move to restrict caller ID apps from displaying community-reported information for calls made through the 140 and 1600 number series.
Read more
Watch | Delhi rains bring city to a standstill; roads waterlogged, traffic hit as capital under red alert
Heavy overnight rain and persistent showers through Thursday, July 9, brought large parts of Delhi and the National Capital Region to a standstill, triggering severe waterlogging and traffic congestion as the national capital remained under a red alert.
Read more
World Cup quarterfinals: It's Messi, Morocco, and six teams from Europe
This edition started with 48 teams; it's now down to eight, with six of those from Europe. And unless Morocco pulls off a series of surprising outcomes over the final two weeks, the champion will come from Europe or South America.
Read more
That's your Top 10@10 for today. We'll be back tomorrow with another roundup of the biggest stories shaping markets, business and the economy.
TCS kicked off the earnings season with steady Q1 numbers and robust deal wins, while fresh developments emerged around NSE's long-awaited IPO. Meanwhile, geopolitical tensions remained elevated after Iran issued a fresh warning to the US. Here's what you need to know.
TCS Q1 Results: Earnings meet expectations with deal wins at $9.5 billion
Tata Group giant Tata Consultancy Services Ltd. (TCS) reported results for the April-June quarter that were in line with already muted street expectations.
Read more
TCS adds over 9,200 employees in fastest hiring quarter in nearly four years
TCS added 9,279 employees in the June quarter, recording its fastest headcount growth in 15 quarters despite caution around AI-led hiring. Attrition eased, while the company continued investing in AI infrastructure, capabilities and future-ready skills.
Read more here
Also Read: Market ends higher: 3 factors that helped Sensex, Nifty snap two-day losing streak
'If you strike, you'll get hit': Iran's Ghalibaf warns US, says Hormuz opens on Tehran's terms
Iranian Parliament Speaker Mohammad Bagher Ghalibaf on Thursday warned the United States that any further military action against Iran would draw a response from Tehran.
Read more
NSE IPO: SEBI Issues First Round Of Observations Which Are Likely Procedural: Sources
SEBI has issued the first round of observations on NSE's IPO proposal, sources told CNBC-TV18. The observations are expected to be largely procedural, with NSE targeting final regulatory approval by August and aiming to launch its IPO in September.
H-1B probe, Borosil talks & E20 fuel explained
The US has launched a major probe into alleged H-1B visa fraud, Borosil Renewables is exploring strategic investment options, and Petroleum Minister Hardeep Singh Puri addressed concerns around E20 fuel. Here's a look at the stories making headlines.
US launches probe into alleged H-1B visa fraud, labour trafficking
The Trump administration has launched what it calls its first major probe into alleged fraud involving H-1B and PERM visa programmes, labour trafficking and the displacement of US workers, said a senior official on Wednesday.
Read more
Petroleum Minister Hardeep Singh Puri Exclusive | Will E20 fuel reduce mileage?
Will E20 ethanol-blended fuel reduce your vehicle's mileage? Union Petroleum Minister Hardeep Singh Puri addressed the concern, saying mileage should be viewed in the overall context. He added that E20 fuel offers better acceleration, has a higher octane rating, and does not harm engines designed to run on the blend.
Borosil Renewables In Strategic Investment Talks; Promoters May Pare/Exit Stake, Say Sources
Borosil Renewables is in preliminary talks with strategic investors for a potential investment, sources told CNBC-TV18. If discussions progress, the company's promoters may pare or completely exit their stake, with the deal likely to value Borosil Renewables below its current market capitalisation, the sources added.
Meta to put AI chip into production in September as it looks to double computing capacity: Report
Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts next year, showed an internal memo reviewed by Reuters.
Read more
Diplomacy, Downpours & Football: Top updates
PM Narendra Modi's Australia visit dominated the diplomacy, while relentless rain disrupted life across Delhi-NCR. Add fresh concerns over spam calls and the FIFA World Cup quarter-finals, and it's been another eventful day. Here's your roundup.
PM Modi in Australia: Red-carpet welcome, key deals and protests during Melbourne visit – See pics
From a grand ceremonial welcome and a warm reception by the Indian diaspora to CECA talks, business engagements, key bilateral agreements and protests, here are the biggest moments from PM Narendra Modi's Australia visit.
Read more
Why TRAI’s 1600 number series is new hotspot for spam: Truecaller CEO explains
TRAI data
Truecaller CEO Rishit Jhunjhunwala on Wednesday raised concerns over the Telecom Regulatory Authority of India (TRAI)’s move to restrict caller ID apps from displaying community-reported information for calls made through the 140 and 1600 number series.
Read more
Watch | Delhi rains bring city to a standstill; roads waterlogged, traffic hit as capital under red alert
Delhi Rains Live Updates
Heavy overnight rain and persistent showers through Thursday, July 9, brought large parts of Delhi and the National Capital Region to a standstill, triggering severe waterlogging and traffic congestion as the national capital remained under a red alert.
Read more
World Cup quarterfinals: It's Messi, Morocco, and six teams from Europe
This edition started with 48 teams; it's now down to eight, with six of those from Europe. And unless Morocco pulls off a series of surprising outcomes over the final two weeks, the champion will come from Europe or South America.
Read more
That's your Top 10@10 for today. We'll be back tomorrow with another roundup of the biggest stories shaping markets, business and the economy.
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