Following the rejig, JM Financial estimates that Tata Technologies will see passive fund inflows of around $16 million, while Hexaware is expected to receive about $15 million. The index changes will take effect after market hours on May 30.
Read More
Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. About 55% of those workers were in the U.S.
Read More
The Gensol Engineering crisis highlights deep-rooted corporate governance failures, with former ICAI President Amarjit Chopra calling for urgent reforms to hold promoters accountable for fraud. He emphasizes greed as the root cause and questions, “Why isn’t there an oversight body…
Read More
Tata Steel has allocated Rs 15,000 crore for capital expenditure across its India, UK, and Netherlands operations in FY26, with 80% dedicated to ongoing Indian projects. The company is expanding capacity in India, transitioning to electric arc furnaces in the…
Read More
The new contract and procurement manual is expected by July, ET has learnt. While the bigger contracts go through proper scrutiny, contracts below Rs 100 crore are assigned by departments, ministries and CPSEs in their independent capacity.
Read More
The move is likely to benefit at least six power plants with a total planned capacity of around 8 GW, but the capacity remaining to be tied up is around 4 GW, because PPAs have either not been signed or…
Read More