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TCS headcount drops nearly 20k in Q2, takes Rs 1,135 cr hit due to layoffs

​Earlier, TCS announced plans to reduce around 2% of its workforce (over 12,000 employees) this year, with the cuts primarily affecting mid-level and senior executives. TCS came under the spotlight following a social media uproar over layoffs, seen as part…

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ICAI proposes mandatory internal audit standards, peer review framework

The ICAI has released exposure drafts for Standards on Internal Audit, introducing mandatory compliance, peer review, and structured guidance. Comments are open until October 23, 2025, raising key questions: How will mandatory compliance be enforced? What is the scope of…

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Reforms gather steam, India awaits growth momentum

The UK PM’s confidence that the Indian economy is on track to achieve the Viksit Bharat goal by 2047 isn’t baseless. In recent weeks, the government has visibly stepped up its reform drive. From GST rationalisation to the launch of…

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Saya Group to invest Rs 550 cr to build luxury homes in Ghaziabad

Saya Group and Harmony Infra are developing a luxury housing project in Ghaziabad. The project, ‘The Horizon Residences’, will feature 264 flats. Investment for construction is Rs 550 crore. Homes will be priced between Rs 6 crore and Rs 8.5…

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Crompton Secures First Major Solar Rooftop Order of INR 52 Crs, Signalling Strategic Entry into a Large INR 20,000 Crore+ Market

Crompton Greaves Consumer Electricals Ltd. has secured a significant INR 52 Crs solar rooftop order in Telangana. This milestone highlights Crompton’s commitment to sustainable energy solutions. The company is poised to capitalize on India’s booming solar rooftops market. This strategic…

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Softbank-owned chipmaker Graphcore will invest $1.3 billion in India over 10 years: CEO Nigel Toon

Graphcore, a UK chip firm, will invest $1.3 billion in India over the next decade. The company is opening its first office in Bengaluru, hiring 100 AI engineers initially. This move taps into India’s talent pool for chip design. Graphcore’s…

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  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

  • ITR filing 2026 for pensioners: Health insurance, bank interest — These key deductions can reduce your tax outgo

    Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.

  • Canada was too expensive! A couple quit 9-to-5, sold their home to move to Japan: The FIRE strategy behind it

    Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.

  • Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments

    Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.

  • Fixed Deposit for senior citizens: Banks offer up to 8.25% interest — SBI, HDFC Bank, Utkarsh Small Finance, IDFC First

    Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…

  • PM Kisan 23rd installment today: When, where and how to check ₹2,000 tranche payment status — Direct link here

    Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get ₹2,000 tranche payment. Let's find out when, where and how to check payment status.

  • ITR: Attention taxpayers! Check key changes in ITR-4 (Sugam) form before filing income-tax returns for FY26 / AY27

    Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know…

  • Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal — Check new EPF rules here

    Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UPI.

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