Business

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the equity benchmark indices, started Wednesday on a negative note, slipping in trade. While Nifty50 was near 25,650, BSE Sensex was down over 120 points. At 9:16 AM, Nifty50 was trading at 25,679.65, down 53 points or 0.20%. BSE Sensex was at 83,500.40,…

Bengaluru: TCS’s performance in the December quarter came in below analysts’ expectations on both revenue growth and earnings (Ebit) margins. Despite global uncertainty weighing on spending, demand for tech-led transformation remains resilient. In an interview with TOI, CEO K Krithivasan and CHRO Sudeep Kunnumal discussed the demand environment, hiring outlook, and the trajectory of its…

Nvidia has received the green signal to export advanced artificial intelligence chips to China! The US commerce department on Tuesday, signalled a policy shift, approving the tech giant to sell its H200 chips to Beijing, under certain restrictions.The development follows an announcement by US President Donald Trump last month permitting exports of the H200, provided…

Representatives of Venezuela’s state oil company PDVSA said Tuesday they had appealed the US-forced sale of its prized Houston-based subsidiary Citgo to pay off creditors.Citgo is in the crosshairs of creditors seeking the settlement of debts in excess of $20 billion that cash-strapped Caracas has been unable or unwilling to pay.In late November, a Delaware…

New Delhi: External affairs minister S Jaishankar spoke to his US counterpart Marco Rubio Tuesday, discussing the next steps regarding ongoing trade negotiations and a possible meeting next month. The chat took place a day after new US envoy Sergio Gor assumed office and backed trade negotiations, saying his mission was to take the US-India…

President Donald Trump speaks with Corey Williams, Ford River Rouge Plant Manager, during a tour of the Ford River Rogue complex, Tuesday, Jan. 13 (AP photo) US President Donald Trump a visited a Ford Motor Co. assembly line in Michigan on Tuesday in an attempt to push his manufacturing agenda, as his administration works to…

NEW DELHI/WASHINGTON: While there was no official Indian response to the White House announcement on Iran, govt sources said the 25% tariff on Iranian trade partners was likely to have minimal impact on India and that trade with Iran was likely to take a hit in any case given the global economic situation.But the new…

Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at…

Liquidnitro Games raises $19.1 million, led by Northpoint BENGALURU: Liquidnitro Games has raised $19.1 million in a Series A funding round led by Northpoint Capital, with participation from existing investor Nexus Venture Partners, as the game production and live services company looks to scale its AI-enabled development operations and expand globally.The company said the capital…

File photo (Picture credit: ANI) India’s telecom industry body COAI has asked the government to reduce regulatory levies and ease Goods and Services Tax (GST) norms in the upcoming Union Budget, arguing that high statutory payments continue to strain the sector’s finances.The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel…