Business and Finance

TCS Announces Largest-Ever Layoff: Plans to Axe Over 12,000 Jobs Amid AI and Market Pressures

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TCS Announces Largest-Ever Layoff

Tata Consultancy Services (TCS), India’s flagship IT services firm and the Tata Group’s most profitable arm, has announced a major workforce reduction, marking the largest layoff in its 50-year history. The company will let go approximately 12,000 to 12,261 employees, representing around 2% of its global workforce of over 600,000 staff, over the course of … Read more

Stock Market Crash Today: What’s Behind the Sharp Fall in Indian Markets

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Stock Market Crash:

On Friday, July 25, 2025, the Indian equity markets witnessed a significant downturn, with the benchmark indices, Sensex and Nifty50, experiencing sharp declines. The sell-off was primarily driven by concerns over asset quality in the financial sector, particularly led by Bajaj Finance, alongside global uncertainties and persistent selling by foreign institutional investors (FIIs). This article … Read more