BENGALURU: French labour authorities fined Infosys €175,000 (around Rs 2 crore) because its employee time-recording system did not comply with local labour laws.In a stock exchange filing, the IT services company said it received a communication from DRIEETS Ile-de-France, the regional French labour authority, imposing the penalty.The regulator found that Infosys’ time-tracking system did not…
NEW DELHI: Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket, gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS)…
MUMBAI: Foreign portfolio investors (FPIs) turned net buyers in Indian equities in July, breaking a four-month streak of heavy outflows, even as overall flows in 2026 remain under pressure.Net FPI equity inflows stood at nearly $1.6 billion (Rs 14,946 crore) till July 24, marking a reversal after sustained selling between March and June.Supported by continued…
The app allows anonymous communication without mandatory user registration, phone number verification or centralised logging of messages NEW DELHI: Bitchat, the internet-free messaging app at the centre of a govt crackdown, has continued to gain traction in India despite authorities ordering GitHub to remove its source code repository and civil liberty groups challenging the move…
After ending the previous week on a stronger note, gold and silver are now headed into a week packed with major domestic and geopolitical events. The US Federal Reserve’s interest rate decision, movements in crude oil prices and the evolving US-Iran conflict will be the key drivers for bullion in the days ahead, according to…
Union finance minister Nirmala Sitharaman on Sunday urged income tax officials to make it easier for people to access government services, saying citizens should not have to “run from pillar to post” to get work done that is within the department’s authority.Speaking after inaugurating Aaykar Sindhu, a 13-floor, 1.13 lakh sq ft income tax office…
File photo: Jind-Sonipat Hydrogen Train India’s first hydrogen-powered train has travelled more than 1,200 kilometres since it was flagged off on July 17, with Railways saying the project has already saved over 3,200 litres of diesel during trial operations between Jind and Sonipat in Haryana.According to a railway ministry press release, the successful trial runs…
India’s IPO market is heading for another packed month, with a fresh crop of companies across sectors waiting in a queue. More than a dozen firms are expected to launch their maiden public offerings in the coming weeks, with the proposed issues together targeting fundraising of over Rs 25,000 crore through a combination of fresh…
A rough week on Dalal Street wiped out Rs 2.74 lakh crore from the combined market value of nine of India’s 10 most-valued companies, as weak investor sentiment weighed on equities. HDFC Bank took the biggest hit, while Hindustan Unilever stood out as the only company in the top-10 pack to end the week with…
Markets are set for another volatile week after Dalal Street ended the previous one in red. Investors are set to track developments in the Middle East, fluctuations in crude oil prices and the outcome of the US Federal Reserve’s policy meeting, while a busy earnings season is expected to drive stock-specific movements.Apart from global developments,…
