Workforce rationalisation on the anvil as traditional skillsets being re-evaluated: Nasscom

IANS | July 28, 2025 9:20 PM

New Delhi, July 28 (IANS) As tech companies like TCS starts to lay off thousands of employees in India amid AI threats, the IT industry’s apex body Nasscom on Monday said that over the next several months, it anticipates some transitions as organisations pivot toward product-aligned delivery models, driven by rising client expectations around agility, innovation, and speed.

IndusInd Bank’s Q1 net profit crashes 68 pc

IANS | July 28, 2025 7:33 PM

Mumbai, July 28 (IANS) IndusInd Bank on Monday reported a sharp 68 per cent year-on-year (YoY) fall in net profit for the first quarter of the financial year 2025-26 (Q1 FY26).

India sees 21 pc rise in deal volumes in first half of 2025: Report

IANS | July 28, 2025 6:21 PM

New Delhi, July 28 (IANS) India’s deal landscape witnessed a strong start this year with both mergers and acquisitions and private equity activity gaining momentum in the first half (H1 CY25), outperforming the same period in 2024, a report said on Monday.

India’s industrial production clocks 1.5 per cent growth in June

IANS | July 28, 2025 4:45 PM

New Delhi, July 28 (IANS) India’s industrial growth, based on the Index of Industrial Production (IIP), recorded a 1.5 per cent growth in June this year, driven by a stronger performance in the manufacturing sector, according to data released by the Ministry of Statistics on Monday.