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Mphasis moves US court against Coforge over executive hiring, data misuse claims

IANS | May 7, 2026 11:54 AM

New Delhi, May 7 (IANS) IT services provider Mphasis has approached a US court alleging that rival Coforge violated contractual obligations by hiring its former senior executives and gaining access to sensitive client-related information, according to multiple reports.

PM’s Employment Generation Programme generates 36.33 lakh opportunities, empower women

IANS | May 7, 2026 11:41 AM

New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.

Gold and silver surge up to 1 pc amid geopolitical uncertainty

IANS | May 7, 2026 11:10 AM

New Delhi, May 7 (IANS) Gold and silver prices traded higher on Thursday, with prices rising by up to 1 per cent amid a rise in crude oil prices and uncertainty surrounding the US-Iran peace deal.

Zoho’s Sridhar Vembu seeks President rule, fresh elections in Tamil Nadu

IANS | May 7, 2026 10:33 AM

New Delhi, May 7 (IANS) Zoho co-founder and Chief Scientist Sridhar Vembu on Thursday called for the imposition of President’s Rule and fresh elections in Tamil Nadu, saying the current political situation in the state appears unstable.

Apple to invest Rs 100 crore in India’s renewable energy infrastructure

IANS | May 7, 2026 10:05 AM

New Delhi, May 7 (IANS) US tech giant Apple has announced an investment of Rs 100 crore to support the development of renewable energy infrastructure in India as part of its broader sustainability and carbon neutrality goals.

Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment

IANS | May 7, 2026 9:39 AM

Mumbai, May 7 (IANS) The Indian equity markets traded higher on Thursday in morning trade amid hopes of the US-Iran peace deal.

Incubators are key pillar of successful startup ecosystem: NITI Aayog

IANS | May 7, 2026 9:20 AM

New Delhi, May 7 (IANS) Incubators are one of the key pillars of a successful startup ecosystem, playing a vital role in nurturing and scaling innovative ideas, said Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Aayog.

SK Telecom Q1 net profit down 12.5 pc amid fallout from data breach

IANS | May 7, 2026 9:14 AM

Seoul, May 7 (IANS) SK Telecom, South Korea's leading mobile carrier, said on Thursday its net profit fell 12.5 per cent from a year earlier as the company continued to deal with the aftermath of a massive data breach last year.

Polycab India's expenses jump over 29 pc in Q4, margins contract

IANS | May 6, 2026 7:38 PM

Mumbai, May 6 (IANS) Polycab India Limited on Wednesday saw margin pressure in the March quarter (Q4 FY26) amid higher expenses and an unfavourable business mix.

Middle East war to be 'biggest test' of India’s macro resilience: Report

IANS | May 6, 2026 6:45 PM

New Delhi, May 6 (IANS) Energy price spikes and supply constraints from the Middle East war are feeding into broader economic stress for India and marks the largest energy shock on record for India, a report said on Wednesday.

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