BANGALURU: Cognizant reported revenue of $5.4 billion for the Sept quarter, marking a 7.4% year-on-year rise and a 3.2% sequential increase in dollar terms. In constant currency, revenue grew 6.5%, including a 2.5% contribution from inorganic growth. Sequential growth stood at 2.8%. Cognizant’s strong quarterly performance lifted its shares 6.6% in early Nasdaq trading following…
Toshihiro Suzuki, Representative Director & President, Suzuki Motor TOKYO: Looking to reclaim 50% share of the Indian market, Japanese carmaker Suzuki Motor Corporation – parent of Maruti Suzuki – said on Wednesday it will launch 10 new cars in the country by 2030-31, which will include eight SUVs. Suzuki will also be ramping up its…
TOKYO: Japanese carmaker Honda Motor will make India a global manufacturing hub for its upcoming electric, Honda 0 α (alpha), whose prototype was unveiled at the Japan Mobility Show.The car has been developed for the Indian and Japanese markets, apart from other Asian countries. Its India debut will be in fiscal 2026-27. Honda Motor Co…
NEW DELHI: Commerce and industry minister Piyush Goyal said on Wednesday that reducing India’s dependence on foreign technologies, weapons, and energy sources is vital for the country’s long-term growth and sovereignty.He said the “spirit of Swadeshi” is no longer limited to making or designing in India but extends to achieving true self-reliance in critical areas….
The government is planning to sell a stake worth $1–1.5 billion (Rs 8,800–13,200 crore) in Life Insurance Corporation of India (LIC) by the end of this year, people aware of the discussions told ET. The move is aimed at increasing the insurer’s public shareholding to 10% — the level required under Securities and Exchange Board…
Paramount Skydance Corporation, the company behind the blockbuster Top Gun: Maverick, has announced plans to cut approximately 2,000 jobs as part of a sweeping restructuring. According to an internal memo sent by CEO David Ellison, the move is intended to streamline the organisation and ensure it remains a strong, future focused company. The first phase…
In a move aimed at improving transparency and ease of fund transfers after a depositor’s death, the Reserve Bank of India (RBI) has notified the Banking Companies (Nomination) Rules, 2025 and Banking Laws (Amendment) Act, 2025. The new rules, effective November 1, 2025, make it mandatory for banks to clearly inform customers about the nomination…
According to the Commission, the airline failed to provide adequate and accurate information about the availability of free seats. (AI image) Are airlines misleading you on availability of free seats? When booking an air ticket, be careful when you pay an extra amount for premium seats – free seats of your choice may be available….
Fintech major Fiserv Inc saw its shares crash 44% on Wednesday, heading for their worst day ever after the company cut its full-year earnings guidance and announced a sweeping leadership overhaul, CNBC reported.“Our current performance is not where we want it to be nor where our stakeholders expect it to be,” Fiserv CEO Mike Lyons…
Apple became the third company in history to reach a $4 trillion market capitalisation, driven by soaring iPhone sales and renewed investor confidence — not by artificial intelligence. Shares of the Cupertino-based company have rallied more than 56% since April, adding about $1.4 trillion in value. Analysts say the comeback reflects not just a strong…
