Business

India Business News: Tata Consultancy Services plans a workforce reduction of 2 percent, impacting approximately 12,000 jobs. This decision follows weak discretionary spen Source

The company booked 407 units in Q1 FY26, lower than 597 units in Q4 FY25. The previous quarter’s higher volume was driven by the sale of 295 units in Nitara Phase 2 and 3 (3.97 lakh square feet, ₹174.35 crore) and 59 units in Amarah Phase 5 (1.05 lakh square feet, ₹158.96 crore). Shares of…

Air India flight AI117 crash in Ahmedabad highlights aircraft conditions. Tata Group plans overhaul with McKinsey. Source

India Business News: India’s trade deal with the UK is poised to significantly boost exports, presenting a “golden opportunity” for the private sector. The Comprehensive E Source

In a regulatory filing on July 14, RVNL said that it received LOA from Delhi Metro Rail Corporation Limited. The project cost is Rs. 447,42,48,757.33. Source

India Business News: Indian corporate sector’s revenue growth slowed to 4-6% in the first quarter, down from 7% in previous quarters, Crisil Intelligence reported. Key sec Source

Order win from Indian Railways: MIC Electronics, a battery manufacturing company, has recently secured an order from Indian Railways. MIC Electronics is a smallcap company, having a market capitalisation of Rs 1,321.71 crore, as per NSE. Source

HSBC Global Private Banking advises high net worth clients to build resilient portfolios amid market volatility, highlighting opportunities in AI, Asia, and quality stocks. Source

India Business News: India’s new free trade agreement with the UK could lead to a revenue loss of Rs 4,060 crore in the first year, as tariffs are lowered or eliminated on Source