Achin Gupta (Photo- Cipla.com) Cipla, India’s third largest drugmaker by sales, will see a change of guard from April 1, 2026 with its MD and global CEO Umang Vohra stepping down. The company announced that the chief operating officer, Achin Gupta will succeed Vohra “as part of the company’s structured succession planning’’. Analysts told TOI…
MUMBAI: Markets regulator Sebi on Thursday said that exchanges that have derivative products on non-benchmark indices will have to readjust the weights of their constituents in such a way that no one stock dominates the index. As of now there are derivative products on BankNifty, Bankex and FinNifty.In addition to the existing rules for constructing…
BENGALURU: TCS’s $6.5 billion capex blueprint for the AI data centre move goes beyond risk capital—it signals a push to build capabilities and perhaps prevent tech colonisation. Indian firms are increasingly turning to private capital to expand capacity and meet surging digital demand.In a recent interview with TOI, TCS CEO K Krithivasan said it aims…
MUMBAI: Markets regulator Sebi on Thursday allowed investment advisers (IAs) and research advisers (RAs) to share their past performance till the time the Past Risk and Return Verification Agency (PaRRVA) is set up. These advisers will be allowed to share past performance data provided by a chartered accountant or a chartered management accountant only on…
NEW DELHI: The statistics ministry is proposing that the housing index compilation methodology be revised significantly as part of the base revision exercise of the consumer price index (CPI).As a part of CPI, housing constitutes a major component with an expenditure share of nearly 21.7% in urban areas and 10.1% at the all-India level in…
BENGALURU: Tech firms and AI platforms are stepping up hiring, with AI-first roles now dominating new job openings. As companies accelerate their adoption of AI, demand for professionals skilled in data architecture, machine learning, and generative AI is soaring. India’s strong technical talent, adaptability, and scale make it impossible for global firms to overlook in…
MUMBAI: The Rs 6,632-crore initial public offering for Billionbrains Garage Ventures that runs the digital financial services company Groww, is set to open on November 4 and close on November 7. At the upper end of the Rs 95-100 price band for the IPO, the company is valued at nearly Rs 62,000 crore. The shares…
PATNA: Government has indicated that it is close to finalising a bilateral trade deal with the US and also hinted that the much-delayed Export Promotion Mission is expected to be announced in the next fortnight or so. During a meeting with Export Promotion Councils in Delhi late on Wednesday, commerce and industry minister Piyush Goyal…
During the assessment, the AO estimated Kumar’s business income under Section 44AD — something completely outside the scope of the original notice. (AI image) Making cash deposits of large amounts in your bank account? Be aware of a case where a cash deposit attracted the attention of the Income Tax Department, and the assessing officer…
CP Gurnani (left) with Arun Bansal New Delhi: Adani Airport Holdings Ltd (AAHL) has tied up with AIONOS, an InterGlobe Enterprises (IGE) company, to implement a multi-lingual omni-channel agentic AI solution that “would enhance” the conventional help desk experience for passengers. A subsidiary of Adani Enterprises, AAHL operates airports at seven places — Mumbai, Ahmedabad,…
