IPO news: 13 firms including Urban Company and Imagine Marketing get Sebi nod; combined IPO target over Rs 15,000 crore

As many as 13 companies, including Urban Company, which provides app-based beauty and home services, and Imagine Marketing, the parent of wearables brand boAt, have received Sebi approval to launch initial public offerings (IPOs), the regulator’s update on Tuesday showed.Other firms that obtained the clearance include Juniper Green Energy, Jain Resource Recycling, Mouri Tech, Ravi…

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TCS salary hikes: IT giant rolls out 4.5-7% raise to majority of employees; lowest in last four years

The current salary hikes are reportedly amongst the lowest in recent years. (AI image) TCS announces salary hikes! India’s biggest IT services provider, Tata Consultancy Services (TCS), has announced yearly salary hikes after a five-month postponement, offering most staff members raises between 4.5-7%. These increments correspond to the previous fiscal year ending March 2025. The…

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Nestlé shake-up: Who is Laurent Freixe? CEO dismissed over ‘undisclosed romantic relationship with subordinate’

File photo: Laurent Freixe Swiss food giant Nestlé has dismissed its chief executive Laurent Freixe with immediate effect after an internal investigation found he had an “undisclosed romantic relationship with a direct subordinate,” in violation of the company’s code of business conduct. The move was confirmed by the group on Monday, with chairman Paul Bulcke…

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‘One-sided’ trade myth: Why Donald Trump is wrong – How US profits big from India

Donald Trump described the trade dynamics as unbalanced, highlighted India’s allegedly high tariff rates. (AI image) US President Donald Trump believes that America’s trade relationship with India is a ‘one-sided disaster’. The reality actually presents a completely different picture! The US actually enjoys a $35–40 billion surplus once all earnings are counted, according to an…

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Semiconductor push: India hosts 20% of world’s chip design engineers; consumption set to cross $120 billion by 2030

India accounts for around 20 per cent of the world’s chip design engineers, placing it as a key player in the global semiconductor design ecosystem, according to a report by Bastion Research.According to news agency ANI, the report underlined India’s strong position in the global semiconductor chain, noting, “India is already an important piece in…

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Market watch: Asian stocks rebound as tech fuels gains; oil climbs as Ukraine targets Russian refineries

Representative image (Picture credit: AP) Asian stocks opened with modest gains on Tuesday, supported by a rebound in technology and artificial intelligence shares, while oil prices advanced amid growing concerns over supply disruptions linked to the Russia-Ukraine conflict.In equity markets, shares in Japan and South Korea recovered after Monday’s losses, though Australian stocks slipped. US…

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