A Top Trump Official Had to Sell His Stock. He May Have Saved Millions.
Frank Bisignano, who holds top jobs at the Social Security Administration and the I.R.S., sold his stake in Fiserv before the company’s stock cratered this week. Source link
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TCS’ $6.5 billion AI infra play signals private capital surge
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…
Puck Acquires Air Mail, a Newsletter Merger for the Well-Heeled Inbox
Graydon Carter, the legendary Vanity Fair editor who founded Air Mail, is leaving the company. Source link
Relief for advisers on performance data
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…
Apple’s iPhones Fuel Record Sales and Profit
The company’s revenue rose to above $100 billion in the quarter for the first time, and profit soared 86 percent. Source link
Overhaul housing index compilation method: Statistics ministry
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…
In China Truce on Tariffs and Rare Earths, National Security Controls Are Bargaining Chip
Rather than advancing the U.S.-China relationship, the concessions that President Trump and President Xi Jinping of China agreed to in their meeting in South Korea on Wednesday appear to have largely rolled back the clock, returning to the terms of an earlier truce. Mr. Trump agreed to reverse some of his tariffs and paused new…
AI-first roles dominate new tech openings
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…
Groww’s IPO to open November 4 at 95-100/share price band
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…
Trump Rule Could Ban Some Public Servants From Student Loan Forgiveness
A new rule could disqualify certain employers from the Public Service Loan Forgiveness program that are deemed to be engaged in “illegal activities.” Source link