TCS to buy AI advisory firm for $700 million

BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led advisory and business consulting capabilities to help clients reimagine sales, service, marketing, revenue, and commerce. With the acquisitions of ListEngage and now Coastal Cloud, TCS said…

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Didn’t engineer chaos to bypass pilot rest rules: IndiGo chairman

IndiGo’s chairman, Vikram Singh Mehta, apologized for recent flight disruptions, denying they were deliberate. He stated external experts will identify root causes to prevent future chaos. Mehta clarified that the airline followed new pilot rest rules and did not compromise safety. A combination of internal and external factors, not intentional actions, pushed systems beyond limits,…

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New era for India’s capital markets: Young Investors and Tier-2 Cities drive change; retail investing to be big player in $10 trillion economy dream

India’s mutual fund assets under management (AUM) are projected to exceed Rs 300 lakh crore by 2035, while direct equity holdings are expected to reach Rs 250 lakh crore, signaling a major shift in the country’s investment landscape, according to the How India Invests 2025 report by Bain & Company in partnership with Groww.Mutual fund…

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‘Direct path to citizenship’: Donald Trump launches Gold Card, cites corporate demand — what it means

US President Donald Trump (PTI photo) US President Donald Trump on Wednesday unveiled what he called the “Trump Gold Card,” announcing that people will be able to apply for Gold Card citizenship starting Wednesday afternoon. In a post on Truth Social, Trump promoted the new immigration pathway, saying, “THE UNITED STATES GOVERNMENT’S TRUMP GOLD CARD…

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IndiGo flight cancellations: India’s duty norms stricter than global standards, says IATA chief

India’s recently introduced flight duty regulations for pilots are significantly stricter than those in many other countries, but operations are expected to stabilise over time, International Air Transport Association (IATA) Chief Willie Walsh said.His remarks follow a week of major disruptions at IndiGo, India’s largest airline, which saw hundreds of flights cancelled and thousands of…

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