Canadian Tire announced on Tuesday that it is reducing corporate staff positions as part of a broader transformation and modernisation effort aimed at staying competitive in the evolving retail landscape. “Earlier this year, we announced that we would be transforming our company to better compete in a new era of retail, defined by global competitive…
The US plans to impose higher tariffs on several major trading partners starting Friday unless new agreements are reached with President Donald Trump- raising concerns over rising consumer prices and economic strain. Financial experts warn the proposed tariffs, which must be paid by importers of foreign goods, will likely increase operating costs and reduce household…
JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and order wins remained strong. They said they were not unduly concerned about BEL’s revenue growth. The PSU major’s order wins were well ahead of the…
Tata Consultancy Services (TCS) has lost over Rs 28,000 crore in market capitalisation across two days, following its announcement to lay off about 12,000 employees globally over the course of this year.The IT major’s shares continued to slide for a second straight session on Tuesday, slipping 0.73% to close at Rs 3,056.55 on the BSE….
NEW DELHI: In a relief for exporters, the UK trade deal provides for restricting poultry imports from only certain parts of India, as opposed to all exports from the country, with a new audit system for shrimps expected to speed up shipments as individual units will not be subject to repeated audits once the national…
NEW DELHI: President Donald Trump on Tuesday said India may be hit with a tariff of 20-25% – a little lower than the 26% reciprocal tariff announced in April – but cautioned that the final levy had still not been finalised as the two countries negotiate a trade deal ahead of an Aug 1 deadline.“I…
L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950…
India-US trade deal: Trump’s remarks come two days ahead of the August 1, 2025 reciprocal tariff deadline. India-US trade deal: Ahead of his self-imposed tariff deadline, US President Donald Trump has said that a trade agreement with India has not yet been finalized. “India trade deal not been finalized,” said Trump. Asked whether India would…
NEW DELHI: Air India has begun conducting “online yoga” classes for its crew members, including pilots who have been under severe psychological stress post the June 12 Ahmedabad crash. The Directorate General of Civil Aviation (DGCA) had soon after that accident directed major Indian carriers to hold post trauma mental health workshop for their flight…
TCS layoffs: The company’s new bench policy has left many employees concerned about their job security. (AI image) TCS layoffs: Tata Consultancy Services (TCS) announced 12,000 layoffs recently, but there are fears amongst the company employees that the sackings may exceed that number. According to an ET Prime report, TCS employees are fearful that the…
