The legal battle revolves around TriZetto, a healthcare software platform acquired by Cognizant in 2014. The Infosys vs Cognizant fight is getting uglier by the day. But why are the two IT sector giants locked in a battle or employees in the US? In an ongoing legal dispute between the two IT companies, Infosys has…
The cryptocurrency market traded largely lower on Tuesday, with Bitcoin hovering just under $107,000 as investors stayed cautious ahead of the July 9 US tariff decision.As of 11:50 am IST, Bitcoin was down 1.2% at $106,984 after touching an intraday high of $108,317. Ethereum declined 1.7% to $2,460. The global crypto market capitalisation fell 1.12%…
US Federal Reserve Chair Jerome Powell on Tuesday stressed the importance of political neutrality for the central bank, amid renewed pressure from President Donald Trump, who has criticised the Fed for not cutting interest rates more aggressively this year.Speaking at a central banking conference in Sintra, Portugal, hosted by the European Central Bank, Powell said:…
HDB Financial Services, the non-banking finance arm of HDFC Bank, will make its stock market debut on Wednesday with grey market activity indicating a strong listing. According to ET, the grey market premium (GMP) stood at Rs 67 as of Tuesday, suggesting a listing price of Rs 807, about 9% higher than the IPO’s upper…
US stocks drifted lower Tuesday as Wall Street’s recent momentum slowed and shares of Tesla tumbled sharply amid an escalating rift between Elon Musk and President Donald Trump.The S&P 500 slipped 0.3% and appeared on track to break a three-day winning streak that had carried it to record highs. The Dow Jones Industrial Average dipped…
NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to data released by the finance ministry on Tuesday.The June figure, however, represents a dip compared to previous months in FY26, when GST mop-up hit a…
This is an AI-generated image, used for representational purposes only. India’s residential real estate market is likely to maintain a steady growth trajectory over the current and next fiscal years, with sales volume expected to rise by 5-7 per cent and average prices appreciating by 4-6 per cent, Crisil Ratings said in its latest sectoral…
Corridor map (Credit- MoRTH) NEW DELHI: The Union Cabinet has approved the construction of a 4-lane highway along the 46.7-km Paramakudi–Ramanathapuram section of National Highway-87 (NH-87) in Tamil Nadu, with a total capital outlay of Rs 1,853.16 crore, the Ministry of Road Transport and Highways said in a press release on Monday.The project will be…
One key reason to file your ITR, even if you have no taxable income, is the ability to carry forward capital losses for future tax benefits. (AI image) By Surabhi MarwahITR filing FY 2024-25 (AY 2025-26: As the timeline for filing Income-tax Returns (ITR) approaches (September 15th for this FY, after extension), individuals, particularly those…
The new RailOne app will host all passenger services in one app. Indian Railways launches new ‘RailOne’ app: With an aim to bring more convenience to passengers, Indian Railways has launched a new ‘superapp’ called RailOne as a one stop app for all railway related queries and needs.The new RailOne app will host all passenger…