Savings Effect

“If the company has half a million employees, the day is not far when the company will have half a million AI agents,” he said.

N Chandrasekaran, chairman of TCS, believes that over the next three years the company will have as many artificial intelligence agents as human employees. Addressing the company's 31st AGM, he also said TCS would not hire at the same pace as in previous years.

Driven by a weakening rupee, wealthy Indian families are frontloading their global asset investments early in the financial year to prioritise currency diversification. Wealth managers note that families are actively accelerating these overseas deployments using the LRS and GIFT IFSC structures.

Rajiv Bajaj, managing director of Bajaj Auto, will step down from the board of Bajaj Finserv as he looks to reduce external commitments and focus on growing responsibilities at the automaker. According to an exchange filing, Bajaj cited additional responsibilities at Bajaj Auto in recent years as the reason for his decision.

Zepto's founders were summoned by the Enforcement Directorate in April 2026 over FEMA compliance regarding foreign investments and financial records, according to the quick commerce platform's recent IPO prospectus filing.

The blistering rally in AI-linked stocks has pushed domestic companies out of the top 10 constituents of the widely tracked MSCI EM Index for the first time in more than two decades. While historical daily constituent data is not publicly available, analysts tracking the benchmark said no Indian company featuring among the top 10 stocks in the MSCI EM Index was a first since at least 2000.

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base - Jio BlackRock to launch first ETFs in India by August - Firm aims to boost retail ETF participation with new strategies - Plans include launching products in GIFT City soon

Stocks slump as US tech rebound falters, oil dips below $90 After opening higher, Wall Street indexes were solidly in the red, led by steep declines for tech heavyweights.

US President Donald Trump said the United States would respond after Iran allegedly shot down a US Apache helicopter patrolling over the Strait of Hormuz, even as Washington pushes for a peace deal to end the Middle East conflict.

Kotak Mahindra MF buys Rs 612 crore worth Emcure shares from Bain Capital, promoter sells 2.8% stake in Ajanta Pharma

- TCS won't hire like it used to, says N Chandrasekaran - Decoding Zepto’s Rs 8,010 crore IPO - PhonePe Cred relaunch rent payments, with a catch