SAN FRANCISCO — In the beginning, there is a word. It emerges quietly within a tight-knit community, whispered or typed among a few dozen people. Slowly, incrementally, it is repeated. It catches on, multiplying hundreds, thousands, and eventually millions of times across disparate geographies and demographics. Long before anyone remembers its origin, the term becomes […]
TCS Reports Strong Q2 FY27 Performance: Net Profit Surges 14.98% to Rs 13,884 Crore on the Back of Robust AI Momentum and Strategic Deals
MUMBAI — Tata Consultancy Services (TCS), India’s premier software services titan, has reported a resilient financial performance for the quarter ended September 2026. Demonstrating sustained business momentum despite a dynamic global economic landscape, the company registered a double-digit growth in both revenue and net profit, fueled heavily by accelerating artificial intelligence (AI) adoption and high-profile […]
Peak XV Trims Stake in Awfis as Coworking Giant Faces Market Headwinds Despite Strong Financials
NEW DELHI — In a major secondary market transaction that highlights the shifting dynamics between venture capital liquidity needs and public market performance, early backer Peak XV Partners has significantly pared down its holdings in prominent coworking space provider Awfis Space Solutions. The venture capital giant offloaded 12.2 lakh shares in a bulk deal valued […]
Canara Robeco AMC Posts Strong Q2 Performance: 21.5% Profit Growth, ₹2 Interim Dividend Announced
MUMBAI — Canara Robeco Asset Management Company Ltd, one of India’s rapidly expanding mutual fund houses, announced its financial results for the quarter ending September 30, demonstrating robust double-digit growth across key metrics. Bolstered by strong operational performance, buoyant systematic investment plan (SIP) inflows, and steady market participation, the company reported a significant year-on-year increase […]
TCS Beats Street Estimates in Q2 FY27: Net Profit Surges 15% to ₹13,884 Crore on Strong International Deals and AI Integration
Mumbai, October 8, 2026 — India’s largest IT services exporter, Tata Consultancy Services (TCS), has delivered a stellar performance for the second quarter of the financial year 2026–27 (Q2FY27), comfortably surpassing market expectations. Backed by solid execution, broad-based growth across international markets, and high-profile global transformations—including milestone contracts with automotive icon Porsche and retail giant […]
Navigating the Skies: AITMC Ventures Revives IPO Ambitions with Upgraded Prospectus and Strong Dronetech Focus
NEW DELHI — In a robust sign of confidence in India’s burgeoning unmanned aerial vehicle (UAV) sector, drone manufacturer and skilling enterprise AITMC Ventures has officially filed its updated draft red herring prospectus (UDRHP) with the Securities and Exchange Board of India (SEBI). The upcoming initial public offering (IPO) marks a significant milestone for the […]