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India’s TCS chair says AI agents may equal headcount, dampen hiring

India’s TCS chair says AI agents may equal headcount, dampen hiring BENGALURU, June 9 : India's largest software services exporter Tata Consultancy Services expects IT companies to slow down hiring, as the company moves towards having an equal number of employees and AI agents in its workforce, Chairman N Chandrasekaran said at the company's annual general meeting on Tuesday. India's $315-billion IT sector has been grappling with investor concerns that AI could disrupt its traditional,...

Channel News Asia 1d ago

Global leaders hail Modi as he surpasses Nehru's record as longest-serving elected PM

Prime Minister Narendra Modi on Wednesday surpassed the record of country's first Prime Minister, Jawaharlal Nehru, to become the country's longest-serving elected PM in uninterrupted tenure. As PM Modi completed 4,399 consecutive days in office, leaders from India and around the world congratulated him on the milestone and praised his leadership and public service. US ambassador to India Sergio Gor said the achievement reflected PM Modi's years of service to the nation.

Times of India 13h ago

Hormuz shut, shipping services through other routes to West Asia up 2x

Shipping services from India to alternative West Asian ports have more than doubled since conflict broke out in the region, severely impacting the movement of vessels through the Strait of Hormuz. The number of shipping services operating east of Hormuz and through the Red Sea rose from 127 in Feb to 257 in April and 245 in May, as per govt data. The shipping ministry said due to the conflict, shipping services west of Hormuz have become negligible, but there has been a significant increase...

Times of India 7d ago

Belgian NGO urges India to arrest Israeli reservist over alleged war crimes

Belgian NGO urges India to arrest Israeli reservist over alleged war crimes The Hind Rajab Foundation is using videos made by Eitan Gilboa and posted to social media as evidence. A Belgium-based NGO has called on Indian authorities to arrest an Israeli army reservist on holiday in northern India over his alleged role in Israel’s genocidal war on Gaza. The Hind Rajab Foundation (HRF) filed a complaint Saturday with India’s Police Service, foreign affairs ministry and Bureau of Immigration of...

Al Jazeera 8d ago

A Little-Known Indian Stock’s 530% Rally Shows Hidden AI Winners

Industrial chiller at Yotta Data Services Pvt. data center, in Navi Mumbai, India

Bloomberg Markets 5d ago

SC junks MHA’s order rejecting IPS officer’s VRS plea

Supreme Court has set aside a home ministry order rejecting the voluntary retirement request of Maharashtra cadre IPS officer Abdur Rahman, who faced various charges, including torturing a person in 2014, contracting a second marriage without the consent of his first wife in 2016 and giving a speech in violation of rules in 2019. The officer had tendered a notice in Aug 2019 for VRS under Rule 16(2A) of All India Service (Death-cum-Retirement Benefits) Rules, but it was not accepted,...

Times of India 7d ago

From heatwave precautions to community service: PM Modi's top quotes from Mann Ki Baat

Prime Minister Narendra Modi on Sunday touched upon a wide range of subjects during the 134th episode of Mann Ki Baat, highlighting inspiring stories of social service, water conservation, sports achievements, summer health precautions and India's love for mangoes. The Prime Minister used the monthly radio programme to encourage citizen participation, celebrate grassroots initiatives and recognize achievements across sectors. 'Recognise those doing good work for society'Calling on people to...

Times of India 10d ago

Digital 2.0: Access to mobiles up, but not empowerment

India’s digital revolution has succeeded in putting mobile phones in nearly every household, but it has fallen short of delivering meaningful digital inclusion. A report has found that while 95.1% of households own a mobile device and 74.8% have access to a smartphone or internet-enabled phone, only 39.7% of individuals aged 15 and above use the internet, 16.1% of connected households use it for online education and just 11.4% access govt services online. ‘The Evolving Landscape of Digital...

Times of India 1d ago

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9% June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors. The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its worst day since February 4.

Channel News Asia 7d ago

From Project-75I to Project-76: What PM's Hazira visit reveals about India's submarine plans

From Project-75I to Project-76: What PM Modi's Hazira visit reveals about India's submarine plans Prime Minister Narendra Modi's visit to L&T's Hazira facility underscored India's renewed focus on indigenous submarine development. During the visit, the Prime Minister was presented with what is believed to be a scale model of the Project-76 submarine. Designed by the Naval Design Bureau, these submarines are expected to be developed and made in India.

Times of India 4d ago