Micron Technology said on Thursday it plans to invest up to $3 billion to strengthen the U.S. semiconductor supplychain, as the memory chip firm moves to secure critical manufacturing materials amid surging AIdriven demand. By Reuters July 9, 2026, 6:30:46 PM IST (Published) 1 Min Read Micron Technology said on Thursday it plans to invest up…
Tata Consultancy Services (TCS) closed the June 2026 quarter with an annualised AI revenue run rate of $2.6 billion, up 13.6% sequentially from roughly $2.3 billion three months earlier. By comparison, total company revenue grew 2.2% quarter-on-quarter, highlighting the growing role AI is playing in TCS’s expansion. The increase implies that TCS added approximately $300…
Pharma company Torrent Pharmaceuticals Ltdon Thursday (July 9) said it has initiated a voluntary recall of select batches of Semalix injection disposable pens as a precautionary measure, following a product recall notification from manufacturer Dr Reddy’s Laboratories for technical evaluation. The recall applies only to select batches of Semalix Injection 2 mg and 4 mg…
US stock futures traded mixed on Thursday, July 9, as investors looked past renewed geopolitical tensions in West Asia and shifted their focus to AI-related stocks ahead of South Korean chipmaker SK Hynix’s highly anticipated US market debut. Futures tied to the Nasdaq-100 rose 0.8%, supported by gains in semiconductor stocks, while S&P 500 futures…
A simplified know your customer (KYC) process could become the biggest growth driver for India’s mutual fund industry, according to SBI Funds Management, which believes removing onboarding friction could significantly expand the investor base. The country’s largest asset manager says the proposed ‘One Nation, One KYC’ framework could make it much easier for bank customers…
Consumer electrical goods maker Havells India Ltd on Thursday (July 9) said it has entered the battery energy storage systems (BESS) segment through a strategic collaboration with Norway-based energy storage technology company Pixii AS. The company said the partnership will focus on developing and introducing advanced battery energy storage systems for the Indian market. The…
Tata Consultancy Services (TCS) added 9,279 employees during the June quarter, taking its total workforce to 593,798, even as the company continues to caution that artificial intelligence will fundamentally reshape hiring across the IT services industry. The country’s largest IT services exporter reported a last twelve-month (LTM) attrition rate of 13.6% in its IT services…
IT services major Tata Consultancy Services (TCS) on Thursday (July 9) declared an interim dividend of ₹12 per equity share of face value ₹1 for shareholders. The company has fixed Wednesday, July 15, 2026, as the record date to determine the eligibility of shareholders for the interim dividend. The dividend will be paid on Friday,…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
TCS Q1 FY27 results out: Profit at Rs 13,349 cr, revenue at Rs 72,275 cr – Quarterly earnings details Revenue at Rs 72,275 crore, up 2.2% QoQ, up 13.9% YoY • Operating Margin at 24.0% • Net Income at Rs 13,849 crore, up 8.5% YoY | Net Margin at 19.2% • Net Cash from Operations…
