Tata Consultancy Services (TCS), India’s largest IT services company, is steadily losing its valuation premium over peers in the sector. A recent sell-off, triggered by a weaker-than-expected fourth-quarter outlook from global rival Accenture, has dragged its valuation multiples lower. According to Bloomberg data, TCS currently trades at 13.5 times one-year forward earnings, almost on par…
Two trains collide near london British police on Friday said emergency services were responding to reports of a collision involving two trains in the Bedford area, north of London. Bedfordshire Fire and Rescue crews were dispatched to the scene after the incident was reported at about 6:45 pm (local time), while authorities said further details…
PM Modi to preside over ceremony to commission 2 warships NEW DELHI: In a big boost to India’s naval fleet strength, the Indian Navy is scheduled to commission three indigenously-built frontline platforms – advanced stealth frigate Dunagiri, survey vessel (large) Sanshodhak, and anti-submarine warfare shallow water craft (ASW-SWC) Agray – in Kolkata on Sunday. The…
Ilia Topuria’s road to recovery is expected to be a long one after the injuries he suffered in his title fight against Justin Gaethje at UFC Freedom 250. The former champion was diagnosed with non-displaced fractures in both orbital bones around his eyes following the loss. The right side was more badly damaged than the…
Drug maker Aurobindo Pharma Ltd on Friday (June 19) said the United States Food and Drug Administration (US FDA) has completed a pre-approval inspection (PAI) at Eugia Steriles Private Ltd with five observations. The inspection was conducted at Eugia Steriles’ manufacturing facility located in Parawada Mandal, Anakapalli District, Andhra Pradesh, from June 10, 2026, to…
Taylor Swift and Travis Kelce have not confirmed their wedding date or venue amid new reports about a private surprise for the Kansas City Chiefs star. (Image via Getty) Taylor Swift does not do anything halfway, and her overnight session at Electric Lady Studios in New York on June 16 into the early hours of…
NEW DELHI: The Trinamool Congress (TMC) on Friday alleged that a BJP supporter carrying weapons attempted to target the party’s national general secretary, Abhishek Banerjee, at Kolkata airport, describing the incident as a possible attempt on his life.In a post on social media, the party claimed that a “BJP Bengal goon armed with weapons” had…
Japanese proverb of the day (Image generated via Google Gemini) We have all done it. Someone explains something, you do not quite follow, and you nod anyway. The moment to ask comes and goes, because asking would mean admitting you did not understand, and that feels embarrassing. So you stay quiet. The trouble is that…
Magnus Carlsen had one of the worst-ever runs of his career, suffering an astonishing fourth loss in a row on the final day of the Fide World Teams Rapid Championship on Friday. Norwegian chess Grandmaster Magnus Carlsen. (AFP) The five-time world champion and world No.1 who is part of team WR Chess, and had lost…
The remnants of tropical storm Arthur battered parts of the southeastern United States with drenching rains and strong wind on Thursday, tearing through buildings, flooding homes and launching water rescues along the Gulf Coast.Severe weather also pummeled parts of the Midwest, where a separate line of strong storms knocked down structures and left tens of…
