Tata Consultancy Services (TCS) has partnered with Bank of Bhutan to upgrade its digital banking system. The TCS BaNCS Global Banking Platform will improve operations, boost customer experience, and expand digital capabilities. This upgrade will support Bhutan's push for digital progress and new financial products, while also helping TCS grow its global presence in digital banking.
Coimbatore-based Pricol is set to acquire Sundaram Auto Components' (SACL) injection moulding business for ₹215 crore. This all-cash deal, made through Pricol's subsidiary, Pricol Precision Products, is expected to boost Pricol's revenue by ₹730 crore. SACL, a subsidiary of TVS Motor, operates six manufacturing facilities and reported ₹727 crore in revenue for FY24. Additionally, Pricol plans to acquire a 26% stake in PQSI Digital Private Ltd for ₹10 crore.
Sterling and Wilson Renewable Energy Limited (SWREL) has won a ₹504 crore solar project in Rajasthan from a private Independent Power Producer (IPP). The project includes building a 305 MW AC solar plant. SWREL’s portfolio now exceeds 20.7 GWp of solar projects across 28 countries.
A man from Hyderabad lost Rs 8.14 crore to fraudsters who posed as stock traders. The scammers used fake trading apps and promised high returns. Two suspects, Rahul Dangi and Rahul Bhoi, were arrested in connection with the crime. Investigations revealed that the accused were involved in several other fraud cases across India.
Pappu Yadav, an independent MP from Bihar, received a bulletproof Land Cruiser to boost his security after receiving death threats from the Lawrence Bishnoi gang. The car, which is equipped with advanced protection, was given to him by a close friend. Yadav says the car is so secure that it can even survive a rocket launcher attack. The threats, including plans to bomb his house, have led to stronger security measures around him.
TARC Limited has sold half of its luxury residential project, TARC ISHVA, worth ₹1,350 crore, just two months after launching in September 2024. The project is located on Golf Course Extension Road in Gurugram and offers premium homes with views of the Aravali Hills. TARC credits the strong sales to its focus on customer needs and expects the rest of the units to sell quickly.
Zerodha CEO Nithin Kamath highlights India’s diversity as both a strength and challenge, contrasting it with Europe's uniformity. In a post on X, Kamath expressed amazement at how India, with its vast differences in language, culture, and food, has come together. He warned against oversimplifying India’s market potential and shared insights on addressing environmental issues through linking property values to air and water quality.
LTIMindtree and Microsoft have teamed up to speed up AI-driven digital change for businesses around the world. This partnership will combine LTIMindtree’s industry knowledge with Microsoft’s AI tools to deliver real business results, including AI solutions for Microsoft 365, security, and data migration.
TCS has extended its contract for SPARSH, the pension system for India's defence personnel, for another three years. Since its launch in 2020, SPARSH has streamlined pension processing, cutting down timelines and saving the government ₹250 crore every year. The system now supports over 30 lakh pensioners and has successfully implemented the OROP scheme. TCS is also working on new ideas to improve public service even more.
Royal Challengers Bengaluru (RCB) made big moves during the IPL 2025 auction, picking up top international players like Josh Hazlewood, Phil Salt, and Liam Livingstone. They also kept key players like Virat Kohli and Rajat Patidar. With ₹30.65 crore left, RCB is ready to add more players on Day 2 of the auction, which has 577 players up for grabs.