Business

Top stock picks for the week (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 13, 2025) are Tata Consultancy Services (TCS) and Coal India Limited. Let’s take a look: Stock Name Rating CMP (Rs) Target (Rs) Upside (%) TCS Buy 4265 5000 17% Coal India Buy 379 …

Private parking firms have pledged to update their to rules to ensure motorists are not penalised if they do not pay to park within five minutes. It comes after motorist Rosey Hudson was taken to court last year after accumulating £1,906 in fines for taking more than five minutes to pay for parking in Derby. Ms Hudson was given 10 …

NEW DELHI: Air India will nearly double the premium cabins on its legacy wide body aircraft that are being sent for retrofitting, starting this year, and is also developing an all-new first class for the Maharaja’s flagship Airbus A350 that will be rolled out in the next 2-3 years. Given the post Covid trend of premiumisation, the airline has seen …

New Delhi: Finance ministry has called a meeting of heads of public sector banks on Wednesday to review progress of various financial inclusion schemes, including Jan Suraksha and Mudra Yojana. The meeting, which would see participation from representatives of private sector banks, is scheduled to be chaired by financial services secretary M Nagaraju. The meeting would also review the progress …

Xiqing Wang/BBC The BBC spoke with factory workers in Guangzhou’s Panyu neighbourhood, the so-called “Shein village” The hum of sewing machines is a constant in parts of Guangzhou, a thriving port on the Pearl River in southern China. It rattles through the open windows of factories from morning until late at night, as they finish the t-shirts, shorts, blouses, pants …

The government is to set out plans to use artificial intelligence (AI) across the UK to boost growth and deliver public services more efficiently. The AI Opportunities Action Plan being announced on Monday will be backed by leading tech firms, which are said to have committed £14bn towards various projects, creating 13,250 jobs. It includes plans for growth zones where …

New Delhi: To enhance the quality and the level of interactions between auditors and companies’ audit committees, NFRA chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits. “The papers will also help the stakeholders in asking the right questions …

BENGALURU: TCS’s sequential lacklustre performance can be attributed to deferral of discretionary spends by clients and seasonal effect, CEO K Krithivasan said. He, however, remains optimistic about the prospects for 2025, surpassing the previous year’s performance. He spoke to TOI about H-1B visa matters and the company’s business outlook. Excerpts.TCS is one of the largest beneficiaries of H-1B visas. With …

Foreign investors have scaled back their investments in Indian equities significantly amid global and domestic headwinds. NEW DELHI: Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump’s presidency.This came following an investment of Rs …

MUMBAI: As scores of people gear up to visit the Maha Kumbh mela at Prayagraj, brands are going all out on advertising and marketing to gain a share of consumers’ mind space. At a time when consumption is sluggish and the Indian middle class is counting every penny they are spending, getting 40 crore people – that’s the estimated number …