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Mphasis moves US court against Coforge over executive hiring, data misuse claims

May 7, 2026

New Delhi, May 7 (IANS) IT services provider Mphasis has approached a US court alleging that rival Coforge violated contractual obligations by hiring its former senior executives and gaining access to sensitive client-related information, according to multiple reports.According to reports, legal documents filed in March show that Mphasis has sought…

Operation Sindoor deepens Pakistan’s economic stress: Report

May 7, 2026

New Delhi, May 7 (IANS) Operation Sindoor deepened Pakistan’s economic stress in 2026, with investor sentiment, tourism, the aviation sector and exports emerging as major casualties of the military initiative, a report has said.The report…

Business

Strong endorsement of Andhra Pradesh’s speed of doing business: Minister Lokesh

May 7, 2026

Amaravati, May 7 (IANS) Andhra Pradesh Minister for Information Technology and Electronics, Nara Lokesh, said on Thursday that iconic motorcycle manufacturer Royal Enfield's investment in a new manufacturing plant is a strong endorsement of…

Business

PM’s Employment Generation Programme generates 36.33 lakh opportunities, empower women

May 7, 2026

New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development…

Business

Gold and silver surge up to 1 pc amid geopolitical uncertainty

May 7, 2026

New Delhi, May 7 (IANS) Gold and silver prices traded higher on Thursday, with prices rising by up to 1 per cent amid a rise in crude oil prices and uncertainty surrounding the US-Iran peace deal.On the Multi Commodity Exchange (MCX), gold…

Business

Samsung withdraws home appliance, TV sales biz in China

May 7, 2026

Seoul, May 7 (IANS) Samsung Electronics has decided to withdraw its home appliance and TV sales business in China amid its struggle to shore up its presence in one of the world's most important markets, industry sources said.But its mobile,…

Business

Apple to invest Rs 100 crore in India’s renewable energy infrastructure

May 7, 2026

New Delhi, May 7 (IANS) US tech giant Apple has announced an investment of Rs 100 crore to support the development of renewable energy infrastructure in India as part of its broader sustainability and carbon neutrality goals.The company…

Business

Sensex, Nifty trade higher as hopes of US-Iran deal lift market sentiment

May 7, 2026

Mumbai, May 7 (IANS) The Indian equity markets traded higher on Thursday in morning trade amid hopes of the US-Iran peace deal.Sensex climbed as much as 0.48 per cent, or 380 points, to hit an intraday high of 78,339.24 in early trade,…

Business

Gujarat secures 3rd position in India for FDI inflows; attracts Rs 44,041cr in 9 months

May 6, 2026

Gandhinagar, May 6 (IANS) Gujarat has been ranked third in India in terms of Foreign Direct Investment (FDI) inflows between April to December 2025, according to data released by the Department for Promotion of Industry and Internal Trade…

Business

ECLGS 5.0 will boost MSME liquidity, preserve jobs amid West Asia crisis: Industry

May 6, 2026

New Delhi, May 6 (IANS) The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 will help preserve industrial continuity, jobs and strengthen liquidity access for businesses, particularly micro, small and medium enterprises (MSMEs), industry…

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