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The US Appeals Court upheld penal charges of about USD 194 million against TCS in CSC’s trade-secrets case. It vacated the prior injunction and asked the Texas District Court to reassess the order. TCS said it will explore legal reviews and appeals while making necessary financial provisions in its accounts and financial statements as required.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, November 24, 2025. The Sensex started trading today at 85320.04, up at 88.12 points or 0.10%, and the Nifty was at 26122.80, up at 54.65 points or 0.21%. Meanwhile, the Indian rupee was trading today at 89.16 against the dollar.
New US sanctions on Rosneft and Lukoil are set to sharply reduce India’s Russian crude imports, though not stop them fully. December–January flows may fall to around 400,000 bpd. Major refiners like Reliance and HMEL have paused purchases, while only non-sanctioned Russian suppliers remain viable. Analysts expect short-term disruption, and higher uncertainty.
A Mumbai special CBI court has allowed the ED to auction Nirav Modi’s Mercedes-Benz GLE250 and re-auction a Skoda Superb, citing rapid depreciation and high maintenance costs. Declared a fugitive economic offender, Modi was not consulted. The court said delaying the sale would further reduce the vehicles’ value.
A US court imposed a default judgment holding Byju Raveendran personally liable to repay over USD 1 billion for failing to comply with discovery orders. The Delaware Bankruptcy Court cited willful evasion, contempt of prior sanctions, and refusal to provide accounting. His continued non-compliance prompted the court to impose the record-breaking penalty.
The Sensex slid 400.76 points (0.47%) to close at 85,231.92, while the Nifty 50 dropped 124 points (0.47%) to finish at 26,068.15. The rupee weakened, trading near ₹88.81 to the dollar. The Nifty retraced after hitting its 52-week high of 26,246.65 in the previous session.
Silver prices have dropped sharply today compared to yesterday. The price of a kg of silver in the Hyderabad bullion market today fell by Rs. 12,000 to Rs. 1,61,000. The price of 10 grams of 24-carat gold has decreased by Rs. 220 to Rs. 1,24,480. The rate of 10 grams of 22-carat gold has decreased […]
Adani Group has sold its remaining 7% stake in Adani Wilmar through a major block deal. The sale drew strong interest from institutional investors. Leading mutual funds, including Vanguard, Charles Schwab, ICICI Prudential, SBI, Tata, Quant, and Bandhan, are among the buyers, according to sources familiar with the transaction.
Business Icons Tata Consultancy Services and TPG will jointly invest ₹180 billion ($2.03 billion) to create HyperVault AI Data Centre, aiming to raise $4.5–5 billion in debt. TCS holds 51% and TPG 49%. The JV targets AI-driven data storage amid India’s booming data center market, with potential for global expansion.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, November 21, 2025. The Sensex started trading today at 85347.40, down at 285.28 points or 0.33%, and the Nifty was at 26109.55, down at 82.60 points or 0.32%. Meanwhile, the Indian rupee was trading today at 88.68 against the dollar.
The Sensex and Nifty 50 closed higher today amid mixed global cues. The Sensex rose 447 points to 85,632.29, while the Nifty 50 gained 139 points, or 0.26%, to settle at 26,192.15. Mid and small-cap indices outperformed, with the BSE Midcap up 0.12% and Smallcap up 0.61%. The Indian rupee closed at 88.71 against the […]
Gold and silver prices have dropped compared to yesterday. In the Hyderabad bullion market, 10 grams of 24-carat gold fell by ₹170 to ₹1,24,690, while 22-carat gold declined by ₹150 to ₹1,14,300. Silver rates saw a sharper fall, dropping by ₹3,000 to ₹1,73,000 per kilo. Prices remain nearly the same across both Telugu states.
The European Union’s General Court rejected Amazon’s request to remove its designation as a “very large” platform under EU online content rules. Amazon had challenged the legality of the Digital Services Act provision. As a result, it remains subject to stricter obligations to address illegal and harmful content.
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, November 20, 2025. The Sensex started trading today at 85348.14, up at 161.67 points or 0.19%, and the Nifty was at 26100.40, up at 47.75 points or 0.18%. Meanwhile, the Indian rupee was trading today at 88.67 against the dollar.
Elon Musk’s foundation donated a record $474 million in 2024, mostly to entities he controls. About $370 million went to his STEM-focused school foundation, and $35 million to a Fidelity Charitable donor-advised fund. With assets rising to $14.7 billion, the foundation also supported various nonprofits, including a $2.1 million gift to the Scroll Prize.