TCS Freezes Salary Hikes Amid 12,000 Layoffs; CEO Compensation Sparks Debate

Mumbai, July 29, 2025 — Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a freeze on annual salary hikes and lateral hiring across its global operations, following its decision to lay off approximately 12,000 employees—roughly 2% of its workforce. The move is part of a broader cost-optimization strategy aimed at navigating macroeconomic…

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Adani Green Energy Q1 FY26: Profit Rises 31% as Renewable Capacity Surges to 15.8 GW

Ahmedabad, July 28, 2025 — Adani Green Energy Ltd (AGEL), India’s leading renewable energy company, announced a strong financial performance for the first quarter of fiscal year 2026, marked by significant growth in profit, revenue, and operational capacity. The company reported a 31% year-on-year increase in consolidated net profit to Rs 824 crore in Q1 FY26, up…

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