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BusinessNifty IT index rose more than 3% in morning trading, driven by TCS which surged nearly 6%. TCS reported Q2 revenue of ₹73,188 crore, an 11.20% increase year-on-year. Its consolidated net profit also rose 15% YoY to ₹13,884 crore. Other IT stocks like Infosys, Wipro, Mphasis, HCL, Oracle, Tech Mahindra, and Coforge also showed gains.
Mint Markets·
PoliticsA Delhi court has granted Brij Bhushan additional time to respond to a plea challenging his acquittal. When asked if the Delhi Police would file an appeal, the public prosecutor stated that no decision has been made yet and requested 15 days to inform the court about the decision.
The Hindu··Delhi
TechnologyUS President Donald Trump honored six technology leaders for their contributions to American innovation, despite suspending several tech companies from a green card program. Five of the honorees, including Satya Nadella, Elon Musk, and Lisa Su, were born outside the US. These leaders have helped make the US a global tech powerhouse, leveraging international talent. Michael Dell was the only US-born executive among them.
Firstpost Business·
EntertainmentRavi Mohan's film 'Karathey Babu' has encountered multiple delays due to objections from the censor committee over scenes resembling political leaders. Originally planned for a summer release, the date was postponed without confirmation. The filmmakers have submitted the film to the revising committee, and fans await updates on its theatrical release.
TOI Entertainment·
TechnologyElon Musk's satellite internet company Starlink is awaiting final regulatory approvals to start commercial operations in India. Despite obtaining an initial license, Starlink still needs security clearances and spectrum approvals. Musk has criticized Indian business interests, suggesting they protect monopolies, but the government denies discrimination, stating the same rules apply to all satellite providers. India maintains strict regulatory standards regardless of a company's global stature or ownership.
Deccan Herald·
WorldDue to the proposed protest by the Cockroach Janata Party (CJP) on October 10 in Delhi, several trains from other states to New Delhi have been canceled. Trains affected include Tejas Rajdhani, Sampoorna Kranti, Magadh Express, Amrit Bharat Express, and on October 9, Shivganga Express and Superfast Express from Banaras will also not run.
Aaj Tak··Delhi
Mint Markets·
Nifty IT index rose more than 3% in morning trading, driven by TCS which surged nearly 6%. TCS reported Q2 revenue of ₹73,188 crore, an 11.20% increase year-on-year. Its consolidated net profit also rose 15% YoY to ₹13,884 crore. Other IT stocks like Infosys, Wipro, Mphasis, HCL, Oracle, Tech Mahindra, and Coforge also showed gains.
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