New Delhi, March 24 (IANS) Amid ongoing scrutiny over its agreement with the Uttar Pradesh government, Puch AI co-founder Siddharth Bhatia on Tuesday issued a detailed clarification, stating that the Memorandum of Understanding (MoU) signed with the state does not involve any public funds and is designed to attract investment rather than use taxpayer money.In a post on social media platform X, Bhatia said the partnership is structured as a public-private initiative and will be executed in phases…
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Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…
Gandhinagar, Jan 11 (IANS) The Vibrant Gujarat Regional Conference for Kutch and Saurashtra saw major announcements from India’s top industrial leaders, reinforcing Gujarat’s position as a national investment magnet on Sunday. Reliance Industries Chairman Mukesh Ambani unveiled five significant commitments for Gujarat, reaffirming the company’s deep connection with the state. He announced that Reliance will double its investment to Rs 7 lakh crore over the next five years, compared to Rs 3…