Digital AI Information

Tata Consultancy Services (TCS) on July 12 announced its biggest leadership reshuffle in three years, restructuring multiple top roles and business units across key markets.

TCS announced over a dozen new leadership changes across key business units and geographies.

Walmart-backed e-commerce giant Flipkart has begun work to sell a part of its stake, worth Rs 700-750 crore, in logistics startup Shadowfax Technologies, people familiar with the developments told Moneycontrol.

The Shadowfax stake sale marks Flipkart's second dilution in the logistics startup and is the latest in a series of monetisation moves that have fetched the Walmart-owned ecommerce major over Rs 2,500 crore (around $265 million) through exits from BlackBuck, Aditya Birla group companies and other investments.

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Siemens has secured a Rs 263 crore order from RVNL for the Rishikesh-Karnaprayag rail project in Uttarakhand. Check project details and Siemens, RVNL share price.

Several Indian exporters are beginning to recover duties paid under the Trump administration's tariff regime, with more than $1 billion in refunds already reaching exporters across sectors such as textiles, gems and jewellery, and seafood after the US Customs and Border Protection (CBP) started processing reimbursements, said two people with direct knowledge of the matter including a global consultant who handled several such refunds and a senior executive of a trade body.

Refunds follow the US Supreme Court's decision striking down Donald Trump's emergency tariffs, although payments ultimately depend on US importers passing the money on to Indian exporters

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The government has found no evidence of any critical loss of information in the recent cyber security incident involving Tata Electronics, Electronics and IT Secretary S. Krishnan said on July 13.

“Tata Electronics is working closely with MeitY,” Krishnan said, adding that “nothing critical has been lost” based on the government’s assessment so far.

The comments come amid concerns over the impact of the incident on Apple’s supply chain, with Tata Electronics being one of the company’s key manufacturing partners in India.

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Everyone is searching for India's next drone stock. But the biggest opportunity may be hiding in plain sight, and it has little to do with the aircraft most investors are watching.

Resuscitated human retinas continued to respond to light for up to 10 hours after death – a "tremendous feat" that moves us closer to eye transplant that restore vision.

When a super investor's name quietly drops off a company's share register, it is worth a second look. In the June 2026 quarter, two well tracked manufacturing stocks each lost interest from Sunil Singhania and Dolly Khanna. The stories behind the two exits could not be more different.

India has notified the procedure for importers to seek government approval to avail quota-based concessional import duties on passenger cars and goods vehicles from the UK under the India-UK Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15. The move lays down the framework for importing eligible UK-made vehicles at lower customs duties under a tariff rate quota (TRQ) system, news agency PTI reported.

The DGFT said the certificates will remain valid for up to 12 months or until the end of the calendar year, whichever is earlier.

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