No layoffs but ‘day is not far when TCS will have half a million AI agents in workforce’: Chairman N Chandrasekaran

New Delhi, 9/6: Tata Consultancy Services (TCS) chairman N Chandrasekaran on Tuesday said that the company expects hiring across IT sector to slow down as artificial intelligence (AI) becomes a bigger part of the workforce. Speaking at the company’s annual general meeting, Chandrasekaran said the future workforce at TCS would include an equal number of…

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India’s gold tariff hike fuels smuggling revival; squeezes banks, refiners

Mumbai, 9/6: India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 metric tons this year, as soaring ⁠grey market margins allow smugglers to undercut banks and refiners of the precious metal, industry officials and bullion dealers said.India, the world’s biggest gold market after China, more than doubled…

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CID storms Mamata Banerjee’s residence in forged signature case; officers blocked at entrance

Kolkata, 9/6’trouble mounts for TMC supremo Mamata Banerjee, a team of CID officers reached her Kalighat residence on Tuesday as part of the investigation into the ‘forged signature controversy’ that has triggered an unprecedented split in the party. Mamata’s residence, which she also uses as office, at 30B Harish Chatterjee Street was stormed by personnel…

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Ben Stokes could lose England captaincy as ECB investigates nightclub incident

London, 9/6: England captain Ben Stokes could lose his leadership duty as the England and Wales Cricket Board (ECB) officials said he is being investigated for an incident at a nightclub along with teammate Gus Atkinson. The incident reportedly also involved a Saracens rugby player. Both the cricketers are facing a probe by the Board…

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Powerful Philippines quake leaves at least 32 feared dead, survivors recount fear

Philippine, 8/6: The death toll in a powerful 7.8-magnitude earthquake off the southern Philippine island of Mindanao on Monday has risen to at least 32, with dozens of people injured, disaster ⁠officials said, as Manila stepped up search and rescue operations. The quake, which triggered tsunami warnings across several countries, hit early in the morning…

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Tea break, unattended fryer, delayed alert: Chain of lapses that may have led to Delhi hotel fire

New Delhi, 8/6: Investigators probing the devastating Malviya Nagar hotel fire in Delhi have uncovered a series of alleged lapses that may have set the stage for the tragedy, a tea break, an oil fryer left unattended, and a cook who reportedly left the scene without raising an alarm even as flames spread through the…

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Telangana techie’s murder in US: Philadelphia police offer $20,000 reward for information on culprits

Hyderabad, 8/6: Philadelphia police have announced a reward of $20,000 for information leading to the arrest and conviction of those responsible for the murder of Anshul Kuncha. 27-year-old techie from Telangana’s Medchal-Malkajgiri district.Anshul was shot dead in the early hours of June 5 while on a pizza delivery job.The fatal shooting occurred shortly after midnight…

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Physical relationship between consenting unmarried adults no ground to show poor character: Supreme Court

New Delhi, 8/6: The Supreme Court has held that physical relationship between two consenting unmarried adults cannot be a ground to draw an adverse impression about the character of the person in that relationship. A bench of Justices Manmohan and Manoj Misra made the observation while directing the Telangana State Level Police Recruitment Board to…

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