Probe into TCS Nashik case expands as investigators examine claims of systematic targeting, internal lapses and wider misconduct, with political reactions intensifying across Maharashtra.
The combined market valuation of six of India’s top 10 most valued companies declined by more than Rs 3 lakh crore last week, reflecting a broader bearish trend in the equity markets.
The company has attributed its Q3 FY26 PAT decline to a one-time charge related to the labour code and legal claims, along with restructuring expenses in a statement.
Last week, the market valuation of seven of the top10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened week.
Last week, the combined market valuation of 6 of the top 10 most valued firms declined by Rs 94,433.12 crore. BSE benchmark tumbled 742.74 points or 0.90 per cent.
The statement further added that the process will make the entire request and bid selection process completely transparent.
Transnet Port Terminals (TPT) is part of Transnet SOC Ltd, state-owned freight transport and handling company.
The IBM Enterprise Cloud Architecture Unit would include technical professionals from both companies.
Bank shares except a few private lenders mostly traded in the red.
The Sensex gained 10.25 points to end at 38,730.82 while the Nifty settled at 11,555.90, lower by 2.70 points. Tata Consultancy Services closed 2.05 per cent lower at Rs 2,131.45 per share ahead of its earning announcement.
