Bengaluru hosts leaders' meet for a sustainable future
Held as part of a national series, the forum featured panels, fireside chats, and showcases on unlocking capital for systemic change, sustainable urban infrastructure designs and using deeptech and AI for innovation to build resilience and equity.
The event saw leaders from organisations including Intel, PwC, SAP, Shell, Rohini Nilekani Philanthropies, B.PAC, Villgro, Schoolnet India Limited and Saahas Zero Waste among others. The gathering which featured 15 speakers brought together more than 150 attendees.
Aruna Newton, ESG & DEI Head, Infosys, who was part of the event, noted that the company's vision is to continue earning the respect of our stakeholders by deeply embedding sustainability into every aspect of the business.
'At Infosys, integrating sustainability into our thinking goes beyond isolated actions, it shapes the way we see the larger picture and create lasting value.'
The AndPurpose Forum – Bengaluru Edition is part of a broader series of regional forums hosted in New Delhi, Mumbai, Bengaluru, and Hyderabad, culminating in the flagship AndPurpose Summit in April 2026 in New Delhi. These gatherings aim to catalyse real change by building an ecosystem where conversations lead to measurable outcomes.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
Infosys, Wipro, other IT stocks fall up to 3% as TCS job cuts deepen concerns over sector slowdown
Shares of largecap IT companies slid on Monday, with Wipro and Infosys falling up to 3%, after Tata Consultancy Services ( TCS ) said it would cut 2% of its global workforce, around 12,000 employees, amid persistent macroeconomic headwinds and weak discretionary spending. The announcement dragged the Nifty IT index 1.6% lower, extending losses in a sector already in bear territory. TCS shares declined 1.7% to Rs 3,081.60 after the company said it could no longer reassign employees whose skills do not match its evolving business needs. 'The deployment of some associates may no longer be feasible under current market conditions,' TCS said, adding that the layoffs were not driven by AI-related efficiency but by structural realignment. Explore courses from Top Institutes in Please select course: Select a Course Category Management MCA PGDM others MBA Degree Artificial Intelligence Project Management Data Analytics Data Science Digital Marketing Leadership Public Policy CXO Others Technology Operations Management healthcare Healthcare Finance Data Science Design Thinking Product Management Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details Wipro fell 3.5% to Rs 250.05, while Infosys slipped 2.2% to Rs 1,482.50. HCL Tech edged 1.1% lower and Tech Mahindra dropped nearly 1%. The Nifty IT index is trading 24% below its recent peak of 46,088.90. Challenging outlook The layoffs, which will primarily affect middle and senior grades, come as clients remain cautious amid trade tensions and a global slowdown in technology spending. Live Events "The sharp cut in the IT index has been dragging the market down, and there is no respite in this in view of the 2% cut in its global workforce announced by TCS. However, midcap IT names hold promise in view of their strong growth prospects," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments. As of June 2025, TCS employed 613,069 people worldwide. The company said the transition is being managed carefully to ensure client service continuity. Affected employees will receive full notice-period compensation, severance benefits, insurance extensions, outplacement support, counseling, and transition assistance. Industry slowdown The job cuts follow legal complaints over TCS's recently revised 'bench policy,' which allows only 35 annual days for employees to remain unassigned before performance-related action and mandates a minimum of 225 billable days annually. The broader IT industry has also shown signs of stress. Job additions across the top six Indian IT firms fell over 72% in the April–June quarter, with only 3,847 new hires compared to 13,935 in the previous quarter, according to a report by ET. Despite the turbulence, TCS reaffirmed its commitment to long-term priorities such as investments in new-age technologies, AI deployments, deeper global partnerships, and the development of next-generation infrastructure. Also read | TCS shares slip nearly 2% after company announces over 12,000 layoffs ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
New Indian Express
3 hours ago
- New Indian Express
Indian markets open lower amid IT, banking drag
CHENNAI: Indian stock markets opened on a weak note on Monday, July 28, tracking broad-based selling, particularly in IT and private banking stocks. The BSE Sensex fell 306 points, or 0.38%, to 81,155 at open, while the Nifty50 declined 93 points, or 0.37%, to trade at 24,744. Leading the losses were Kotak Mahindra Bank, which dropped over 6%, followed by IT majors TCS, Infosys, and HCL Tech. Other laggards on the Sensex included Bharti Airtel, Titan, and Bajaj Finance. On the positive side, Tata Motors, Bajaj Finserv, Ultratech Cement, Maruti Suzuki, Tata Steel, and Power Grid posted gains, lending some support to the benchmarks. The broader markets also saw weakness, with the Nifty MidCap index down 0.28% and the Nifty SmallCap index slipping 0.58%. Sectorally, the Nifty IT index was the worst performer, falling 1.4%, while the Nifty Private Bank and Realty indices also lost over 1% each. In the IPO space, the listing of SME issues Swastika Castal and Savy Infra is in focus. Meanwhile, new SME IPOs from Repono and Umiya Mobile opened for subscription. PropShare Titania's mainboard IPO enters its final day, while ongoing issues from Shanti Gold International, Sellowrap Industries, Shree Refrigerations, and Patel Chem Specialities continue into their second day. Brigade Hotel Ventures' IPO enters Day 3, and allotment status is expected today for Indiqube Space, TSC India, and GNG Electronics.
Time of India
4 hours ago
- Time of India
Sensex falls over 200 pts, Nifty below 24,750 as IT stocks drag on tariff worries
Indian equity benchmark indices opened lower on Monday, as uncertainty over trade talks with the U.S. and weaker-than-expected earnings from Kotak Mahindra Bank dampened investor sentiment. The BSE Sensex was down 219 points, or 0.27%, at 81,243, while the Nifty50 slipped 95 points, or 0.38%, to 24,736 around 9:25 am. From the Sensex pack, Kotak Mahindra Bank, Infosys , TCS , Bharti Airtel , HCL Tech , and Bajaj Finance were among the top laggards, falling up to 5.5%. In contrast, Tata Motors , Bajaj Finserv , UltraTech Cement , ICICI Bank , and Tata Steel opened with gains. Kotak Mahindra Bank dropped 5.5% after the private lender reported a decline in first-quarter profit on Saturday, as higher provisions for potential bad loans and a contraction in lending margins weighed on performance. Meanwhile, heavyweight TCS fell nearly 1.5% in early trade after the company announced plans to reduce its workforce by 2%, roughly 12,200 employees, in FY26. The move comes as TCS adopts AI technologies, expands into new markets, and navigates an uncertain demand environment. Live Events On the sectoral front, Nifty Realty dropped 2.3%, weighed down by losses in Lodha, Prestige, and Oberoi Realty . The Nifty Private Bank index also declined 1.1%, led by a sharp fall in Kotak Mahindra Bank. In the broader market, the Nifty Midcap 100 edged up 0.2%, while the Nifty Smallcap 100 slipped 0.1%.
