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India.com
20 hours ago
- Politics
- India.com
Nimisha Priya Death Penalty Update: MEA sources refute Grand Mufti's claims, Victim's Brother Firm on...
Nimisha Priya death penalty New Delhi: The Ministry of External Affairs (MEA) on Tuesday reportedly refuted the claims of Kerala nurse Nimisha Priya's execution being cancelled by the Yemen authorities by calling them 'inaccurate'. 'Information being shared by certain individuals on the Nimisha Priya case is inaccurate,' MEA sources told CNBC-TV18. The development comes in response to the statement made by the Grand Mufti of India Kanthapuram AP Abubakar Musliyar claiming that Priya's death sentence has been completely overturned. However, India's Ministry of External Affairs (MEA) refuted the claims made by Grand Mufti Abu Bakar Musliyar. Following this statement from the Foreign Ministry, uncertainty has arisen regarding Nimisha Priya's situation. The question now is whether she will be released or if the previous status remains unchanged — that is, her death sentence has only been suspended, not revoked. Meanwhile, Nimisha's husband and daughter, who are hoping for her release, have arrived in Yemen. Nimisha Priya Death Sentence: Nimisha Priya's death sentence was scheduled for July 16, 2025 which was later postponed due to the interventions of the Grand Mufti of India through the help of an influential Yemeni sheikh. Priya is convicted of killing a Yemeni national Talal Abdo Mahdi in 2017. He was her business partner who later started to torture and sexually abuse her and even confiscated her passport.
Hindustan Times
a day ago
- Politics
- Hindustan Times
‘You would have 6 wars…': Trump repeats India-Pak ceasefire claim despite Jaishankar's fact-check
US President Donald Trump on Monday reiterated his claims of stopping a conflict between India and Pakistan while citing the recent ceasefire deal between Thailand and Cambodia. The remark came even as external affairs minister S Jaishankar in Parliament said there was no US involvement in the ceasefire between the two countries. US President Donald Trump walks on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, July 25, 2025. (Bloomberg) Trump said there would be six wars going on globally 'if weren't around', adding he also helped end the conflict between India and Pakistan. "We have many ceasefires going on... If I weren't around, you would have six major wars going on. India would be fighting with Pakistan. You see what we did yesterday with two nations that we were trading with," Trump said, while referring to the recent ceasefire between Thailand and Cambodia. The remark comes after Thailand and Cambodia agreed to a ceasefire after five days of fighting over long-disputed border issue, in which at least 33 people were killed. Also Read: 'Trump never called': Jaishankar rejects US trade offer claim over India-Pak ceasefire Trump said he warned the two countries that he is not going to do any trade with the two nations unless they settle their differences. "During the trade, I said, I am not going to do any trade deals unless you guys settle your differences and we got them settled in 24 hours. They just announced that it was settled," Trump said, according to CNBC-TV18. Earlier in the day, S Jaishankar categorically denied Trump's claim of intervening in India-Pakistan conflict and using trade offers to make the two countries reach a ceasefire understanding. Jaishankar, while speaking during a special discussion on Operation Sindoor in the Parliament, said there was no call between Prime Minister Narendra Modi and Trump between April 22 and June 17. Also Read: '10 or 12 days': Trump gives Putin fresh deadline to end Ukraine war 'I want to make two things very clear. One, at no stage in any conversation with the United States was there any linkage with trade and what was going on,' Jaishankar said. "Secondly, there was no call between the Prime Minister (Modi) and President Trump from the 22nd of April when President Trump called up to convey his sympathy and the 17th of June, when he called up Prime Minister (Modi) in Canada to explain why he could not meet,' the minister added. Since May 10, when Trump announced on Truth Social that India and Pakistan had agreed to a full and immediate ceasefire after a long night of talks mediated by Washington, the US President has repeated his claim on several occasions that he helped settle the conflict between India and Pakistan. However, India has been consistently maintaining that the understanding on cessation of hostilities with Pakistan was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two militaries.
Time of India
2 days ago
- Business
- Time of India
‘Kitne aadmi the': CP Gurnani explains why TCS layoffs are a sign that the ‘Sholay era' of IT companies is over
Tata Consultancy Services ' (TCS) recent decision to lay off around 12,000 employees is being viewed by industry leaders as a sign of a major shift in how Indian IT firms operate. Former Tech Mahindra CEO CP Gurnani said the move signals the end of evaluating IT companies based on workforce size, calling for a stronger focus on outcome-based models driven by artificial intelligence (AI). Shift from headcount to output-led metrics Speaking to CNBC-TV18, IT veteran CP Gurnani said Indian IT firms will increasingly move away from being measured by employee numbers. 'The focus on the Sholay dialogue 'Kitne aadmi the' or judging the Indian IT industry based on headcount—that period will be over,' Gurnani told CNBC-TV18 . Explore courses from Top Institutes in Please select course: Select a Course Category Product Management Healthcare MBA healthcare Data Analytics Design Thinking Project Management Data Science CXO Digital Marketing Artificial Intelligence Operations Management Data Science Management Public Policy others Leadership MCA Cybersecurity Others Finance Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details He added, 'We will have to rewire ourselves to focus on output and outcome-based business models, outcome-based pricing, and more importantly what it does for business and customers, instead of looking at IT and systems in isolation.' Human-centric AI will reshape jobs, not just cut them Addressing concerns over job losses, Gurnani noted that although some roles may be cut due to automation and AI integration, new types of jobs are also emerging. He pointed out that hiring in AI roles is already on the rise. 'If you see the job openings at these companies, they have only increased since the previous year. This is because they need more AI engineers, more data scientists, prompt engineers and people who can collapse few functions of an organisation,' he said. Live Events You Might Also Like: TCS layoffs 2025: Why India's biggest IT co is asking 12,000 techies to leave, who's at risk, and what severance package they will get 'There is no point of having an HR organisation. Ultimately, it will become how do I serve my employee. That means it is a data-centric organisation, with a human touch,' Gurnani added. TCS trims workforce amid shift in business priorities TCS recently confirmed that it would reduce its workforce by about 2%, affecting nearly 12,000 employees, over the course of 2025. The company cited changing technology demands, client expectations, and strategic realignment as key reasons for the move. The layoffs are expected to mainly impact employees in mid-level and senior roles across various business units. According to the company, the job cuts are part of its long-term plan to become more agile and focus on emerging areas like artificial intelligence, data science, cloud computing, and automation. Revised bench policy puts pressure on unallocated staff Amid layoffs, TCS has also introduced a stricter deployment policy that limits bench time to 35 business days per year. Employees are now required to be billed for a minimum of 225 working days annually. Failing to meet these expectations may affect their salary progression, promotion prospects, and continued employment. You Might Also Like: TCS layoffs: Job cuts due to skill mismatch, not AI automation, says CEO K Krithivasan During their time on the bench, employees must attend office and spend four to six hours daily on upskilling through internal and external learning platforms. The company has asked staff to take initiative and work closely with the Resource Management Group (RMG) to find project opportunities. Workers' group flags mental health and job security concerns The Nascent Information Technology Employees Senate (NITES) recently raised concerns over the pressure faced by employees under the revised bench policy. In a letter to the Union Labour Minister, the group described the policy as 'inhumane' and said it was causing mental stress among skilled professionals who were temporarily without assignments. 'Instead of support, they are met with suspicion, coercion, and threats,' NITES president Harpreet Singh Saluja wrote in the letter. The organisation also accused TCS of withholding experience letters from those unable to secure new roles within the prescribed time. Hiring slows across India's top IT companies The layoffs come at a time when the overall hiring outlook in India's IT industry has weakened. Data from recent quarters shows that job additions at leading IT companies have dropped significantly. In the April–June 2025 quarter, the top six Indian IT firms added only 3,847 employees, compared to 13,935 in the previous quarter. You Might Also Like: TCS layoffs: IT major to mass fire 12,000 senior, mid-level staffers amid AI push With rising costs, automation, and global economic uncertainty, industry analysts expect more firms to adopt tighter workforce management strategies. As AI continues to replace repetitive tasks, companies are increasingly looking for employees with specialised skills in digital transformation, cybersecurity, and advanced analytics.
Business Upturn
6 days ago
- Business
- Business Upturn
Nestle India shares fall over 4% after Q1 results miss estimates
Nestlé India shares slipped over 4% after the FMCG major's Q1 FY26 results fell short of analyst expectations, despite year-on-year growth in both revenue and profit. As of 11:43 AM, the shares were trading 3.91% lower at Rs 2,356.70. The company reported a net profit of ₹646.6 crore for the June quarter, up 13.4% from ₹570 crore a year ago. However, the figure came in well below CNBC-TV18's estimate of ₹732 crore and also showed a sharp decline from ₹873.4 crore in the March quarter. Revenue from operations stood at ₹5,096.1 crore, up 6% year-on-year, slightly ahead of the expected ₹5,080 crore. But this was still lower than ₹5,503.8 crore reported in Q4 FY25. EBITDA came in at ₹1,100 crore versus the estimated ₹1,135 crore, while the EBITDA margin dropped to 21.60% from 23.15% a year ago, missing the projected 23.02%. Rising input costs, especially raw materials and employee benefits, weighed on profitability. Material costs rose to ₹2,153.2 crore from ₹1,943.2 crore YoY, and employee expenses climbed to ₹515.6 crore. Segment-wise, domestic sales contributed ₹4,860 crore and exports added ₹213.9 crore. Product sales grew from ₹4,792.9 crore last year to ₹5,073.9 crore in Q1 FY26. Nestlé India paid ₹234.8 crore in current tax and ₹27.6 crore in deferred tax during the quarter. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
7 days ago
- Business
- Business Upturn
Why are Dalmia Bharat shares falling 4% despite 3x jump in Q1 net profit? Explained
Dalmia Bharat shares slipped more than 4% after the company announced its Q1 FY26 results, which, despite showing strong year-on-year growth, missed market estimates. As of 10:48 AM, the shares were trading 2.89% lower at Rs 2,253.20. The cement major posted a 171% jump in net profit to ₹393 crore for the quarter ended June 30, 2025, up from ₹145 crore in the same period last year. However, this was lower than the CNBC-TV18 poll estimate of ₹425 crore. Revenue from operations remained nearly flat, rising just 0.4% to ₹3,636 crore in Q1 FY26, compared to ₹3,621 crore in the same period last year. This was below the CNBC-TV18 poll estimate of ₹3,710 crore. On the operational front, the company delivered its best-ever quarterly EBITDA at ₹883 crore, a 32% jump from ₹669 crore a year earlier. This also beat the Street's estimate of ₹831 crore. EBITDA margin expanded sharply to 24.3% from 18.5% last year, surpassing the expected 22.4%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
