Rajesh Gopinathan, the outgoing CEO and MD of Tata Consultancy Services (TCS), thanked employees and welcomed K Krithivasan who takes charge of India’s largest IT services firm that has a goal of earning $50 billion in revenue by 2030.

“This week marks the culmination of my two-decade long journey with TCS. I will step down from my role as CEO & MD on 31 May, 2023. It has been an absolute privilege to lead our company in the last six years, which have been a period of tremendous growth and transformation for all of us,” Gopinathan wrote in an email to TCS employees.

Shares of Titan Company hit a new high of Rs 2,840.60, up 1 per cent on the BSE in intra-day trade on Tuesday. In past one week, the stock has rallied 6 per cent on stable business outlook, as compared to 1.5 per cent rise in the S&P BSE Sensex. Thus far in the calendar year, Titan has outperformed the market, by surging 10 per cent, as against 3 per cent gain in the benchmark index.

Titan is a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation Limited (TIDCO).

Punjab Chief Minister Bhagwant Mann on Monday announced that land records in the state will be made online for the general public in getting their routine administrative works done in a hassle-free manner.

The CM Mann while chairing a high-level meeting of the Punjab Land Record Society, said all land-related records must be put online so that people can get access to them with a single click.

India’s top oil and gas producer, ONGC, will invest up to Rs 1 trillion by 2030 on energy transition goals as part of its target to go carbon neutral by 2038, ONGC Chairman Arun Kumar Singh said on Monday.

The Maharatna company also plans to raise electricity generation from renewable sources to 10 gigawatt (Gw) by the end of the decade from 189 Mw now.

The CBI has filed a corruption case against British aerospace and defence company Rolls Royce PLC, its top executives and arms dealers for alleged kickbacks in the procurement of Hawk 115 Advanced Jet Trainer aircraft for the Indian Air Force and Navy, officials said.

The CBI has registered a case against Tim Jones, Director Rolls Royce India, alleged arms dealers Sudhir Choudhrie and Bhanu Choudhrie, Rolls Royce Plc and British Aerospace Systems under IPC section 120-B (criminal conspiracy) and provisions of Prevention of Corruption Act after completing a six-year-old preliminary enquiry.

Chandrayaan-3 will be launched in July this year, S Somnath, Chief, Indian Space Research Organisation's (ISRO) confirmed on Monday.

Chandrayaan-3 mission is aimed at showing critical technologies to land the spacecraft on the south pole of the moon in less than two months. The mission will carry instruments to analyse the thermo-physical properties of the lunar regolith, lunar seismicity, lunar surface plasma environment, and elemental composition in the vicinity of the landing site.

Mobility major Ola will pilot Prime Plus, a new premium service that will offer top cars and drivers, and free of cancellations, in Bengaluru, cofounder and CEO Bhavish Aggarwal announced on Twitter.

He stated that the new category would be available to a limited number of users.

As the wrestlers’ protest in Delhi takes another turn after the clash of India’s best wrestlers and athletes against the Delhi Police in Jantar Mantar, the issue has now sparked a wave of politics, with many pointing out that the clash took place on the same day as the launch of the new Parliament building.

On May 28, the protesting wrestlers – led by medal-winning wrestlers Bajrang Puniya and Sakshi Malik – clashed with Delhi Police outside of Jantar Mantar, with visuals of many wrestlers being dragged and detained by the authorities during their protest march.

In a two-part ceremony that lasted over five hours, Prime Minister Narendra Modi inaugurated the new Parliament building on Sunday, with 21 Opposition parties boycotting the function and the police forcibly detaining women wrestlers as they tried marching to Parliament to demand justice, and evicting them from their protest site at Jantar Mantar.

In the morning session, Modi performed “Ganapathi Homam”, prostrated before the Sengol, which he later said symbolised not just the transfer of power but service and nationalism in the Chola empire, and carried the golden sceptre in a procession, accompanied by the tunes of “nadaswaram” and Vedic chants by priests from Karnataka’s Sringeri Math to the new Lok Sabha chamber.

ICICI Bank, the country's second largest private sector lender, has informed the exchanges that its board has approved raising its stake in ICICI Lombard General Insurance by four per cent in multiple tranches.

At present, the bank owns 48.02 per cent in the general insurance arm.

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