US pact boost for Indian defence | TCS revamps contract hiring | Boult turns GoBoult, eyes ₹1,000-cr IPO | Two-wheeler firms see warranty costs rise

US pact boost for Indian defence | TCS revamps contract hiring | Boult turns GoBoult, eyes ₹1,000-cr IPO | Two-wheeler firms see warranty costs rise

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India and the US are working on a landmark deal that would open up each country's defence purchase market to the other, marking a significant step forward in their strategic relationship, two people aware of the development said.

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Tata Consultancy Services Ltd has hired a US-based firm to deal with its third-party staffing vendors as India’s largest IT services provider boosts transparency in its recruitment processes.

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The company posted ₹800 crore in revenue in FY25 and aims for ₹1,000 crore this year, co-founder Varun Gupta told Mint. It also plans to scale its retail presence from 3,000 stores to more than 30,000 and enter new international markets.

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India's top two-wheeler manufacturers are setting aside significantly larger sums to cover their warranty costs. A key reason: The rising share of electric vehicles in their overall sales.

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