Mumbai: India's prospects of becoming a global manufacturing hub may diminish due to a decline in goods exports to the United States, according to a report by the rating agency Moody’s. However, strong domestic demand is expected to cushion the impact of external pressures. The...

TCS Set to Lay Off 12,000 Employees — But AI Isn’t to Blame, Says CEO Tata Consultancy Services (TCS) is preparing to lay off around 12,000 employees globally, accounting for about 2% of its total workforce. This is expected to be the company's largest layoff...