For TCS, N Chandrasekaran’s exit brings an end to an era of continuity

Prime Minister Narendra Modi heard memorable stories from India’s Commonwealth Games medalists. Boxer Narender Berwal shared an amusing anecdote about a Pakistani opponent’s reaction. Jadumani Singh recounted his significant victory on Kargil Vijay Diwas. He dedicated his win to Indian Army heroes, which Modi praised. India achieved its best-ever boxing haul at the Glasgow Games.

US stocks opened higher on Thursday morning. Microsoft’s strong forecast eased investor concerns about AI spending. Major indices like the Dow and S&P 500 saw significant gains. The Nasdaq Composite also experienced a notable increase at the opening bell. Investors parsed fresh economic data after the Federal Reserve’s rate decision.

The industry body has sought to defer localisation norms till April 1, 2027, saying China’s export curbs on rare-earth magnets continue to disrupt supplies.