September 22, 2025 4:27 PM

Sensex, Nifty end lower amid IT selloff and H-1B visa concerns

Indian benchmark indices ended in negative territory on Monday after a volatile trading session, with IT stocks leading the declines amid concerns over the US administration’s announcement of a $100,000 fee for new H-1B visas. The Sensex closed at 82,159.97, down 466.26 points or 0.56 per cent, while the Nifty ended the day at 25,202.35, down 124.70 points or 0.49 per cent. Both indices opened in the red, reflecting cautious sentiment following global cues and uncertainty over the visa fee. ...

May 28, 2024 4:05 PM

TCS and IIT Bombay collaborate to create India’s first semiconductor chip imaging tool

IT services major Tata Consultancy Services has entered into a partnership with the Indian Institute of Technology-Bombay, to develop what it said is India's first quantum diamond microchip imager. According to a statement from the IT services major on Tuesday, this to-be-developed sensing tool will hold the potential to unlock new levels of precision in the examination of semiconductor chips, reduce chip failures and improve the energy efficiency of electronic devices. Over the next two years...