June 2026

Canada secured a historic 1-0 victory over South Africa at the SoFi Stadium, with Stephen Eustaquio scoring a stunning 92nd-minute volley to clinch their first-ever World Cup knockout stage win.(AP Photo) A breathtaking 92nd-minute volley from midfielder Stephen Eustaquio propelled co-hosts Canada to a historic 1-0 victory over South Africa at the SoFi Stadium on…

AI enters cost-conscious era as enterprises chase returns NEW DELHI: The enterprise AI gold rush is giving way to a more disciplined phase. After two years of racing to deploy the biggest models and consume more compute, companies are asking a simpler question: is every AI rupee generating measurable business returns? Uber recently acknowledged that…

MUMBAI: Delayed payments are putting working capital stress on MSMEs, with average overdue receivables beyond 360 days at around Rs 3.8 crore per firm and a national invoice payment cycle of 73 days, even as 82.6% of invoices are issued with credit periods of 0 to 30 days, a report noted. The Indian SME Receivables…

BENGALURU: The story of Nagarro cofounder Manas Human spans an unlikely arc — from the tea town of Dibrugarh in Assam and the classrooms of Delhi to the trading floor of the Frankfurt Stock Exchange, where he helped build one of the world’s largest digital engineering companies. Born in Dibrugarh, Human spent part of his…

Persistent bids to buy German company for $1.3 billion BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquire Germany’s Nagarro for about $1.3 billion, reports Shilpa Phadnis. This transaction could create a $2.9-billion digital engineering and AI powerhouse with more than…

India’s Tilak Varma (PTI) Tilak Varma‘s fighting half-century was one of the few positives for India in their dramatic one-run defeat to Ireland in the second T20I on Sunday, but the left-hander also found himself on an unwanted list after registering one of the slowest fifties by an Indian in T20 Internationals.Walking in with India…

Monsoon uncertainty weighs on gains from lower oil prices MUMBAI: Oil prices have tumbled enough for some analysts to lower India’s headline inflation forecast for the fiscal year, but uncertainty over the trajectory of monsoons is nudging consumer firms to temper their growth expectations. Companies with a wide footprint are hoping that a diversified product…