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The Latest Breaking News from IT

Gartner Earnings Preview: What to Expect

Gartner's second-quarter earnings are due soon, with consensus estimates calling for a single-digit rise in EPS.

Barchart

ITR 2026: Common income tax return filing mistakes that cost employees lakhs

A careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensuring that all eligible deductions and benefits are correctly claimed. The Income Tax Return (ITR) filing due date for salaried individuals is July 31, 2026 if they are not liable for tax…

The Economic Times

IBM Just Lost $68B in a Day: What Triggered Its Worst Stock Crash Since 1968

The reasons behind IBM's 25% stock plunge, the impact on UK savers, and how AI hardware shifts are reshaping market value. Learn which bank downgraded IBM and what it means for your investments.

International Business Times UK

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Home loan interest column for self-occupied house disabled in ITR utility? Know what to do while ITR filing for AY 2026-2027

Home loan interest column for self-occupied house is disabled in ITR utility? Know what to do while ITR filing for AY 2026-2027. The reason for this is under new tax regime, home loan interest tax deduction cannot be claimed but in old tax regime it can be claimed. So check…

The Economic Times

ED sells Hawker 800A jet for Rs 3 cr: Are you buying property or just a legal headache?

The Enforcement Directorate recently auctioned a private jet under money laundering laws. This sale clarified that attachment of property is not ownership by the agency. Ownership of seized assets only passes after a court confirms money laundering has occurred. The agency can sell rapidly depreciating assets like aircraft with court…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities fell sharply as escalating West Asia tensions lifted crude oil prices and weakened the rupee, raising inflation concerns. Sensex and Nifty declined up to 0.7%, while analysts said geopolitical risks overshadowed earnings optimism despite technical support remaining intact.

The Economic Times

Market wrap: Top gainers and losers on Nifty and Sensex today

Indian benchmark indices ended sharply lower on Tuesday as escalating Middle East tensions and surging crude oil prices triggered broad-based selling. Sensex fell 561 points and Nifty slipped below 24,100, with auto, IT, PSU banks and realty leading losses, while pharma stocks outperformed amid a flight to defensive sectors.

The Economic Times

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Government says social media platforms must follow SOPs on child abuse material

Social media platforms must follow child abuse material reporting standards. Timely reporting and law enforcement coordination are key responsibilities. The government is examining Meta's response to Instagram ad concerns. Officials stated platform compliance with detection and reporting obligations is crucial. Future actions will be decided after assessing Meta's reply.

The Economic Times

Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT Bangalore

Landowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins case in ITAT Bangalore. Read the article to know the landowner won the tax case in ITAT Bangalore.

The Economic Times

TCS dividend alert! Last day to buy IT bellwether's shares for interim dividend worth Rs 12. Do you own?

Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are…

The Economic Times

Getting access to Mythos high on priority but other AI models also being utilised: IT Secy

Mythos - an advanced AI model developed by Anthropic - has been able to "lay bare" vulnerabilities that existed in the original code of widely-used software programmes but were often left unresolved because they were considered low priority, too costly to fix, or had simply gone undetected, IT secretary S…

The Economic Times

'Entities involved say not much lost': IT Secy on probe into Tata Electronics cyber leak linked to Apple

An alleged data breach at Tata Electronics is under examination by the IT Ministry. Reports suggest sensitive iPhone 18 Pro model data was exposed on the dark web. The Indian Computer Emergency Response Team is also investigating the security incident. Both Tata Electronics and Apple are reportedly satisfied with no…

The Economic Times

Meta reply to Government notice on CSAM ads received; appropriate action after examination: IT Secretary

Meity has received Meta's response regarding child sexual abuse material ads. The IT Ministry is currently examining the company's detailed explanation. Meta previously outlined its AI-powered efforts to combat such harmful content. The government had issued a stern notice demanding immediate action on Instagram. Appropriate measures will be decided after…

The Economic Times

Meta's reply over child sexual abuse material notice is under review: IT Secretary

Meta's response to a government notice regarding child sexual abuse material ads has been received. The Ministry of Electronics and Information Technology is currently examining the company's reply. Instagram was previously ordered to disable all ads promoting access to CSEAM. Meta has outlined its efforts to combat child sexual abuse…

The Economic Times

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The Economic Times

HDFC Bank, HCL Tech among 143 companies to announce earnings this week

The June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled to report this week. With growth projected at 10%, investors will track sectoral trends across banking, IT and consumption, focusing on margins, demand outlook and asset quality signals.

The Economic Times

Dividends and stock splits: TCS, Dabur, MRF among nearly 100 stocks turning ex-date this week. Do you own any?

Nearly 100 stocks, including TCS, MRF and Dabur, will turn ex-date for dividends, stock splits and rights issues during the July 13–17 week. Investors must hold shares by record dates to qualify, with several high dividend payouts and multiple corporate actions lined up across sectors through the busy trading week…

The Times of India

New satellite images reveal Iran may be rebuilding nuclear facilities: Report

Iran appears to have begun repairing and rebuilding parts of its nuclear infrastructure weeks after the US-Israel strikes, according to newly available satellite imagery. This can be a development that raises fresh questions over whether Tehran is complying with the memorandum of understanding (MoU) it signed with the United States…

The Economic Times

No Facebook, Instagram for Indian kids below 16? PM Modi's Australia praise fuels debate over social media curbs

India may introduce age-based social media restrictions, following Australia's lead. Prime Minister Modi praised Australia's approach to protecting young users online. The government is discussing age limits with social media companies. Some Indian states are already exploring their own proposals for online safety.

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The Economic Times

WhatsApp submits reply on 'username' notice; govt examining messaging platform's response

The Centre issued a notice to Meta last Wednesday, questioning the proposed username feature on WhatsApp, flagging concerns that it could materially increase incidents of online fraud, phishing, digital-arrest scams and impersonation attacks.

The Economic Times

Over 760 proposals, requests from various ministries on AI applications under evaluation: IT Secy

Nearly 762 AI application suggestions are being evaluated by Meity from various ministries. Discussions will soon begin with stakeholders to draft new AI regulations. Existing IT rules have addressed initial concerns regarding deepfakes and synthetic content. Stricter disclosure norms for AI-generated content are also being proposed. India is tightening its…

The Economic Times

Skilling vital in India's goal of becoming AI solutions capital: IT Secretary

Speaking at the CII GCC Business Summit, Krishnan noted that the deployment of AI in enterprises is still lagging across the world, not just in India, presenting an opportunity for GCCs here to play a critical role.

The Economic Times

TCS announces interim dividend of Rs 12 per share. Check record date

Tata Consultancy Services announced an interim dividend of Rs 12 per share for shareholders. The IT major reported a 5% year-on-year profit increase for the first quarter. Its revenue from operations also saw a significant 14% rise during the same period.

The Economic Times

20-year-old Haryana merchant navy seaman goes missing off Ukraine coast, family seeks answers

A young merchant navy seaman from Haryana has gone missing after an incident at sea. Deepak Duddi was reportedly last seen on duty aboard a vessel near Odesa. His family received news of his disappearance from the ship's owning company. They are seeking an investigation and intervention from the Indian…

The Economic Times

Govt to decide on action against Meta after response to Instagram child abuse ads notice: IT Secretary

India's IT Ministry awaits Meta's formal response to a notice regarding child exploitation ads. Meta published a blog detailing its efforts to combat child sexual abuse material. The company highlighted AI-powered detection and large-scale enforcement actions. This scrutiny follows a BBC report alleging algorithm promotion of such content.

The Economic Times

Meta says aggressively working to combat child exploitation on apps

Meta detailed its AI-powered efforts to fight child exploitation across its platforms. The company stated it is investing more resources to protect young users. Newer AI systems now cover most online languages for enforcement. Meta removed millions of suspicious accounts and exploitative content globally. Government sources await Meta's official response…

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