Tag: IT firms

Stock markets rebound in early trade led by TCS, other IT firms

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Stock markets rebound in early trade led by TCS, other IT firms

File photo for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty rebounded in early trade on Friday (October 9, 2026) after two days of sharp decline, led by a rally in TCS and other IT stocks. The 30-share BSE Sensex climbed 292 points to 71,876.10 in early trade. The 50-share NSE…

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Government tells IT firms seeking deferral of import licensing regime to submit local production plan

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Government tells IT firms seeking deferral of import licensing regime to submit local production plan

The Centre has countered the IT hardware industry’s request to defer the new import licensing norms by 9-12 months, asking the players to submit a plan to ramp up domestic production in phases. Domestic players that The Hindu Businessline spoke with said that the Centre expects hardware companies to value-add in the local manufacturing of computers and…

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