Business

Cognizant Q2 Profit Up 14%, Lifts Annual Guidance

By BPN News Desk
Cognizant reported a 14% rise in net profit for the second quarter of 2025, reaching $645 million, or $1.31 per share, surpassing market expectations. Revenue stood at $5.25 billion, showing an 8.1% increase year-on-year, driven by steady demand across key sectors and geographies. Full-Year Outlook Raised Buoyed by better-than-expected results, Cognizant revised its
Business

TCS Plans 2% Workforce Cut Amid Restructuring

By BPN News Desk
India’s largest IT services company, Tata Consultancy Services (TCS), has announced plans to reduce its global workforce by approximately 2%, which amounts to over 12,000 jobs. The decision is part of a broader strategic shift aimed at aligning operations with emerging technologies and changing market dynamics. The company, which currently employs over 613,000 people
Business

Nvidia and AMD Chiefs Back Trump’s AI Push

By BPN News Desk
The CEOs of Nvidia and AMD have voiced strong support for President Donald Trump’s new AI action plan, which aims to boost American leadership in artificial intelligence through relaxed regulations, expanded energy access, and a clampdown on what Trump calls “woke” AI systems. Chipmakers Welcome Deregulation, Export Relaxation At a recent industry roundtable in
International

Trump Bans “Woke” AI in Federal Government

By BPN News Desk
President Donald Trump signed an executive order instructing all federal agencies to stop using artificial intelligence (AI) systems that display political or ideological bias. The order is aimed at preventing what he described as “woke” AI and ensuring that government systems reflect neutrality and factual accuracy. New Rules for Government AI Use The executive order […]
Business Industry

Adani Announces Two 1,000‑Bed AI Hospitals

By BPN News Desk
The Adani Group has announced plans to enter the healthcare sector by building two advanced, 1,000‑bed hospitals in Mumbai and Ahmedabad. Chairman Gautam Adani revealed this initiative at a medical conference, aiming to combine cutting-edge technology with affordable care under the theme “Adani Healthcare Temples”. ₹60,000 crore Commitment Adani confirmed that the Adani

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