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Time of India
34 minutes ago
- Business
- Time of India
Bengaluru Namma Metro Yellow Line: Stations, operation timings, fare, travel time and expansion plans. Here's all
Prime Minister Narendra Modi on Sunday inaugurated the Yellow Line of Namma Metro, a 19.15-km stretch connecting RV Road in South Bengaluru to Bommasandra in the east. Built at a cost of Rs 7,160 crore, the corridor has 16 elevated stations and is expected to serve up to eight lakh commuters daily. The new metro line connects major areas such as Silk Board Junction, BTM Layout, Electronic City, and Bommasandra Industrial Area, home to companies like Infosys, Biocon, and TCS. By linking residential neighbourhoods to key business hubs, the corridor is expected to reduce traffic congestion, especially at Silk Board, and cut travel time significantly. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Authorities have described the Yellow Line as a 'game-changer' for Bengaluru's southern transport network. Namma metro yellow line: Metro timings Commercial operations will start on Monday, August 11. Initially, three driverless trains will run every 25 minutes from 5:00 am to 11:00 pm. The frequency is planned to increase to 20 minutes later this month as more trains are added. Namma metro yellow line fare Fares will range from Rs 10 to Rs 90, in line with existing Namma Metro pricing. A trip from RV Road to Jayadeva will cost Rs 10, while the longest journey — from Whitefield (Purple Line) to Bommasandra (Yellow Line) — will be Rs 90. Live Events Namma MYellow Line stations RV Road – interchange with Green Line Ragigudda Jayadeva Hospital – future interchange with Pink Line BTM Layout Central Silk Board HSR Layout Oxford College Hongasandra Kudlu Gate Singasandra Hosa Road Electronic City-I Konappana Agrahara Huskur Road Hebbagodi Bommasandra Namma metro yellow line: Travel time The Yellow Line is expected to reduce peak-hour travel time to Electronic City from 1.5–2 hours by road to about 45 minutes. Namma metro Phase 3 expansion Alongside the Yellow Line inauguration, PM Modi flagged off the Bengaluru-Belagavi Vande Bharat Express and laid the foundation stone for Phase 3 of Namma Metro. This 44.65-km expansion, costing Rs 15,610 crore, is expected to benefit 25 lakh residents in southern Bengaluru. The public event was held at the International Institute of Information Technology, Bengaluru campus in Electronics City.
Time of India
an hour ago
- Business
- Time of India
How AI may not be the only reason behind Indian IT layoffs, but this 'deeper problem' in the GCC trend they missed
While artificial intelligence continues to dominate headlines as the driving force behind mass layoffs in India's IT sector, a deeper structural shift is quietly reshaping the landscape: the rise of Global Capability Centres (GCCs). These in-house tech hubs, set up by multinational corporations in India, are challenging the traditional outsourcing model that once made firms like TCS, Infosys, and Wipro global giants. The industry experts believe that the GCC trend represent a 'deeper problem' and the India IT services companies are still not able to address it. What are GCCs and why do they matter GCCs enable foreign companies to insource their technology operations directly in India, bypassing third party IT service providers. The GCC model offer better control, integration and comes with long-term cost efficiency. Once dismissed as niche or temporary, the concept of GCCs has now become mainstream. Earlier, GCCs handled back-office functions like IT support and data entry but now their role has evolved. In the GCCs are now looking after AI, cybersecurity, analytics and R&D. Today more than 1,700 GCCs are operating in the country which have employed nearly 2 million people. Also, the revenue of GCCs has grown by 11% CAGR since 2015, outpacing the 8% CAGR of top Indian IT firms. Also, the GCCs now contribute 23% to India's IT exports. The shift towards GCCs has not only proven to be cost effective but it's also about strategic control. Companies such as UBS, Bank of America, and Procter & Gamble started insource in 2013. Even Citibank, which once sold its captives to Indian IT firms, is now rebuilding its own tech centres in India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No dark spots, 10 years younger! Just take this from Watsons URUHIME MOMOKO Learn More Undo The double whammy: GCCs + AI AI is definitely one of the reasons for accelerating layoffs, especially in mid-level roles focused on testing, infrastructure, and people management. But the GCC boom is also compounding the problem. GCCs are automating routine tasks internally, reducing demand for outsourced services. Also, the Indian IT firms are losing both talent and business to these models. Along with this, the traditional 'pyramid' structure — with layer of mid-level coders -- is being flattened. As a result, companies like TCS and Infosys are cutting thousands of jobs, not just due to AI, but because clients no longer need them in the same way. Why Indian IT missed the GCC signal Back in 2015, Infosys CEO Vishal Sikka invested in ANSR, a firm helping foreign companies set up GCCs. His vision was ahead of its time—but Infosys later sold its stake at a loss, and the industry largely ignored the trend. Now, with remote work normalized and digital transformation accelerating, GCCs are thriving while traditional IT firms scramble to adapt. What's next for Indian IT To survive, Indian IT firms must: Reposition themselves as GCC enablers, offering 'GCC-as-a-service' Upskill their workforce for AI-integrated roles Rethink their business models to stay relevant in a world where clients want control AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 hours ago
- Business
- Time of India
TCS Share Price Live Updates: TCS Sees a 1.7% Decline in Weekly Returns
11 Aug 2025 | 09:22:42 AM IST Discover the TCS Stock Liveblog, your ultimate resource for real-time updates and insightful analysis on a prominent stock. Keep track of TCS with the latest details, including: Last traded price 3032.0, Market capitalization: 1098596.09, Volume: 73785, Price-to-earnings ratio 22.3, Earnings per share 136.19. Our comprehensive coverage combines fundamental and technical indicators to provide you with a comprehensive view of TCS's performance. Stay informed about breaking news that can sway TCS's trajectory in the market. With our expert insights and stock recommendations, make well-informed financial decisions. Join us on this journey as we explore the exciting potential of TCS. The data points are updated as on 09:22:41 AM IST, 11 Aug 2025 Show more
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Business Standard
6 hours ago
- Business
- Business Standard
Best of BS Opinion: India must make rational choices on Trump tariffs
India must accept the fact that it simply cannot simply exit the US export market, its biggest, says our lead editorial. For example, it's textile and apparel exports alone in 2024 were worth $10.8 billion; other sectors will also be impacted, and there remains a serious risk of large-scale job losses in the face of such steep duties. Despite Trump's recalcitrance, India must continue to engage with the US, while being ready to handle unusual situations to protect its interests. At the same time, there is no denying India's long-standing ties with Russia, which cannot be diluted. For now, though, India can perhaps shift its Russian oil imports piecemeal, which will add only marginal costs to its import bill, making the shift manageable. On the other hand, the near-closure of the US market could have a bigger impact on the current account deficits, with its concomitant effects on growth and employment. At such a juncture, India should decide rationally instead of getting locked into an antagonistic position with the US. As , our lead editorial argues that India must start preparing for this disruption. The recent lay-offs at TCS signal a deeper shift of rapid and irreversible integration of AI across industries. India's IT sector has been a fairly stable provider of jobs for the middle-class and a sudden disruption is bound to have wider social and economic knock-on effects. Unfortunately, there are no quick-fixes for this, given companies can't be stopped from using new technology to boost productivity and stay competitive. The government's Skilling For AI Readiness (SOAR) programme is welcome but must be seen as the start of this agenda, not the end. Such initiatives, the editorial says, must go beyond just school education, and the nation needs to prepare for this AI shift collectively. Our lead columnist today, T N Ninan, delves into history to explain India's current predicament vis-a-vis the Trump tariffs. He recalls how US bullying in 1853 paved the way for the transformation of Japan's economy, military, and society. Today, India is right to decry the tariffs, but its weaknesses have been exposed. Trump can bully India because it can be bullied, he argues, largely because it has under-performed in ways that go beyond the rate of economic growth. What's more, the much-touted 1991 reforms were only half-done, and so-called second-generation reforms have been fitful and inadequate. Meanwhile, too much power is concentrated in a handful of conglomerates that are inward-looking and not leading a national outreach. Finally, our net FDI being reduced to near-zero is a stark message about investor confidence. Former Prime Minister Manmohan Singh once said that the world opens up to you if you are seen as America's friend. India should keep that in mind and make rational choices, given there is no country that can take the space that the US currently occupies. Any talk of using Brics and the global South as alternatives is delusional, at best. Our second columnist Debashis Basu joins issue with the idea being thrown around that the Trump tariffs could act as a trigger for second-generation reforms in the Indian economy. He says that such suggestions only highlight structural inefficiencies that have continued through multiple governments, and through every so-called crisis. In fact, he takes the position that none of these inefficiencies can be fixed, given poor governance from village-levels panchayats all the way up to the Centre. Basu also points out most Indian reform so far has not been the fallout of some crisis. Unfortunately, so-called reforms have been half-hearted measures even as bureaucratic control and corruption remain undisturbed, with low accountability and impact on competitiveness. Signature tax reforms, such as the GST, have only increased the government's revenue, which it spends on social schemes and capex, but has not led to increased productivity or competitiveness. What India lacks, he notes, ar not ideas, but the intent and the will to implement them. In today's book review, Alexandre Jacobs looks at two books that capture the digital zeitgeist in minute detail, and give him hope that the smartphone is not destroying society, as many fear. The first, Algospeak by Adam Aleksic, considers how digital habits are creating their own linguistic universe, not very unlike how modern English has evolved since Chaucer. The new digital linguists, for example, are creating words that are tailored to bypass digital censors, and subsequently enter normal usage, in the best traditions of Normal Mailer. The second book, Aiden Arata's You Have a New Memory, is a collection of essays about the internet's effects on identity and mental health, given its ability to suddenly present old photos or memories that an individual would perhaps like to be best left in the past. With this book, Arata reveals how phone use has affected her with memories both pollutive and beautiful.
Qatar Tribune
9 hours ago
- Business
- Qatar Tribune
TCS layoffs herald AI shakeup of $283 bn outsourcing sector
Agencies Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend that could end up eliminating around half a million jobs over the next two to three years from the $283 billion sector, experts said. While TCS pegged the move to shed 2 percent of its workforce to skill mismatches rather than AI-related productivity gains, experts viewed the largest-ever layoffs by India's top private employer as the beginning of things to come in the labor-intensive sector. Roughly 12,200 TCS middle and senior management jobs will be lost. The industry, which has played a crucial role in creating a middle class in India, is increasingly seeing AI being used for everything from basic coding to manual testing and customer support. The sector employed 5.67 million people as of March 2025 and accounted for over 7 percent of India's GDP. It has a huge multiplier effect due to the direct and indirect jobs it creates and the cars-to-homes consumption it drives in the world's fifth-largest economy. It has historically absorbed a majority of India's engineers but that will change as rising AI use ekes out more efficiencies and demands newer skills that many current employees lack, according to half a dozen industry veterans, analysts, and staffing firms. 'We are in the midst of a massive transition that will transform white-collar work as we know it,' said Silicon Valley-based Constellation Research founder and chairman Ray Wang, echoing other experts who warned that more layoffs are likely on the cards. The most vulnerable employees include pure people managers with minimal tech knowledge, those in charge of testing or identifying bugs and ensuring user-friendliness before delivering software to clients, and infrastructure management staff who provide basic tech support and ensure networks and servers are working well, experts said. 'About 400,000 to 500,000 professionals are at risk of being laid off over the next two to three years as their skills don't match client demands,' tech market intelligence firm UnearthInsight's founder Gaurav Vasu said, adding that about 70 percent of those layoffs would impact workers with 4-12 years' experience. 'This (fear stemming from TCS layoffs) may hurt consumer demand for tourism, luxury shopping and even delay long-term investments such as real estate,' Vasu said. TCS and its peers Infosys, HCLTech, Tech Mahindra, Wipro, Mindtree, and Cognizant collectively employ over 430,000 workers with 13 to 25 years of experience, according to staffing firm Xpheno. 'At the moment, they may appear like the big fat middle layer,' Xpheno's co-founder Kamal Karanth said. None of the IT firms responded to Reuters queries seeking comment. 'With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits - a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the same work with fewer employees,' Jefferies analyst Akshat Agarwal said in a research note. TCS, which had more than 613,000 workers before the layoffs, said in its late July announcement it was gearing up to be 'future-ready' by investing in new technologies, entering new markets, deploying AI at scale for its clients and itself, and realigning its workforce model. It did not answer Reuters queries on how many layoffs were tied to AI adoption and why it could not redeploy the affected employees. 'This is very devastating news,' said a 45-year-old, Kolkata-based TCS employee affected by the latest layoffs. 'It is very difficult for people my age to get new jobs.' Some others who are still at TCS fretted over its mediocre performance bonuses for senior employees in recent quarters, a new 'bench policy' that limits the time somebody could be without a project regardless of personal circumstances or past performance, on-boarding delays, and the emotional turmoil caused by the layoffs. 'All these developments have tanked the morale of mid-career folks like me,' a Pune-based TCS employee said. The Indian outsourcing sector has been a key employment engine since the 1990s, offering upward mobility to millions of engineers. But revenue growth has weakened recently as its clients, stung by inflation and US tariff uncertainty, defer discretionary spending and demand better cost management.
