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In Brief

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TCS loses Rs 28K cr market cap in two days 

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New Delhi: Tata Consultancy Services has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year. On Tuesday, the bellwether stock declined 0.73 per cent.

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Decathlon to scale up India sourcing

New Delhi: French sporting goods retailer Decathlon will increase sourcing from India for its global operations to USD 3 billion by 2030, with a focused push in high-potential categories such as footwear.

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