Tata Consultancy Services (TCS) ended FY26 with a workforce of 5,84,519, down 23,460 from the previous financial year. The IT major reported ₹1,388 crore in restructuring expenses, according to its filings. Of this, ₹1,268 crore was utilised during the year, reflecting costs related to employee exits and related measures. The company reported a net profit of ₹49,210 crore in FY26.

The RBI has proposed introducing a ₹1 lakh crore asset threshold for classifying upper-layer non-banking financial companies (NBFCs). Under the proposed amendments, the upper layer will comprise NBFCs with an asset size of ₹1 lakh crore or more, based on their latest audited financial statements. The central bank has also proposed including government-owned NBFCs in this classification.

The Nifty 50 index has delivered zero returns in dollar terms over the past four and a half years, Moneycontrol reported, citing data from DSP. The rupee's sharp fall against the US dollar is one of the key reasons behind the erosion in returns. Foreign investor outflows, geopolitical concerns and soaring oil prices have also weighed on the index.

Top pre-market gainers include iSpecimen (ISPC), soaring 69% on a new shipping model, and Wellgistics (WGRX), up 45% after ending a share agreement. Erayak Power (RAYA) rose 34% following a capital raise. Stocks moved as US equities edged lower amid lingering US-Iran tensions and Trump's criticism of reported Hormuz Strait tolls.

TSMC shares jumped 2% pre-market after Q1 revenue surged 35% to $35.6 billion, topping estimates. Driven by strong data center demand and price hikes, the record quarter highlights resilience despite supply chain risks. Investors await full earnings on April 16, with the stock up 20% year-to-date.

Shares of Wipro Ltd rose in early trade on the Bombay Stock Exchange (BSE) after the company announced that its board will consider a share buyback proposal at its upcoming meeting on April 16, alongside the declaration of its fourth-quarter results. The stock gained as much as 3% during the early session.

Deendayal Port Authority in Kutch District of Gujarat has advanced methanol bunkering, achieving Level 6 readiness and conducting a successful shore-to-ship trial on April 2, 2026. The port plans 500 KTPA e-methanol supply by 2028–29 to support green shipping corridors. The move strengthens India’s push for net-zero maritime emissions by 2050 and boosts global trade competitiveness.

Nebius (NBIS) stock dipped 1% pre-market after a 50% five-day rally driven by Nvidia's investment, a Meta cloud deal, and potential acquisition talks with AI21 Labs. Cantor Fitzgerald initiated coverage with an 'Overweight' rating, citing strong long-term prospects for AI infrastructure due to persistent supply-demand imbalances.

Sanjay Saini, a farmer from Saharanpur, UP, has built a ₹1.5 crore dehydration business by turning perishable crops and herbs into high-value dried products. Dehydration boosts the value of fruits, vegetables and herbs ten times, making farming highly profitable and not dependent on market rate fluctuations. He also exports products to Australia and France.

Scaramucci says Tesla’s valuation is inflated by Elon Musk’s 'cult of personality' despite eight weeks of losses and negative cash flow forecasts. He views Tesla as overvalued but is betting big on SpaceX and xAI, citing strong conviction in Starlink and satellite infrastructure as superior long-term investments.