BUSINESS HIGHLIGHTS

New Delhi, Jul 29 (PTI) Following are the top business stories at 2035 hours:

     DEL49 BIZ-2NDLD INDIA-US-TRADE-PACT
     * US team to visit India on Aug 25 for next round of talks for trade pact
     New Delhi: The US team will visit India on August 25 for the next round of negotiations for the proposed bilateral trade agreement between the two countries, an official said on Tuesday. *

     DEL42 BIZ-MCAP-TCS
     * TCS market valuation erodes by Rs 28,149 cr since layoff announcement
     New Delhi: Tata Consultancy Services (TCS) 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. *

     DEL40 BIZ-LD-STOCKS
     * Stock markets rebound after 3-day decline on buying in Reliance, HDFC Bank
     Mumbai: Snapping the three-day losing run, benchmark BSE Sensex rebounded by nearly 447 points on Tuesday following value buying in blue-chip Reliance Industries and financial shares. *

     DEL52 BIZ-LD RUPEE
     * Rupee hits over four-month low; ends 21 paise down at 86.91 against US dollar
Mumbai: The rupee declined to over four-month low level and closed 21 paise weaker at 86.91 against the US dollar on Tuesday, weighed down by a jump in the American currency index and a surge in crude oil prices. *
    
     DEL7 BIZ-P&G-JEJURIKAR-CEO
     * US FMCG major Procter & Gamble appoints Shailesh Jejurikar as CEO
     New Delhi: American FMCG major Procter & Gamble Company has named India-born Shailesh Jejurikar as its next Chief Executive Officer, effective from January 1, 2026. *

     DEL39 BIZ-GOLD-PRICE
     * Gold falls Rs 200 to Rs 97,820/10 g; silver trades flat at Rs 1.13 lakh/kg
     New Delhi: Gold prices fell Rs 200 to Rs 97,820 per 10 grams in the national capital on Tuesday due to persistent selling by stockists, according to the All India Sarafa Association. *

(This story has not been edited by THE WEEK and is auto-generated from PTI)