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Redington shares rally 15% after Q1 profit surges 77%; revenue rises 35% YoYRedington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on rec...- Landslides disrupt traffic on Kedarnath Highway in Rudraprayag; restoration underwayHeavy rainfall caused landslides and erosion along the Kedarnath Highway in Rudraprayag district. District officials inspected the affected...
- Johnson & Johnson seeks to end decade-long talc litigation with $5.5 billion settlementJohnson & Johnson has struck a substantial deal worth more than five billion dollars, aimed at settling numerous lawsuits that allege cance...
- US strikes $58.6 billion Patriot missile deal amid rising stockpile concernsThe US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons sto...
- Coforge shares rally 5% after strong Q1 earnings; net profit surges 63% YoYCoforge shares surged after the IT services firm reported strong Q1 FY27 results. Net profit jumped 63% YoY, while revenue from operations ...
- Coforge Q1 profit up 63% to Rs 519 crore; revenue rises 24%The company also had a planned exit from two projects in the quarter, impacting revenue of $15 million from a India government portfolio, a...
- Coforge Q1 Results: Profit soars 63% to Rs 519 crore driven by Encora acquisition, AI-led services demandCoforge reported a remarkable 63.3 percent increase in profits for the June quarter, driven by the recent acquisition of Encora and a surge...
- Nvidia behind $50 billion lease on Texas data center, FT reportsIn an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soarin...
- Coforge shares surge 7% after Q1 profit spikes 63% YoYCoforge shares jumped after the IT services company posted a strong Q1 FY27 performance, with net profit rising 63% year-on-year and revenu...
- Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
- GCCs, MNCs drive large office transactions across India's commercial realty marketLarge occupiers drove India's office market expansion in early 2026. Global Capability Centres and tech firms sought Grade A office campuse...
- IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
- Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
- Mphasis reports 11% rise in Q1 net profit, revenue beats estimatesThe Bengaluru-headquartered company’s revenue for the three months ended June 30 rose 17.5% year-on-year and 3.3% quarter-on-quarter to Rs ...
- Delhi HC rejects ANI’s interim injunction plea against OpenAI, says AI training prima facie ‘fair dealing’The Delhi High Court has refused to stop OpenAI from using news agency ANI's content. Storing public content for AI training may be fair de...
- Delhi HC rejects ANI’s interim injunction plea against OpenAI, says AI training prima facie ‘fair dealing’The Delhi High Court has refused to stop OpenAI from using news agency ANI's content. Storing public literary works for AI training may qua...
- Coforge secures over $230 million AI transformation contractCoforge announced a significant five-year contract valued over $230 million. This AI-led transformation engagement is with a major European...
- Buy, Sell or Hold? Citi maintains buy on Meesho; Elara Capital recommends buy on Vishal Mega MartBrokerages issued fresh post-earnings calls on three stocks. Citi raised its Meesho target to Rs 220 (17% upside) based on strong pricing p...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
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