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Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...
- JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
- ETMarkets Smart Talk | Nifty in ‘bounce zone’ as valuations fall below 10-year average; de-escalation key: Harendra KumarIndian markets are showing signs of recovery. Valuations have become attractive, offering a potential cushion for equities. External shocks...
- Global Market | Chip boom drives Korea’s historic export spike amid rising oil tensionsSouth Korea's exports surged an impressive 48.3% in March, driven by a massive boom in semiconductor demand fueling the global AI race. Whi...
- Oracle Layoffs: Company trims workforce amid rising AI, data centre spends; Indian employees also impactedOracle jobs cut: The Larry Ellison-led company is slashing jobs across cloud and database units. The restructuring is aimed at transitionin...
- AI startup Yotta seeks $4 billion valuation ahead of planned IPOThe Mumbai-based company is aiming to secure roughly $500 million to $600 million in capital and then file its formal listing documents wit...
- State-run oil and gas companies spend ₹46,600 cr - 35% of FY26 capex target till AugustState-run oil and gas firms have invested ₹46,600 crore in the initial five months of this fiscal year. This represents 35% of their total ...
- Aug capex dips for key CPSEs, 4 govt entitiesCapital spending by major central public sector enterprises in India experienced a slight dip in August, marking the second consecutive mon...
- Odisha leads in Q1 private capexNew private sector project announcements in India hit a four-quarter low in the three months ending June, as per CMIE data. Despite this di...
- Is auto sales contraction signaling possible economic slowdown in India? Dr Aurodeep Nandi explainsWe have had good monsoons. Sowing data has been pretty strong. The concern there is that the rural terms of trade overall remain low relati...
- Q1 Earnings: The curious case of banking sector performanceThe financial sector’s 14.5% YoY profit growth has significantly outpaced the 2.6% YoY growth of the entire universe. This trend is consist...
- Core sector growth rises to a 14-month high of 12.1% in AugustEconomists say that the strength in the index of eight core industries, which constitutes 40% of the index of industrial production, is lik...
- FII fav stocks: Capital goods beat banks as top beneficiary in 2023Capital goods have seen an FII inflow of $4.8 billion till August, overtaking the financial services sector at $4.06 billion. FII weightage...
- FPI buying in Indian shares slows to four-month low in August: NSDLAnalysts said that the selling in financial services is due to concerns around net interest margins peaking out, but added it could be temp...
- Core sector growth eases marginally to 8% in JulyWhile the continuation of government capex (both centre and states) in July led to a strong performance in steel and cement sectors, econom...
- India's mobile user base down 3.7% in September: TraiCash-strapped Vodafone Idea lost over 4 million more subscribers in September to end with 249.1 million users, underlining its struggles to...
- C3 strategy: Credit growth, consumption and capex theme to play out over next 2 quarters, says Siddhartha Khemka“There are certain pockets where India stands out compared to global peers. We are clearly playing out something we are calling the three C...
- Brave new world: India capex in the pits; US buyback boom bottoming outIn 2018, 14 out of 15 major asset classes finished lower, with cash outperforming everything.
- India macro is coming back into attention of global investors: Chetan Ahya, Morgan StanleyThings are definitely turning around for the Indian economy
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