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CAS chaos continues: Sensex rises 114 points, but Nifty closes below 24,400. What lies ahead?Indian benchmark indices ended mixed on expiry day, with the Sensex gaining 114 points while the Nifty slipped over 40 points. Broader mark...
Zetwerk files updated IPO papers with Sebi; plans to raise Rs 2,600-cr via fresh issueZetwerk Manufacturing Business Ltd has updated its IPO papers to initiate a substantial Rs 2,600 crore offering. The funds raised are earma...
Sensex falls over 200 points, Nifty below 24,450 as oil nears $90/barrel. What lies ahead?On Wednesday, Indian stocks experienced a downturn as oil prices approached $90 per barrel. Analysts attribute this decline to geopolitical...
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocksLIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within thirty-five days after a contraria...
Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
Technology sector funds dominate July returns; 9 mutual funds deliver over 10% gains. Should investors ride the rally?Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investo...
Mahindra Q1 net profit rises 34%, standalone earnings beat estimatesMahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles ...
'Manthan 2.0' is here; M&M to shift into 'attack mode' amid global churn, says Anand MahindraAnand Mahindra described the global economy as entering 'Manthan 2.0' with new uncertainties. Mahindra & Mahindra will now move into 'Attac...
AI now bringing us customers we would never have won otherwise: M&M's Anish ShahMahindra & Mahindra is now acquiring new customers and generating revenue through artificial intelligence. AI helps compress engineering ti...
M&M Q1 Results: Standalone profit rises 7% YoY to Rs 3,685 crore; revenue jumps 23%Mahindra and Mahindra reported a seven percent net profit rise for the June quarter. Consolidated profit after tax increased thirty-four pe...
Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
Top 5 IT services companies see 3.3% staff productivity boost in Q1, as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in JulyForeign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreig...
Indian IT stocks buck global tech slump, climb on earnings beat and AI optimismIndian information technology stocks rallied Tuesday after global AI pressure eased. Coforge reported significant revenue and profit increa...
Sensex falls 70 points, Nifty closes below 23,400 as HUL, BEL, other stocks react to Q1 earningsIndian stock markets closed lower on Tuesday after erasing early gains. Sensex and Nifty experienced a slight decline, while broader market...
TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-...
India's IT giants grapple with weak growth despite resilient deal momentumInfosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue ...