In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
02 Jul, 2026, 01.29 PM IST
Paint stocks tumble up to 48% from their peaks. Is the worst over?Paint stocks have declined sharply from their 52-week highs, correcting between 10% and 48%, as investors turn cautious due to rising compe...
02 Jul, 2026, 12.18 PM IST
KPIT outlook disappoints, analysts push growth recovery to FY28KPIT Technologies shares tumbled nearly 17% after issuing a weaker-than-expected outlook for FY27. European automakers, facing profitabilit...
02 Jul, 2026, 11.26 AM IST
Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
02 Jul, 2026, 08.45 AM IST
KPIT outlook shock sends IT stocks sliding as growth worries intensifyMid-cap IT stocks faced a significant downturn Wednesday, led by KPIT Technologies' warning of a near-term revenue slowdown. This has ampli...
02 Jul, 2026, 05.31 AM IST
US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
01 Jul, 2026, 07.24 PM IST
Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
01 Jul, 2026, 05.10 PM IST
KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages saidKPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, includi...
01 Jul, 2026, 02.37 PM IST
IT growth vectors "clearly missing"; EV capex pullback hits ER&D players: Mayuresh JoshiIndia's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies like KPIT. Near-term macro risks, ...
01 Jul, 2026, 01.32 PM IST
Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explainedKPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cut...
01 Jul, 2026, 11.56 AM IST
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
01 Jul, 2026, 09.20 AM IST
Centre extends duty relief on key petrochemical products till July 15The government has extended the import duty exemption on about 40 key petrochemical products by 15 days, now until July 15. This move aims ...
30 Jun, 2026, 05.16 PM IST
Pankaj Tibrewal sees stronger top-line growth driving India's next earnings cycleIndian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next ...
30 Jun, 2026, 01.47 PM IST
Persistent CEO brushes off market rout, says Nagarro growth will reward investorsPersistent Systems' shares came under pressure on Monday with investor concerns over the deal's size, execution risks and the uncertainty a...
30 Jun, 2026, 10.53 AM IST
Oil cools, monsoon heats up concerns for India's rural economyThe recent drop in crude oil prices is providing some relief from inflation worries. Yet, the unpredictable monsoon season poses a serious ...
29 Jun, 2026, 09.39 PM IST
Auto ancillary sector revenue grew 12.5% in FY26 on volume gains and improved product mix: ReportIndian auto ancillaries witnessed robust revenue growth of 12.5% in FY26, driven by strong volumes and a better product mix. While EBITDA a...
29 Jun, 2026, 09.13 AM IST
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
29 Jun, 2026, 05.55 AM IST