Infosys ADR’s 40% spike is linked to a “bizarre” technical glitch, report says

While India’s second largest IT services company Infosys on Friday dismissed all material reasons for the excessive rise in its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE), a report by a Canada-based newspaper, The Chronicle Journal, has linked the development to a bizarre technical glitch related to ticker mapping.“The ‘mystery’ behind […]

Indian banking sector is poised for stronger performance in the second half of FY26: CareEdge Ratings

Banks expect stable credit growth and margins and sustainable asset quality, boosting confidence in the sector’s resilience, according to an assessment of the BFSI sector’s performance by the rating agency. | Photo credit: Getty Images According to CareEdge Ratings, the Indian banking sector is poised for stronger performance in the second half (H2) of FY26, […]