Foreign funds return to Indian tech stocks on AI growth bets

Global money managers are warming up to the shares of Indian software exporters again as they focus their activities on artificial intelligence.While revenues from developing AI-based products are still small, analysts and investors are excited about the growth shown by companies including Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd. TCS said revenue […]

Most top Indian investors see their net worth fall in the July-September quarter

The net worth of most of India’s richest individual investors fell in the July-September quarter as market declines eroded the values ​​of several portfolios. Benchmark Nifty ended 2.9% and 1.4% lower in July and August, but recovered 0.8% in September. The Nifty Midcap 150 and Smallcap 250 indices fell 4.3% and 6.2% respectively between July […]