Shares of Tata Investment Corporation rose as much as 13% to a day’s high of Rs 727.40 on the BSE on Thursday after The Economic Times exclusively reported that Tata Sons is preparing for an extraordinary general meeting (EGM) once the board approves the reappointment of N. Chandrasekaran as executive chairman for a third term […]
ET Intelligence Group: Will Indian software companies rise to the challenge posed by new models of artificial intelligence (AI) that are transforming the way business solutions are implemented and delivered to customers? While the jury is still out, one thing is clear: domestic software exporters are far from unprepared. Both large and mid-sized IT companies […]
Agreements with the U.S. and European Union helped allay fears that geopolitics and tariff turbulence would continue to weigh on the $5.2 trillion market. However, this relief has done little to offset concerns about business fundamentals, especially after Indian stocks posted the worst returns among major global peers in January.Earnings growth has been lagging for […]
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 […]
ET Intelligence Group: The third quarter earnings season for the IT sector has started on a positive note with each of the top two software exporters, including Tata Consulting Services (TCS) and HCL Technologies (HCL Tech), reporting better-than-expected revenue and profit figures for a historically weak quarter due to festive season. While each of them […]
The combined market valuation of seven of the top 10 most valued companies fell by Rs 35,439.36 crore last week during a curtailed holiday period, with State Bank of India taking the biggest hit, in line with a subdued trend in equities.Last week, the benchmark BSE rose 112.09 points or 0.13 percent. Among the top […]
The combined market valuation of five of the top 10 most valued companies rose by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers.While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, State Bank of India, Larsen & Toubro […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.Last week, the BSE Sensex rose 1,346.5 points or 1.62 percent and the NSE Nifty rose 417.75 points or 1.64 percent. Markets staged a strong […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,55,710.74 crore last week during the holiday shortening, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers, amid a positive trend in domestic equities. Last week, the benchmark BSE rose 259.69 points or 0.30 percent. On […]