Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Not sensors or AI, why revolving tyres may become the next big thing in vehicle safety
Future car safety is shifting from reacting to problems to predicting them, with a new focus on understanding tyre grip and road conditions in real-time. Instead of adding more hardware, software could analyze existing vehicle data to estimate traction limits before a car loses control. This innovation promises safer driving, especially in challenging conditions, without increasing manufacturing costs.
Medical device maker Zimmer Biomet to hire 500 employees in 3 years for tech centre in India
Medical device giant Zimmer Biomet is set to significantly expand its Indian footprint by hiring 500 professionals over three years for its new Bengaluru technology hub. Focusing on AI, software engineering, and R&D, the company aims to drive innovation in orthopedic implants and surgical devices. This move underscores India's growing importance as a global capability center for healthcare firms.
Sterling Bank selects Infosys Finacle SaaS platform for its transformation program
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
Bosch Home Comfort OFS: Bosch Global Software Technologies to exercise green shoe option
Shares of Bosch Home Comfort India Ltd ended at ₹1,405.95, up by ₹127.80, or 10.00%, on the BSE.
Stocks to Watch for June 18: Lupin, HFCL, RVNL, Apollo Hospitals and more
Lupin, HFCL and RVNL have announced key business wins, while Bosch Global Software Technologies plans an OFS in Bosch Home Comfort India. Apollo Hospitals has also settled an RBI compounding case with a ₹17.8 crore payment. Here are stocks to watch ahead of Thursday’s session.
Bosch Home Comfort OFS: Bosch Global Software likely to sell 7.97% stake
Shares of Bosch Home Comfort India Ltd ended at ₹1,284.70, down by ₹65.30, or 4.84%, on the BSE.
Share of services in exports rises to 48.8% in FY26
India's services exports have seen significant growth. The services sector now accounts for nearly half of the country's total exports. This rise is fueled by the IT sector and digital service delivery. Software services lead this expansion. Overall exports have also increased substantially. This trend highlights India's growing global trade presence.
Cognizant To Exit Nasdaq-100 After Two Decades; AI Firms Added In Quarterly Rebalance
The removal is part of the June quarterly rebalance and comes amid higher pressure on global software stocks.
Infosys completes CMMI AI Maturity Framework and Pilot Assessment
Infosys has successfully completed and contributed to the CMMI AI Maturity (AIM) Framework and Pilot Assessment, conducted by CMMI Institute, a global leader in helping organizations reduce risk, boost performance and build capability. Through this collaboration, Infosys assisted with the advancement of the CMMI AIM framework contributing deep enterprise-scale perspectives on AI governance, responsible deployment, and outcome-driven practices that helped define how AI maturity is assessed and operationalized across global organizations. Infosys is among the first select group of organizations recognized globally to complete the pilot assessment, demonstrating a structured and responsible approach to scaling artificial intelligence across enterprise grade software engineering, agentic capabilities, and service delivery.
Carmaker caution drags India's engineering services companies
Global automakers are reprioritizing R&D spends, shifting focus away from new EV and software-defined vehicles platform development toward sustaining existing model portfolios
Nifty IT logs best run in a year at 4%; TCS, Infosys lead way
Indian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported by improving global software sentiment and expanding enterprise AI adoption. Factors like rupee depreciation and strong orderbooks also contribute. Analysts anticipate further upward movement in the IT benchmark.
Top Gainers & Losers on June 2: Newgen Software Tech, Concord Biotech, TCS, HFCL, NMDC among top gainers
On June 2, Indian stocks rebounded with benchmarks up over 0.5%, driven by technology shares. The Nifty 50 and Sensex closed at 23,506 and 74,692, respectively. However, India fell to seventh in global market capitalisation due to overseas selling and weak earnings growth.