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HCLTech shares jump 7%; CLSA says stock will achieve this landmark for fourth straight year
Brokerage firm CLSA expects HCLTech to maintain its FY27 revenue growth and margin guidance despite the near-term demand environment.
Tata Group-owned IHCL to invest Rs 6,000-7,500 crore in capex over five years: Chandrasekaran
Indian Hotels Company Limited (IHCL) is set to invest between Rs 6,000 crore and Rs 7,500 crore in capital expenditure over the next five years. Tata Group Chairman N Chandrasekaran revealed this at the company's AGM, highlighting plans for the upcoming 50-floor, 500-room Taj Bandstand in Mumbai, a project expected to cost around Rs 2,000 crore and become an iconic landmark.
K2 Infragen bags Rs 158.58 crore railway electrification order from Konkan Railway
In a landmark achievement, K2 Infragen Ltd has been awarded a prestigious contract worth Rs 158.58 crore by Konkan Railway Corporation Ltd. The undertaking will overhaul railway electrification infrastructure throughout vital areas of the North Western Railway. The scope of work includes the comprehensive design, provision, installation, testing, and commissioning of advanced electric traction systems.
Government gives final nod to Emirates NBD's $3 billion majority stake in RBL Bank
Dubai's Emirates NBD has secured all necessary approvals for its significant investment in RBL Bank. This landmark deal, valued at approximately $3 billion, will see Emirates NBD acquire a majority controlling stake. The transaction is set to be completed soon. RBL Bank will operate as a foreign bank subsidiary. This marks a major cross-border investment in India's financial sector.
Intellect wins landmark partnership with 37 Canadian financial institutions
Intellect Design Arena announced that 37 Canadian financial institutions, which are participants of the National Digital Banking Working Group (NDBWG), have selected Intellect to deliver a world-class digital banking experience to over 262,000 credit union and financial institution members across 5 provinces.
Netweb Technologies Q4 results: Revenue leaps 90%, profit after tax jumps to ₹706 million, up 66% YoY — Key highlights
Netweb Technologies, provider for AMD, Intel, Nvidia and Samsung, called FY26 a “landmark” year, with full-year revenue jumping 90% YoY to ₹21,836 million. PAT for the quarter stood at ₹706 million, representing 65.7% YoY growth.
Elon Musk vs Sam Altman Day 2: Tesla boss testifies he founded OpenAI as nonprofit to counter Google
Elon Musk took the stand on the second day of his landmark lawsuit against OpenAI, testifying that he founded the AI company as a nonprofit to benefit all of humanity. He accused Sam Altman of betraying those founding principles.
Young woman says she was on social media all day long as a child in landmark addiction trial
Young woman says she was on social media 'all day long' as a child in landmark addiction trial