Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG Electronics, TD Power Systems, and Inox India.
Board of Persistent Systems approves acquisition of Germany-based Nagarro
At board meeting held on 26-27 June 2026
India IT Firms Scale Up AI, Earn $10-12 Billion In Services Revenue
Nasscom also said around 85% of technology service providers now have agentic AI platforms, signalling a rapid shift towards autonomous AI systems capable of executing complex tasks with minimal human intervention.
Bajaj Auto cyber security incident: Co says key biz functions like manufacturing operating normally
Bajaj Auto confirmed on Friday that its manufacturing, sales, and service operations are functioning as usual following a cybersecurity incident reported on June 23, 2026. The company is actively investigating the ransomware attack that affected its systems and subsidiary, Bajaj Auto Technology Ltd. Despite the ongoing probe, Bajaj Auto is prioritizing business continuity and ensuring uninterrupted service for its stakeholders.
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.
Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized?
Infosys wins digital banking deal from Philippines lender Sterling Bank
Sterling Bank of Asia will adopt Infosys Finacle's cloud-based banking platform as it upgrades its core banking systems, adding to Infosys' growing presence in Southeast Asia.
India's AI infrastructure opportunity is being underestimated, says Abhay Laijawala
Abhay Laijawala, MD & CIO-India at Lighthouse Canton, believes key concerns weighing on India—including oil prices, currency stability and the perception that India lacks an AI story—are turning into tailwinds. He argues investors are overlooking India's role in the global AI infrastructure buildout, spanning data centres, power, cooling systems and capital goods. Laijawala is positive on engineering, capital goods and textiles, while remaining cautious on consumer staples due to El Niño risks.
Route Mobile reports cybersecurity incident at Colombian unit
Route Mobile said that a a cyber security incident has occurred at Masivian S.A.S which has impacted certain systems within the Masivian environment located in South America, primarily in Colombia, and relates only to customers and systems based in C
Centre approves Rs 530 cr for intelligent transport system in Chennai
Chennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the project will enhance efficiency and handle growing demands. Key features include advanced traffic control at numerous junctions, incident detection, and real-time information systems. The Greater Chennai Corporation anticipates full operation by August 2026, promising a smoother commute for residents.
'China's Version Of Mythos': 360 Develops Tool Designed To Automatically Discover Software Vulnerabilities
Zhou conceded that Chinese models still trail US systems by roughly 20-30% in base capability.
Japan's Kioxia plans US depository shares amid surging AI driven NAND demand
Kioxia plans to offer US depositary receipts between April and June 2027 to tap US investors as AI driven demand for storage systems expand.