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Zaggle sets aside $25 million for acquisitions in FY27, eyes US deal for international foray
Zaggle, the innovative spend management platform, is earmarking between $20-25 million for strategic acquisitions. With ambitions set on the US market, the company plans to acquire one firm in America and potentially one or two in India. This initiative not only signifies Zaggle's robust expansion strategy but also follows their impressive FY26 performance, marked by notable revenue and profit growth.
Tata Consultancy Services Ltd down for fifth straight session
Tata Consultancy Services Ltd is quoting at Rs 2278.9, down 0.93% on the day as on 13:19 IST on the NSE. The stock tumbled 35.78% in last one year as compared to a 4.71% slide in NIFTY and a 25.93% fall in the Nifty IT index.
Tata Power Company Ltd down for fifth straight session
Tata Power Company Ltd is quoting at Rs 410.5, down 1.89% on the day as on 13:19 IST on the NSE. The stock jumped 3.41% in last one year as compared to a 4.71% slide in NIFTY and a 13.91% spurt in the Nifty Energy index.
KPIT Tech to Eternal - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment
The Indian stock market is set for a muted start, with GIFT Nifty trading at 23,431. The Sensex and Nifty 50 have declined for four consecutive sessions, driven by rising crude oil prices and foreign fund outflows, indicating a negative short-term trend.
Nifty trades below 23,600 level as intense selling continues on domestic bourses
The domestic equity barometers extended losses in early afternoon trade as rupee weakness, sustained foreign fund outflows, elevated crude oil prices, and renewed concerns over the fragile U.S.-Iran ceasefire weighed on investor sentiment. The Nifty continued to trade below the 23,600 level. Oil & gas shares witnessed some bit of value buying at lower levels.
Oracle Financial Services Software Ltd down for fifth straight session
Oracle Financial Services Software Ltd is quoting at Rs 9277.5, down 0.73% on the day as on 13:19 IST on the NSE. The stock jumped 6.47% in last one year as compared to a 3.97% slide in NIFTY and a 22.99% fall in the Nifty IT index.
Coforge Ltd gains for fifth session
Coforge Ltd is quoting at Rs 1381.5, up 0.98% on the day as on 12:44 IST on the NSE. The stock is down 16.89% in last one year as compared to a 3.91% drop in NIFTY and a 22.91% drop in the Nifty IT.
Trust MF’s Mihir Vora sees earnings driving markets, stays bullish on industrials and renewables
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains overweight on the industrial theme, particularly renewables, capital goods, and manufacturing-linked investments supported by production-linked incentive (PLI) schemes.
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?
Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These homegrown companies aim for the mass-premium segment, offering stylish footwear. While consumers are willing to spend, building trust remains a key challenge for these new players. The market is experiencing significant growth, especially in metro cities.
Q4 Results LIVE Updates: L&T shares decline over 3%, Coforge up 8% post earnings; Bajaj Auto report today
Q4 Results LIVE Updates: It is yet another busy day for markets on Wednesday, May 6, as the over 60 firms are scheduled to report their earnings, including one Nifty 50 company Bajaj Auto, which will also be announcing its share buyback today. L&T has been downgraded by Nomura, while Coforge valuations are attractive as per analysts. Watch this space for all the LIVE updates.
SEBI sets ₹20,000 crore mutual fund AUM rule to classify significant indices
SEBI clarifies criteria for significant indices, sets AUM threshold, registration rules and review norms to boost transparency and governance for index provider.
Underperforming Tata Group stock surges most since listing after Q4 results, guidance
Tata Tech delivered one of the strongest growth prints in the ERD space, with constant currency revenue rising 12.4% sequentially, ahead of Street estimates of around 10%. Organic growth stood at 7.8% quarter-on-quarter, while the rest was driven by the Es-Tec acquisition.