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Bosch shares jump 3% after acquiring Bosch Chassis Systems for Rs 9,068 crore. Check details
Bosch share price surged 3% after the company approved the acquisition of a 100% stake in Bosch Chassis Systems India (BCSI) for Rs 9,068.68 crore. This strategic move aims to transition Bosch from a component supplier to an integrated solutions provider, encompassing vehicle systems, software, and hardware.
GCCs managed to ward off AI impact on hiring—not anymore
Novartis, Celanese, Eli Lilly and Hyundai have opened AI-dedicated centres to explore automation of internal processes and segments. New AI tools that can automate finance, legal, HR, and software development-related tasks threaten the workforce at GCCs.
‘Death of Software?’ Anand Mahindra calls AI doom ‘Greatly Exaggerated’ amid IT stock crash
Indian IT stocks face sharp corrections amid AI disruption fears. Anand Mahindra advises against extreme AI doomsday predictions. He believes AI will pressure IT firms to adapt, focusing on outcomes and value delivery. While some roles may change, new opportunities in AI integration and governance will emerge.
Momentum Stocks: Dr Lal PathLabs, JHS Svendgaard, Dar Credit rally on sheer momentum
A few stocks saw sharp intraday moves and hit upper circuits. California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Momentum Stocks: Visa Steel hits upper circuit; Adani Ports, Laurus Labs at new high
Visa Steel, California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Stocks to Watch Today: DOMS Industries, Krishna Institute of Medical Sciences, Prime Focus, Utkal Speciality, Brigade, Sonata Software in focus on 17 June
Stocks to Watch, 17 Jun: Stocks like Sonata Software, Utkal Speciality Industries India, Cyient, Brigade Enterprises, Prime Focus, Bharat Forge, Krishna Institute of Medical Sciences, Wipro, and DOMS Industries will be in focus on June 17.