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India Inc's foreign investments more than double in April
Indian companies significantly boosted overseas investments in April. Direct investments surged to $3.37 billion, more than doubling from March. Equity investments led this growth. Coforge was a major investor, with other companies like Lupin and Wingify Software also making substantial commitments. These investments spanned various sectors and regions, indicating active global expansion by Indian businesses.
India Inc's foreign investments more than double in April
Indian companies significantly boosted overseas investments in April. Direct investments surged to $3.37 billion, more than doubling from March. Equity investments led this growth. Coforge was a major investor, with other companies like Lupin and Wingify Software also making substantial commitments. These investments spanned various sectors and regions, indicating active global expansion by Indian businesses.
US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in Bengaluru
Financial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 floors. This transaction highlights strong activity in India's office leasing market. Global Capability Centres are expanding their teams for engineering and AI. Intuit's expansion underscores its commitment to its India development centre.
—Q4 Results Review: Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corp
HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook across a wide set of stocks including Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corp
Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation
Avi Polymers has approved the acquisition of a 90% stake in JVTR Consultants Pvt Ltd for Rs 500 crore via a share swap. This strategic move aims to expand the company's footprint in the technology and digital services sector, including IT services and software development. The acquisition aligns with Avi Polymers' vision for a more diversified and future-ready business.
KPIT Technologies shares slide 4% as Q4 profit falls 33% YoY to Rs 163 crore
KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-year decline in net profit for the March quarter. This occurred despite a healthy 12% rise in revenue. Operating expenses increased significantly. The company's board recommended a final dividend. Management cited global uncertainties impacting the mobility sector.
Stocks to Watch today: BSE, MRF, L&T, Paytm, Meesho, Biocon, Bajaj Auto
Stocks to Watch today, May 7, 2026: Mahindra Lifespaces, Deepak Fertilizers, Newgen Software, and Pidilite Industries are among the top stocks to watch today
India outflows ease, tech funds see early recovery signs: EPFR Global
Cameron Brandt, Director of Research at EPFR Global, says Korea’s AI and defence-led rally is reshaping emerging market allocations, while improving flows into software and services funds could signal a turning point for India.
Is a college education still worth it in India?
India must confront the impact of AI on jobs due to its large youth population, reliance on software services, and an oversupply of graduates. Entry-level roles are under threat as AI improves coding and automation, while the wage advantage of a college degree has been shrinking since 2011.
Infosys, Harness partner to drive AI-led software delivery transformation
Infosys and Harness announce a global collaboration to integrate AI led software delivery platforms, targeting faster, safer enterprise modernisation.
Sonata Software files bankruptcy petition against US retail client over $10.65 million dues
The IT services firm has sought damages from OBSA Operating Company in a Delaware court amid a client ramp-down in its retail segment, which contributes about 8% of Sonata’s revenue.
Goldman Says It’s Unlike Private Credit Peers Hit by Redemptions
Goldman Sachs Group Inc.’s asset management arm has sought to reassure clients that redemption rates and software exposure are both relatively low in one of its biggest retail-oriented private credit funds.