Market News
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Sensex dives 850 pts, Nifty slips below 24,200 amid oil shock and weak global cues
The equity benchmark indices Sensex and Nifty tumbled on Thursday, extending losses for a second straight session. Firm crude oil prices and ongoing geopolitical tensions rattled sentiment. Brent crude surged for the fourth consecutive day to around $103 per barrel amid uncertainty over US-Iran talks and fresh concerns around the Strait of Hormuz. Weak Asian cues and persistent foreign fund outflows deepened the sell-off. The Nifty slipped below the 24,200 mark, dragged by auto, PSU banks and consumer durables stocks, while pharma and healthcare shares saw selective buying. Investors stayed cautious, closely tracking the ongoing Q4 earnings season for further triggers.
India’s luxury housing surges, $1 million stretch shrinks across metros
Prime residential prices in India saw a year-on-year increase in 2025, reducing the purchasable space for $1 million in Mumbai, Delhi, and Bengaluru. Despite this, all three Indian cities improved their global rankings in luxury housing markets, reflecting strong wealth creation and demand for prime properties.
Infosys Q4 Preview: Can strong earnings offset concerns around AI?
Infosys anticipates a subdued March quarter, with revenue growth slowing due to seasonal factors, though full-year targets remain achievable. Investors are keenly awaiting FY27 guidance and insights into AI's impact and discretionary spending trends amid global uncertainties. A strong deal pipeline offers a positive outlook for future growth.
Warner Chappell Music launches direct publishing operations in India; Jay Mehta to lead unified WMG strategy
Warner Chappell Music has launched direct operations in India, shifting from sub-publishing to a full-scale local presence. This move aims to provide Indian songwriters enhanced access to WCM's global network and rights management systems amidst India's rapidly expanding music economy. Jay Mehta will lead the new division, overseeing both recorded music and publishing across India and neighboring South Asian markets.
Wipro Hydraulics to acquire 100 per cent stake in Italy's Indeco Ind Spa
Wipro Hydraulics is acquiring Italy's Indeco Ind Spa. This deal will expand Wipro's offerings into hydraulic attachments. Indeco manufactures equipment for construction and demolition. The acquisition strengthens Wipro's global presence and product range. The founding family will continue to be involved in Indeco's operations. This move marks a significant step for Wipro Hydraulics.
IHCL remains confident of achieving all its goals: MD and CEO
Indian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio across India and internationally. IHCL is confident in its growth strategy and achieving its Accelerate 2030 targets. Acquisitions are bolstering its Ginger brand. The outlook remains positive despite economic uncertainties.
Infosys names Grand Slam Champion Carlos Alcaraz as global brand ambassador
Infosys signs multi year deal with tennis star Carlos Alcaraz as global brand ambassador, to co develop AI match analytics, performance app and social impact tech projects.
Groww share price rallies 7% to all-time high after brokerage BofA gives ‘buy’ rating. Do you own?
Groww share price rallied to all-time high on Wednesday after global brokerage firm BoFA gave a ‘buy’ call rating to the stock. Here's target price and share price trend of Groww shares.
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.
China uses West Asia conflict to advance yuan's global payments debut
Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises
Hindustan Unilever to focus on regaining market share: Global CEO Fernando Fernandez
Unilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative journey to innovate the company’s offerings. Recognizing the challenges posed by rivals, the company is committed to regaining its competitive edge in India.
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.