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Should investors buy TCS, Infosys ahead of Q4 results or AI risk too big to ignore?
Indian IT stocks face pressure ahead of Q4 results, with Nifty IT down nearly 20% this year. Investors weigh a potential buying opportunity against structural concerns like weak global demand and the significant impact of AI. Brokerages remain cautious, expecting subdued growth and mixed margins, with a focus on FY27 guidance.
Why BofA takes a contrarian call cutting India’s earnings estimates for second time in a row?
All other EMs are offering much better growth than India, and at cheaper valuations as well, says Amish Shah, head of India research at BofA Global Research
Airtel expands 5G footprint with 4,300 sites in eastern Uttar Pradesh
Bharti Airtel has significantly expanded its 5G network in eastern Uttar Pradesh. Over the past year, more than 4,300 new 5G sites were deployed across 48 districts. This expansion covers 34 million people in urban centers, growing towns, and rural villages. The enhanced network ensures faster and reliable connectivity for work, education, and digital services for millions across the region.
Bab al-Mandab Strait: All you need to know about the latest focal point after Hormuz
As per The Economist's estimates, around 16% of all seaborne global trade passes through the Bab al-Mandab Strait, compared to 6% through the Strait of Hormuz. This includes all trade, not just energy or fossil fuels.
Why gold, silver are falling despite persistent global tensions
Gold and silver dip as a stronger US dollar and rising yields offset safe haven demand from US Iran tensions, complicating inflation and rate outlooks.
Wipro appoints Nagendra Bandaru to lead new AI-native unit; rejigs leadership
Wipro has appointed Nagendra Bandaru as CEO of its new AI-native business unit, aimed at scaling enterprise AI offerings, alongside key leadership changes across its technology services and global markets.
TCS, Infosys, other IT stocks rise up to 3% on Accenture’s Q2 results. What are analysts saying?
Indian IT stocks surged following Accenture's robust results, which beat revenue expectations and saw record bookings. The global IT giant also raised its full-year revenue growth forecast. Analysts see strong AI-driven demand, particularly in financial services, though macro uncertainties persist. Valuations are now considered attractive.
Manappuram, Muthoot Finance shares in focus after Gold prices sell-off in global markets
Rising fears of the economic impact of the war, a stronger US Dollar, dwindling prospects of rate cuts from the US Federal Reserve, are all contributing to the downside for bullion. All of these scenarios, are negative for the yellow metal.
Tata Elxsi sets up offshore tech centre in Pune for AI-driven healthcare solutions
Tata Elxsi launched a global offshore development centre for Tokyo-based Terumo Corporation to enhance cardiac and vascular solutions using AI and GenAI. Shares of Tata Elxsi ended lower on Thursday, March 19, by 4% at ₹4,039.30 on the NSE.
TCS partners Amadeus to drive AI-led airline retailing transformation
TCS announced a global partnership with Amadeus to modernize airline retailing. TCS will develop the Service Center User Interface for the Amadeus Nevio platform.
Tata Steel shares in focus as firm set to merge Neelachal Ispat Nigam, invest up to $2 billion in Singapore arm
Tata Steel shares will be in focus after the company approved the merger of Neelachal Ispat Nigam and a $2 billion investment in its Singapore arm. It also plans to acquire full control of Medica TS Hospital. The moves aim to streamline operations, support global subsidiaries and enhance long-term growth.
Tata Steel to merge Neelachal Ispat Nigam; approves up to $2 billion for Singapore arm
Tata Steel's board has given the nod for a groundbreaking merger with its subsidiary, Neelachal Ispat Nigam Limited, marking a pivotal moment in its growth strategy. Furthermore, the company is set to invest up to two billion dollars in its global subsidiary, T Steel Holdings. Shares of Tata Steel Limited closed 4.41% higher at ₹195.40 on the BSE on March 17, up ₹8.25.