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Here's how the US markets, other asset classes are reacting to the fallout in US-Iran negotiations
Incidentally, despite the developments on Monday, all three indices made new record highs. The S&P 500 crossed the mark of 7,600 for the first time, while the Nasdaq also ended higher led by continued buying in tech and AI-linked stocks. The Dow Jones also recovered from the lows of the day to end around the flat line.
Medtech exporter Poly Medicure bets on high-tech pivot and acquisitions to fend off macro headwinds
The medtech major expects its growth rate to more than double in FY27 as it pivots from low-cost consumables to high-value equipment to counter Chinese competition and rising input costs.
Offices gear up for a green makeover
Companies are choosing eco-friendly office designs and materials to push for carbon neutrality goals. Office fit-outs contribute significantly to waste and emissions. Green interiors can lower costs and reduce waste. Circular approaches offer adaptable workspaces. This shift is crucial for long-term value and resilience in India's evolving office market.
Colgate-Palmolive India leans on premium products, advertising to drive growth
Colgate-Palmolive India is boosting investments in premium products and advertising. The company prioritizes volume-driven growth over margin expansion. This strategy aims to capture rising consumer demand for higher-value oral care. Urban demand is recovering, benefiting premium offerings. E-commerce and quick commerce are significant growth drivers, especially for premium products.
Va Tech Wabag secures repeat order from Delhi Jal Board
Va Tech Wabag secured a medium value Design, Build, Operate (DBO) order, from the Delhi Jal Board (DJB) towards Design, Engineering, Construction and Commissioning (EPC), followed by Operation & Maintenance (O&M) of 17 MGD Wastewater Treatment Plant (WWTP) at Mitraon along with Sludge Dewatering Facility, Pumping Stations and associated piping works.
Inside India’s biggest banking and financial services tech hubs
Standard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office roles in India. This move aligns with a broader trend of financial firms leveraging AI and tech hubs in India for both support and higher-value functions, though some, like Wells Fargo, are also consolidating operations.
India’s office fit-outs could cut embodied carbon emissions by up to 55%
Corporates are increasingly adopting green office interiors and recycled materials to achieve carbon neutrality. With India's office leasing booming, fit-outs are a significant, yet overlooked, source of waste and emissions. Circular approaches can reduce lifecycle costs, waste, and carbon emissions by 25-55%, offering a strategic advantage for long-term value and resilience.
INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise value
INOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move signifies INOXGFL's aggressive expansion in India's clean energy sector. The conglomerate has recently made several strategic acquisitions, bolstering its renewable energy portfolio. This acquisition further strengthens its position in the rapidly growing market.
PRO FX revenue jumps 37% to Rs 177 crore in FY26, profit rises 24% on premium AV demand
PRO FX Tech saw significant growth in FY26. Revenue jumped 37% to Rs 177 crore, and net profit rose 24% to Rs 15 crore. This success was fueled by strong demand for premium audio products and effective operations. The company navigated economic challenges through cost management and a focus on high-value customers.
Hindustan Zinc to roll out AI-driven solutions across mining, manufacturing operations
Hindustan Zinc Limited is set to generate two thousand crore rupees in value. This will be achieved by implementing artificial intelligence solutions across its mining and manufacturing operations. The company is collaborating with deep tech startups to enhance production and optimize costs. This strategic move aims to drive smart manufacturing and solidify its position as a leader in the industry.
US markets witness a bloodbath as tech selloff and rising yields weigh on markets
US stocks tumbled as S&P 500 and Nasdaq erased over 1 trillion in value, tech and chip shares led losses, yields and oil surged, Trump-Xi summit disappointed, Microsoft rose on Bill Ackman stake
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.