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Cisco shares pop over 17% to record peak on earnings beat, higher annual guidance
Cisco Systems shares jumped 17.2% to $119.36 after strong Q3 results and raised revenue forecasts, driven by hyperscaler orders. Despite announcing 4,000 job cuts, the company expects Q4 revenue between $16.7 billion and $16.9 billion, benefiting from a surge in AI infrastructure demand.
Uber leases over 9 lakh sq ft Hyderabad office through 10-year lease for GCC
Uber India Systems has secured a massive office space in Hyderabad. The company will occupy over 9 lakh square feet for a decade. This deal is valued at nearly Rs 839 crore. It highlights Uber's growing commitment to India. Hyderabad continues to attract global companies for technology and operations.
Cerebras Systems IPO indicated $360.75 after pricing at $185 By Investing.com - Investing.com India
Cerebras Systems IPO indicated $360.75 after pricing at $185 By Investing.comInvesting.com India
NASA's Artemis III To Focus On Space Docking Tests Before Artemis IV's Human Moon Landing Mission
NASA's Artemis III mission's objective is to test certain key systems needed for future landings on the Moon.
L&T partners with France-based Exail for Indian Navy's unmanned mine counter measure suite
L&T and Exail will provide the Indian Navy unmanned MCM suit, incorporation autonomous and remotely operated systems designed to detect, classify, identify and neutralize naval mines in a safe, stand-off manner.
Persistent Systems, Infosys lead sell-off in IT stocks; index extends weekly drop to 7%
Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.
IT Stocks Extend Decline For Fourth Straight Session Amid AI, Growth Concerns; Persistent Systems, Coforge Lead Losses
The continued declines in the tech shares has pushed the Nifty IT Index more than 40% below its all-time high reached in December 2024.
ZF Commercial Vehicle gains as Q4 PAT jumps 15% YoY to Rs 146 cr
ZF Commercial Vehicle Control Systems India rose 1.30% after its consolidated net profit jumped 15.47% to Rs 146.32 crore in Q4 FY26, from Rs 126.71 crore in Q4 FY25.
Cybertech Systems & Software consolidated net profit declines 26.35% in the March 2026 quarter
Sales rise 1.37% to Rs 62.33 crore
Cerebras Systems prices IPO at $185 per share on Nasdaq By Investing.com - Investing.com India
Cerebras Systems prices IPO at $185 per share on Nasdaq By Investing.comInvesting.com India
ZF Commercial Vehicle Q4 profit rises 16%; board approves 5:1 bonus issue, dividend
ZF Commercial Vehicle Control Systems India Q4 net profit rose 15.5% to ₹146.3 crore, revenue up 14.2%; board okayed ₹4 dividend and 5:1 bonus issue. Shares of ZF Commercial Vehicle Control Systems India Ltd ended 2.11% lower at ₹14,342 on Wednesday, May 13.
NIIT Learning Systems Ltd leads losers in 'A' group
Sky Gold & Diamonds Ltd, Torrent Power Ltd, Cohance Lifesciences Ltd and Kirloskar Brothers Ltd are among the other losers in the BSE's 'A' group today, 13 May 2026.