Market News
Stay updated with the latest market trends, earnings, and economic indicators.
TCS signs multi-year service agreement with Canada Life
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life's data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience, increase automation, and enhance user experience for its customers.
SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAX
SpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also brought a Boeing 737 MAX back into commercial service. This expansion will boost capacity for busy travel seasons. It will also offer more flexibility on domestic and international routes.
EU Delegation To Visit Assam On June 8-9 To Explore Joint Investment Opportunities
The tour of the EU delegation will be in line with the priorities set in the joint Comprehensive Strategic Agenda agreed between the EU and India at their summit last January, the European External Action Service, officials said in a statement.
India's electric scooter boom: Mass market adoption spreads beyond metros
Electric scooter sales are expanding beyond big cities into smaller towns and rural India. This shift signals a mass-market phase for electric mobility. Established two-wheeler manufacturers are gaining ground. Consumer demand is rising due to fuel prices and growing EV acceptance. Reach, service, and trust are now crucial for success in this evolving market.
Bank of America to launch cross-border real-time payments service - Investing.com India
Bank of America to launch cross-border real-time payments serviceInvesting.com India
Kotak Alts raises $1 billion through 14th real estate fund
Kotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the fund with over six hundred seventy-five million dollars. The National Pension Service of the Republic of Korea also made its first investment in Indian alternatives. This fund will finance growth and development across Indian real estate.
India's services sector growth hits 6-month high in May
India's services sector growth touched a six-month high of 59.8 in May, boosted by healthy demand conditions, new client wins, and ongoing improvements in new business intakes, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 59.8 in May, from 58.8 in April, signalling the strongest rate of expansion since last November. The HSBC India Services PMI Business Activity Index is based on a single question asking how the level of business activity compares with the situation the month before. Strengthening demand for services such as freight, digital solutions, e-commerce, entertainment and IT reportedly boosted new business growth during May. As a result, companies lifted activity to a greater extent and continued to add to payroll numbers. Although cost pressures remained historically high across India's service economy, they receded to their lowest in four months, which supported a moderate increase in selling prices ...
India’s audio streaming apps pivot to 'hybrid' model to drive paid subscriptions
The landscape of audio streaming in India is undergoing a transformation with a dynamic hybrid model gaining traction. Services are blending free, ad-supported formats with attractive premium subscriptions to secure long-term revenue streams after several years emphasizing sheer user volume. Amazon Music stands out by introducing a three-tier structure, which includes a no-cost, ad-enabled service.
Excitel turns profitable after 10 years in a tough market
Excitel Broadband achieved its first annual net profit in FY2026. The company reported a profit of ₹40 crore on ₹530 crore revenue. This success comes from focusing on dense urban areas and state capitals. Excitel competes with larger players by offering faster speeds and better service. This marks a significant milestone for the standalone internet service provider.
Railways renews push for installing Atmospheric Water Generators
Indian Railways has renewed its push to deploy Atmospheric Water Generators (AWGs) in water-scarce areas, asking zones, production units and PSUs to identify locations where clean drinking water supply remains a challenge. AWGs generate potable water from moisture in the air and can be installed at railway stations, hospitals, staff colonies, offices, level crossings and other service areas.
BFSI firms set to see AI-led decision making & real-time fraud detection
Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not just customer service. Future plans focus on boosting productivity and customer growth through AI.
Toyota launches Urban Cruiser Ebella E3: Check price, features, variants, range and more
Toyota Kirloskar Motor has launched the Urban Cruiser Ebella E3 electric SUV. The vehicle is priced at Rs 23,60,000 ex-showroom. It features a 61 kWh battery, Level 2 ADAS, and a 10.25-inch combimeter. Toyota offers an 8-year battery warranty and multiple financial schemes. The company also provides extensive service support with trained technicians.