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Deeptech, AI cornered half of InfoEdge's startup bets in the last 12 months
Info Edge has channelled nearly half its startup investments over the past year into deeptech and AI, a shift from the consumer-tech bets that built Eternal and PB Fintech.
US, India Working On Trade Deal; Set To Collaborate On AI And Future Tech: USTR
Greer said India and the US are actively working towards a trade agreement, although he did not provide a timeline for concluding the talks.
Japan stocks extend losses as tech shares remain under pressure
The downturn followed a technology-led selloff on Wall Street, with investors becoming increasingly concerned about the scale of AI-related spending by major global technology companies.
Can Info Edge find another Zomato?
With a remarkable track record in consumer technology, involving significant investments in AI and deep tech, Info Edge (India) presents a compelling narrative. But with emerging risks and uncertain cash flows, can it maintain its growth trajectory?
Industry must adopt emerging tech to boost productivity, remain competitive: Steel Minister
Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global competitiveness and productivity. Speaking at a digitalization seminar, he emphasized that future success hinges on intelligent ecosystems, not just capacity. The minister highlighted the government's ambitious steel production targets, driven by infrastructure and manufacturing growth, and stressed that digitalization is crucial for long-term survival and enhanced safety.
Sensex jumps over 250 pts, Nifty above 23,900; Trent shares surge 4%
Indian stock markets showed resilience on Wednesday, with Sensex and Nifty recovering from previous losses. Trent shares surged, leading the gains. While broader markets dipped, IT and Pharma sectors saw modest gains. Analysts noted global tech stock volatility but highlighted India's steady growth and easing crude oil prices. However, concerns over a deficient monsoon are emerging, potentially impacting rural demand and corporate profits, prompting portfolio adjustments.
TCS, Infosys, 8 other IT stocks plunge up to 38% in 2026. How many do you own?
Indian IT stocks are facing a significant downturn in 2026, with major players like TCS and Infosys experiencing substantial drops of up to 38%. Foreign investors have divested heavily from the sector, pulling billions from Indian equities. LTI Mindtree leads the decline, followed closely by Infosys and TCS, as global capital shifts towards East Asian tech manufacturing hubs. This widespread pressure has impacted even large-cap and mid-tier IT firms.
Asian stocks today: Kospi rebounds 3% after crash, Nikkei falls amid global tech stocks sell-off
Asian stocks today: The MSCI Asia Pacific Index rose 0.8% after tumbling 3.6% on Tuesday, marking its steepest decline since early March.
Tech-Led global selloff, Fed rate fears weigh on Indian equities
Indian stock markets experienced their sharpest single-day drop in nearly a month, mirroring a global tech sell-off. The Nifty 50 and BSE Sensex both fell significantly, influenced by a strong US dollar and profit-taking after recent gains. While pharma and healthcare sectors showed resilience, most others, including metals and IT, declined. Market volatility increased, with analysts watching key support levels closely.
INR settles lower amid pessimistic global sentiments
The Indian rupee declined 11 paise to close at 94.74 (provisional) against the US dollar on Tuesday weighed down by a firm greenback and weak domestic markets. However, a decline in global crude oil prices cushioned against a sharper decline in the local unit. At the interbank foreign exchange, the rupee opened at 94.73 against the US dollar and traded in a range of 94.63-94.92 before settling at 94.74 (provisional), down 11 paise from its previous close. Indian stock indices Sensex and the Nifty50 ended notably lower on Tuesday, weighed down by weakness in global markets, FII selling and weak Indian PMI data. Global tech stocks fell amid concerns that AI-driven valuations have become overstretched, triggering heavy selling in the Indian tech space.
Accenture picks up over 1 million sq ft office in Hyderabad through 10-year lease
Accenture has secured a massive 1 million sq ft office space in Hyderabad on a decade-long lease, committing around Rs 900 crore. This significant deal at Aparna Technopolis highlights the enduring demand for large workspaces from multinational firms in India's tech hubs. The agreement, which includes substantial parking, underscores Hyderabad's growing prominence as a key destination for global companies.
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machine
Sanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now valued at Rs 41,300 crore. Early bets on companies like Zomato and Policybazaar have transformed India's digital landscape. Info Edge's strategic investments in AI and deeptech, even before the global surge, are yielding significant returns, positioning India as a hub for globally relevant tech companies.