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Mythos Risk Prompts India To Test For Financial Software Flaws
The companies, which don't currently have access to Mythos, are using Anthropic's Claude Opus 4.7 AI software to patch vulnerabilities
India Inc's foreign investments more than double in April
Indian companies significantly boosted overseas investments in April. Direct investments surged to $3.37 billion, more than doubling from March. Equity investments led this growth. Coforge was a major investor, with other companies like Lupin and Wingify Software also making substantial commitments. These investments spanned various sectors and regions, indicating active global expansion by Indian businesses.
India Inc's foreign investments more than double in April
Indian companies significantly boosted overseas investments in April. Direct investments surged to $3.37 billion, more than doubling from March. Equity investments led this growth. Coforge was a major investor, with other companies like Lupin and Wingify Software also making substantial commitments. These investments spanned various sectors and regions, indicating active global expansion by Indian businesses.
Aurionpro wins 3-year deal with US based fintech platforms
Aurionpro Solutions, through its US-based subsidiary Aurionpro Fintech Inc., announced its largest order win in the US market with the signing of a strategic three-year engagement with one of the leading fintech platforms in the United States specializing in digital insurance payments. The engagement marks a significant expansion of Aurionpro's existing relationship with the customer, which currently leverages our cutting-edge payments framework software and allied services.
Aurionpro Solutions shares jump 4% after securing $33 million US fintech deal
Aurionpro Solutions shares rose after Aurionpro Fintech Inc signed a three-year, $33 million deal with a leading US digital insurance payments platform under which it will provide proprietary software and advanced technology solutions.
TCS tops ₹1 lakh crore net worth despite buybacks, mega dividends
Tata Consultancy Services crossed the ₹1 lakh crore net worth milestone in FY26 despite massive dividend payouts and buybacks, highlighting the financial strength and cash-generating ability of India’s largest software exporter.
US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in Bengaluru
Financial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 floors. This transaction highlights strong activity in India's office leasing market. Global Capability Centres are expanding their teams for engineering and AI. Intuit's expansion underscores its commitment to its India development centre.
Oracle Financial Services Software Ltd soars 2.69%, rises for third straight session
Oracle Financial Services Software Ltd is quoting at Rs 9662, up 2.69% on the day as on 12:49 IST on the NSE. The stock is up 14.53% in last one year as compared to a 3.87% fall in NIFTY and a 21.31% fall in the Nifty IT index.
OFSS jumps 6% to 15-month high, up 60% from March lows; buy, sell or hold?
Share price of Oracle Financial Services Software, a majority-owned subsidiary of Oracle, rallied 6% to ₹10,000.50, its highest level since January 24, 2025, on the BSE in Tuesday's intra-day trade.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
AI reset erases nearly half of IT majors’ value
India's top software exporters are projected to lose $200 billion in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45% since December 2024, with TCS and Wipro experiencing over 50% declines. This erosion, while significant in absolute terms, is not unprecedented for the sector.
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 300 pts, Nifty above 23,450; BEL, ... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 300 pts, Nifty above 23,450; BEL, ...The Economic TimesWhy did stock market crash today? Sensex closes over 1,400 points down - Rs 10.16 lakh crore investors weThe Times of IndiaWhy the Indian Stock Market May Be Entering a Long Phase of Low ReturnsThe QuintSensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8%EquitymasterNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 13 MayMintStock Market Crash Highlights: Nifty, Sensex Register Longest Losing Streak Since January; TCS, Infosys lead IT Stocks SelloffNDTV ProfitStock Market Live, May 12: Sensex plunges 1,456 pts, Nifty closes at 23,379, Rupee falls to 95.63/$ on Iran-US deadlockBusinessLineSensex Today | Stock Market Highlights: Sensex crashes 1,456 points, Nifty ends below 23,400; heavy selloff in midcaps, smallcapsMoneycontrol.comRs 16.77 lakh crore gone! Stock market crash over four days leaves investors with deep losses; what’s theThe Times of India