The Nifty IT index fell 2% as global concerns over AI regulation and infrastructure spending stoked doubts about client budgets and the sector’s earnings outlook. The Nifty IT index fell 2% on Wednesday, with nine of its 10 constituents losing…
Revenue and deliveries surged, but Suzlon’s EBITDA margin fell as lower-margin turnkey projects grew and services contributed less. The company is betting that this shift will strengthen its role in India’s wind-power expansion. Suzlon Energy has just posted record deliveries,…
Revenue rose 12.5% year on year and EBITDA margins improved, but the company did not disclose a separate AI revenue figure as previously indicated. Happiest Minds Technologies reported higher revenue and improved margins for the quarter ended September 30, but…
The dollar weakened, Asian shares fell and gold rose after Democrats took control of both chambers of Congress, though investors weighed how much of the party’s agenda could become law. Markets were on edge on Wednesday as Democrats secured control…
Net interest income rose 14 per cent and margins improved in the September quarter, supporting a broadly positive analyst outlook despite uneven forecasts and near-term risks. State Bank of India’s latest quarterly results left analysts broadly constructive on the lender’s…
A year-long sell-off has cut the value of at least 63 listed companies by more than 50%, with losses spanning sectors from renewable energy to technology and financial services. India’s broader stock market has been rough enough over the past…
NSE’s September-quarter profit rose 23% to Rs 2,578 crore, while brokerages cited its dominant market position and potential reforms as reasons for optimism despite regulatory and technology-cost risks. Brokerages stayed positive on the National Stock Exchange after its September quarter…
A softer GIFT Nifty points to a cautious open as investors weigh profit-taking against support from lower oil prices, renewed foreign buying and hopes of tax changes. Indian equities are set for a cautious open on Wednesday after a powerful…
India’s market watchdog has reportedly cleared Razorpay’s IPO plans, paving the way for a possible early 2027 listing at a valuation below the payments group’s 2021 private-market peak. Razorpay has won regulatory approval from India’s market watchdog for an initial…
In a scorecard of 56 reports, three in five companies that beat at least one key estimate still saw their shares fall, as investors focused on the outlook. A narrow review of this earnings season suggests Wall Street has been…
Revenue rose 11% in the September quarter, but higher expenses and a Rs 316.28 crore US antitrust settlement weighed on profit. Lupin reported a sharp drop in quarterly profit for the three months to 30 September 2026, even as revenue…
Shares in Indian suppliers that rode the data-centre boom are increasingly tracking US technology stocks, putting richly valued AI-linked businesses under pressure as investors question the pace of future spending. The belief that American technology companies will keep pouring money…
