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Sandeep Kalra maps Persistent Systems' $2B FY27 $5B FY31 ambitions
Despite AI disruption and macroeconomic uncertainties, Persistent Systems continues to pursue its $2 billion revenue target by FY27.
Paisalo Digital aims to double assets, revenue, profits with AI
Paisalo Digital, a Non-Banking Financial Company (NBFC), is set to transition to an AI-driven lending platform, potentially impacting its stock performance.
Tech Mahindra posts $1.6 billion quarter and $6.3 billion year
Tech Mahindra's Q4 revenue rose 4.9% year-on-year to $1.6 billion, driven by strong performance in manufacturing and retail sectors.
Asian stocks slip after rally as MSCI index falls 0.7%
Asian shares pulled back from record highs on Thursday as oil prices rose due to escalating tensions in the Middle East, particularly involving Iran.
Razorpay and Google Pay simplify Indian exporters' cross-border payments
Razorpay has integrated with Google Pay, enabling Indian businesses to facilitate international transactions and provide a wallet-based checkout experience for global customers.
Sensex down 700+ points, Nifty below 24,200 amid U.S.-Iran tensions
Indian markets nosedive as Sensex drops 700 points and rupee weakens beyond 94, influenced by escalating US-Iran tensions and oil supply worries.
Sensex falls 757 points to 78,516 amid West Asia tensions
The Sensex fell 757 points due to investor concerns over the fragile nature of West Asia peace talks and rising crude oil prices.
India pilots e-Rupee to curb corruption in $80B subsidies
India is testing its digital currency, the e-rupee, in welfare payments to enhance efficiency and curb corruption in government subsidies.
India planning special West Asia ships, nearly halving freight costs
The Indian government is planning to operate special vessels to West Asia, aiming to offer exporters cheaper freight rates for their goods.
Sensex drops after Iranian ship seizures in Strait of Hormuz
The Nifty 50 and BSE Sensex experienced a downturn amid escalating tensions in the Strait of Hormuz. Concurrently, Brent Crude prices remained above $100 per barrel.
Gold falls after oil tops $100, dimming rate cut hopes
Gold prices fell on Thursday as rising oil prices sparked inflation concerns, dampening hopes for interest rate cuts.
BitDelta launches crypto trading platform in India, plans city expansion
BitDelta India has launched its virtual digital asset trading platform in the country, planning to hire over 100 people by June.
Satya Nadella announces A$25B Microsoft investment in Australia by 2029
Microsoft plans to invest $18 billion in Australia by 2029, aiming to enhance computing and artificial intelligence capabilities amidst rising demand.
Pirojsha Godrej targets ₹5L/cr mcap, plans capital and chemicals listings
Pirojsha Godrej, the leader of Godrej Properties Ltd., aims to triple the market cap of Godrej Industries Group to ₹5 trillion within five years.
Japan's Nikkei hits record 60,000 on tech and AI gains
Japan's Nikkei share average crossed the significant 60,000 level for the first time, driven by a rally in technology stocks.
PNB and Kiwi launch UPI credit card for rural users
Punjab National Bank (PNB) has collaborated with fintech firm Kiwi to introduce a RuPay-based credit card integrated with the Unified Payments Interface (UPI).
US Israel and Iran conflict raises costs for businesses worldwide
The U.S.-Israeli war with Iran is causing increased costs, supply chain disruptions, and financial uncertainty for businesses worldwide.
Gold barely budged as Iran seizes ships, Trump extends cease-fire
Gold prices remain steady as investors await clarity on potential peace talks between the US and Iran amidst escalating tensions.
Starbucks cuts tech roles to streamline operations amid restructuring
Starbucks is reportedly laying off employees from its technology teams as part of a larger restructuring effort, according to an internal memo.
Asian markets rally after President Trump extends U.S.-Iran cease-fire
Asian markets, including Japan's Nikkei 225 and South Korea's Kospi, hit all-time highs on Thursday, bolstered by the extension of the US-Iran ceasefire.
India's IT industry sees Gen Z average tenure 1.1 years
Indian IT firms are rethinking their hiring strategies due to Gen Z's shorter job tenures, while HCLTech's CEO discusses the impact of AI on business.
Nearly 1 in 4 Indian stock investors are women
Nearly 25% of India's stock market investors are now women, with demat accounts held by them surging over 129% since 2021.
HSBC downgrades Indian stocks to underweight over Middle East conflict
HSBC has downgraded Indian equities to "underweight" for the second time in a month, citing less attractive risk-reward and potential growth risks.
Brent near $102 WTI $93 amid Strait of Hormuz tensions
Oil prices continue to rise as peace negotiations between the US and Iran remain at a standstill, escalating tensions over control of the Strait of Hormuz.
Tesla sees worldwide EV order spike amid rising gas prices
Tesla has experienced a surge in global demand, including slight growth in the US, partially due to rising gas prices following the US-Iran conflict.
Noida protests as Strait of Hormuz disruptions push LPG prices
India's factory workers are protesting due to economic hardships caused by the closure of the Strait of Hormuz, leading to increased cooking gas prices and stagnant wages.
Lululemon names former Nike executive Heidi O'Neill CEO in September
Lululemon Athletica has named former Nike executive Heidi O'Neill as its new CEO, replacing Calvin McDonald who stepped down in January.
Indian sports startups make playing easier and raise $6.5 million
A rise in sports participation is driving a boom in startups catering to everyday athletes, with platforms facilitating easier court bookings and team formations.
HCLTech outperforms TCS and Wipro but shares fall over 10%
HCLTech's CEO, C Vijayakumar, anticipates advanced AI services to cushion the blow of revenue deflation, despite geopolitical and macroeconomic uncertainties.
Rupee drops to 93.79 against US dollar amid oil surge
The Indian rupee fell for the third consecutive day, losing 30 paise to close at 93.79/80 against the dollar, driven by escalating crude oil prices and geopolitical tensions.
Gulf conflicts hit Indian alternative fundraising, managers seek Africa Europe
Indian alternative investment firms in the Gulf are facing a slowdown due to regional conflicts, causing high-net-worth individuals and institutions to become more cautious.
Tesla posts $22.4B Q1 revenue, plans over $25B AI investment
Tesla reported a Q1 revenue of $22.4 billion and announced plans to significantly increase capital expenditure, focusing on AI and robotics, as per CEO Elon Musk.
IBM stock slid 7% after hours on software division concerns
IBM's shares fell 7% after its software unit results failed to alleviate concerns about the company's AI capabilities, negatively affecting Dow futures.
Tesla plans $25B capital spend to boost AI and autonomy
Elon Musk, CEO of Tesla, anticipates a significant rise in the company's capital expenditures as it invests heavily in artificial intelligence and robotics.
Tesla posts $22.4B Q1 revenue up 16% as growth cools
Tesla's Q1 revenue increased 16% year-over-year, driven by rising automotive sales and Full Self-Driving subscriptions, despite underperforming EV delivery expectations.
Tesla Q1 profit 41 cents beats estimates as stock rises
Tesla's Q1 earnings exceeded Wall Street predictions, as CEO Elon Musk steers the company towards AI and robotics, despite struggling auto sales.
India's real estate draws $5.1 billion institutional investment, up 72%
India's real estate sector witnessed a 72% on-year jump in institutional capital to $5.1 billion in Q1, largely driven by domestic investors.
SBI chairman CS Setty says AI could upgrade financial markets
State Bank of India's chairman, CS Setty, asserts that artificial intelligence will significantly enhance risk management and operational efficiency in financial markets.
ASUS in talks to supply AI servers in India
Taiwanese tech giant Asus is negotiating with the Indian government and local cloud providers to supply advanced AI compute servers, expanding its operations beyond PCs.
TSMC to open Arizona AI chip packaging plant by 2029
Taiwan Semiconductor Manufacturing Co (TSMC) intends to open a chip packaging plant in Arizona by 2029, according to a company executive.
India telecom base reaches 1.33B driven by wireless March additions
India's telecommunications industry added 9.28 million subscribers in March 2026, raising the total to a staggering 1.33 billion users.
Strong company earnings push US stocks toward record highs
US stocks are advancing towards record highs, driven by robust earnings from major companies. This surge occurs despite rising oil prices and geopolitical uncertainties.
India electronics exports jump 24% in FY26 led by smartphones
India's electronics exports rose by 24% last fiscal year, led by a 22% increase in smartphone exports. This growth reflects the success of the government's production linked incentive program.
Surging CEO turnover in 2026 includes Apple, Disney, Walmart
Following Tim Cook's exit, a surge in CEO turnover is observed with 209 exits in January, indicating an AI-driven shake-up across major companies like Apple, Disney, and Walmart.
Indian e-commerce stocks: All about this investment option
Investing in Indian e-commerce stocks can be a profitable opportunity, given the booming online retail market.
Google signs multi-billion dollar deal with Mira Murati's AI start-up
Thinking Machines Lab, the AI start-up founded by ex-OpenAI executive Mira Murati, has signed a major multi-billion-dollar deal with Google.
Modi government wants these states to cut VAT on ATF
The Civil Aviation Ministry is in talks with the Delhi, Tamil Nadu, West Bengal, and Maharashtra governments to cut value added tax (VAT) on aviation turbine fuel (ATF).
India's Q1 housing sales down 4%: What's the reason?
The ongoing slowdown in information technology (IT) hiring and layoffs is beginning to affect India's housing market.
Why Zerodha has shut down its 'Zero1' program
Leading Indian discount broker Zerodha has announced the discontinuation of its Zero1 initiative.
India aims to outpace China in green hydrogen production
India is targeting to produce five million metric tons of green hydrogen annually by 2030.
Apple still takes App Store guidelines for external payments seriously
Apple has removed the MyFitnessPal-owned Cal AI food-logging app from its App Store, TechCrunch reported.
New online gaming rules from May 1: What has changed?
The Ministry of Electronics and Information Technology (MeitY) has announced a new regulatory framework for online gaming.
Modi government now allows ethanol blending in aviation turbine fuel
In a major push toward cleaner and alternative energy sources for aviation, the Ministry of Petroleum and Natural Gas has amended the rules governing aviation turbine fuel (ATF).
KKR captain Ajinkya Rahane joins footwear brand Chupps as investor
Cricketer Ajinkya Rahane, the captain of Kolkata Knight Riders, has invested in Mumbai-based open footwear brand Chupps. The investment value remains undisclosed.
India's fiscal deficit may hit 4.5% of GDP
India's fiscal deficit is projected to exceed the budgeted target, hitting 4.5% of GDP, research firm BMI said.
Tech Mahindra's Q4 profit rises 16% YoY to ₹1,354cr
Tech Mahindra, a leading IT services company, has reported a strong financial performance for the March quarter.
Is ₹1cr enough for you to retire in 2046?
The magic number of ₹1 crore has long been the gold standard for retirement planning in India.
Dunzo's Kabeer Biswas raises ₹102cr for new AI start-up
Kabeer Biswas, the former co-founder of Dunzo, is raising ₹102 crore (about $11 million) for his new start-up 'M.' The company has already received nearly $9 million and expects the remaining funds soon.
This IIM-B grad is driving OpenAI's enterprise sales in India
Nitin Bawankule, a seasoned sales leader from Mumbai, has been appointed as the Head of Enterprise Sales for India at OpenAI.
How Amazon will stop sale of fake products in India
E-commerce giant Amazon is intensifying its efforts to fight against the sale of counterfeit products in India.
OpenAI plans to invest $1.5B in DeployCo: What is it?
OpenAI, the company behind ChatGPT, is planning to invest up to $1.5 billion in a new joint venture with private equity firms.
Why Microsoft is facing a $2.8B lawsuit in the UK
A London tribunal has given the green light to a mass lawsuit against Microsoft, The Guardian reported.
HCLTech shares hit 52-week low today: Here we decode why
HClTech's shares plummeted by up to 10% today, hitting a 52-week low of ₹1,297.
Crude oil prices hover near $100 as US-Iran tensions linger
Crude oil prices have remained stable in early Asian trading on Wednesday, April 22.
Akasa Air adds more jets as fleet hits 38
Akasa Air, the airline that started operations in August 2022, has added a new Boeing 737 MAX 8-200 aircraft to its fleet.
Lufthansa cancels 20,000 flights as jet fuel prices double
Deutsche Lufthansa AG, Europe's largest airline group, has announced plans to cancel 20,000 short-haul flights from its European summer schedule.
Sensex tanks over 800 points: What's behind today's decline?
The Indian stock market witnessed a major downturn on Wednesday, with the Sensex and Nifty 50 both seeing significant losses.
Chip giant ASML to lay off 1,700 employees amid restructuring
Dutch chip equipment maker ASML is set to lay off around 1,700 employees.
SpaceX strikes deal to buy AI start-up Cursor for $60B
SpaceX, Elon Musk's rocket and satellite company, has announced a major deal with artificial intelligence (AI) start-up Cursor.
PPF or FD: Which has higher interest rates?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
NRI loans: All about this option
Navigating the world of loans can be tricky, especially for non-resident Indians (NRIs) looking to invest in India.
HCL Tech's Q4 FY26 profit rises 4.2% YoY to ₹4,488cr
HCL Technologies, India's third-largest IT firm by market capitalization, has announced a 4.2% year-on-year (YoY) increase in its consolidated profit for the March quarter (Q4 FY26).
Why India has paused bilateral investment treaty talks with UK
India and the United Kingdom have put their bilateral investment treaty (BIT) negotiations on hold.
Elon Musk purchased SpaceX stocks worth $1.4B last year
Elon Musk, the CEO of SpaceX, bought $1.4 billion worth of shares from current and ex-employees last year.
Brands are now turning to AI chatbots to boost visibility
As the digital landscape evolves, brands are now focusing on visibility within AI chatbots like ChatGPT and Gemini.
Indian flights now can't use Pakistani airspace till May 24
Pakistan has extended its ban on Indian aircraft using its airspace by another month.
SpaceX: Elon Musk to retain voting control even after IPO
SpaceX is set to go public with a valuation of $1.75 trillion and plans to raise $75 billion.
Fintech stocks: All about this investment opportunity
India's fintech revolution is changing the way we look at financial services.
Air India announces 4-day sale on international routes: Check deals
Air India has launched a limited-period Summer Sale, offering major discounts on international flights.
Why Air India inked 10-year deal with aerospace giant Thales
Air India has signed a 10-year deal with French aerospace and defense giant Thales.
Groww shares hit record high today: What's the reason?
Stocks of Billionbrains Garage Ventures, the parent company of online brokerage platform Groww, surged 10% to a record high of ₹216 on the Bombay Stock Exchange (BSE) today.
SpaceX president made $86M in 2025. Musk earned $54k
SpaceX president and COO Gwynne Shotwell raked in a whopping $85.8 million in total compensation last year, according to a company prospectus. The figure makes her one of the highest-paid executives in the US.
INOX Clean Energy wants to raise $1B via IPO
INOX Clean Energy Ltd, a major player in the renewable energy sector, is said to be reviving its initial public offering (IPO) plans.
Mumbai airport: Flights paused between 11:00am-5:00pm on May 7
Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai will halt all flight operations for six hours on May 7.
Your health insurance premium might go up 10-15% in 2027
Health insurance premiums in India are likely to increase by 10-15% over the next year, industry experts have said.
Why Trump's Board of Peace held talks with DP World
US President Donald Trump's 'Board of Peace' has held talks with Dubai-based multinational company, DP World.
Alex Jones's controversial platform 'Infowars' might have a new owner
The Onion, a popular satirical website, is planning to lease Alex Jones's controversial platform Infowars.
Is Amazon making shopping unaffordable on other websites?
California's Attorney General Rob Bonta has accused Amazon of engaging in a widespread price-fixing scheme.
Tim Cook is still the bridge between Apple and Trump
Tim Cook may be stepping down as Apple's CEO, but his role in the company isn't going to change much.
Sensex jumps over 700 points: What's behind today's rally?
The Indian stock market opened on a strong note on Tuesday, with the benchmark indices witnessing a sharp rise.
Is Tim Cook a billionaire? Here's Apple CEO's net worth
Apple CEO Tim Cook will step down from his position in September 2026. Veteran executive John Ternus will succeed him.
Oil prices dip as US-Iran peace talk expectations rise
Oil prices fell on Tuesday, reversing the sharp gains from the previous session.
Gold, silver prices steady as oil spikes and dollar strengthens
Gold prices held steady on Tuesday, with COMEX gold trading at $4,833.10 per ounce, a marginal gain of 0.09%.
From 1998 to 2026: Here's Tim Cook's journey at Apple
Tim Cook, the man who turned Apple into a tech giant, is stepping down as CEO after 15 years in the role. On September 1, he will hand over the reins to John Ternus.
Who is John Ternus, Apple's new CEO replacing Tim Cook?
Apple has announced that John Ternus will succeed Tim Cook as the new CEO on September 1, 2026.
Jeff Bezos's AI venture seeks $10B funding at $38B valuation
Jeff Bezos's artificial intelligence (AI) venture, Project Prometheus, is on the verge of securing a massive $10 billion in funding. If successful, this would value the start-up at an impressive $38 billion.
India's fertiliser output hits 5-year low amid input shortages
India's fertilizer production has plummeted to a five-year low in March, declining by a whopping 24.6% year-on-year.