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As enterprise AI shifts from cost-saving to revenue generation, the ET Most Innovative AI Product Awards 2026 recognise AI innovations driving customer experience, marketing excellence and measurable business growth.
Rising credit default swaps on major technology companies are fuelling concerns over a potential AI-driven market correction. Investors are drawing parallels with Michael Burry’s successful 2008 bet, while surging AI spending, leverage and elevated valuations intensify debate over whether markets are becoming overheated.
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Indian stock markets extended gains on Thursday after the US Federal Reserve paused interest rates. However, some policymakers signaled a potential rate hike later this year. Broader markets experienced declines while select large-cap stocks led the Sensex higher. Rising Brent crude prices and a split Fed decision present significant headwinds for markets. The Indian economy’s…
Vedanta’s board has approved a demerger of its real estate business. This will create a new pure-play real estate company called Vedanta Property Platforms. Shareholders will receive one new share for every twenty held in Vedanta. The company plans to list equity shares of VPPL on stock exchanges. This move aims to unlock value from…
European shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S. interest rate outlook against a steady flow of corporate earnings. Energy stocks gained on higher oil prices, while Schneider Electric surged after raising guidance.
Kospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, before things began to go downhill. While South Korea’s stock market grabbed headlines as the world’s best-performing stock market this year so far, analysts were quick to point…
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Shares of Balkrishna Industries jumped 8% after the tyre maker reported a 50% year-on-year rise in June-quarter net profit, driven by strong volume growth. The company also outlined ambitious 2030 growth targets backed by a Rs 6,800 crore capex plan.
Vedanta’s net profit surged seventy-two percent year-on-year for the first quarter. Revenue from operations also increased fifty-four percent during the same period. The company’s EBITDA soared ninety-eight percent to its highest level ever. EBITDA margin improved significantly, excluding the copper business segment. These strong financial results reflect a robust performance for Vedanta.