Category: Business News & Economy

Railtel Corporation’s shares surged after announcing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. This follows another recent win from Thane Municipal Corporation for a citizen engagement platform and a Goa Labour Welfare Board portal. Despite recent short-term dips, the company shows strong long-term returns and robust quarterly earnings…

Cupid shares gained 2% as the company anticipates a record Q1 FY27 revenue exceeding Rs 150 crore. Buoyed by strong market visibility, Cupid has boosted its FY27 revenue forecast to over Rs 660 crore. This optimistic outlook is fueled by diversified business, expanding global opportunities in healthcare, and growth in its condom and lubricant portfolios….

India’s top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 19.28 lakh crore. This brutal correction is fueled by macroeconomic stress in North America and the disruptive potential of generative AI. Analysts warn of further de-rating as the sector grapples with…

KPIT Technologies shares plunged 10% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a…

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The IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price band has been fixed at Rs 161-170 per share, with investors able to bid for a minimum of 88 shares.

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Despite recent flat equity returns and rupee depreciation, India’s long-term growth story remains robust, according to Sanctum Wealth’s Shiv Gupta. He advises NRIs to maintain their India allocation, highlighting financialization and manufacturing as key drivers. Gupta emphasizes understanding India’s role within a global portfolio and evaluating returns based on long-term earnings growth rather than short-term…

AI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a firm linked to TSMC. The startup, aiming to rival Nvidia, is set to begin shipping its AI chips this summer. Etched has already inked $1 billion in sales contracts and boasts an impressive…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…