Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.
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Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.
UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.
Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.
PhonePe has announced it has surpassed 700 million registered users on its platform. This milestone underscores PhonePe's extensive reach in India and its diverse digital offerings in payments and financial services. The company's growth is attributed to increasing consumer trust, a strong distribution network, and a focus on user-friendly digital payment experiences.
The Trinamool Congress (TMC) has accused the BJP of attempting to manipulate the upcoming West Bengal assembly elections by submitting a large number of Form 6 applications to illegally register voters from outside the state.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
Shah Rukh Khan waves to fans at Eden Gardens as rain forces KKR vs PBKS IPL match to be called off, with both teams sharing points.
IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.
Chennai Super Kings lodge complaint with BCCI over DJ comments and song played during RCB clash, calling the incident "unacceptable".
Madhya Pradesh Minister Nagar Singh Chouhan has disowned his brother, Inder Singh Chouhan, who was arrested for allegedly threatening a woman officer. The minister stated he has no connection with his brother and that his brother is responsible for his own actions.
Three people, including the CEO of a private IT company, have been arrested for alleged gangrape of a female manager of the company after a birthday party in Rajasthan's Udaipur, police said on Friday.
'When I asked Suvendu about the news that Didi was going to fight in his constituency, he said, 'Aami okhaney lorbo aar okhaney okey harabo (I will contest from there and defeat her there)' This was his comment while we were standing on the truck doing our roadshow.'
A panchayat secretary in Madhya Pradesh's Chhatarpur district has been suspended for allegedly issuing death certificates in the names of three living persons, prompting an investigation into the matter.
Tension flared outside the Chief Electoral Officer's office in Kolkata following a confrontation between Trinamool Congress supporters and police over alleged voter list manipulation, with accusations of illegal voter enrolment from other states.
'We want to become India's topmost integrated studio, working in different languages.'
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
Tata Consultancy Services (TCS) has extended 25,000 offers to freshers for the current fiscal year (FY27), with future hiring decisions contingent on the demand scenario, according to CEO K Krithivasan.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
Maharashtra has completed 66.42 per cent of its pre-Special Intensive Revision (SIR) mapping work, with significant variations in progress across different districts, according to officials.
Odisha Chief Minister Naveen Patnaik has requested Union Finance Minister Nirmala Sitharaman's intervention in a case where a tribal man was forced to exhume his sister's skeleton to prove her death to a rural bank in Keonjhar district. Patnaik urged for accountability and empathy in rural banking services.
Incidents of violence and vandalism were reported from parts of West Bengal during the early hours of voting in the second phase of the assembly elections on Wednesday, police said. The incidents were reported from multiple locations, including Chapra, Shantipur, Nimtala and Bhangar, they said.
An independent think tank on policing has called for a multi-agency investigation into the recent unearthing of a spurious Mounjaro (tirzepatide) injection manufacturing racket in Gurugram, offering free-of-cost forensic expertise.
The All India Football Federation met with Genius Sports and Indian Super League club owners to discuss a major proposal regarding the league's commercial rights, focusing on a long-term vision for India's top-tier competition.
The ICC CEO Sanjog Gupta marked the ground breaking of the cricket venue for the 2028 Olympics as a historic moment, fulfilling a 128-year promise to bring cricket back to the global stage. The venue, also home to the Los Angeles Knight Riders, signifies cricket's growing global appeal and its integration into the Olympic movement.
The Election Commission has announced a stringent security plan for the second phase of the West Bengal assembly polls, ensuring voters can exercise their franchise without fear. Security personnel will be deployed constituency-wise, and area domination exercises will be stepped up in sensitive neighbourhoods. CCTV cameras will be installed at every polling station, and central forces will remain deployed at booths.
'Do you really want to live with a man who has no respect for you or the marriage?' asks rediffGURU Ravi Mittal, CEO of online dating web site Quack Quack and Rebounce, a matrimony platform.
Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.
US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.
Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.
Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.
'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'
West Bengal Chief Minister Mamata Banerjee and Abhishek Banerjee will hold a virtual meeting with counting agents to ensure there are no lapses during the vote counting process.
Paralympic gold medallist Sumit Antil, supported by Neeraj Chopra, has filed a complaint with the Sports Authority of India (SAI) accusing coach Naval Singh of mental harassment and verbal abuse.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
Delhi Capitals and Chennai Super Kings, both with eight points from nine games, face off in a crucial IPL match in Delhi. Both teams need a win to stay in contention for the playoffs.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.
