Indian benchmark indices Sensex and Nifty saw an early rebound, driven by strong performances from blue-chip HDFC Bank and major IT firms like HCL Tech, which reported a significant rise in net profit. Track Sensex, Nifty on October 13.
HCL Group, a USD 14.8 billion conglomerate, has announced a new partnership with the DP World Professional Golf Tour of India (PGTI). This collaboration aims to leverage technology and innovation to strengthen India's professional golf ecosystem, broaden the sport's reach, and enhance experiences for players, fans, and partners.
Indian squash players Tanvi Khanna and Suraj Kumar Chand were defeated in the semifinals of the HCL Squash PSA Challenger Tour in Kolkata. Both top seeds lost to Egyptian opponents, setting up all-Egyptian finals for both the men's and women's titles.
Egyptian squash players Seif Refaay and Sohayla Hazem secured the men's and women's titles, respectively, at the HCL Squash PSA Challenger Tour. Refaay, the third seed, overcame top seed Mohamed Gohar, while third seed Hazem defeated second seed Menna Walid in their respective finals.
Indian fourth seed Sanya Vats was defeated by top seed Rouqaia Othman of Egypt in the semifinals of the HCL Squash PSA Challenger Tour in Chennai, ending her impressive run in the tournament.
Joachim Chuah of Malaysia and Rouqaia Othman of Egypt, both top seeds, have won the men's and women's titles respectively at the HCL Squash PSA Challenger Tour-Chennai, held at the Indian Squash Academy.
Sanya Vats is the only Indian player to qualify for the semifinals of the HCL Squash PSA Challenger Tour in Chennai, defeating compatriot Unnati Tripathi in the quarterfinals. She is set to face top seed Rouqaia Othman of Egypt in the next round.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
HCLTech has announced a global partnership with Anthropic to establish a dedicated business unit focused on developing agentic AI solutions for enterprise clients using Anthropic's Claude. The collaboration aims to help businesses adopt AI systems that operate with minimal human intervention, prioritising safety, cybersecurity, and governance. HCLSoftware will also integrate Claude into its enterprise products.
HCL Technologies' software division, HCLSoftware, is set to acquire Croatia-based enterprise RPA provider Robotiq.ai for 9 million euro. This strategic acquisition aims to enhance HCLSoftware's AI-driven workflow capabilities and automate tasks in complex business environments, with the deal expected to close by November 2026.
Indian squash players Velvan Senthilkumar and Tanvi Khanna have successfully qualified for the semifinals of the HCL-SRFI PSA Challenger Tournament in Mumbai. Senthilkumar overcame a tough start against Egypt's Abdullah Hafez, while Khanna defeated Japan's Zoe Foo, setting up exciting semifinal clashes against Egyptian and Japanese opponents respectively.
Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.
India's Om Semwal defeated Spain's Hugo Jaen in a hard-fought five-game match at the HCL Squash PSA Challenger Tour in Mumbai. Several other Indian players also advanced in both men's and women's categories, showcasing strong performances on home ground.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
Indian squash players Ananya Narayanan, Pooja Arthi Raghu, and Anika Dubey secured victories in the women's first round of the HCL Squash PSA Challenger Tour in Chennai. The tournament also saw international players from Sri Lanka, Egypt, Spain, Malaysia, Kuwait, and Scotland competing in both men's and women's categories.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's ambitious shift from mobile phone assembly to advanced microchip manufacturing, data centres, and artificial intelligence. He highlighted significant investments and growth in the digital economy, attributing the transformation to the "double-engine government's" alignment with national initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. Adityanath also criticised previous administrations for hindering the state's potential.
Indian IT stocks have experienced their most significant weekly surge in 18 years, with the Nifty IT index climbing 11.72 per cent, as a global sell-off in AI-linked equities redirected investor attention towards India's IT services sector. This shift aligns with a JP Morgan report identifying India as a 'natural AI hedge' due to its large, liquid market and strong domestic institutional investor base.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant drop on Monday, with the Sensex falling by nearly 548 points, primarily due to a fresh spike in crude oil prices, persistent foreign fund outflows, and rising bond yields.
Indian benchmark indices Sensex and Nifty rebounded in early trade after two days of losses, driven by easing crude oil prices and strong buying in blue-chip IT stocks, despite continued global uncertainties. Track Sensex, Nifty on September 30.
Indian squash players Shameena Riaz and Om Semwal have caused significant upsets at the USD 15,000 HCL-SRFI PSA Challenger tournament in Mumbai, defeating top seed Hayley Ward and third seed Diego Gobbi respectively. Riaz, a recent Asian Games team selection, rallied from a game down, while Semwal secured a five-game victory. Both players have now advanced to the quarterfinals.
Indian benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by softer-than-expected US jobs data which reduced expectations of aggressive monetary tightening by the US Federal Reserve, boosting risk appetite across emerging markets.
Indian benchmark indices, Sensex and Nifty, closed significantly higher, driven by a combination of easing crude oil prices, fresh foreign fund inflows, and a positive trend observed in global equities.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the Reserve Bank of India's (RBI) recent repo rate hike and its signal for continued monetary tightening, coupled with rising crude oil prices and foreign fund outflows. Track Sensex, Nifty on October 8.
The US government has suspended eight major IT firms, including Microsoft, Tata, Infosys, and Wipro, from the Permanent Labour Certification Programme, which allows companies to apply for green cards for foreign workers. This action, announced by Vice President J D Vance, Labour Secretary Keith Sonderling, and Attorney General Todd Blanche, is part of an effort to prevent American workers from being shut out of the job market. The Department of Labour cited abuse of the system, particularly by Microsoft, and also initiated an investigation into the J-1 visa programme used by several universities.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
Indian equity benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, driven by elevated crude oil prices, persistent foreign institutional investor (FII) outflows, and high US Treasury yields.
Indian benchmark indices, Sensex and Nifty, recorded their fourth consecutive day of losses, driven by relentless foreign institutional investor (FII) outflows, rising bond yields, and a significant surge in crude oil prices, impacting overall investor sentiment.
Indian benchmark indices, Sensex and Nifty, experienced a decline in early trade due to relentless foreign institutional investor (FII) outflows, although a drop in crude oil prices below USD 100 per barrel provided some cushioning. Track Sensex, Nifty on October 1.
'Indian IT firms must hire and train more Americans while reducing dependence on sending employees from India to the US.'
Indian benchmark indices, Sensex and Nifty, saw early gains driven by strong buying in IT stocks like HCL Tech, Tech Mahindra, TCS, and Infosys, alongside a significant boost from HDFC Bank.
'...but could demotivate employees seeking US residency.'
Hindustan Copper Limited CMD Anupam Misra spoke at the 85th CSIR Foundation Day, advocating for workplace safety, employee welfare, and scientific excellence. He stressed the importance of continuous learning, innovation, and bridging research with industrial applications to support Viksit Bharat 2047. CSIR-NML Director Dr. Sandip Ghosh Chowdhury also highlighted CSIR's legacy and its role in India's technological self-reliance.
India has strongly criticised the US decision to suspend the Permanent Labor Certification (PERM) program for eight major IT firms, including Indian giants like TCS and Wipro. New Delhi also condemned US Vice President JD Vance's description of foreign professionals as "indentured servants," calling it "unwarranted and deeply offensive." The move is expected to impact thousands of Indian tech professionals seeking permanent residency in the US and further strains bilateral ties.
Tata Consultancy Services (TCS) has stated that the recent suspension of eight IT firms, including itself, from a US green card programme will not impact its workforce strategy or customer engagements, citing its low number of applications and focus on local hiring.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
India's Suraj Kumar Chand triumphed over South Korea's Jeongmin Ryu to win the HCL Squash PSA Challenger Tour title in Chennai. Egyptian Rouqaia Othman won the women's final.
Indian benchmark indices Sensex and Nifty experienced volatile trading, influenced by elevated crude oil prices, high US bond yields, and selling pressure in IT stocks, despite an early rebound.
Indian benchmark indices, Sensex and Nifty, saw gains in early trade, driven by a notable drop in crude oil prices and renewed buying interest from Foreign Institutional Investors (FIIs).
Suraj Kumar Chand was the only Indian player to advance to the semi-finals of the HCL Squash PSA Challenger Tour at the Indian Squash Academy.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
