Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.
Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).
10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.
Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.
Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.
The Indian rupee gained 2 paise to settle at 93.33 against the US dollar, driven by positive sentiment in domestic equity markets and renewed hopes for US-Iran talks, despite rising WPI and CPI inflation.
Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.
Punjab's AAP leader Baltej Pannu has criticised the central government's changes to the Bhakra Beas Management Board (BBMB) appointment rules, claiming it's an attempt to control the state's river waters.
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.
'It was diminishing even before Trump came to power.' 'The US was at the centre of the global economy. That position is going to become less and less important and less central.'
Crude oil prices experienced a sharp decline after US President Donald Trump announced a temporary halt to military strikes on Iran's energy infrastructure, easing geopolitical tensions and supply disruption fears.
The question is whether the clocks allow enough time for two deeply mistrustful sides to get there, and whether the surface calm holds long enough for the paddling to produce something before the ceasefire ends on April 22, notes Prem Panicker in his must read blog on the Iran War.
The Indian Air Force's Tejas light combat jets are scheduled to return to the skies next week after being grounded for two months due to a software glitch. HAL expects to deliver over 20 Tejas Mark 1A variants by December, but delays persist due to engine supply issues.
External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.
The Indian government has revised its natural gas allocation priorities, placing LPG production alongside CNG and piped cooking gas at the top, due to disruptions in imported gas supplies caused by the conflict in West Asia.
India's quick-commerce (qcom) industry is facing significant profitability challenges in metro markets due to saturation and intense competition, with the number of dark stores already exceeding profitable capacity, according to a Bernstein report.
Railway traffic on both Central and Western lines were affected, throwing train schedules out of gear and affecting office goers.
A minor fire broke out at Terminal 1 of Mumbai's Chhatrapati Shivaji Maharaj International Airport due to a short circuit, but was quickly brought under control with no impact on airport operations or any casualties.
Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.
Israel's Defence Minister Israel Katz has stated that Israel is prepared to escalate military action against Iran, pending approval from the United States. This comes as US President Donald Trump says he would not use nuclear weapons in any conflict with Iran, while also claiming the US has 'total control' over the Strait of Hormuz.
Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing the party of looting West Bengal for 15 years, destroying the state's identity through corruption and infiltration, and turning Jadavpur University into a symbol of disorder.
The Haryana government has approved expenditure of 1,028 crore for various projects across multiple departments, including police housing, public works, and irrigation, aiming to enhance infrastructure and public services in the state.
Power supply has been restored to several areas in Kashmir valley, which had plunged into darkness because of collapse of the power infrastructure due to heavy snowfall.
"Overdrawing of power by neighbouring states and low voltage has led to power disruption," a senior Maharashtra State Electricity Board official said.
Qlik and ServiceNow have announced a partnership to integrate data analytics and AI into enterprise workflows, enabling faster and more informed decision-making.
Union Home Minister Amit Shah addressed poll rallies in West Bengal, promising to resolve the Gorkha issue constitutionally and offering a development package for north Bengal if the BJP is voted to power.
BJP leader Nitin Nabin accuses the Mamata Banerjee-led TMC government of altering West Bengal's demography by favouring infiltrators and neglecting the rights of the state's residents, promising to rectify the situation if the BJP comes to power.
'Workers are being pushed into 12- to 14-hour shifts under poor conditions. These largely leaderless protests are likely to continue.'
The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.
West Bengal Chief Minister Mamata Banerjee has refuted Prime Minister Narendra Modi's claims regarding the state's fish production, accusing him of misrepresenting facts and alleging restrictions on non-vegetarian food consumption in BJP-ruled states.
Trinamool Congress leader Abhishek Banerjee accuses the central government of withholding funds from West Bengal to punish voters for supporting the TMC, while highlighting state-led initiatives to support the population.
Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.
The rapid development of artificial intelligence (AI) globally presents significant opportunities for Indian companies and will not adversely impact their businesses, Nasscom AI head Ankit Bose said on Tuesday.
India's nuclear energy share in total installed capacity remains limited, fluctuating between 1.9 per cent and 2.9 per cent from FY10 to FY24.
There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.
Voters in Kerala, Assam, and Puducherry are voting in crucial assembly elections.
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