Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: ZF Commercial Vehicle Control Systems India, Glenmark Pharmaceuticals, and BPCL. Here’s his view on Nifty, Bank Nifty and the top stock picks for…
Bengaluru: TCS CEO K Krithivasan has said annualised revenue from AI services reached $1.5 billion, growing 16.3% quarter-on-quarter. Over 85% of clients with revenues above $20 million leverage TCS for AI work.“A massive internal transformation is underway, and we are encouraging all our associates to adopt an AI-first culture. Every time we take on a…
New Delhi: India Inc is projected to post 9% salary growth in 2026, with auto and high tech (product and consulting) leading the trend, according to global HR consulting firm, Mercer India.Salary increases this year were largely in the high single-digit range, aligned with a moderating economic environment.From a global perspective, India continues to stand…
Mumbai: The rupee bounced back to close at 90.38 against the dollar, up 65 paise from Tuesday’s close of 91.03, following aggressive intervention by RBI. The rupee rose as much as 1% during the day, recovering to a high of 90.08, marking its biggest single-session gain in two months. The move reversed part of the…
Bengaluru: Meesho’s shares closed at Rs 216.3 on Wednesday on the NSE, hitting the 20% upper circuit and nearly doubling their IPO price within days of debut. The e-commerce company’s stock has gained about 95% since it got listed on Dec 10 at Rs 111 per share. The surge, which has pushed the company’s market…
New Delhi: Japanese financial services giants are placing mega bets on India.Mitsubishi UFJ Financial Group is all set to pump in over $4.4 billion (around Rs 40,000 crore) to acquire an over 20% stake in Shriram Finance, with the deal likely to finalised on Friday. The transaction will be among the biggest in the financial…
New Delhi: The International Monetary Fund (IMF) is likely to raise India’s GDP growth forecast for the current fiscal year closer to 7%, former IMF deputy managing director Gita Gopinath said on Wednesday.“This Oct, IMF revised up India’s growth for 2025 to 6.6%. But that came in before the second quarter growth numbers came out….
New Delhi: IndiGo was quizzed on Wednesday by a parliamentary committee over the misery inflicted on passengers by its mass-cancellation of flights, but it blamed a variety of factors, including system glitch and adverse weather conditions, while DGCA and the aviation ministry parried off criticism of their role in the fiasco.Some committee members termed replies…
NEW DELHI: The US administration for children and families (ACF) under the department of health and human services wrote to the governors of 39 states, calling on them to safeguard Social Security benefits meant for children in foster care. In letters sent on Thursday, the ACF flagged concerns alleging that state child welfare agencies are…
The government on Wednesday said it has simplified and streamlined the visa process for Indian companies seeking to bring in foreign professionals, including engineers and technical experts, whose services are required for production-related activities such as machine installation, quality checks, training and plant design.The move is expected to benefit domestic firms that import machinery from…
