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Jefferies raises IT sector to neutral as AI trade pauses

New Delhi, July 27 -- India's IT services sector has fallen 25 per cent year-to-date, with the top four IT majors-TCS, Infosys, HCLTech and Wipro-down around 35-50 per cent from their past two-year pe... Read More


Monika Alcobev partners with Angostura, brings Caribbean brand to India

New Delhi, July 27 -- Monika Alcobev has entered into a strategic partnership with Angostura, the producer behind the bitters and one of the Caribbean's most awarded rum portfolios. Under the partners... Read More


Worldwide IT spending to grow 14.2% in 2026 to $6.37 trillion: Gartner

New Delhi, July 27 -- Worldwide IT spending is expected to rise by 14.2 per cent to $6.37 trillion in 2026 from $5.58 trillion in 2025, according to Gartner. In the latest forecast update, total IT s... Read More


Canara Bank Q1 profit rises 2% as credit growth stays strong

New Delhi, July 27 -- State-owned Canara Bank on Monday reported a 2.19 per cent year-on-year (y-o-y) increase in standalone net profit to Rs.4,856 crore for the first quarter ended June 30, 2026, sup... Read More


Infosys fined €175,000 by French labour authority over working time recording system

New Delhi, July 27 -- Infosys has been fined €175,000 or around Rs.2 crore, by a French labour authority for failing to ensure its employee working time recording system fully complied with loca... Read More


Mall space leasing outpaces new supply by 4.5x in H1 2026 : Report

New Delhi, July 27 -- Retail space leasing across India's top seven cities reached approximately 4.1 million sq. ft. in the first half of 2026, significantly outpacing new Grade A mall completions of ... Read More


PhonePe FY26 revenue rises 11% to Rs.7,920 crore; net loss widens 62% ahead of IPO

New Delhi, July 25 -- IPO-bound PhonePe reported an 11 per cent increase in consolidated revenue to Rs.7,920 crore in FY26 from Rs.7,115 crore in the previous fiscal, even as its consolidated net loss... Read More


Aster DM Quality Care to invest Rs.1,315 crore in Karnataka

New Delhi, July 25 -- Aster DM Quality Care will invest Rs.1,315 crore in Karnataka to further strengthen the healthcare infrastructure. As part of its expansion plans, Aster is developing the 550-be... Read More


Coforge secures $230+ million five-year contract with European client

New Delhi, July 24 -- Coforge has announced a five-year contract valued at over $230 millionfor an AI-led transformation engagement with a major client in Europe. This strategic engagement represents ... Read More


Caliber Mining and Logistics shares list at up to 18.8% premium over IPO price

New Delhi, July 24 -- Caliber Mining and Logistics shares made a strong debut on the bourses on Thursday, listing at a premium over the IPO price of Rs.424. The stock listed at an 18.8 per cent premi... Read More