Nokia is set to increase its market share in India after securing a major 4G/5G deal with Vodafone Idea, replacing Chinese vendors Huawei and ZTE in key circles like Chennai and Andhra Pradesh. As part of the three-year agreement announced on September 22, 2024, Nokia will emerge as Vodafone Idea’s largest supplier, covering regions that…
The recent Israel-Hamas conflict, marked by intense hostilities, raises questions about its potential repercussions on the Indian economy. While, as of now, it seems to have minimal impact on Indian businesses, experts warn that a prolonged conflict or its expansion to neighboring Middle Eastern nations could change the equation. The Escalation of the Conflict On…
In the ever-evolving landscape of the global economy and capital markets, the past 5-10 years have witnessed profound transformations that have left an indelible mark on the Indian market. These changes have been driven by a confluence of factors ranging from technological advancements and policy shifts to evolving consumer behavior and geopolitical dynamics. This article…
The Reserve Bank of India’s latest monthly bulletin highlights growing concerns over a weakening global economy, driven by escalating trade and tariff tensions and accompanying financial market volatility. While these global developments could dampen India’s growth through reduced external demand, the RBI notes that the country’s domestic growth engines—consumption and investment—remain relatively insulated from external…
Indian IT stocks face a turbulent day as Accenture revises its revenue forecast downwards, leading to pessimism from analysts. Indian IT Sector Reacts to Accenture’s Revenue Guidance Cut The recent downward revision in revenue guidance by Accenture has sent shockwaves through the Indian IT sector, sparking concerns about the pace of revenue recovery. Market Response:…
Waaree Renewable Technologies Limited (WRTL) has reported its highest ever quarterly revenue and profit after tax (PAT) for the quarter ended September 30, 2025 (Q2 FY26). The company’s revenue from operations reached Rs 774.78 crore in Q2 FY26, a growth of 47.73% year-on-year, while PAT surged by 117.40% to Rs 116.34 crore. For the half…
After a successful year of implementing the T+1 settlement, it has shown high levels of operational effectiveness. Recently, SEBI has introduced a new option for clearing and settling funds and securities on the same day (T+0) in addition to the existing T+1 settlement cycle. According to the T+0 system, trades will be settled on the day…
The world is on the brink of a technological revolution, and businesses everywhere are eager to leverage artificial intelligence (AI) to transform their operations. Srini Pallia, CEO and managing director of Wipro, underscored this in the company’s annual report for 2023-24. Wipro’s AI-Driven Ecosystem: ai360 Last year, Wipro launched ai360, an AI-first ecosystem supported by…
Exciting news from the renewable energy sector! The Anil Ambani-led Reliance Group has announced a landmark partnership with the Bhutanese government to jointly develop 500 MW of solar and 770 MW of hydropower projects in the country. This represents the largest foreign direct investment by a private company in Bhutan’s green energy space, further solidifying…
Moody’s, the renowned rating agency, reaffirmed Tata Motors’ BA3 ratings on March 6, maintaining a positive outlook amidst the company’s demerger move. Analyzing Tata Motors’ Rating Affirmation Demerger Decision and Future Outlook Tata Motors recently announced its intention to demerge its operations into two distinct listed entities, one for commercial vehicles (CVs) and the other…
