Shares of top Indian information technology (IT) services firms fell sharply in early trade on Wednesday, mirroring the drop in US technology and software stocks overnight after American AI firm Palantir launched a new tool that threatens an important revenue stream of these companies. Shares of Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd,…
The move, aimed at platforms such as BookMyShow, signals the need for preventive protection at the most commercially sensitive moment in a movie’s life—just before or immediately after it is released. “For movies, especially big-ticket releases, early ratings on ticketing and aggregation platforms can directly influence footfall, distributor confidence, and box office performance,” said Sudhir…
Since the third quarter earnings season kicked off, the nation’s largest carmakers Maruti Suzuki India Ltd and Hyundai Motor India Ltd, commercial vehicles maker Tata Motors Ltd, two-wheeler manufacturers TVS Motor Co., Bajaj Auto Ltd, and electric scooter maker Ather Energy Ltd flagged rising prices of key inputs such as steel, aluminium and copper. Combined…
A Mint poll of 10 economists shows nine expecting a pause at 5.25%, while one anticipates a 25-basis-points (bps) cut to 5.00%. One basis point is a hundredth of a percentage point. The MPC is scheduled to announce its policy decision after its 4-6 February meeting. The central bank is also expected to maintain its…
Direct-to-consumer brands accounted for 27% of India’s total retail leasing in 2025, up from 25% in 2024, according to a report by Coldwell Banker Richard Ellis (CBRE), the world’s largest commercial real estate services and investment firm. Malls, according to the report, account for two-thirds of the said total retail leasing. The digital-first brands’ visibility…
Amazon is facing challenges to grow its data center footprint in Europe due to extensive holdups in securing power grid links, as reported by Reuters. As the businesses have intensified demands to modernize aging electrical systems, power-hungry sectors have lobbied the European Union for increased grid funding. Thay cautioned that rapid access to stable, dependable…
The Reserve Bank of India (RBI) on Tuesday said the government has directed banks handling government receipts and payments to remain open on 31 March 2026, to ensure that all government transactions are accounted for within the current financial year. This year, 31 March will be observed as a public holiday in several regions, including…
Mumbai/Bengaluru: The India-US trade deal, announced Monday, has raised hopes in the Indian gems and jewellery industry, with tariffs on shipments to the US expected to fall sharply from 50% to 18%. Jewellery stocks rallied on the news, tracking gains in the broader market. Shares of Kalyan Jewellers jumped over 6% in morning trade, while…
TCS, Infosys, HCLTech, and Wipro jumped 1.72%, 1.6%, 0.84%, and 0.1%, respectively, on Tuesday. On the other hand, Tech Mahindra’s shares fell 0.57%. The Sensex rallied 2.54%. The country’s $283 billion IT sector is expected to be the biggest indirect beneficiary of the US’s rollback of its 25% reciprocal tariffs on New Delhi, as the…
Indian textile and apparel exporters can breathe a sigh of relief as the US and India have negotiated a reduced reciprocal tariff of 18% on Indian goods, giving Indian exports an edge over peers. The breakthrough, combined with the expected gains from free trade agreements (FTAs) with the European Union and the UK, puts Indian…