Business news
121 stories · latest 17 Jul 2026
Reliance is one of the largest index weights, so its results move the benchmarks. Higher crude prices inflated O2C revenue and the 17% rise in that unit's EBITDA shows refining earnings holding up through the West Asia…
Wipro's numbers show AI-led deals being signed without yet lifting revenue: large deal bookings grew 12.9% to $1.63 billion, but IT services revenue fell 1.4% on the quarter to $2.61 billion and the guided range of…
Advanced AI at $171 million is under 5% of HCLTech's $3.65 billion quarterly revenue but is growing 62.1% a year against 2.6% for the company overall. The planned outlay of up to Rs 3,500 crore on AI data centres…
Zero duty in the UK improves the price competitiveness of Indian apparel and home-textile exporters, seafood processors, leather and footwear makers, auto-component suppliers and engineering firms against rivals that…
As the largest Indian IT services company, TCS sets the tone for the sector's results season. Near-flat constant-currency growth and a margin dip from salary increases show how slow client spending is capping earnings…
TCS is the first large Indian IT exporter to give a running dollar figure for AI work: $2.6 billion annualised, growing 13.6% in one quarter while group revenue grew 2.2%. The $9.5 billion of contract value signed in…
A Jio listing would rank among India's biggest public issues and lets investors value Reliance's telecom and digital arm on its own, which feeds directly into Reliance Industries' sum-of-the-parts valuation. Because it…
Open-market buybacks give cash-rich listed companies, including IT services firms and PSUs, a flexible way to return money by buying shares on the exchange over weeks rather than through fixed-price tender offers…
Cheaper crude directly narrows losses at IOC, BPCL and HPCL, whose earnings swing with the gap between pump prices and international product costs; diesel and LPG remain loss-making, so their recovery is partial. Lower…
The swap lets banks with large NRI franchises raise long-tenor dollar deposits without bearing hedging costs, adding foreign-currency liquidity and supporting the rupee without heavier direct market intervention. For…
A higher inflation path with rates unchanged removes the room for further easing and keeps bond yields firm, which affects borrowing costs for banks, NBFCs and corporates and the outlook for rate-sensitive realty and…
Monsoon rain still drives farm incomes and rural spending, so a forecast at the deficient threshold is a direct risk for rural-heavy FMCG companies, tractor and two-wheeler makers, and fertiliser and agrochemical…
The increases shrink daily losses at state-run fuel retailers IOC, BPCL and HPCL, which had been selling below cost, but pass the oil shock on to households and businesses. Diesel drives freight costs for FMCG, cement…
A weaker rupee raises the cost of crude, LNG, fertiliser, electronics and other imports, adding to inflation and squeezing companies that buy in dollars and sell at home, such as fuel retailers, airlines and…
SBI is the country's largest lender and a bellwether for state-run banks, so a margin squeeze after the 2025 rate cuts points to pressure on interest income across PSU banks, whose loans reprice faster than their…
Sustained foreign selling weighs most on large, foreign-owned stocks such as private banks, IT services companies and other index heavyweights, and adds pressure on the rupee. Domestic mutual fund and insurance buying…
India imports most of its crude, so a spike of this size widens the import bill and current-account deficit, weakens the rupee and lifts fuel and petrochemical costs. State-run fuel retailers such as IOC, BPCL and HPCL…
The purchase roughly doubles Sun Pharma's revenue base and deepens its exposure to the US and biosimilars, but it is financed largely with $9.25-9.75 billion of new borrowing, so integration, synergy delivery and debt…
Guidance from India's second-largest IT services company is read as a gauge of sector demand for the year. A low single-digit band, which analysts tied to AI-led pricing deflation, puts pressure on revenue growth and…
Cheaper crude is India's main relief channel: it eases costs for fuel retailers, airlines, paint and tyre makers, lowers imported inflation and supports the rupee. Lower bond yields lift banks' treasury values and the…
A hold after 2025's easing leaves loan and deposit pricing broadly unchanged, so banks and NBFCs see little immediate margin shift while rate-sensitive borrowers in housing, autos and real estate get no fresh relief…