Indian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expected revenue and order forecasts. The Nifty IT index plunged over 6%, with major players like Infosys and TCS seeing substantial…
Read More
Following a US-Iran peace deal, three India-bound cargo ships are transiting the Strait of Hormuz as Iran eases vessel movement. India is studying the agreement to resume economic ties, including energy trade and the INSTC, with Iran.
Read More
Despite this, analysts anticipate a substantial easing of supply concerns and a potential return to pre-war price levels as more oil becomes available globally.
Read More
French beauty giant L’Oreal is set to acquire a majority stake in Indian personal care firm Innovist, signaling a significant push into one of the world’s fastest-growing markets. This strategic move, L’Oreal’s first Indian acquisition in nearly 13 years, aims…
Read More
Reliance Industries is charting a unique AI strategy, aiming to democratize artificial intelligence in India by focusing on affordability and accessibility rather than solely on developing advanced models. The company is building a sovereign AI infrastructure and a suite of…
Read More
India is developing new sustainability certification standards for its exports to enhance global competitiveness. The commerce ministry is gathering input on product sustainability proof, data, and verification methods for international acceptance. This move aims to align Indian goods with stricter…
Read More