Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.-Iran war pushing stocks and bonds into a tailspin. Global equities hit an all-time peak on June 3, suffered their worst…
NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to collaborate on critical and strategic mineral beneficiation and extraction technologies. The agreement was signed on 10 June 2026 at Neyveli as part of efforts to advance the objectives of the Government of India’s National Critical Mineral…
The assessment was conducted by the CMMI Institute and covered AI-enabled software development, maintenance, testing and support operations across Infosys’ service lines and delivery centres. According to the company, the pilot evaluated the use of AI across the software engineering lifecycle, with a focus on areas such as governance, risk management, compliance, productivity and quality…
IT firm Happiest Minds Technologies Ltd on Thursday (June 11) launched Rel(AI)Build, its proprietary Agentic AI development platform, along with the Agentic Development Lifecycle (ADLC), a structured methodology designed to integrate artificial intelligence across the software development lifecycle. The company said Rel(AI)Build is an enterprise-grade platform aimed at helping organisations build, modernise, and operate software…
The equity benchmark indices BSE Sensex and NSE Nifty ended lower on Thursday (June 11) after a volatile trading session, with the Nifty closing below 23,200 as weakness in information technology, defence and broader market stocks outweighed gains in banking shares. The Sensex fell 151 points to 73,833, while the Nifty declined 53 points to…
Stock Market Closing: Indian equity markets ended lower on Thursday, with the Sensex and Nifty closing down nearly 0.25 per cent each as a steep decline in global markets, continued foreign institutional investor (FII) outflows and other headwinds weighed heavily on investor sentiment. The BSE Sensex, after hitting an intraday low of 73,518.75, ended the…
APMI and SEBI discussed a growth roadmap for India’s Rs 42 lakh crore PMS industry. (Pic Credit: iStock/ETNOW) Association of Portfolio Managers in India (APMI), the SEBI-registered industry body for portfolio managers and PMS distributors, discussed a roadmap for India’s Portfolio Management Services (PMS) ecosystem, according to a statement by APMI. APMI monitors India’s a…
Indian equities may be under pressure from global cues, but market expert Rudramurthy B.V. believes the underlying resilience in benchmarks is being underestimated. Even as weak global markets, geopolitical tensions in West Asia, and continued foreign institutional investor selling weigh on sentiment, Murthy says that present market conditions do not favour aggressive bearish bets. “Closer…
Cipla Ltd. said the US Food and Drug Administration (USFDA) has classified the inspection of its manufacturing facility in Verna, Goa, as Voluntary Action Indicated (VAI). The company informed exchanges on Thursday, June 11, that it received the communication from the USFDA on June 10, following a routine current Good Manufacturing Practices (cGMP) inspection and…
India’s quick commerce race is intensifying, with Blinkit, Zepto and Swiggy Instamart competing for dominance. Blinkit leads in orders, revenue, dark store count and is the only player with positive EBITDA. Zepto stands out for the highest orders per store and rapid expansion, while Instamart boasts the highest average order value. With Zepto’s IPO expected…
