DIGITAL ACCELERATION CENTRE
Will Sensex, Nifty continue their bull run or consolidate? 4 factors to watch out for this week
The Sensex and Nifty have seen minor fluctuations recently due to profit-taking after a remarkable surge. Notably, Foreign Institutional Investors continue to show robust engagement in Indian markets, being net buyers for the last ten sessions. Meanwhile, oil prices are experiencing instability fueled by ongoing geopolitical issues in the Middle East, while inflation concerns are driving speculation around potential interest rate increases by the Reserve Bank of India.
Beyond Retirement: Why India needs a new architecture for ageing
India’s retirement planning focuses heavily on money and healthcare but often overlooks the need for continued cognitive stimulation, social connection and a sense of purpose in later life. Drawing on the Saptasopan model and personal experience, a structured senior-engagement programmes should be scaled through CSR, housing communities, educational institutions and hybrid platforms as part of India’s ageing infrastructure.
What India's roadmap to global apparel leadership should look like
India's textile and apparel industry is aiming for USD 100 billion in exports by 2030 through Free Trade Agreements. The focus should be on enhancing capabilities in quality, delivery, and price to remain competitive. Indian manufacturers must leverage automation, digitization, and vertical integration to improve efficiency and respond to global demands.
AMD vs. Nvidia stock: AMD beats NVDA by a record 53.2 percentage points in five days as Jensen Huang crisis shakes AI stocks – should investors buy AMD after its rally or Nvidia after the selloff?
AMD vs. Nvidia stock: AMD has beaten Nvidia by a record 53.2 percentage points in five trading sessions, gaining 44.7% as Nvidia lost 8.5%. Jensen Huang’s sudden exit has shaken investor confidence in Nvidia. AMD’s record rally faces fresh pressure after Friday’s selloff. Both stocks now leave investors with one question; buy AMD after its surge or Nvidia after its fall?
Simplify Alpha™ opens AI engineering and innovation center in Hyderabad, joined by Simplify Healthcare® and SimplifyX™
Hyderabad joins Pune and Mumbai as the third India location for the Simplify Group™ companies, adding capacity for customer delivery and growth.
India records 38% drop in TB deaths since 2015, outpaces global decline: WHO report
India has recorded a 38 percent reduction in tuberculosis mortality since 2015, surpassing the global decline rate. The treatment success rate of drug-susceptible TB patients stands at an impressive 94 percent. Key interventions include early detection, timely treatment, and community support through various initiatives. Technological innovations such as AI-enabled diagnostics have significantly strengthened the TB elimination efforts.
Mars sees India business more than doubling after Kellanova buy
Mars expects its India business to more than double following its $36-billion acquisition of Kellanova, with the company banking on rising incomes, premiumisation, expanding distribution and the growth of online and quick-commerce channels. CFO Claus Aagaard said India is already clocking double-digit growth and will be a significant growth driver for Mars over the next decade. The Kellanova portfolio will strengthen Mars' presence in salty snacks and cereals while widening its reach across stores and channels.
HFCL shares gain 2% after securing Rs 834 crore export orders for optical fibre cables
HFCL has secured an export order worth Rs 834.36 crore for optical fibre cable supplies, adding to its growing international order book. The latest win comes after a strong Q2 performance and ambitious revenue growth guidance for FY27.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following these positive results in the tech sector. Nvidia also recovered, overcoming previous losses related to CEO controversies and market fluctuations. Meanwhile, inflation data raised expectations for an interest rate hike by the Federal Reserve in December.
US stocks: S&P 500, Nasdaq rise as CoreWeave results ease AI spending concerns
The S&P 500 and Nasdaq indices showed positive growth as CoreWeave posted impressive financial results, calming fears regarding AI expenditure. Following its projection of reaching profitability by 2028, CoreWeave's stock jumped 12.7%, boosting investor confidence about ongoing demand. AI infrastructure stocks mirrored this positive trend. Despite some volatility linked to interest rate fluctuations and inflation, most stocks rose in value, with oil prices recovering after Iran's comments.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
MSME Ministry reviews CPSE procurement from SC/ST enterprises to meet mandated target
A total of 30 public sector undertakings, including Bharat Heavy Electricals Limited, Bharat Electronics Limited, NTPC, Airports Authority of India, BEML, and Coal India Limited, attended the consultations.
Ode to a compassionate algorithm: Philanthropists are backing AI for public good
From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.
Explained: Why copper prices could fall further after four-month low amid US election outcome
Copper prices fell to a four-month low following the US midterm election outcome, which raised doubts over AI data centre demand and import tariffs. Despite a minor Monday bounce and tight supply constraints, analysts at TD Securities warn of potential further downside in the near term.
US stocks today: Dow rallies 1,500 pts, S&P, Nasdaq over 1% as Democrats win midterm elections
Wall Street experienced a significant rally after the Democrats gained control of Congress, which eased political uncertainties. Investor sentiment was boosted, although data centre stocks faced a selloff due to potential scrutiny. Major tech companies like Amazon and Meta Platforms rose in value while AI infrastructure providers struggled. A decline in oil prices further contributed to market optimism regarding energy and clean technologies.
IPO-bound BRND.ME’s Villain enters new category to tap a multi-billion fragrance market
BRND.ME is diversifying its Villain fragrance brand into the unisex market. The release of two new Eau de Parfums, named Muse and V-Code, marks a significant milestone in meeting the preferences of the younger Gen Z audience that favors inclusive scents. Supported by strong distribution and a powerful online presence, this expansion signifies BRND.ME's ambitious plans for an IPO and further global reach.
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certainty
ASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic manufacturing, attract foreign capital and improve ease of doing business.
NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027
The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city as a base for developing specialised technology capabilities. Its focus areas include healthcare and life sciences, automotive, manufacturing, high technology, AI and data.
Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billion
Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's growth and advance its AI capabilities both regionally and globally. The Public Investment Fund will retain a 51 percent ownership in Humain. Additionally, Aramco plans to inject approximately 9.9 billion Saudi riyals into the company this year.
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