TECH NEWS
Hyundai reveals ambitious plan at new Bayon launch; Creta to be part of big push as well
The mid-size utility vehicle category, comprising SUVs and MPVs measuring 4-4.4 metres in length, recorded sales of around 9 lakh units in the last financial year. The segment accounted for nearly 35% of Hyundai's domestic sales in FY26, with the Creta alone contributing close to 2 lakh units annually over the past two financial years.
When noise is high, separate short-term headwinds from long-term business. 5 large-cap stocks with upside potential of up to 23%
For any decision you make in this market over the next three to six months, the first question should be about the business and the company. Is it hard to replace? If the answer is yes, you can ignore the short-term headwinds.
Infosys guidance shock may hit stock despite numbers bounce
Infosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annual revenue guidance due to competitive pressures. The company secured a significant $2 billion deal, boosting its total contract value to $5.2 billion. Despite positive performance from some sectors, weaknesses in others contributed to the cautious outlook. The market response led to a rise in the stock price, affecting valuation metrics.
SK Hynix drops US IPO plan for Solidigm: Report
The news comes weeks after SK Hynix said it was reviewing various options to strengthen Solidigm's competitiveness, but that no decisions had been made.
Amazon's Jeff Bezos mysteriously linked to $69.5 million Florida mansion. It has 12 bathrooms, 2 pools, sauna, private theater, spa, fitness studio and 100-foot oceanfront
Jeff Bezos has been linked to a recently sold oceanfront mansion in Golden Beach, Florida, for $69.5 million. The luxurious 17,500-square-foot property has 12 bathrooms, 2 pools, sauna, private theater, spa, fitness studio and 100-foot oceanfront. It is situated directly on the Atlantic Ocean, enhancing its appeal to potential buyers. Major sources assert that the property was purchased by a company associated with Bezos.
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles markets
Japan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending pressure Japanese equities, while select consumer and food stocks advance.
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Global Market Today: Asian stocks slide after US tech rout
MSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in July. Taiwan’s stock exchange will be shut Friday due to a typhoon. Sentiment stayed weak as contracts for the Nasdaq 100 Index fell 0.3% in early Asian trading.
France riots and India's protests against CEC Gyanesh Kumar linked to same ecosystem, claims report
A recent investigation revealed connections between protests in France and India, involving various global organizations. These groups, described as part of a coordinated protest ecosystem, amplify youth unrest across multiple countries. Indian Alliance Paris was highlighted for its role in linking protests from different regions.
Palantir says it cannot shut off NATO AI system as Europeans fear US tech dependence
Palantir has proactively responded to European concerns about its military AI system by confirming there is no kill switch in place. This statement comes amid allegations that limited Starlink services have affected Ukraine's military efforts. Some NATO allies are wary of depending on US technology due to possible political influences.
₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?
Indian IT stocks experienced a notable market value recovery of approximately ₹3.87 lakh crore in October. Foreign investors invested around ₹6,463 crore in the IT sector during the third quarter. The Nifty IT index rose about 17 percent in October after a previous decline of roughly 20 percent. Analysts caution that despite selective buying, the sector faces a challenging earnings environment ahead.
X Community Notes 'failed' to flag US election falsehoods, study says
A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the US midterm elections -- including those promoted by the billionaire -- a study said Wednesday. "X's crowdsourced fact-checking program failed to flag 93.1 percent of false claims related to the US midterm elections," NewsGuard said.
Anthropic, music publishers square off on 'fair use' defense in AI copyright case
US District Judge Eumi Lee did not rule at a hearing in San Jose but pressed both sides on the fair use question, which could be key to dozens of other high-stakes copyright infringement cases in the AI era.
Special team to probe eMudhra incident; impact on Indian websites, applications very limited: Govt
The ministry said the reported security incident pertains to eMudhra’s global certificate business, and its impact on Indian websites is very limited.It also said some social media accounts were indulging in fear-mongering about the impact.
Skydance bets big on AI-driven content
Paramount Skydance has completed its acquisition of Warner Bros Discovery for $110 billion. The company plans to focus on reducing costs through technology rather than employee layoffs. Skydance now owns an extensive range of film, TV, and news organizations, including HBO Max and CNN. The merger comes amid increasing competition from tech giants like Netflix and Amazon.
Akash Ambani charts Jio’s next phase of growth with satellites, 6G and AI
Akash Ambani outlined Jio Platforms' future focus on satellite communications, pre-6G patents, and AI integration. The company is developing an indigenous satellite communications stack aimed at expanding home broadband services. Ambani revealed Jio's patent strategy aligns with India's goal of 10% global 6G patents originating domestically. Jio's AI initiatives seek to innovate and improve traditional voice and data services for Indian consumers.
ET Graphics: Tech spots a spec-tacular future ahead
Forget the pocket—the next tech war is heading straight for your face. With AI glasses exploding as the latest battleground beyond smartphones, titans from Meta and Google to Alibaba and Samsung are racing to stitch cameras and virtual assistants directly into everyday eyewear.
From 100 million users in 170 days to an IPO, a decade of Jio Platforms
Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation.
UltraTech Cement Q2 Results: Net profit jumps 21% YoY to Rs 1,494 crore; revenue up 19%
UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, while revenue grew 19% to Rs 23,295 crore. However, profit fell 43% sequentially amid monsoon-related disruptions and the West Asia crisis, with margins also declining from the previous quarter.
UltraTech Cement announces board reshuffle; KC Jhanwar to become non-executive vice chairman from January 1
UltraTech Cement on Monday announced a board reshuffle, with Managing Director Kailash Chandra Jhanwar set to become non-executive vice chairman from January 1, 2027, replacing KK Maheshwari, who will step down citing personal commitments.
Global Market Today: Asian shares fall as AI spending worries weigh on sentiment
A fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses. Oil fell following US President Donald Trump's decision to waive some sanctions on Russia, though he later said a final decision on the matter had not been made.
Stocks in news: Vedanta, HDFC Bank, ICICI Bank, Axis Bank, HFCL, IREDA, Zen Tech and Oil India
Indian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhanced investor confidence in the market, with the Nifty 50 index achieving a closing point of 23,146, representing a 0.65% rise. Prominent companies like HDFC Bank and ICICI Bank shared their quarterly outcomes, showcasing improved asset quality. Investors are anticipated to keep an eye on upcoming corporate announcements which may guide market trends.
Accenture looks to sell Chinese operations for up to $1.5 billion: FT
IT consulting firm Accenture is looking to sell its Chinese operations for up to $1.5 billion, the Financial Times reported on Sunday, citing people familiar with the matter. Reuters could not immediately verify the report.
Jio Platforms joins global top 20 patent filers as Reliance readies first IPO in 30 years
Jio Platforms has achieved a significant milestone by entering the global top 20 patent filers as of March 2026. The company has filed over 7,220 patents, focused primarily on next-generation technology areas like 5G and AI. Jio Platforms has also made advancements in satellite communications, which were showcased to India's communications minister.
Meta employees said Lula's accounts were hindered during Brazil election: Report
The messages also acknowledged that the platform recommended the profile of challenger Flavio Bolsonaro, as well as his WhatsApp channel, according to the report.
Tech Mahindra shares gain 5% after Q2 results. Should you buy, sell or hold the stock?
Tech Mahindra share price: Tech Mahindra shares rose after Q2FY27 net profit increased 32.7% year-on-year to Rs 1,586 crore. Nomura retained its Neutral rating, seeing limited upside despite expectations of above-peer growth in FY27, driven by large telecom deals and expansion across other verticals.
Amazon launches two new portable AI listening devices
Frontier is a bracelet and Eclipse is a brick that resembles a portable magnetic charger. Users attach the devices to their smartphones. They aggregate information from calendars, apps like email and other points throughout the day that are accessed through an app or a website, Amazon said.
Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue
Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.
Tata Tech shares rally 8% after Q2 results, but Goldman Sachs and JM Financial stay bearish. Here's why
Tata Technologies shares surged after reporting a 4% YoY rise in Q2 net profit to Rs 171 crore. Revenue grew 28% to Rs 1,699 crore, led by a 34% jump in services revenue to Rs 1,356 crore. EBITDA rose 32% to Rs 273 crore, with margins expanding 40 bps to 16.1%. Services revenue grew 4.3% sequentially in constant currency terms to $142 million.
Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and Wipro
Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The Nifty 50 declined, testing the support zone of 22,580-22,620, which might weaken with repeated tests. Several companies, such as Reliance Industries and Tata Technologies, are expected to be in focus due to upcoming quarterly earnings.
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