Indian equity markets closed higher on December 12 as buying interest returned across key sectors. The BSE Sensex ended the session with solid gains, while the Nifty 50 comfortably held above the 26,000 level. The recovery came after recent volatility, with investors responding positively to
mutual funds in India attracted net inflows of ₹29,911 crore in November 2025, marking a 21 percent increase compared with October. This growth reflects continued investor interest in equities amid strong market performance and positive economic indicators. Data Shows Broad-Based Demand According to industry figures released by the Association of Mutual Funds in India
Indian markets turned negative on Thursday as the Sensex fell around 150 points from its intraday high and the Nifty slipped below 25,900. Both indices, which opened on a stronger note, lost momentum through the session amid broad-based selling pressure. Global Factors Weigh on Sentiment Weak trends across major Asian markets and mixed signals from […]
Microsoft CEO Satya Nadella has announced that Cognizant, Infosys, TCS and Wipro will collectively deploy over 200,000 Microsoft Copilot licences across their global operations. Each firm is set to roll out more than 50,000 licences, marking one of the largest enterprise AI deployments worldwide. Expanding AI Partnerships The deployment is part of strengthened partnerships
Microsoft CEO Satya Nadella has announced a major nationwide initiative to train 20 million Indians in artificial intelligence (AI) by 2030. Speaking during his India visit, Nadella said the country has the potential to become a global leader in the AI era and highlighted the need for large-scale talent development. Part of Microsoft’s Larger India […]
The Indian rupee touched a new record low of 90.46 against the US dollar on Thursday, reflecting continued pressure on the currency from both global and domestic factors. The decline marks the weakest level ever recorded for the rupee. Market Factors Driving the Fall Traders attributed the depreciation to strong dollar demand from corporates, foreign […]
Adani Enterprises Ltd (AEL) has completed its ₹25,000-crore rights issue with an overall subscription level of 108 percent, reflecting strong investor confidence. The company received bids for 14.95 crore shares against 13.85 crore shares on offer. Public Portion Oversubscribed The public portion of the issue saw significant interest and was oversubscribed by around 30
Tata Consultancy Services (TCS) has announced that it will acquire Coastal Cloud, a US-based Salesforce consulting and cloud services firm, in an all-cash $700 million deal. This marks TCS’s biggest acquisition since its 2004 IPO. The transaction is expected to close by January 31, 2026, subject to regulatory approvals in the United States. What Coastal […]
IndusInd Bank has confirmed that its chairman, Sunil Mehta, will step down when his term ends in January 2026. The announcement comes during a broader organisational overhaul at the private lender after a difficult financial year. Overhaul Triggered By Losses Earlier in 2025, the bank posted its largest quarterly loss after a major hit from […]
Google is moving ahead with plans to set up a major AI-focused data centre in Visakhapatnam after a review meeting between Andhra Pradesh IT and Industries Minister Nara Lokesh and Google CEO Sundar Pichai in California. The meeting discussed timelines, infrastructure requirements, and the scale of the upcoming investment. Project Scale And Timelines The proposed […]















