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IT sector's Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in new order bookings, while TCS maintained strong deal flow. Despite sustained new deals, TCS faces a revenue growth deceleration, raising concerns about deal ramp-up amid client delays.
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Investors are turning to fund managers for stock market decisions. Flexicap funds saw the biggest inflows in 2025. This shows less confidence in specific stock categories like small or mid-caps. Thematic and sectoral funds are less popular now. Investors prefer flexible mandates in uncertain times. Small and mid-cap funds still attract money due to past high returns.
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The non-compete payment amounting nearly 5% of the deal valueis intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
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The Trump administration is finalizing a trade deal with Taiwan that will lower tariffs on island exports and secure significant new investments from TSMC in U.S. semiconductor facilities. This agreement, expected to be announced soon, aims to bolster U.S. national security by increasing domestic chip production amid geopolitical risks.
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Alphabet hit a $4 trillion market valuation on Monday, as the Google parent's sharpened artificial intelligence focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race.
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News and Media
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