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Infosys, Wipro ADRs Slump Up To 8% As IBM Flags Clients' AI Pivot, Misses Q2 Estimates
The decline followed a steep fall in IBM shares, which plunged as much as 23% in pre-market trading.
Markets
Tata Elxsi Q1 Results: Net Profit Slides 23%, Margins Narrow
L&T Tech Q1 Results: Net Profit Rises 7.4% As Revenue Tops Rs 2,900 Crore
Technology
IBM Shares Plummet 23% As IT Major Disappoints Street With Earnings Scorecard
CEO Arvind Krishna says clients shifted spending to hardware, delaying software and consulting deals.
Business
Gaming Companies Contest 28% GST Levy On Entry Fees in SC, Challenge Retrospective Tax
16.4% Surge: India's Tax Coffers Swell To Rs 6.51 Lakh Crore As Economic Momentum Builds
Gadkari Defends Ethanol Push: Fuel Can Be Made From Agri-Waste, Spoiled Veggies
Singapore Court Declines Stay Of Byju's Founder's Sentence
Bengaluru Extends Restaurant Timings To 3:30 AM For FIFA World Cup Screenings
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Only 23% Of Young Indian Techies Are 'AI-Native': Nasscom Flags Decline In Deep Skills
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OpenAI Struggles To Monetise AI; Ad Revenue 90% Below Own Forecast
The market research firm expects AI chatbot advertising to remain modest through 2030, raising questions over OpenAI's long-term revenue strategy.
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The new service is expected to compete with offerings such as Blinkit Gourmet and FirstClub, reflecting intensifying competition in the premium online grocery segment.
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US CPI Falls For First Time In Six Years, Easing Pressure On Fed
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Cognizant, Salesforce, Accenture Slide Up To 3% As IBM's Weak Outlook Sparks Software Selloff
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L&T Tech Q1 Results: Net Profit Rises 7.4% As Revenue Tops Rs 2,900 Crore
Tata Elxsi Q1 Results: Net Profit Slides 23%, Margins Narrow
Infosys, Wipro ADRs Slump Up To 8% As IBM Flags Clients' AI Pivot, Misses Earning Estimates
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Personal Finance
8th Pay Commission Salary Calculator: One Fitment Factor Can Lift Level 1 Pay To Rs 54,000 - Check Which One
One of the biggest factors that will decide how much employees earn under the 8th Pay Commission is the fitment factor.
Income Tax Filing 2026: Why You Must Declare Every Active Bank Account While Filing ITR
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Saatvik Green Rallies 5% As Motilal Oswal Initiates Coverage At 'Buy' - Check Target Price
Motilla Oswal sees upto 26% upside for Saatvik Green Energy as it initiates coverage, cites multiple growth triggers.
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World
Mossad's Misfire: Israel's Alleged Plan To Prop Ahmadinejad As Next Iran Leader Failed
'Blow It Up': Inside Washington's New Nuclear Obsession With Iran's 'Pickaxe' Mountain
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US CPI Falls For First Time In Six Years, Easing Pressure On Fed
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