MUMBAI: The Centre has set an ambitious disinvestment target of Rs 80,000 crore under miscellaneous capital receipts for 2026-27 which includes sale of shares in PSUs as well as asset monetisations. The budgeted target is a sharp jump from the revised estimate of about Rs 34,000 crore for the current fiscal, signalling renewed optimism after…
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CLSA noted that it does not currently observe any pricing pressure linked to AI in contract renewals for IT services firms. (AI image) Indian IT stocks rebound! Shares of major IT firms including Infosys, TCS and HCL Tech climbed by as much as 4%, supported by global brokerage CLSA reaffirming its ‘Outperform’ stance on key…
MUMBAI: Rising oil prices weighed on investor sentiment on Dalal Street for the third consecutive session that pulled sensex down by 1,000 points (1.3%) on Friday to close at 76,664 points. Foreign funds continued to sell aggressively, leading to a 2,609-point fall in the sensex in the last three sessions. The weakness of the rupee…
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JAIPUR: A joint team of Rajasthan ATS and Hanumangarh police is set to visit Ambala after Haryana STF arrested three suspected terrorists with an improvised explosive device, triggering security concerns in Rajasthan and neighbouring states, report Ashish Mehta and Kshitiz Gaur.During preliminary questioning, the accused allegedly said they were planning explosions in several cities across…
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