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306 stories · latest 06 Oct 2026
TCS is the first large IT exporter to report, so its commentary on pricing, client budgets and deal conversions sets the reference for Infosys, HCLTech and Wipro, which follow. The report lists the points analysts are…
The sale is the condition on which Kone's takeover of TK Elevator depends, so a credible buyer for the European unit bears directly on whether and when that deal closes. A Japanese owner would add another sizeable…
The deal turns Informa into an almost pure trade-show company: the combined live-events division is put at just over £4.2 billion of revenue across about 1,000 event brands. Shareholders take on dilution from the…
AMD's sales of AI processors are limited by how many advanced wafers, packaging slots and memory chips it can secure, not by orders, so supply commitments are what turn demand into revenue. More AMD volume means more…
The money comes from cloud companies designing their own AI processors instead of buying only Nvidia's: Marvell and Broadcom are the two main design partners, and data centres already bring in 72% of Marvell's sales. A…
The deal moves Uber Eats from single consumer orders into group and corporate orders, where the ticket is many times larger. Restaurant chains that sell catering gain a bigger ordering channel but also deal with one…
The advance was narrow: the report notes only about 25% of S&P 500 companies were trading above their 50-day average, and smaller companies fell on the day. Index gains are coming from AI chipmakers and from power…
The move in French debt matters most to banks and insurers that hold it and to French companies whose borrowing costs follow the sovereign; it reverses part of the sell-off that took the CAC 40 to a six-month low on…
Neinor is returning capital instead of holding land: about €555 million, or €5.71 a share, over two years, and a planned €200-250 million dividend for 2028, funded partly by a €400 million asset-rotation plan of which…
Lower oil and lower yields work on different parts of the market: cheaper crude trims revenue for oil producers while easing fuel costs for airlines and freight, and a lower 10-year yield reduces the discount applied…
The money: Constellation puts more than $4.3 billion into the uprates, backed by a 20-year contracted buyer, and Google secures 3,590 MW in total across the two agreements; the price of the power was not disclosed. For…
The finance angle is the size of the untapped domestic market: with about 75% of firms not yet using AI, most enterprise spending on it in India is still ahead, and that is the revenue line Indian IT services…
For Brainbees Solutions, the listed parent of FirstCry, the Swara issue turns part of a holding in its own diaper supplier into Rs 300 crore of cash. Swara's FY26 revenue was Rs 1,163.9 crore and profit Rs 95.58 crore…
The two reports differ by more than Rs 5,000 crore on issue size, so the price band is the figure to wait for. Either way the issue is entirely new shares: the money goes to Jio Platforms, and Reliance Industries, its…
The forecast itself moves no company's revenue; it is a reading of where demand has been strongest. The Bank's emphasis on household spending points at consumer goods, autos and retail lenders, and the construction and…
Retail registrations show what actually left showrooms, as against the factory despatches the carmakers reported on October 1, so they bear on dealer stock at passenger-vehicle, two-wheeler and truck makers and on…
Crude below $100 eases the import bill and the input costs of oil marketers, airlines, paints and chemicals, which is why Reliance, IndiGo and Asian Paints were among the gainers. Banks and consumer names moved on…
The finance angle is the price: about $1.4 trillion, against the $852 billion at which OpenAI raised $122 billion in March, a rise of roughly 64% in seven months while the company stays private. The $30 billion would…
Wienerberger is one of the earliest reporters among European building-materials groups, so its update is read as a marker for brick, roofing and pipe demand ahead of results from peers. Two things in it travel: new…
The increase answers activist investor Palliser Capital, which argued the first price undervalued the company and asked for at least €60 a share; the new terms are still well below that, so minority holders now choose…
Sabadell fought off a hostile bid from BBVA less than a year ago; a large, declared long-term shareholder capped below 10% gives its standalone plan a more stable register, as chairman Josep Oliu put it, without a…
Both mainboard openings were well short of what the unofficial grey market had implied: Business Today notes premiums pointing to 46-48% for SRIT India and 9-10% for Shah Investor's Home. That gap, in an issue…
These are the first hard readings on discretionary spending for the quarter, and they came in above forecasts even though part of the festive season moved into October-December: Citi had pencilled in 18% growth for…
All four beat the loan-growth estimates Business Today cites from Motilal Oswal, days before the results season and one day before the RBI's rate decision. Part of the jump is one-off: banks raised foreign-currency…
Exchanges and brokers earn most of their transaction income from derivatives, so the method that fixes the expiry-day settlement price feeds straight into volumes. Under CAS, trading bunched into the final minutes…
Two of Anthropic's largest customers are trimming a bill that ran at roughly $1 billion a year at Microsoft alone, a sign that big buyers of coding assistants are pushing back on cost and building substitutes. The…
Epcoritamab, sold as EPKINLY in the US and Japan and TEPKINLY in the EU, is approved so far for lymphoma that has returned after earlier treatment. A first-line label would open a much larger group of patients, and…
It is another consolidation deal in North American heavy oil at a time when Brent is near $100. Cenovus is paying mostly in cash from its balance sheet and short-term borrowing, and says net debt at the end of 2026…
The filing puts numbers on what AI and cloud demand is worth to a landlord of computing space: half-year revenue already above the whole of 2025, funded by $4.3 billion of long-term borrowings. No price range or share…
The finance angle is where AI capital spending reaches Indian suppliers: Rs 150 crore for this order and close to Rs 300 crore from this one hyperscaler in under a year, paid to an Indian contractor for building and…
Two things stand out for bank earnings. Growth is being funded mostly by term and foreign-currency deposits, which cost more than savings balances, so the share of cheap deposits is falling and that weighs on the…
A memorandum is a statement of intent, not a funded order: no timeline or financing plan was given, and the sum is large against the company's present size, so how it is paid for is the open question for shareholders…
The bullion change lands on banks that import gold for jewellers and on jewellery makers, who would see tax paid earlier in the chain and more working capital tied up until credit is claimed; the end price to buyers…
An interim agreement is already in place, so this is about the wider deal and the tariff rate Indian exporters end up with against competing countries. The companies exposed are export-heavy ones selling into the US…
Jet fuel is roughly 40% of an Indian airline's operating cost, so a 13.2% rise in one month cannot be absorbed without either higher fares or lower margins. IndiGo is choosing fares; the test is whether demand holds as…
The split shows the bond selloff is now a country story inside Europe. Higher French government yields raise funding costs for French banks, insurers and heavily indebted companies and lower the value of the sovereign…
Ithaca has been a pure UK North Sea producer, a basin where output is declining and profits carry a windfall levy; this purchase gives it producing barrels under a different tax regime while Brent trades above $100…
India imports most of its crude, and much of it comes from the Gulf, so the volume moving through Hormuz matters as much as the headline price. More cargoes getting through eases the supply squeeze that has kept Brent…
Banks, insurers, payment systems and government bodies often cannot send customer data abroad, which has kept many AI projects at the pilot stage; local processing removes that obstacle for Claude. The money flows to…
OpenAI is Cerebras's anchor customer: under an agreement announced in January and valued at $10 billion, Cerebras is contracted to supply 750 megawatts of computing capacity through 2028. Doubt about that single…
The gains were concentrated in large technology and AI-linked companies, so the index record says less about the rest of the market. The ISM survey shows service businesses still growing but paying sharply more for…
The deal joins two of the largest US truck brokers at a time when freight rates are weak. C.H. Robinson is aiming for about $300 million of run-rate cost savings within two years of closing and says RXO's shipment data…
The finance angle is who gets paid to build and run a plant whose first phase carries about $16.8 billion of funding. Intel's foundry business has few large outside customers, and Terafab was one of the names attached…
The finance angle: Foxconn's monthly sales are an early, hard number on what cloud companies are actually paying for AI hardware, weeks before the chip designers report. Revenue of T$3.03 trillion in a quarter, T$200…
These are the first US deals to launch in the fourth quarter, and both are small, clinical-stage companies with no product revenue: the money funds trials. TRex Bio's lead programme has topline data due in mid-2027 and…
Sovereign yields set the floor for borrowing costs across the euro area, so French banks, insurers and heavily indebted companies carry the direct exposure: the CAC 40 fell more than 1% while the DAX and Italy's FTSE…
The price is about 21 times the units' 2025 EBITDA, a high multiple for a paints business, and AkzoNobel's shares rose 2.3% on the news; Nippon Paint closed 3.45% higher in Tokyo. For AkzoNobel it turns a small…
This confirms the weekend's reports at a higher figure than the roughly $20 billion first mentioned. Schneider's shares fell about 9% in Paris as investors weighed the cost: the company projects about €250 million of…
The finance angle is revenue that is bought and locked in. Wipro's Mindsprint deal is put at about USD 1 billion (Rs 9,625 crore) of revenue over eight years; TCS paid about Rs 2,000 crore for Best Buy's centre. These…
At that size it would be the largest IPO India has seen, and the first from the Reliance group since 2008. Reliance holds 66.4% of Jio Platforms and Meta and Google together 17.7%; because the issue is entirely new…