Infosys to Launch Citizens AI-First GCC in Bengaluru

Infosys TCS IT stocks fall amid AI-driven global tech selloff

The US lender Citizens Financial Group and information technology (IT) giant Infosys have teamed up to establish an AI-first Global Capability Center (GCC) in Bengaluru. Infosys and Citizens Financial Group AI-First GCC Partnership With an emphasis on speeding up AI-driven change in Citizens’ banking operations, product development, and customer experience, the Bengaluru hub will function … Read more

Infosys–MSG Digital Innovation Deal Extended: Infosys Theater Renamed at Madison Square Garden

Infosys TCS IT stocks fall amid AI-driven global tech selloff

Infosys and the Madison Square Garden Family of Companies have reached a major milestone in their partnership by formally extending and expanding their multi-year digital innovation partnership. Infosys and Madison Square Garden Expand Digital Innovation Partnership The rebranding of the famous 5,600-seat Theater at MSG to the Infosys Theater at Madison Square Garden is a … Read more

India-US Trade Deal Explained: $500 Billion Claim Over 5 Years, Govt Clarifies

US-Bangladesh Trade Deal May Impact India’s Cotton Exports

Following US President Donald Trump’s social media post that raised concerns about tariffs, energy imports, and strategic autonomy, government sources on Tuesday attempted to elucidate important facets of the trade deal between the US and India. India-US Trade Deal Clarification by Government Sources “Trump forgot to write $500 billion in 5 years,” a government source … Read more

Budget 2026 Buyback Tax Explained: Will You Pay More Tax Now?

Defense Budget 2026 allocates ₹7.8 lakh crore to boost border security and military modernization

On February 1, Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026. She declared that repurchase proceeds for all shareholders would be considered capital gains during her budget speech. How does it affect your taxes and what does it mean for you? How buyback taxation worked earlier In the past, buybacks were subject to corporate … Read more

India-US Trade Deal Impact: IT & Auto Stocks Jump Up to 10%, Markets Rally

Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

After India and the US finalized their eagerly anticipated trade agreement on February 3, shares of Indian IT and automotive companies surged in trading, lifting stock markets. Market Reaction to the India-US Trade Agreement The Nifty IT index increased by about 6% to 40,301.4 in the early trading hours of Tuesday due to the significant … Read more