A weaker quarter from Accenture and a cut in growth guidance have raised concerns about delayed client spending and slower deal momentum for Indian IT companies heading into FY27.
The Nifty IT index slumped over 6 per cent after Accenture lowered its FY26 growth forecast and reported weaker bookings, triggering a broad-based sell-off in Indian technology stocks led by Infosys and TCS.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The Memorandum of Understanding (MoU) under the Government of India's scheme for replacement of old trucks and buses in the Delhi–NCR region was signed on Thursday between the Ministry of Road Transport and Highways (MoRTH) and Tata Motors.
The Government of India has assured citizens that fuel availability remains stable amid the evolving situation in West Asia, with refineries operating at high capacity and adequate stocks of petrol, diesel and LPG maintained across the country.
A day after the imposition of Trump tariffs on Indian goods, the central government announced the extension of the import duty exemption on cotton (HS 5201) from 30th September 2025 till 31st December 2025.
With the steep 50 per cent American tariffs on Indian goods kicking in, the Union Finance Ministry has said the immediate impact on Indian exports may appear limited, but their secondary and tertiary effects on the economy will pose challenges that must be addressed.
The 44,000-square-foot centre in Mumbai, with a capacity to house up to six full-flight simulators (FFS), will begin operations in the first quarter of 2026 with two Airbus A320 simulators, a company statement said.
During the AGM, the company’s key financial highlights, operational achievements, and future growth prospects, technological innovations and initiatives were presented and the queries raised by the shareholders were addressed by the management.
Shri Jitendra Srivastava, Chairman & Managing Director chaired the meeting and was attended by all the Directors on the Board of the Company. Many shareholders were present at the meeting through Video Conferencing.
