Indian equities opened higher despite a 12% weekly oil spike and Middle East turmoil. The Sensex added 266 points and Nifty held above 24,100, powered by IT and consumer durables. While PSU banks and realty slipped, gold steadied on dovish Fed bets.
Source: Latestly · Aninews
India’s Commerce Minister visits Spain, Belgium, and Finland (July 13-17) with a business delegation to accelerate the India-EU Free Trade Agreement. Key meetings with Spanish ministers and EU officials, plus CEO talks with Thales and Silox, could unlock cross-border investment in renewables, digital tech, and advanced manufacturing. Markets will watch for concrete FDI announcements and FTA progress that may boost export-oriented sectors.
Source: ianslive.in · theshillongtimes.com
Indian equity markets surged on July 10, 2026, with Sensex gaining over 700 points to trade at 77,441.52 and Nifty reclaiming the 24,000 level. The Nifty IT index led the rally with a 2.08% jump, buoyed by strong earnings expectations and positive global cues, while gold and crude reflected a nuanced risk environment.
Source: newzealandstar.com · oklahomastar.com
Indian benchmark indices slipped 0.13% on July 7, 2026, as profit booking took hold in late trade amid weak Asian cues and caution before the US Fed minutes. IT stocks bucked the trend, with the Nifty IT index jumping 2.4% on strong earnings hopes, while realty and metal sectors led the declines.
Source: sanantoniopost.com · northkoreatimes.com
India’s legacy IT services firms shed ₹8.5 trillion in value as per the latest Burgundy Private Hurun India 500, while four pure-play AI companies entered the ranking for the first time. For SaaS and cloud executives, this marks a definitive technology transition from labour arbitrage to AI-native product value.
The Burgundy Private Hurun India 500 report shows a dramatic sector rotation: Bharti Airtel created ₹7.64 trillion in shareholder wealth, while TCS, Infosys, and Wipro destroyed ₹8.5 trillion. Reliance Industries remains the most valuable company at ₹19.36 trillion, but the entry of AI firms and IPL franchises signals shifting investment fundamentals.
Source: rediff.com · Subrata Panda (in)
Vishal Sikka’s Hang Ten Systems secures a $32M seed round to deploy agentic AI that autonomously builds and maintains business software, moving enterprises from AI experimentation to hard ROI.
Hang Ten Systems’ $32M seed, led by Mayfield, funds a platform that uses AI to build and run enterprise apps at a fraction of traditional cost—a direct challenge to the customization-heavy COTS model.
Vishal Sikka’s Hang Ten Systems emerges from stealth with a $32M seed round led by Mayfield, aiming to help enterprises squeeze real ROI from AI. The deal brings in Aramco Ventures and adds Jerry Yang to the board.
Source: Ndtv Profit Desk (in) · Ettech Last Updated (in)
The TCS-Anthropic Global Premier Partnership will equip 50,000 TCS associates with Claude, intensifying competition for enterprise AI startups. While the alliance validates the market, it also threatens startups selling similar tools as TCS bundles AI into existing client relationships.
TCS will embed Anthropic’s Claude across its service delivery for highly regulated sectors, blurring the line between traditional IT services and SaaS-based AI solutions. For SaaS providers, this signals an urgent need to embed AI deeply or risk losing clients to full-stack integrators.
Anthropic’s Claude will be deployed across 50,000 TCS associates, marking one of the largest-scale enterprise AI implementations to date. The partnership targets regulated sectors, underscoring the demand for safety-focused models in high-stakes environments.
Source: thestar.com.my · equitybulls.com
Infosys has entered into a definitive agreement to acquire Stratus, a New Jersey-based technology consulting firm specializing in the Property & Casualty (P&C) insurance sector. The acquisition aims to combine Stratus's deep domain expertise with Infosys's global AI and data platforms to drive digital modernization for global insurers.
Infosys has signed a definitive agreement to acquire Stratus, a New Jersey-based technology consulting firm specializing in the Property & Casualty (P&C) insurance sector. The deal is designed to merge Stratus’s deep industry expertise with Infosys’s AI-first capabilities to accelerate digital transformation for global insurance carriers.
Source: PR Newswire · PR Newswire
Infosys has announced the acquisition of Optimum Healthcare IT, a move designed to bolster its healthcare digital transformation capabilities. The deal focuses on integrating AI-powered cloud solutions to help healthcare providers modernize operations and patient care.
Global IT leader Infosys has announced the acquisition of Optimum Healthcare IT to bolster its digital transformation capabilities within the healthcare sector. The deal focuses on delivering AI-powered cloud solutions and specialized EHR optimization to healthcare providers.
Infosys has announced the acquisition of Optimum Healthcare IT to accelerate AI-driven digital transformation for healthcare providers. The move strengthens Infosys' position in the high-growth healthcare IT sector by integrating specialized consulting and implementation expertise.
Source: PR Newswire · PR Newswire
Producers Savings Bank Corporation has selected Infosys Finacle to modernize its core banking infrastructure in the Philippines. The partnership aims to replace legacy systems with a cloud-native, API-driven platform to enhance service delivery for SMEs and rural communities.
Producers Savings Bank Corporation has partnered with Infosys Finacle to replace its legacy infrastructure with a modern, cloud-native digital banking suite. This strategic move aims to accelerate product innovation and enhance financial inclusion for the bank's SME and agricultural customer base in the Philippines.
Source: cxodigitalpulse.com · finanznachrichten.de
Infosys and Formula E have unveiled a new AI-Powered Race Centre, a digital hub designed to transform fan engagement through real-time data analytics and immersive storytelling. This launch marks a significant milestone in their multi-year partnership, leveraging AI to provide deeper insights into electric racing dynamics.