Daily trending news …
CG Power and Industrial Solutions, part of the Murugappa Group, has secured its largest-ever single export order worth ₹900 crore from the US, entering the global data centre segment. The project involves supplying advanced power transformers for hyperscale data centres. This milestone strengthens CG Power’s global footprint and complements its recent strategic expansion into semiconductor manufac
China has reduced its holdings of US Treasury securities to the lowest level in 17 years, signalling a strategic shift in its foreign exchange reserve management. As tensions with Washington persist, Beijing is increasingly diversifying into gold, non-US currencies, and overseas equity investments. The move contrasts with rising US debt holdings by Japan and the UK, highlighting changing global re
Reliance Jio Platforms intends to launch a major IPO, offering about 2.5 percent of its shares to raise over USD 4 billion, supported by artificial intelligence initiatives and a robust market. The move could position India for its largest-ever public offering, pending regulatory approval and final pricing.
The article traces the Sensex’s four-decade journey from its 1986 start to recent levels, highlighting compounding power, sector shifts, and its status as a gauge of India’s economic evolution and wealth creation for investors.
Many middle-class families fall into the home loan insurance trap, pressured by banks to buy expensive linked policies adding lakhs to EMIs through fear tactics claiming it’s mandatory. RBI and IRDAI confirm it’s optional, yet agents earn high commissions. Prepayment ends cover with forfeited premiums. Better alternative: independent term insurance at half cost offers flexible, full-term family pr
Many middle-class families fall into the home loan insurance trap, pressured by banks to buy expensive linked policies adding lakhs to EMIs through fear tactics claiming it’s mandatory. RBI and IRDAI confirm it’s optional, yet agents earn high commissions. Prepayment ends cover with forfeited premiums. Better alternative: independent term insurance at half cost offers flexible, full-term family pr
Tata Consultancy Services (TCS) announced an ambitious shift to become the world’s leading AI-driven technology services provider at its Analyst Day. Outlining a five-pillar strategy – internal AI transformation, service redefinition, talent upskilling (1.8 lakh employees trained), client adoption and ecosystem expansion via partnerships/M&A – TCS revealed its AI business hit $1.5 billion annualiz
Global IT giant Accenture is boosting its Coimbatore operations with a massive 1,00,622 sq ft expansion in ELCOT SEZ, adding 1,500 new tech professionals to its existing 6,600-strong workforce. The move reinforces Coimbatore’s growing status as a Tier-2 IT hub, offering exciting career opportunities in digital, AI and cloud domains while driving economic growth and fresh employment in Tamil Nadu’s
The Federal Reserve cut its benchmark interest rate by 25 basis points, marking a third consecutive reduction and bringing the target range down to 3.5 to 3.75 percent. This rate cut will have a great impact on gold and silver prices
Adani Group will invest $15 billion over five years to raise its airport capacity from current levels to 200 million passengers annually by 2030, covering two-thirds of India’s projected 300 million traffic. 70% funding via debt, 30% equity, positioning the airports unit strongly for its upcoming IPO.
