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IT Stocks Rally as Tech Mahindra Earnings Boost Infosys, TCS, HCLTech
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IT Stocks Rally as Tech Mahindra Earnings Boost Infosys, TCS, HCLTech

IT stocks led the Indian stock market higher on Friday as strong quarterly earnings from Tech Mahindra boosted investor confidence across the technology sector. The rally pushed the Nifty IT index up by more than 1.5% and helped the Sensex climb over 550 points in early trading. While Tech Mahindra, Infosys, Tata Consultancy Services (TCS)...

Tata, SP Group Explore Share Swap Deal to Unlock Tata Sons Stake
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Tata, SP Group Explore Share Swap Deal to Unlock Tata Sons Stake

India’s corporate sector could soon witness a major restructuring move as Tata Sons and the Shapoorji Pallonji (SP) Group are exploring a possible share swap to unlock part of the SP Group’s investment in Tata Sons. The discussions aim to help the SP Group reduce its debt while allowing Tata Sons to avoid taking on...