Industry Trends

HCLTech signs multi-year deal with ASN Bank to drive digital transformation

Under the multi-year agreement, HCLTech will support ASN Bank's enterprise applications and streamline services through a distributed delivery model to enhance efficiency and customer experience. Shares of HCL Technologies Ltd ended at ₹1,655.10, up by ₹3.40, or 0.21%, on the BSE.

Industry Trends

How Oracle Lost $400 Bn in Market Cap in Just 3 Months

Q2 results revealed a mismatch between explosive demand for AI infrastructure and Oracle’s ability to convert it into immediate revenue. The post How Oracle Lost $400 Bn in Market Cap in Just 3 Months appeared first on Analytics India Magazine.

Industry Trends

Call 91.1 for rupee answered! How RBI rescued INR after 5-day slide

The Indian rupee rebounded sharply on Wednesday, posting its strongest single-day gain in two months after decisive RBI intervention halted a five-session slide. The currency closed at 90.38 per dollar, recovering from record lows near 91, as aggressive dollar sale by state-run banks curbed speculative pressure despite persistent headwinds from capital outflows and stalled US-India trade talks.