Pricing and product mix are expected to offer incremental support. HSBC notes that discounts were flat sequentially, while the company took a price hike of about 50 basis points during the quarter. Kotak expects average selling prices to rise 2–2.5% YoY, helped by a richer mix, including a higher share of exports and scooters.Read More

Zoho founder Sridhar Vembu has warned that AI is bursting the “inflated” SaaS bubble, as automation threatens core coding and professional tasks. He said the SaaS sector was already “ripe for consolidation,” citing a business model overly reliant on sales and marketing over product development. Years of venture capital and market hype, he added, have...Read More

Bharti Airtel is expected to deliver steady Q3 results, with brokerages forecasting up to 18% YoY revenue growth and a 35% jump in profit. ARPU expansion, strong home broadband momentum, and sustained gains in Airtel Africa are seen driving performance, while consolidated margins are likely to remain stable to slightly higher.Read More

Bank of America expects the rupee to strengthen to 88.60–89.00 by March-end after a landmark U.S.–India trade deal triggered its sharpest gain in seven years. The Rupee’s rebound follows months of pressure from foreign outflows, though BofA says RBI is unlikely to resume aggressive dollar-buying even if inflows return.Read More

India’s ‍markets regulator ​is taking a ⁠methodical approach to regulating equity derivatives ‌and is ‌not contemplating any ‌immediate measures, Chairman Tuhin Kanta Pandey said on Wednesday.Read More

Nvidia CEO Jensen Huang dismissed fears that artificial intelligence ‍will replace software and ​related tools, calling the idea “illogical”, after a significant ⁠selloff in global software stocks on Tuesday.Read More

Over the past 15 years, the worst single-day crash in the Nifty IT index was recorded on April 12, 2013, when it plunged a staggering 12%, according to ACE Equity data. The closest comparable selloff came in 2022, when the index fell 6% in a single session, making today’s plunge the steepest in six years.Read More

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Finance Minister Nirmala Sitharaman defended the STT hike on F&O trading, citing heavy retail losses and aiming to curb speculation. She highlighted increased spending on health and education, not cuts, and outlined a target of 50% debt-to-GDP by 2030-31. The budget also includes significant rural employment funding and infrastructure projects for election-bound states, incorporating youth...Read More

Global software and IT stocks suffered a sharp selloff after Anthropic unveiled new AI tools capable of automating legal, sales, marketing and data analysis tasks. Fears that AI may replace—rather than support—software firms triggered what analysts call a “SaaSpocalypse,” wiping out billions in market value across the US, Europe and India.Read More