Adani commits $100 bn for RE-powered AI data centres

The initiative is expected to catalyse an extra $150 billion in investment across server manufacturing, electrical infrastructure, Cloud platforms, and supporting industries over the next decade. Photograph: ANI Photo Key Points It will catalyse an extra $150 billion Company is

Friday the 13th caps a week of AI-sparked horror in IT stocks

Top software exporters suffer nearly Rs 5 trn mcap loss as rout deepens. Illustration: Dominic Xavier/Rediff Key Points The index ended the week down 8.2% The latest bout of selling followed a steep decline in US tech stocks Launch of

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India’s second-largest IT services firm announced its December quarter earnings. Kindly note the image has

Q3FY26 results preview: IT companies’ growth likely to remain muted

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26). Illustration: Dominic Xavier/Rediff This may nudge companies to rely on cost-takeout and efficiency-led programmes

Q3 earnings, inflation data to drive markets this week

In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors’ sentiment, analysts said. Illustration: Dominic Xavier/Rediff Trading activity