Google Cloud are un backlog de comenzi de aproximativ 514 miliarde de dolari. CEO-ul a declarat că Google Cloud renunță la venituri pe termen scurt pentru a sprijini dezvoltarea AI de frontieră.

Nifty a scăzut cu peste 130 de puncte. Inflația ridicată și lichiditatea insuficientă generează îngrijorare. Randamentul titlurilor de stat pe 10 ani a atins cel mai ridicat nivel din ultimii trei ani și jumătate.

Volvo Cars elimină 2.500 de posturi la nivel global, după ce anunțase deja concedierea a 3.000 de angajați. Noile reduceri acoperă aproximativ 6% din forța de muncă a companiei. Producătorul auto a identificat costuri suplimentare de 5 miliarde de coroane suedeze care trebuie eliminate.

Industry sources said imports have remained subdued due to a lack of price parity. The extension is aimed at securing supplies whenever international prices ease enough to make imports viable., Industry, Times Now

Subscrierile pentru IPO-ul Jio au depășit de șase ori volumul ofertei. La limita superioară a intervalului de preț, cererea a depășit 14,5 miliarde de dolari.

The Indian rupee rebounded significantly against the US dollar, benefitting from dollar inflows linked to the Jio Platforms IPO, which raised $3.2 billion. , Economy, Times Now

L&T Technology Services reported a 4.8 per cent year-on-year increase in dollar revenue to $317 million for the second quarter. Jefferies is bullish on a valuation re-rating for Infosys and TCS.

The Centre has allocated 1.4 million tonnes of sugar sales quota to domestic mills for the second half of October, ahead of the festive season. Maharashtra, Uttar Pradesh and Karnataka received 83 per cent of that allocation. An additional 200,000 tonnes has been allocated to sugar importers. The Centre had earlier allocated 2.65 million tonnes for September and 3 million tonnes for October.

GIFT Nifty Futures indicated a flat start to the trading day and week as the spotlight remained on oil prices and geopolitical developments., Markets, Times Now