News Overview

Hindustan Unilever (HUL) has inaugurated the Unilever Fragrance Hub in Mumbai, making India a key center for global fragrance innovation. The AI-powered facility is expected to accelerate product development, support premiumization, and strengthen HUL's long-term growth strategy.

Infosys has partnered with Handelsblatt Media Group to launch Editorial Link Intelligence (ELI), an AI-powered editorial engine built on Infosys Aster. The solution enhances content discovery, improves editorial workflows, and serves as another production-scale proof point of Infosys' growing enterprise AI capabilities.

South Korea's stock market capitalization has surpassed India's for the first time, fueled by a massive AI-driven rally in semiconductor giants Samsung Electronics and SK Hynix. While Korea benefits from global demand for AI infrastructure and corporate governance reforms, India's long-term investment story remains anchored in economic growth, rising incomes, and domestic consumption.

Coforge has unveiled the Nexa Agentic AI Platform, an AI-driven insurance operations solution designed to help insurers improve efficiency, accelerate product launches, modernize legacy systems, and reduce costs. The launch marks a significant step in Coforge's transformation into an AI-native technology company.

Indian IT stocks have surged as investors bet on accelerating AI spending, resilient global technology demand, potential US Federal Reserve rate cuts, and attractive valuations after a sharp correction. Here's what's driving the sector's recovery and what investors should watch next.

Anthropic has officially begun the IPO process, positioning itself ahead of OpenAI in the race to public markets. With a reported $965 billion valuation, explosive revenue growth, and strong enterprise adoption of its Claude AI ecosystem, the company could become one of the most important AI listings in history. Here's what investors need to know.

Ahead of the expected $2 trillion SpaceX IPO, Nasdaq has reportedly introduced significant changes to its index eligibility framework, including faster inclusion timelines, revised free-float requirements, and updated weighting methodologies. These adjustments could reshape how large newly listed companies enter major benchmark indices and influence passive investment flows across global markets

The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.

MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.

TCS faces mixed investor sentiment after reportedly losing part of its Royal Bank of Canada mandate while winning a multi-million-dollar AI transformation contract with SKF. Here's what the developments mean for TCS shareholders and future growth prospects.