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Artificial intelligence has emerged as the fastest-growing segment for large IT services companies, but with a twist. Experts and industry leaders both say that the red-hot technology is not materially expanding revenues, instead improving efficiency while cannibalising current revenue visibility.For Accenture Plc, the world’s biggest IT services company, advanced AI revenue more than doubled year-on-year (y-o-y) to $1.1 billion, against a 5.95% y-o-y rise in quarterly revenue of $18.74 billion in the September-November quarter.

Subscribe to enjoy similar stories. An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative. – Benjamin Graham, economist and financial investor Value investing is one of the best ways to build long-term wealth in the stock market.

Subscribe to enjoy similar stories. Indian stock markets: Domestic frontline indices, Sensex and Nifty 50, ended flat on Tuesday, 23 December, on profit booking at higher levels, even as mid and small-cap segments ended with modest gains amid mixed global cues. The Sensex ended with a minor loss of 43 points, or 0.05%, at 85,524.84, while the Nifty 50 closed 5 points, or 0.02%, up at 26,177.15.

Subscribe to enjoy similar stories. Stock market recap: Frontline indices, Sensex and the Nifty 50, ended flat on Tuesday, 23 December, on profit booking at higher levels, even as mid and small-cap segments ended with modest gains amid mixed global cues. The Sensex ended with a minor loss of 43 points, or 0.05%, at 85,524.84, while the Nifty 50 closed 5 points, or 0.02%, up at 26,177.15.

Subscribe to enjoy similar stories. “Passion doesn’t have to look like ‘rah, rah!’" Bristol-Myers Squibb employees were giving managers pointers on how to tell whether their introverted staffers are excited about their work. After all, it can be hard to tell.

Subscribe to enjoy similar stories. Asset management companies (AMCs) are specialized entities that manage pooled investments on behalf of investors. In this editorial, we list the top AMCs regulated by the Securities and Exchange Board of India (Sebi).

. The company ditched plans last year for its Cruise robotaxi program after spending $10 billion and a decade on its development. It has suffered setbacks around its EV and autonomous-driving strategies.

Subscribe to enjoy similar stories. The Nifty IT index has risen around 10% over the past two months, driven by rupee depreciation and expectations of a recovery in discretionary technology demand. The December quarter (Q3FY26) is almost over, and collectively, the first three quarters of FY26 have shown no clear signs of easing in the earnings downgrades cycle of Indian IT services providers.

Subscribe to enjoy similar stories. India’s focus on defence has sharpened steadily over the past few years. Operation Sindoor in May brought renewed attention to the country’s defence capabilities and strengthened the outlook for domestic defence manufacturers.

Subscribe to enjoy similar stories. Shriram Finance Ltd stock, already trading at a lifetime high, gained another 3.7% on Friday to ₹902 after it announced MUFG Bank Ltd will buy 471 million shares at ₹840 per share in the company through a preferential allotment. The transaction gives MUFG a 20% stake.

Kotak Mahindra Bank Ltd sees little value in listing its subsidiaries and selling a stake to “foreigners” at present and would rather focus on building an enduring institution, said chief executive officer Ashok Vaswani, even as peers have taken their units public during India’s record IPO surge.History shows that whenever a private or public sector bank sold a significant stake, they brought buyers from overseas, Vaswani, who will complete two years at the helm of India’s fourth-largest private lender by assets in January, said in an interview with Mint.“We are not here for a day in the sun or a quarter in the sun; we are here to build a lasting, lasting, lasting franchise,” said Vaswani. “The foreigner brought in no talent, the foreigner brought in no brand.

Subscribe to enjoy similar stories. Indian stock markets: Bearish forces have been unrelenting and the trends are unable to stage any recovery despite the best intentions. With the trends remaining challenged the road ahead is fraught with uncertainty.

I am glad that Homebound’s shortlisting for an Oscar nomination gives me an opportunity to say something tangential. Modern poverty, even if it comes with a smartphone, is worse than ancient poverty. The film, directed by Neeraj Ghaywan, and written by him with Shreedhar Dubey and Varun Grover, shows two young men trying to escape poverty through the processes that India tells its young will save them.

Subscribe to enjoy similar stories. Bearish forces have been unrelenting and the trends are unable to stage any recovery despite the best intentions. With the trends remaining challenged the road ahead is fraught with uncertainty.

Accenture Plc reported $1.1 billion in advanced AI revenue in its first quarter (September-November 2025) on Thursday, compared to $500 million in the year-ago period, marking a 120% jump in the disruptive technology.Significantly, the world’s largest technology and consulting services company said it will not disclose numbers from AI business in the future, as the technology has become all-pervasive.“This will be the last quarter in which we share advanced AI bookings and revenues,” read Accenture’s earnings presentation on Thursday. “We have now reached a point where advanced AI is being embedded in some way across nearly everything we do, and many of our clients are focusing on moving beyond standalone proofs of concept or initiatives.”Accenture chair and chief executive Julie Sweet said, “It has become less meaningful to isolate the data specifically for advanced AI, as it does not reflect how the demand is evolving on the ground, the scope, the full scope of our AI work and the value we're creating.”At least one expert said Accenture’s move is also to avoid any confusion.“Accenture’s decision is pragmatic rather than evasive — GenAI is now deeply embedded across deals, pricing models, and delivery constructs, rather than a clean, standalone revenue line,” said Phil Ferhst, chief executive of HFS Research.

Denmark has cancelled Christmas—or Christmas cards at any rate. From the end of this month, the nation’s postal service will no longer carry letters.

Subscribe to enjoy similar stories. Chennai: It isn’t every day that you come across companies declaring with some ferocity that they are second best. That kind of intensity is usually reserved in the battle for the top spot.

Subscribe to enjoy similar stories. NEW DELHI : India’s leading auto component manufacturers will look to hitch a ride with Chinese carmakers amid Western auto giants’ faltering electric-vehicle (EV) bets. The Ford Motor Co.

The year that’s drawing to a close will be remembered as the point at which US President Donald Trump overturned the global trading system that had been in place since World War II. India has been a major target of Trumpian whimsy. It is now hard to believe that the world will go back to the old multilateral trading system even after Trump exits office.

Subscribe to enjoy similar stories. After four decades of shaping India’s mass car market, Maruti Suzuki is drawing on an old playbook as it prepares to enter the electric vehicle (EV) segment, choosing to build customer confidence and supporting infrastructure before launching its debut model. The move comes even as rivals scale up sales and questions persist over whether it has arrived late to the electric transition.

Subscribe to enjoy similar stories. MUMBAI : A growing disconnect between monetary policy signals and bond market pricing is forcing state-owned borrowers to step back from planned fundraisings.