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IT Stocks Rally as AI Boom Lifts Sentiment; Infosys and TCS Lead Gains

IT Stocks Rally as AI Boom Lifts Sentiment; Infosys and TCS Lead Gains

Indian IT stocks witnessed a strong rally, with Infosys and TCS gaining between 2 and 4 percent, while the Nifty IT index surged nearly 3 percent, outperforming the broader market. The sector emerged as a bright spot amid overall market weakness, driven by renewed optimism surrounding artificial intelligence (AI) and encouraging global technology trends. Investor sentiment received a boost after cloud data platform company Snowflake reported stronger-than-expected earnings and provided an upbeat outlook, citing robust demand for AI-related products and services. The results reinforced expectations that global enterprises will continue increasing investments in AI infrastructure, data analytics, and digital transformation…
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JSW MG Motor India Defies Supply Chain Hurdles with 6,048 Units Sold in May

JSW MG Motor India Defies Supply Chain Hurdles with 6,048 Units Sold in May

JSW MG Motor India announced on Monday that it achieved retail sales of 6,048 units in May 2026. While the automaker did not disclose comparative year-on-year sales figures for May 2025, the latest numbers highlight the company's steady performance in a highly volatile market environment. In an official statement, the company revealed that it is actively navigating complex supply chain challenges through resilient manufacturing strategies. Despite encountering global supply chain disruptions, rising commodity prices, and a sharp escalation in freight tariffs, JSW MG Motor India managed to maintain a stable sales momentum throughout the month. Adding to its positive momentum,…
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Removal from Leadership is Now Only a Matter of TimeHardik Ready to Leave Mumbai

Removal from Leadership is Now Only a Matter of TimeHardik Ready to Leave Mumbai

It was the five-time champions Mumbai Indians who turned Hardik Pandya into a superstar of world cricket. The management did not hesitate even a bit to remove Rohit Sharma—the most successful captain in terms of numbers—to place Hardik in the leader's seat. That very Mumbai Indians management is now furious with Hardik. His removal from leadership in the near future is almost certain. Not just leadership, the possibility of him being dropped from the team altogether has also become starkly apparent. This time, Mumbai had to conclude their IPL campaign languishing in the ninth position. Winning only four out of…
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North 24 Parganas students secure global ranks in SOF Olympiads

North 24 Parganas students secure global ranks in SOF Olympiads

Students from North 24 Parganas have delivered a strong academic performance in the Science Olympiad Foundation (SOF) examinations for the 2025–26 academic year, highlighting the district’s growing focus on competitive learning and global academic exposure. The SOF Olympiads witnessed participation from millions of students across 72 countries, with over 29,000 students from North 24 Parganas taking part in various examinations conducted by the foundation. Leading the achievements, Ashna Armin and Md Minhaz Uddin Molla of Class 4 from ABN Global Academy secured International Rank 1 in the International Computer Science Olympiad (ICSO). They will receive Gold Medals along with Certificates…
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Market Mayhem: MSCI Rebalancing and Premium Valuations Trigger ₹20,637 Crore Single-Day FII Exodus

Market Mayhem: MSCI Rebalancing and Premium Valuations Trigger ₹20,637 Crore Single-Day FII Exodus

Indian equity markets witnessed severe turbulence on Friday as Foreign Institutional Investors (FIIs) executed a massive single-day sell-off, pulling out a staggering ₹20,637 crore from domestic stocks. This aggressive offloading heavily dragged down benchmark indices, sending the Nifty 50 tumbling by 359 points to close at 23,547. Market analysts pointed out that the primary catalyst behind this historic single-day liquidation was the scheduled semi-annual rebalancing of the MSCI Global Standard Index. The routine indexing shift triggered intense passive fund outflows, particularly impacting high-weight index heavyweights such as HDFC Bank, which experienced heavy institutional supply. Additionally, international investors are actively reallocating…
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Coca-Cola and Google launch AI-powered ‘Halftime Surprise’ for Gen Z consumers

Coca-Cola and Google launch AI-powered ‘Halftime Surprise’ for Gen Z consumers

Coca-Cola India has partnered with Google to launch “Coca-Cola Halftime Surprise”, an AI-powered consumer engagement platform built using Google Gemini, aimed at turning everyday Coke breaks into interactive digital experiences for Gen Z consumers. Launched on May 28, the campaign introduces three AI-led experiences that consumers can access by scanning QR codes on special Coca-Cola packs. Inspired by Coca-Cola’s global “Halftime” philosophy, the initiative combines storytelling, music and artificial intelligence to create personalised content and reward-based engagement. The experience allows users to enter themed digital worlds powered by Gemini’s Canvas feature. Consumers can create comic-strip narratives, music-inspired alter egos and…
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Hero MotoCorp launches Super Splendor XTEC 2.0 with advanced tech and higher fuel efficiency

Hero MotoCorp launches Super Splendor XTEC 2.0 with advanced tech and higher fuel efficiency

Hero MotoCorp on Wednesday launched the all-new Super Splendor XTEC 2.0, an upgraded version of its popular 125cc commuter motorcycle, featuring enhanced technology, improved fuel efficiency and refreshed styling aimed at modern riders. The motorcycle maker said the latest Super Splendor XTEC 2.0 is part of its aggressive product revitalisation strategy and has been designed to offer a better everyday commuting experience. Built on the long-standing Splendor legacy that began in 1994, the motorcycle combines trusted performance with modern-day convenience features. Powered by a 124.7cc single-cylinder engine, the motorcycle delivers 10.7 bhp at 7500 rpm and 10.6 Nm torque at…
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Former Militants Announce Statewide Blockade in Tripura Over Rehab Delay

Former Militants Announce Statewide Blockade in Tripura Over Rehab Delay

An organisation representing former insurgents who have returned to mainstream life has announced an indefinite blockade of national highways and railway routes across Tripura from June 5, alleging prolonged delays in the implementation of their rehabilitation package. The announcement was made during a press conference held in Agartala on Saturday, where leaders of the organisation accused both the state and central governments of failing to fulfil commitments made to surrendered militants regarding their rehabilitation and resettlement. According to the organisation, the Government of India had sanctioned approximately Rs 45 crore before 2017 for the rehabilitation of former insurgents. However, its…
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Assam Reports Twin Tragedies as Elephant Attacks Kill Two and Pregnant Jumbo Dies by Electrocution

Assam Reports Twin Tragedies as Elephant Attacks Kill Two and Pregnant Jumbo Dies by Electrocution

A tragic series of human-elephant conflict incidents unfolded in Assam on May 30, resulting in the deaths of two villagers in Nagaon district and a pregnant wild elephant in Goalpara district. In Nagaon, two people, identified as Chahaj Uddin and Hanufa Khatun, lost their lives after a herd of wild elephants entered Kandapara and Ranglubasti villages under the Kampur Range Forest Office during the early hours of the morning. The elephants reportedly trampled the victims to death while moving through human settlements. According to family members, Hanufa Khatun was dragged out of her house by an elephant before being fatally…
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Mizoram Opens First-Ever New Age Tech Skills Centre in Northeast

Mizoram Opens First-Ever New Age Tech Skills Centre in Northeast

Mizoram took a significant step towards strengthening technology-based education with the launch of the Northeast region's first New Age Tech Skills Centre at the Government Comprehensive Model School in Aizawl. The centre was inaugurated by Mizoram School Education Minister Vanlalthlana and is aimed at providing students with hands-on training in emerging technologies and industry-relevant technical skills. Officials said the facility has been established under the Corporate Social Responsibility (CSR) initiative of Bharat Forge Limited with technical support from SimuSoft Technologies in collaboration with the School Education Department. The centre is equipped to offer training in a range of advanced technologies,…
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