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Nex News Network
India's IT spending is projected to reach ₹14.7 lakh crore in 2026, driven by AI infrastructure, cloud adoption, cybersecurity and digital modernisation.
India's deep-tech startups face enterprise procurement barriers despite $2.9 billion in 2025 investment and expanded government innovation support.
GE Aerospace prepares to report Q3 2026 earnings on October 20 as investors assess aircraft-engine deliveries, aftermarket services and profit margins.
General Motors prepares to report Q3 2026 earnings on October 20 as investors assess US vehicle sales, truck profitability, EV demand and annual guidance.
Tesla, Meta and IBM report earnings on October 21 as investors assess AI investment returns, electric vehicle demand and enterprise technology spending.
Global investors increasingly use credit-default swaps to hedge debt risks as technology companies expand AI infrastructure spending and borrowing.
South Korea's Elice Group opens 16% below its IPO price after raising $151 million, as AI infrastructure valuations face renewed investor scrutiny.
Asian equities fall on October 20, 2026, as South Korea's KOSPI drops 3.61% and semiconductor stocks weaken amid concerns over AI valuations.
Jaiprakash Power Ventures Q2 FY27 profit falls 81.7% to ₹33.34 crore after a ₹511 crore exceptional charge, despite higher revenue and EBITDA.
IREDA reports ₹552 crore net profit in Q2 FY27 as revenue grows 14%, highlighting renewable energy financing demand and loan portfolio expansion.
