Proposed telecom outlay raised 38% to ₹73,990 crore, BSNL gets ₹28,473 crore| Business News

The government has proposed to increase the outlay for the telecom ministry to ₹73,990 crore, mainly due to a significant rise in capital infusion for state-run telecom firm BSNL. Union Minister Jyotiraditya Scindia, after the presentation of the ‘Union Budget 2026-27’, at the Parliament premises in New Delhi, on Sunday. (PTI) The increased allocation is […]

KLA Corp. price target raised to $1,751 from $1,697 at Morgan Stanley

Morgan Stanley raised the firm’s price target on KLA Corp. (KLAC) to $1,751 from $1,697 and keeps an Overweight rating on the shares. KLA’s earnings were “not a major surprise,” but shares were down post-market, driven by the company’s FY26 WFE market growth outlook of low-double digits including advanced packaging, which is below Lam Research’s […]

IITian CEO walked away from a ₹4 crore job to launch AI startup that just raised $61 million

₹4 crore job to launch AI startup that just raised $61 million”> Published on: Nov 07, 2025 01:07 pm IST Varun Vummadi and Esha Manideep, both IIT alums, launched their AI startup Giga in 2023. Giga, an Artificial intelligence (AI) support automation startup founded by two IIT Kharagpur alums, has raised $61 million in Series […]

Guidance raised for FY26 despite 2.5% decline in Q2 revenue, profit| Business News

Wipro Ltd. has raised its revenue growth guidance for the ongoing fiscal despite a decline in key financial metrics in the second quarter. Wipro CEO Srinivas Pallia during a news conference in Bengaluru. (Bloomberg) Consolidated revenue of India’s fourth largest IT services firm fell 2.5% from the previous three months to ₹22,697 crore in the […]