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India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Nearly 100 Indian companies, including Infosys, HCLTech, Axis Bank, IndusInd Bank, Reliance, Adani Green Energy, Nestle India, and Tata Capital, report Q4 earnings next week. The results will influence sector positioning across banking, technology, energy, and consumer goods heading into the new financial year.
HCLTech's Board of Directors will meet on April 20-21 to approve Q4FY26 earnings and consider a dividend declaration. The results will serve as an early indicator of IT sector demand, with analysts focused on revenue growth, EBIT margins, and FY27 guidance. An earnings call is expected to follow the board session.
Tag
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
4d ago · 4 min · Technology
Nearly 100 Indian companies, including Infosys, HCLTech, Axis Bank, IndusInd Bank, Reliance, Adani Green Energy, Nestle India, and Tata Capital, report Q4 earnings next week. The results will influence sector positioning across banking, technology, energy, and consumer goods heading into the new financial year.
2mo ago · 1 min · Markets
HCLTech's Board of Directors will meet on April 20-21 to approve Q4FY26 earnings and consider a dividend declaration. The results will serve as an early indicator of IT sector demand, with analysts focused on revenue growth, EBIT margins, and FY27 guidance. An earnings call is expected to follow the board session.
2mo ago · 1 min · Business
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