Mitul Shah & Associates

Foreign funds return to Indian tech stocks on AI growth bets

Foreign investors are returning to Indian IT stocks, driven by the rising adoption of artificial intelligence and improved business visibility. Companies such as TCS, Infosys and HCL Tech are seeing strong AI-led growth, reviving sector sentiment despite near-term earnings pressure and uneven performance across firms.

Jio Platforms sets ball rolling on mega public float proposal

The company, the telecom and digital business unit of Reliance Industries (RIL), is ready to file its draft red herring prospectus once the finance ministry clears a proposal by the Securities and Exchange Board of India (Sebi) to allow a 2.5% public float for mega IPOs.