Cyient shares in focus as arm acquires over 65% stake in US semiconductor firm Kinetic

Post acquisition, Kinetic is expected to contribute around 6% of Cyient’s FY26 revenues from its combined DET and semiconductor businesses.

Post acquisition, Kinetic is expected to contribute around 6% of Cyient’s FY26 revenues from its combined DET and semiconductor businesses.

Among these four projects bagged by Denta Water and Infra, the Tumakuru City project is the biggest of all with a total contract value of ₹41.74 crore, excluding GST.

Mahindra Blossom will be the company’s third Net Zero residential project in the city.

TCS executed more than 5,000 AI engagements so far, with AI related services generating about $1.5 billion in annualised revenue. This accounts for roughly 5% of the company’s revenues, compared with around 3% advanced AI revenues reported by peers.

Among the QIP shares issued to fund houses, only Valiant Mauritius Partners Offshore Ltd. previously held 1.84% stake in the company at the end of the September quarter, as per data available on the National Stock Exchange (NSE).

Sensex Today | Stock Market LIVE Updates: After a brief intraday slip below that level, the Nifty managed to close above the 50-DMA of 25,789 and also above the 25,800 mark. All of that will be put to test after…

Oracle shares fell 5% on Wednesday, triggering a steep sell-off in AI-linked names like Nvidia, Broadcom, CoreWeave and AMD, all of which fell between 4% to 8% overnight.

Micron’s results and commentary could provide investors some comfort after the twin disasters delivered by Oracle and Broadcom in terms of results, which sent AI-linked stocks into a tizzy last week, a phenomenon that is still ongoing.

The listing will make ICICI Prudential AMC the fifth ICICI Group entity to be traded on the bourses, after ICICI Bank, ICICI Prudential Life, ICICI Lombard, and ICICI Securities.

The West Texas Intermediate contract was up 98 cents, or 1.75%, at $56.92 per barrel as of 1109 GMT.