L&T Semiconductor Technologies and IBM have announced a strategic partnership to design advanced processors for sectors like automotive, energy, and industrial, focusing on innovation, functionality, and performance. This collaboration aligns with India's ambition to create globally competitive semiconductor technologies.
Open FlipEuropean shares were flat on Tuesday, after a 1% jump in the previous session, as investors parsed through a mixed set of economic data while awaiting a widely expected ECB rate cut later in the week. The pan-European STOXX 600 index was holding its ground at 510.40 points at 0715 GMT. AstraZeneca was the biggest drag, sliding 5% after detailed study results showed its experimental lung cancer.
Open FlipA better Q1 earnings show and an upbeat growth outlook doesn't seem to be enough to keep analysts attracted to Apollo Hospitals. Apollo Hospitals' stock fell out of favor with analysts despite a strong Q1 earnings show and upbeat growth outlook, due to concerns over high valuations, with 23 "buy" calls, 3 "hold" and 2 "sell" ratings, amidst caution over margin contraction in FY26.
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