TCS shares traded 1.28% higher around 2.30 pm on Feb 22, making up for 50% of the BSE Sensex registered during the day. A bullish engulfing pattern is seen in TCS shares. A bullish engulfing candlestick is a green candlestick that opens lower than the previous day’s close and ends higher than the previous day’s opening. HCL Tech is the top BSE Sensex gainer, followed by Tech Mahindra and Wipro.

Uber Technologies Inc. wants to quicken an expansion into the cheaper but potentially larger market for two- and three-wheeled rides in India, extending a long-running rivalry with local provider Ola. Most Read from Bloomberg Nvidia Surges After Company Proclaims AI Has Hit 'Tipping Point 'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours.

Banks that work with financial technology companies to offer banking services should be actively managing risks associated with those relationships, a leading U.S. bank regulator said Wednesday. Michael Hsu, the acting Comptroller of the Currency, has long expressed concern about certain gaps in the regulation of the payments system.

Google on Wednesday released new AI models that outside developers potentially can fashion as their own, following a similar move by Meta and others. The Alphabet subsidiary said individuals and businesses can build AI software based on its new family of "open models" called Gemma, for free. The company is making key technical data such as what are called model weights publicly available, it said.

Ambuja Cements, now a part of Adani Group, on Wednesday said it has planned to invest Rs 1,000 crore to set up a cement grinding unit in Godda district of Jharkhand. The new 4 Million Tonne Per Annum (MTPA) cement grinding unit would be set up after requisite approvals, Ambuja Cements Ltd (ACL) said in a statement.

Paint stocks came under pressure as Grasim Industries entered the space with the launch of Birla Opus in February. The flagship Aditya Birla Group company put on stream three paint manufacturing plants - in Panipat, Ludhiana, and Cheyyar - on stream the same day. Group Chairman Kumar Mangalam Birla shared the group's ambition to secure a profitable second position in paint marketing.

Haryana Shehri Vikas Parishad (HSVP) is developing only 17 new sectors in nine districts of the state, with Faridabad topping the table with five new sectors. The information was shared by chief minister Manohar Lal Khattar, who is also the HSVP chairman, in response to a query by Indri MLA Ram Kumar. Khattar denied the authority had any plans of carving out a sector in Indri.

It is possible that a single person could have substantial overall economic interest in FPI through different investment entities, each falling below threshold for UBO identification specified in the PMLA. This could cause misuse of FPI route which could lead to breach of minimum public shareholding norms or disclosure norms under Substantial Acquisition of Shares and Takeover Regulations, 2011.

ASK Property Fund will invest Rs 120 crore in a luxury housing project of realty firm TREVOC in Gurugram. ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, will invest Rs 120 crore in TREVOC's luxury residential project in Gurugram. TREVOC will be investing Rs 80 crore in the project, according to a company statement on Thursday.

Foreign institutional investors (FIIs) remained net sellers in the Indian market this month, with six sectors seeing outflows of over Rs 22,500 crore ($2.71 billion) in the first fortnight. However, the pace of selling slowed down from the previous fortnight when FIIs sold shares worth more than Rs 40,000 crore. The sector that continued to be on the hit list was financial services.

Ride-hailing platform Uber has signed a Memorandum of Understanding (MoU) with the Indian Government-backed Open Network for Digital Commerce (ONDC) for exploring mobility service integration, the firm announced at an event held in Bengaluru on February 22nd. Uber’s CEO Dara Khosrowshahi was speaking to Infosys cofounder and Aadhar architect Nandan Nilekani on building population scale technology.

Cryptocurrency analyst and trader Kevin Svenson is warning that Bitcoin (BTC) could undergo a significant correction after reaching a price last witnessed in November of 2021. Svenson tells his 72,400 YouTube subscribers in a new video that even though he remains bullish on the flagship crypto asset, Bitcoin could fall by a little over 25% over the medium term from mid-April.

S&P Global Market intelligence revised its forecast for real GDP growth in 2024 to 2.5 percent from 2.3 percent earlier, driven by an upward shift in the growth projections for the US, Canada, UK and the Euro Zone. However, it warned that the outlook on inflation remains cloudy. According to its February Global Economic Forecast Update, S&P Global Market Intelligence sees real GDP growth

History might not repeat itself, but it rhymes. The last time Japanese stocks hit an all-time high, the yen was floating around 145 to 150 to the dollar; the Bank of Japan was working on interest rate hikes amid concern over inflation, which was nonetheless modest compared with other countries. The country’s soft power was dominant overseas.

European shares rose to a record high on Thursday, boosted by a rally in global stocks that also saw Japan's blue-chip Nikkei index hit an all-time high. Europe's broad STOXX 600 index rose to 495.77 points, surpassing the 495.46 reached in Jan. 2022, as unexpectedly strong revenue forecasts from U.S. chip giant Nvidia lifted sentiment around the world.