/images/ppid_59c68470-image-178482505654775630.webp)
/images/ppid_59c68470-image-178476503471235681.webp)
/images/ppid_59c68470-image-178478259199316561.webp)
/images/ppid_59c68470-image-178456759156594873.webp)
What is the story about?
Tech, Turbulence & Rising Oil Prices
Markets, boardrooms and geopolitics kept investors on edge on Thursday. Infosys unveiled its next CEO, IndiGo's Rahul Bhatia sounded the alarm on airport ownership norms, and the airline slipped into a quarterly loss despite robust revenue growth. Meanwhile, surging West Asia tensions pushed Brent crude close to $100 a barrel, dragging global markets lower and weighing on Wall Street. Catch up on the top stories of the day.
Infosys names Ashiss Kumar Dash CEO designate; to succeed Salil Parekh in April 2027
Infosys has unveiled a leadership succession, appointing company veteran Ashiss Kumar Dash as Chief Executive Officer Designate, paving the way for him to succeed Salil Parekh as CEO and Managing Director from April 1, 2027.
Read more
Also Read: Infosys Q1 Results: FY27 revenue growth seen between 1.5% to 3%; Margin outlook maintained
IndiGo's Rahul Bhatia warns letting airport operators own airlines will create 'massive conflict of interest'
IndiGo promoter Rahul Bhatia has cautioned against any move to allow private airport operators to own and run airlines, saying such a policy would create a "massive conflict of interest" and ultimately work against consumers.
Read more
IndiGo slips to Q1 loss as fuel costs, West Asia disruptions overshadow 20% revenue growth
InterGlobe Aviation, the parent of IndiGo, reported a consolidated net loss of ₹238 crore for the June quarter, compared with a net profit of ₹2,176 crore a year earlier, as elevated aviation fuel prices, rupee depreciation and disruptions in West Asia outweighed strong revenue growth.
Read more
US stock market today: Dow falls over 450 points as Brent crude tops $100; Alphabet, Tesla drag Nasdaq
US stocks opened sharply lower on Thursday, July 23, as surging oil prices and disappointing earnings from technology giants Alphabet and Tesla weighed on investor sentiment. Escalating tensions in West Asia, which pushed Brent crude above the $100-a-barrel mark, further fuelled the risk-off mood on Wall Street.
Read more
Oil nears $100 as West Asia tensions escalate
The price of Brent crude, one of the key global oil benchmarks, has climbed to $100 per barrel.
Read more
Infosys earnings, $100 crude among key market triggers for Friday
The Nifty 50 heads into Friday's session with investors assessing Infosys' June-quarter earnings, Brent crude prices nearing the $100-a-barrel mark and a host of earnings-driven stock-specific developments. Stocks including Infosys, InterGlobe Aviation (IndiGo), Suryoday Small Finance Bank and Motilal Oswal Financial Services, among others, are expected to remain in focus following their latest quarterly earnings..
Stocks to Watch for July 24: Infosys, IndiGo, Suryoday SFB and more
From Motilal Oswal Financial Services Ltd reporting a 14.04% year-on-year increase in operating profit to InterGlobe Aviation reporting a consolidated net loss of ₹238 crore for the June quarter; here are stocks to track ahead of Friday's trading session
Read More
Nifty Outlook for July 24: $100 crude, Infosys results may keep bullish sentiments sour
For the week to end with gains, the Nifty 50 index needs to close above 24,334, which now appears distant as Thursday was the first time since June 11, when the Nifty could not cross 24,000 intraday. Adding to its sequences of lower highs, the index could only muster an intraday high of 23,990.
Read More
Tariff Fears, NEET Row & Blinkit's Rise
From tariff threats to airline ambitions, today's headlines had no shortage of twists. While Indian pharma shrugged off the initial shock of Donald Trump's proposed tariffs, the Adani Group explored an airline venture, Parliament remained locked in a NEET standoff, and Blinkit tightened its grip on India's quick commerce race. Here's everything that moved markets, businesses and policy today.
Why Indian pharma stocks aren't panicking yet over Trump's proposed tariffs on generic drugs
India supplies around 40% of the generic medicines imported by the US, while generic drugs account for nearly 90% of the US business of Indian drugmakers by volume. So, when US President Donald Trump announced a timeline for imposing tariffs on imported generic drugs, Indian pharmaceutical stocks were expected to come under pressure.
Read more
Adani Group seeks relaxation in airline entry norms, explores airline venture: Sources
The Adani Group has approached the Airports Authority of India (AAI) seeking a relaxation in the existing rules that currently prevent airport operators from running airline businesses, according to sources.
Also Read
India's IT and BFSI salary slowdown raises concerns over consumption and loan stress
Hiring has stalled, wage growth has weakened and lenders are seeing early signs of stress among borrowers in major technology hubs. Household debt is also rising as income growth slows. What does this mean for India's consumption story and credit outlook?
Read more
Parliament impasse continues over NEET row; Kharge says 'Until he resigns, discussion will not start'
The deadlock in Parliament over the NEET paper leak continued for a fourth day on Thursday, with the Opposition refusing to begin a discussion until Education Minister Dharmendra Pradhan resigns.
Read more
Blinkit is now nearly as large as Zepto and Instamart combined
Eternal has said in its June-quarter shareholder letter that Blinkit is now nearly as large as Zepto and Swiggy Instamart combined while remaining profitable, outlining why it believes its quick commerce business has established a clear lead over rivals.
Read more
That's your Top 10@10 for today. We'll be back tomorrow with another roundup of the biggest stories shaping markets, business and the economy.
Markets, boardrooms and geopolitics kept investors on edge on Thursday. Infosys unveiled its next CEO, IndiGo's Rahul Bhatia sounded the alarm on airport ownership norms, and the airline slipped into a quarterly loss despite robust revenue growth. Meanwhile, surging West Asia tensions pushed Brent crude close to $100 a barrel, dragging global markets lower and weighing on Wall Street. Catch up on the top stories of the day.
Infosys names Ashiss Kumar Dash CEO designate; to succeed Salil Parekh in April 2027
Infosys has unveiled a leadership succession, appointing company veteran Ashiss Kumar Dash as Chief Executive Officer Designate, paving the way for him to succeed Salil Parekh as CEO and Managing Director from April 1, 2027.
Read more
Also Read: Infosys Q1 Results: FY27 revenue growth seen between 1.5% to 3%; Margin outlook maintained
IndiGo's Rahul Bhatia warns letting airport operators own airlines will create 'massive conflict of interest'
IndiGo promoter Rahul Bhatia has cautioned against any move to allow private airport operators to own and run airlines, saying such a policy would create a "massive conflict of interest" and ultimately work against consumers.
Read more
IndiGo slips to Q1 loss as fuel costs, West Asia disruptions overshadow 20% revenue growth
InterGlobe Aviation, the parent of IndiGo, reported a consolidated net loss of ₹238 crore for the June quarter, compared with a net profit of ₹2,176 crore a year earlier, as elevated aviation fuel prices, rupee depreciation and disruptions in West Asia outweighed strong revenue growth.
Read more
US stock market today: Dow falls over 450 points as Brent crude tops $100; Alphabet, Tesla drag Nasdaq
US stocks opened sharply lower on Thursday, July 23, as surging oil prices and disappointing earnings from technology giants Alphabet and Tesla weighed on investor sentiment. Escalating tensions in West Asia, which pushed Brent crude above the $100-a-barrel mark, further fuelled the risk-off mood on Wall Street.
Read more
Oil nears $100 as West Asia tensions escalate
The price of Brent crude, one of the key global oil benchmarks, has climbed to $100 per barrel.
Read more
Infosys earnings, $100 crude among key market triggers for Friday
The Nifty 50 heads into Friday's session with investors assessing Infosys' June-quarter earnings, Brent crude prices nearing the $100-a-barrel mark and a host of earnings-driven stock-specific developments. Stocks including Infosys, InterGlobe Aviation (IndiGo), Suryoday Small Finance Bank and Motilal Oswal Financial Services, among others, are expected to remain in focus following their latest quarterly earnings..
Stocks to Watch for July 24: Infosys, IndiGo, Suryoday SFB and more
From Motilal Oswal Financial Services Ltd reporting a 14.04% year-on-year increase in operating profit to InterGlobe Aviation reporting a consolidated net loss of ₹238 crore for the June quarter; here are stocks to track ahead of Friday's trading session
Read More
Nifty Outlook for July 24: $100 crude, Infosys results may keep bullish sentiments sour
For the week to end with gains, the Nifty 50 index needs to close above 24,334, which now appears distant as Thursday was the first time since June 11, when the Nifty could not cross 24,000 intraday. Adding to its sequences of lower highs, the index could only muster an intraday high of 23,990.
Read More
Tariff Fears, NEET Row & Blinkit's Rise
From tariff threats to airline ambitions, today's headlines had no shortage of twists. While Indian pharma shrugged off the initial shock of Donald Trump's proposed tariffs, the Adani Group explored an airline venture, Parliament remained locked in a NEET standoff, and Blinkit tightened its grip on India's quick commerce race. Here's everything that moved markets, businesses and policy today.
Why Indian pharma stocks aren't panicking yet over Trump's proposed tariffs on generic drugs
India supplies around 40% of the generic medicines imported by the US, while generic drugs account for nearly 90% of the US business of Indian drugmakers by volume. So, when US President Donald Trump announced a timeline for imposing tariffs on imported generic drugs, Indian pharmaceutical stocks were expected to come under pressure.
Read more
Adani Group seeks relaxation in airline entry norms, explores airline venture: Sources
The Adani Group has approached the Airports Authority of India (AAI) seeking a relaxation in the existing rules that currently prevent airport operators from running airline businesses, according to sources.
Also Read
India's IT and BFSI salary slowdown raises concerns over consumption and loan stress
Hiring has stalled, wage growth has weakened and lenders are seeing early signs of stress among borrowers in major technology hubs. Household debt is also rising as income growth slows. What does this mean for India's consumption story and credit outlook?
Read more
Parliament impasse continues over NEET row; Kharge says 'Until he resigns, discussion will not start'
The deadlock in Parliament over the NEET paper leak continued for a fourth day on Thursday, with the Opposition refusing to begin a discussion until Education Minister Dharmendra Pradhan resigns.
Read more
Blinkit is now nearly as large as Zepto and Instamart combined
Eternal has said in its June-quarter shareholder letter that Blinkit is now nearly as large as Zepto and Swiggy Instamart combined while remaining profitable, outlining why it believes its quick commerce business has established a clear lead over rivals.
Read more
That's your Top 10@10 for today. We'll be back tomorrow with another roundup of the biggest stories shaping markets, business and the economy.
/images/ppid_59c68470-image-178474002784027238.webp)
/images/ppid_59c68470-image-178472506135618579.webp)
/images/ppid_59c68470-image-178481753002375878.webp)
/images/ppid_59c68470-image-178473256357566715.webp)
/images/ppid_59c68470-image-178469502597052050.webp)
/images/ppid_59c68470-image-178480513665771545.webp)
/images/ppid_59c68470-image-17848125695095095.webp)
/images/ppid_59c68470-image-178470503058049085.webp)