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"Vijay Bro": DMK Adopts Gen Z Lingo To Reconnect With Young Voters
The DMK has since launched a series of introspection exercises.
๐ฎ๐ณ ์ธ๋ ยท "ADOPT" ยท ์ด 30๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 5,772๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 5,772๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
The DMK has since launched a series of introspection exercises.
India's IT giants Infosys, TCS, and Wipro have collectively deployed over 300,000 Microsoft 365 Copilot licenses, marking a rapid enterprise AI rollout. These companies are integrating AI into core workflows, moving beyond tool deployment to an AI-driven operating model. This significant adoption signals India's leadership in scaling agentic AI across Asia and globally.
Uber has implemented monthly usage caps of $1,500 per AI coding tool for its employees due to exceeding its AI budget. This move aims to responsibly manage the rising costs associated with AI adoption and experimentation across the company. The company previously reported that AI agents contributed to 10% of its code.
On May 9, Trinamool Congress national general secretary Abhishek Banerjee wrote to the assembly speaker proposing senior party leader Sobhandeb Chattopadhyay's name as the leader of opposition. TMC MLAs Ritabrata Banerjee and Sandipan Saha, however, complained to the speaker alleging that "no resolution was adopted regarding the selection of the leader of opposition on May 6."
Mumbai: Domestic IT stocks extended rally for the third straight session on Tuesday, driving the Nifty IT index to its biggest single-day gain in a year. Analysts said the index's chart structure remains constructive, signalling continued positive momentum in the near term.The Nifty IT index ended 4.2% higher at 31,116.6 on Tuesday, its highest gains since May 2025. The index is up 7.6% in the past three sessions, against Nifty 50's fall of 1.8%. TCS was the top gainer on Tuesday, up 6.7%, followed by Infosys, HCL Technologies and LTM, which were up 4-6% each."Indian IT stocks continue to extend gains, supported by improving global software sentiment and growing evidence that enterprise AI adoption is expanding technology spending opportunities rather than disrupting incumbent service providers," said Kunal Bajaj, research analyst at Choice Institutional Equities.Bajaj said other factors like rupee depreciation, strong orderbook and improving outlook for discretionary tech spending, are supporting the current rally in IT stocks.131473558IT stocks look strong on technical charts too. "The Nifty IT index has formed a bullish hammer pattern on the monthly chart, signalling a trend reversal," said Ruchit Jain, vice-president, Motilal Oswal Financial Services. "Within the sector, recent moves suggest a mix of short covering in stocks such as TCS and HCL Tech, along with fresh long build-up in Infosys and Coforge over the past three sessions." Despite the recent rebound, domestic IT stocks have underperformed the broader market in 2026, with the Nifty IT index declining 17.9% so far this year against a 10.1% fall in Nifty 50.Jain expects the IT benchmark's up move to extend towards 32,000-32,100, near its April highs. According to Bajaj, tier-2 IT firms have historically gained market share during tech transitions due to their agility. "With valuation premiums cooling, we see better relative risk-reward in Coforge, Persistent Systems and Happiest Minds. Among the tier-one companies, we like Infosys and Tech Mahindra," he said.
Ranveer Singh's Dhurandhar franchise has rewritten the box-office record books, with Dhurandhar and Dhurandhar: Revenge together earning more than Rs 3,000 crore worldwide. But according to producer Jyoti Deshpande, the journey to creating one of Indian cinema's biggest franchises was far from straightforward. She revealed how the makers navigated ballooning budgets, reimagined the project as a two-part saga midway through production, and adopted a unique risk-sharing model involving lead star Ranveer Singh and director Aditya Dhar.
New Delhi: Beverages major PepsiCo on Tuesday announced the launch of its premium energy drinks brand 'Adrenaline Rush' in the Indian market, strengthening its presence in the category, which has seen strong growth in recent years.Pepsico, a leading player in the energy drinks with its brand Sting, now enters the mass-premium segment with 'Adrenaline Rush', creating a portfolio that spans from Rs 20 to Rs 60 price points. Adrenaline Rush is priced at Rs 60, while Sting costs Rs 20."With two variants under Sting and two variants under its premium offering, PepsiCo is broadening consumer choice while addressing a wider range of taste preferences and consumption occasions," the company said in a statement.With its two brands -- Sting and Adrenaline Rush -- PepsiCo's energy drinks portfolio will cater to a broad spectrum of consumers, seeking value propositions to those looking for a more premium, performance-led experience.Also Read: PepsiCo new packaging to carry 'No Artificial Flavours or Colours' labelCommenting on the development, PepsiCo India and South Asia, Vice President and General Manager -- Beverages, Nitin Bhandari said, "The energy drinks category in India continues to see strong growth, and we believe there is significant headroom for further expansion as consumers increasingly seek products that cater to different occasions, functional needs and aspirations."With Adrenaline Rush, PepsiCo is strengthening its energy drinks portfolio with a globally aspirational brand tailored for Gen-Z consumers, offering two differentiated variants -- Passion Rush and Classic Rush -- in a sleek premium can format to cater to the evolving preferences of today's youth.For Adrenaline Rush, PepsiCo has launched a high-energy campaign film centred on the proposition "A-Rush, A-Game On," adopting a digital-first and culture-forward approach.Also Read: PepsiCo to invest Rs 5,700 crore in India by 2030This is aimed at resonating with Gen-Z consumers through creator-led storytelling, internet culture, and social media conversations.As per a Mordor Intelligence report, the India energy drinks market size is valued at USD 0.82 billion in 2026 and is growing at a CAGR of roughly 2-6 per cent, helped by factors such as rising disposable incomes, rapid urbanisation, and an increasing need for quick-energy solutions among young working professionals.
Itโs easy to understand why so many graduates are booing commencement speakers who tell them how great AI is. They face a brutal job market, with unemployment for recent college graduates nearing recession levels, and AI is often cited as the reason they canโt find jobs or have to drastically reassess their career plans.I have a message for the class of 2026: AI is not ruining your job prospects, at least not yet. A better explanation for the tough job market may be the prevalence of WFH, not the rise of AI.131463654Two new studies, one from the Federal Reserve Bank of New York and one from the London School of Economics, look at the recent rise in unemployment among young workers. The authors of the LSE study looked at 243 million new hires and 407 million online job postings from 2017 to 2025 in the US, UK, Australia and Canada. They observed a notable decline since 2022 in the hiring of new graduates. AI was presumed to be the reason, since the falloff tends to be in the sort of industries that are adopting AI.But these are also the same kinds of jobs โ reliant on computers, knowledge-intensive, white-collar โ that are most amenable to working from home. When they controlled for WFH, the authors found that the impact of AI on hiring was negligible.The study postulates that where WFH is more common, managing junior staff is more expensive. At the same time, young staffers who receive less training may be less productive than they would be otherwise, even as they mature and demand more pay. So the cost of WFH to young graduates is not just a harder job market โ it also makes it harder for young employees to get good training, supervision and mentorship, a point also made by the New York Fed study.WFH has always had a superficial appeal. At first, it seems easier and often cheaper for both employers and employees; companies can pay less if they offer more flexibility, and many staffers have commitments that keep them at home. In the long term, however, both management and workers pay a price in terms of lost training and career development of younger employees.This could get even worse as AI is more widely adopted. New hires recently out of college who work on their own may figure out how to do specific tasks (perhaps with AI assistance), but they wonโt learn much about how to manage office politics, charm clients or build networks. All these skills will be even more valuable in an AI job market, and none can be gained without coming into the office and observing senior colleagues.The new research doesnโt argue that AI will have no impact on hiring in the future, or that it is currently affecting hiring decisions. Itโs also worth noting that many firms are still hiring โ just not as much as before. There are a lot of factors that go into the health of the labor market, and if the economy worsens, the combination of AI and WFH could make it even harder for young graduates.What does seem clear is that AI is becoming a convenient villain for a lot of complaints people have about the economy. Tech executives arenโt helping by regularly declaring that AI can replace a lot of jobs. More likely, they are using AI as an excuse when they are letting people go for financial reasons. In the case of WFH, it may be easier to blame AI than to ask reluctant staff to come into the office.Iโve seen this reluctance firsthand: A few years ago I met middle-aged media executive who told me how much she loved working from home (or, often in her case, from a resort in Mexico). When I asked her about junior staffers missing out on mentoring and on-the-job training, she admitted she never would have succeeded if senior people werenโt in the office when she was coming up. But she didnโt seem too bothered by it, either.Iโve never been asked to give a commencement speech, but if for some reason I were, this would be my advice: Find a company where everyone likes going to work. Then try to get a job there โ and if you do, go into the office every day.
OpenAI's Sam Altman now contends that AI adoption correlates with increased hiring, not job losses. He suggests companies blaming layoffs on AI might be underutilizing the technology, calling it a "convenient way" to explain cuts. Altman believes human interaction and expertise remain central, with successful AI integration augmenting, not replacing, workers.
Nvidia CEO Jensen Huang dismisses fears of a "SaaSpocalypse," asserting that agentic AI presents immense opportunities for software firms. He argues that AI agents will boost, not replace, software, provided companies adapt their products. Huang also criticizes CEOs blaming AI for layoffs, calling such justifications "lazy" and illogical given AI's recent widespread adoption.
Shares of Coforge rose more than 2% to their dayโs high of Rs 1,495 on the BSE on Tuesday after the company announced the launch of its "Nexa Agentic AI Platform", a business platform that aims to cater to the global insurance industry.According to the company, the platform is designed to help insurers derive greater value from their existing insurance platforms and speed up time-to-market without replacing core systems. Instead, it layers AI orchestration capabilities over incumbent platforms while operating within the guardrails of leading platform providers.Built on the Coforge One AI platform, Nexa Agentic AI Platform offers a marketplace of more than 30 insurance AI assets covering underwriting, claims, product development, customer service and platform modernisation. The company said the platform is modular and composable, allowing insurers to deploy specific capabilities or adopt the full suite through an Insurance-in-a-Box model.Coforge said the platform is purpose-built for the global insurance market across Property & Casualty, Life & Annuities, Specialty insurance, as well as managing general agents (MGAs) and intermediaries. It incorporates human-in-the-loop oversight, full auditability and measurable outcomes.The platform includes six flagship orchestrators spanning the insurance value chain. These include an AI-enabled Submission Centre, which the company said can increase underwriting capacity by more than 30% through automated data extraction, validation and prioritisation.Another offering, the Agentic State Rollout Factory, is designed to automate rates, forms and filings across jurisdictions, enabling more than 25% faster realisation of new revenue. The AI-enabled Product Rollout Factory aims to accelerate product launches by 30% while improving quality and responsiveness to regulatory changes.Coforge also introduced an Agentic AI Global Expansion capability to support market entry across geographies, a Core Platform Modernisation capability that it said can reduce total cost of ownership by more than 30%, and an Agentic Claims Triaging Centre that can enable more than 35% faster claims triaging and higher straight-through processing.Rajeev Batra, Executive Vice President and Global Practice Head of Insurance at Coforge, said the platform combines the company's AI engineering capabilities with its insurance domain expertise to help clients scale AI adoption and business outcomes.Also read: Morgan Stanley says Indian stock market poised for strong year ahead. Hereโs whyThe company said the platform is designed around key insurance stakeholders, including brokers, underwriters, claims adjudicators and customer service agents. Looking ahead, Coforge plans to progressively integrate insurance knowledge graphs into the platform to enhance insurance-specific reasoning across submissions, policies, claims and customer interactions.Coforge said Nexa Agentic AI Platform will form a key part of its insurance go-to-market strategy, helping clients accelerate AI adoption while preserving existing technology investments and complying with platform guardrails.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Launching the second phase of an awareness drive, Shyam Prasad appeals to the public to reduce fuel consumption and adopt environmentally sustainable alternatives
The UDF government will adopt measures to bridge the gap between production and demand, the Chief Minister said
Nifty remains in a broad consolidation phase, with support clustered around 23,200โ23,300 and resistance near 23,750โ24,050, leaving traders watchful for a decisive breakout. While the broader structure stays constructive and buy-on-dips strategies are favoured, sentiment is tempered by repeated hurdles and late-week volatility, keeping the index range-bound with a cautiously positive undertone.DHARMESH SHAH HEAD OF TECHNICAL RESEARCH AT ICICI SECURITIESWhere is Nifty headed this week? The index is undergoing a healthy consolidation in the 23,800-23,200 zone that has set the stage to gradually head toward the 24,500 level in the coming weeks. Strong support is placed at 23,200. Some of the key observations are: Banking, auto, capital goods sectors have set a higher base while the IT sector is showing signs of revival near its decade-long support line. Brent crude oil has broken down below its one-month rising trendline support. Stocks above 50-day and 200-day SMAs within Nifty 500 rose to 68% and 45%. Nifty Midcap index broke out of a three-week consolidation to hit new record highs. Small-cap index bounced off its 52-week EMA base and sits 8% below all-time highs. Trading strategy: Decline towards 23,300-23,400 (Nifty Spot levels) should be used as a buying opportunity for a target of 23,900.TOP BETS FOR THE WEEK Tata Power: Buy at Rs 410-424, stop loss at Rs 392, target Rs 470The stock is rebounding after retesting the April 2026 breakout area of Rs 415. As per the change of polarity principle, the previous resistance is now acting as a strong support, offering a fresh entry opportunity with a favourable risk-reward setup. Sona BLW Precision Forgings: Buy at Rs 600โ610, stop loss at Rs 588, target Rs 660. The stock has witnessed a cupand-handle breakout retest pattern, indicating inherent strength. It is now forming a higher-base formation while sustaining above its cluster of moving averages, signalling a revival of structure in the larger-degree time frame 131431542TANMAY SHAH RESEARCH HEAD, SIHLWhere is Nifty headed this week? Nifty remains in a broad consolidation range of 23,200โ24,050 with a positive undertone, as long as it sustains above the crucial 23,200 support on a closing basis. Traders can adopt a buy-on-dips strategy with stops at 23,250 and targets near 24,200, though a decisive close below 23,200 would weaken the bullish structure and trigger profit-booking. Trading strategy: Traders with a moderately bullish outlook may consider a Bull Call Spread for the 9th June expiry by buying the 23,700 Call and simultaneously selling the 24,050 Call. The strategy offers a favourable risk-reward profile of nearly 1:2 while limiting downside risk, making it suitable for the current range-bound yet positive market setup. TOP BETS FOR THE WEEK: L&T: Buy at CMP Rs 4,074, stop loss at Rs 3,950, target Rs 4,240- 4,400. L&T trades firmly above its key moving averages, with a rising RSI and a bullish weekly structure, indicating a favourable risk-reward setup at current levels. Indian Energy Exchange: CMP Rs 128.31, stop loss at Rs 124.50, target Rs 134-139.80. The stock has formed a bullish double-bottom near its 50-day moving average, backed by strong volumes.SUDEEP SHAH HEAD - TECHNICAL AND DERIVATIVE RESEARCH, SBI SECURITIESWhere is Nifty headed this week? Nifty remains trapped in a broad consolidation phase, with the monthly chart reflecting indecision through a bearish candle and near-term sentiment tilting slightly bearish after Fridayโs late sell-off, though indicators still lack trend strength. The immediate hurdle lies at 23,750โ23,800, while support at 23,300โ 23,250 is crucialโbelow which a slide to 23,000 is possible, whereas a move above 23,800 could revive short-term bullish momentum. Trading strategy: Since the Index is trading in a broader range with volatility, we advise traders to go long on Nifty only on a breakout above 23,800 with a stop loss at 23,500 for a target of 24,250. TOP STOCKS FOR THE WEEK Nuvama Wealth Management: CMP Rs 1,554, stop loss at Rs 1,480, target Rs 1,690-1,750. The stock continues to display a strong price structure, trading above key moving averages across timeframes and reflecting sustained bullish momentum. After a healthy consolidation, it has broken out with buying visible on dips, while relative strength against peers and the broader market remains favourable. Syrma SGS Technology: CMP Rs 1,088, stop loss at Rs 1,045, target Rs 1,160-1,180. Syrma remains in a strong uptrend, outperforming peers in the EMS space and holding firmly above key moving averages with sustained buying interest on dips. Momentum indicators stay supportive, and improving relative strength versus the broader market points to further upside potential.
It argues that the metrics dominating AI development in the world are essentially useless for the billion-plus users across India and the Global South
The unlisted shares of Zepto Limited have fallen nearly 30% over the past month despite the company securing regulatory approval for its IPO, highlighting growing caution among investors amid volatile market conditions.Zepto's shares, which were changing hands at around Rs 52 in the unlisted market a month ago, have dropped to about Rs 40, according to dealers tracking pre-IPO transactions.The decline comes even as the quick commerce startup recently received approval from Sebi to launch its much-awaited public issue. The company had taken the confidential route to file the DRHP but may soon file its papers publicly in June, according to Bloomberg.Analysts said the fall reflects weakness in the unlisted market and a broader reassessment of valuations rather than any company-specific development. The company is being valued at around Rs 38,000 crore in the dealer market.Several companies that had planned public offerings this year have either delayed listings or adopted a wait-and-watch approach because of volatility in equity markets, geopolitical tensions and uncertainty around investor demand.The benchmark Nifty has remained under pressure for much of 2026, while foreign institutional investors have continued to remain cautious on Indian equities amid concerns over crude oil prices, global growth and the earnings outlook.The weakness in the secondary market for pre-IPO shares has also affected several startup names, with investors becoming more selective on valuations after a strong rally in the segment over the past two years.Zepto is preparing for a public market debut that could raise around $1.3 billion, or roughly Rs 11,000-12,000 crore, making it one of the largest internet IPOs since the listing of Swiggy.If the issue proceeds as planned, Zepto could become the youngest venture-backed Indian startup to enter public markets, just four years after its founding.The proposed offering is expected to comprise a substantial fresh issue of around Rs 11,000 crore along with an offer-for-sale component by existing investors.The IPO assumes significance because it comes amid intensifying competition in India's fast-growing quick commerce sector.Zepto competes with Blinkit, owned by Eternal, as well as Swiggy Instamart, Flipkart Minutes and Amazon Now.The listing is also expected to strengthen the company's balance sheet at a time when the quick commerce industry continues to spend aggressively on expansion, dark stores and customer acquisition.As of late last year, Zepto had around Rs 7,000 crore in cash, significantly lower than the roughly Rs 17,000-18,000 crore cash reserves reported by listed rivals Eternal and Swiggy.The company raised $450 million in October last year at a valuation of $7 billion. Following the fundraise, it accelerated customer acquisition efforts through higher discounts and promotional campaigns as competition intensified across major cities.Zepto had also completed its domicile shift from Singapore to India, a move increasingly adopted by venture-backed startups preparing for domestic listings.The company has appointed a consortium of investment bankers including Morgan Stanley, HSBC, Goldman Sachs, Axis Capital, JM Financial, IIFL Securities and Motilal Oswal Financial Services to manage the public issue. The IPO is expected to hit the market in the July-September quarter of 2026.While the recent decline in the unlisted share price may reflect near-term market caution, investors will closely watch the final valuation and broader market conditions when Zepto eventually launches what is expected to be one of the year's most closely watched public offerings.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
India's primary market is set for an active week in the mainboard segment, with two public issues scheduled to open for subscription even as investor sentiment remains selective amid volatile equity markets and heightened global uncertainty. The spotlight will be on the IPOs of CMR Green Technologies and Hexagon Nutrition, which together aim to raise nearly Rs 770 crore.The offerings come at a time when the IPO market has seen a lull for a few weeks in a tepid 2026. While several companies have secured regulatory approvals in recent weeks, many have put off their IPO plans due to market volatility.The first issue to hit the market next week will be CMR Green Technologies. The company's IPO will open on June 3 and close on June 5. The issue is priced in the range of Rs 182-192 per share and aims to raise Rs 630.9 crore. Equirus Capital is managing the offering.CMR Green Technologies operates in the metal recycling and circular economy segment, manufacturing recycled aluminium and zinc products for automotive and industrial applications. The company counts several leading automotive manufacturers among its customers and is positioned to benefit from increasing adoption of recycled metals and sustainability-focused manufacturing practices.The company is expected to attract investor interest given the growing focus on resource efficiency, electric vehicles and environmental regulations that are encouraging the use of recycled materials.The second mainboard issue scheduled for next week is Hexagon Nutrition.The IPO will open on June 5 and close on June 9. The company has fixed a price band of Rs 42-45 per share and plans to raise Rs 138.9 crore through an offer for sale of 3.09 crore shares. Since the issue is entirely an OFS, the company will not receive any proceeds from the public offering.Hexagon Nutrition is a research-driven nutrition company engaged in manufacturing micronutrient premixes, wellness and clinical nutrition products, therapeutic formulations and ready-to-use nutritional foods.Founded in 1993, the company operates manufacturing facilities in Maharashtra, Tamil Nadu and Uzbekistan and exports products to more than 75 countries. Its products are sold through both business-to-consumer and business-to-business channels and include brands such as Pentasure, Obesigo, Pediagold and Nutrone.The company has reported steady financial growth in recent years. Profit after tax rose to Rs 24.4 crore in FY25 from Rs 12.2 crore in FY24 and Rs 5.8 crore in FY23, while total income increased to Rs 331 crore.At the upper end of the price band, Hexagon Nutrition is valued at around 15 times post-issue earnings.Market participants will closely watch subscription trends in both issues as they could provide a signal on investor appetite for new listings after months of fluctuating market sentiment.The broader market environment remains mixed. Indian equities have faced pressure this year from elevated crude oil prices, geopolitical tensions in West Asia and foreign institutional investor outflows. However, strong domestic liquidity and continued retail participation have helped support primary market activity.SME segmentApart from the mainboard issues, the SME segment is also expected to remain active next week.Genxai Analytics plans to raise about Rs 55 crore through its NSE SME IPO, which opens on June 5 and closes on June 9. The issue is priced at Rs 110-116 per share. Vahh Chemicals will launch a fixed-price SME issue worth Rs 13.5 crore between June 4 and June 8 on the BSE SME platform.Merritronix will also tap the SME market with a Rs 70 crore issue opening on June 1 and closing on June 3.While SME offerings continue to attract investor interest, listing performance has remained mixed in recent months, making subscription quality and valuation discipline increasingly important factors for investors.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Participating in a counselling session for individuals who had been previously booked for selling banned lottery, the DSP urges them to stay away from illegal activities and to reform and adopt lawful means of livelihood
Telangana CM is expected to meet people and cadre once the proposed CMโs camp office is ready
Mumbai: The rupee's use for invoicing and settlement of international trade saw only modest growth in the last two fiscal years, the central bank's annual report showed, reflecting the ground India needs to further cover to internationalise its currency in a global trading order still dominated by the US dollar.Former RBI Deputy Governor, T Rabi Sankar, had said in October 2025 that invoicing and settling trade in rupees was a key step towards India's ambition of becoming a developed economy.131402779To encourage greater use of the rupee in cross-border trade, the RBI has introduced measures such as permitting correspondent banks in partner countries to open Special Rupee Vostro Accounts with Indian banks, alongside local currency settlement arrangements with several countries.