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View All PicksInfosys Cuts FY27 Revenue Guidance to 1-2% Despite $5.2 Billion in Deal Wins and a 29% Jump in AI Revenue
Infosys reported a 6.2% rise in second-quarter net profit to ₹7,823 crore on revenue of ₹49,244 crore, but cut its full-year revenue growth guidance to 1-2% in constant currency from 1.5-3%, citing pricing pressure and client demands for productivity gains. The shares fell on Monday, October 26, dragging the Nifty IT index down 1.2%.
Goldman Sachs Cuts Its Kospi Target 25% to 9,000 but Says Korean Stocks Priced at Four Times Earnings Are the Cheapest Since 2006
Goldman Sachs has cut its 12-month target for South Korea's Kospi by 25% to 9,000 from 12,000 after the index fell more than 35% from its June peak, but its strategists, including Timothy Moe, say the new target still implies more than 60% upside. The Kospi trades at about four times forward earnings, a level unseen across 18 major markets since 2006.
US Moves to Add Biotech to Outbound Investment Curbs on China, and Beijing Warns of Countermeasures Against a 'Discriminatory' Plan
The US Treasury has proposed expanding its Outbound Investment Security Program to cover biotechnology and to tighten limits on American investment in Chinese AI, quantum, supercomputing and hypersonics, with Treasury Secretary Scott Bessent pushing the biotech addition. China's commerce ministry said on Saturday, October 24, that the plan was discriminatory and that it reserves the right to take countermeasures.
Deep Dives

Tata Communications to Invest Up to $450 Million in 10,000-Km Fibre Network Built for India's AI Boom
Tata Communications will invest $400–450 million over three to five years to build a 10,000-km fibre network with 7.2 petabytes of capacity, linking India's major data-centre hubs to serve hyperscalers, neo-clouds and AI labs.

Anthropic Files for Nasdaq IPO Under 'ANT', Revealing $16.3 Billion in First-Half Revenue and a Swing to Operating Profit
Anthropic has publicly filed for an initial public offering on Nasdaq under the ticker ANT, disclosing first-half 2026 revenue of $16.3 billion, a second-quarter operating profit of $974 million and compute commitments of up to $120.5 billion, in what could be one of the largest listings in history.

EQT Agrees All-Stock Deal for Range Resources, Creating a $50 Billion US Natural Gas Giant
EQT Corporation has agreed to acquire Range Resources in an all-stock merger that will create a natural gas producer with an enterprise value above $50 billion and output of more than 9 Bcfe a day, as US gas demand rises with LNG exports and AI data centres.

Meta Launches Plan to Raise Up to $95 Billion in Stock as AI Spending Pushes Free Cash Flow Negative
Meta Platforms plans to raise up to $95 billion through equity, including about $35 billion of underwritten offerings and up to $60 billion of new non-voting Class C shares, after its AI build-out produced the company's first negative free cash flow in more than a decade.

China's Approaching.AI Raises More Than ¥1.3 Billion as Investors Pile Into AI Inference Infrastructure
Beijing Qujing Technology, which operates as Approaching.AI and supplies AI inference infrastructure to model developers such as Zhipu and Moonshot AI, has raised more than ¥1.3 billion in a Series B round backed by state-linked funds, ICBC Investment, SenseTime and Wangsu.
Startups

Unacademy Co-Founders Gaurav Munjal and Roman Saini Turn Venture Capitalists With ₹700 Crore Longshot Capital Fund
Unacademy co-founders Gaurav Munjal and Roman Saini are raising a ₹700 crore fund, Longshot Capital, to back seed-stage AI and deeptech startups, with about ₹250–300 crore in commitments and a first close targeted for January 2027.

Maths Gaming App Matiks Raises $10 Million Led by General Catalyst to Take on the US Market
Bengaluru-based social gaming startup Matiks has raised $10 million in a pre-Series A round led by General Catalyst, with Ronnie Screwvala and Info Edge Ventures joining, as it expands to the US and builds an AI tool for creating games without code.

BioStack Raises $9.5 Million Seed Led by Peak XV and Afore to Build Healthcare Data Infrastructure Across Four Countries
BioStack, a healthcare data startup founded by Sanat Mishra, has raised a $9.5 million seed round led by Peak XV Partners and Afore Capital, with Y Combinator and DCVC participating, as it builds access to more than 100 million de-identified patient records across the US, India, Brazil and Argentina.

Defence-Tech Startup Paar Autonomy Raises ₹10 Crore to Build GPS-Free Navigation and Drone Cameras for India's Forces
Bengaluru-based Paar Autonomy has raised ₹10 crore in a round led by AdvantEdge Founders to develop its Sentinel-series drone cameras and navigation systems that work without GPS, as India's military seeks resilient technology for contested environments.
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Ather Energy Posts Its First Quarterly Profit as Scooter Sales Jump 42% and Revenue Climbs 63%
Ather Energy has reported its first-ever quarterly net profit, earning ₹1.26 crore in the September quarter against a ₹154 crore loss a year earlier, as revenue rose 63% to ₹1,464 crore and electric scooter sales climbed 42% to 93,211 units.

BioStack Raises $9.5 Million Seed Led by Peak XV and Afore to Build Healthcare Data Infrastructure Across Four Countries
BioStack, a healthcare data startup founded by Sanat Mishra, has raised a $9.5 million seed round led by Peak XV Partners and Afore Capital, with Y Combinator and DCVC participating, as it builds access to more than 100 million de-identified patient records across the US, India, Brazil and Argentina.

KEC International Wins Record ₹2,872 Crore Power Grid Orders to Carry 8.5 GW of Gujarat's Renewable Energy
KEC International has secured its largest-ever domestic transmission order, worth ₹2,872 crore, from Power Grid Corporation of India to build 765 kV lines that will evacuate 8.5 GW of renewable energy from Gujarat, taking its year-to-date order intake past ₹13,500 crore.

Swiggy Renews Insurance Cover for 25 Lakh Delivery Partners, Extending Maternity Benefits to Women Riders and Spouses
Swiggy has renewed its insurance programme with IndusInd General Insurance for more than 25 lakh delivery partners, covering accidental death of up to ₹10 lakh, hospitalisation of up to ₹2 lakh and maternity benefits for women partners and the spouses of male partners.

The Quiet Force
Ratan Tata doesn't fit the modern idea of a global business icon. No aggressive visibility. No personal branding machinery. No Obsession with scale for it own sake. And yet he reshapoed the glohal perception of indian business, not through nocie, but through the stready accumulation of pricipled decisions made over decades.
TIGI Monthly
Ratan Tata doesn't fit the modern idea of a global business icon. No aggressive visibility. No personal branding machinery. No Obsession with scale for it own sake. And yet he reshapoed the glohal perception of indian business, not through nocie, but through the stready accumulation of pricipled decisions made over decades.
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