Savings Effect

H-1B hiring by some of the biggest US tech companies is slowing as immigration policies tighten under the Trump administration. While Google and Amazon have cut approved foreign hires, Nvidia is continuing to expand its recruitment efforts amid the AI boom.

The UAE is saying that Iran has attacked or threatened multiple Gulf countries, including Kuwait and Bahrain. Because all Gulf countries are closely connected, an attack on one country should be treated as a threat to all of them. Anwar Gargash says "no Gulf state should be left to face targeting alone," he means: • Kuwait and Bahrain should not have to deal with Iran by themselves. • The UAE, Saudi Arabia, Qatar, and other Gulf countries should stand together. • If Iran targets one Gulf nation, the entire Gulf region should respond with a united position. • Gulf security is interconnected, so instability in one country can affect all neighboring countries.

CCI APPROVES PROPOSED COMBINATION RELATED TO RESTRUCTURING OF UPL GROUP COMPANIES AND OTHERS - PIB

SUZLON: CO REVEALS ITS GROWTH AMBITION OF 10 GW RE SALES & 70 GW OF AUM. SUZLON: CO IS ENTERING A TRANSFORMATIVE GROWTH PHASE - SUZLON 2.0 WITH A CLEAR AMBITION TO BECOME ONE OF THE WORLD’S MOST INTEGRATED RENEWABLE ENERGY COMPANIES. BY FY31

Delhi Fire Tragedy Death Toll Rises To 21 After Malviya Nagar B&B Blaze

CABINET SAID TO GIVE RELEIF TO AIRLINES IN ATF PRICES: ZEE BUSINESS

India’s three largest IT services companies, Infosys, Tata Consultancy Services and Wipro have collectively expanded their Microsoft 365 Copilot deployments to more than 300,000 employees. Microsoft said each of the three companies now has more than 100,000 Microsoft 365 Copilot licences in use, up from deployments of around 50,000 seats announced in December 2025. The company described the rollout as one of its largest enterprise AI deployments globally and a sign that organisations are increasingly embedding AI agents into day-to-day workflows rather than treating them as standalone productivity tools.

CAPACITE INFRAPROJECTS LTD: RECEIVED LETTER OF INTENT WORTH ~₹589 CRORE FROM TEN X REALTY

CMR Green Technologies IPO Opens today Management sounds optimistic while giving us their vision. Some takeaways 👉 Target 20-25% market share vs 17% now 👉 Focus is on improving margins & ROCE

India On USTR Tariff Proposal India remains engaged with the U.S. under the Section 301 proceedings and is simultaneously working with Washington to finalize the bilateral trade framework agreement announced earlier this year.

VARROC ENGINEERING LIMITED: CO. ENTERS STRATEGIC COOPERATION WITH SUZHOU TOLYY OPTRONICS FOR NEXT-GENERATION DIGITAL COCKPIT SOLUTIONS; PARTNERSHIP TO LOCALIZE SUPPLY AND MANUFACTURING FOR VEHICLE PLATFORMS.

SEBI Issues Administrative Warning To ICICI Prudential AMC Over Investor Complaint • SEBI issued an administrative warning to the company regarding an investor complaint. • The regulator observed a procedural delay in verifying an investor's eligibility to invest in a scheme. • The observation relates to compliance and process timelines rather than any fraud, mis-selling, or financial irregularity. • No monetary penalty or business restriction has been reported.

Manappuram Finance Management Gives Strong FY27 Gold Loan Growth Guidance • Gold loan growth expected to match FY26 levels, implying nearly 50% YoY growth. • Guidance is significantly above Street expectations of 15–20% growth. • Management has also raised gold loan yield guidance to 18–18.5% from 17.5–18% earlier.

RELIGARE ENT : ED SPECIAL COURT ISSUES SUMMONS TO 5 ACCUSED IN RELIGARE ENTERPRISES MONEY LAUNDERING CASE

PIRAMAL PHARMA LTD: PERMANENT REVOCATION OF CLOSURE DIRECTIONS FOR DAHEJ SITE BY GPCB; OPERATIONS CONTINUE IN NORMAL COURSE; COMMITMENT TO ENVIRONMENTAL COMPLIANCE

POWER MECH: CO WINS ORDER WORTH RUPEES 266 CR

IIFL Finance bounces after massive underperformance! DAM Capital on IIFL Finance Target value of Rs.670 Factors 1️⃣ Right to win in gold loan with the most granular presence across nation which will drive market share gain from unorganised players 2️⃣ Non gold book better compared to peers with housing sub forming the major share. After recent consolidation, expect growth & earnings to be healthy from here-on. 3️⃣ Stock trades at 1.1x on FY28e book & ~6.5x on FY28e earning 4️⃣ Expect ~2.5% plus RoA & above mid-teens RoEs over next 2 years Earnings growth to be one of the strongest among peers in FY27.

INDIA (MAY) HSBC INDIA PMI SERVICES ACTUAL: 59.8 VS 58.9 PREVIOUS

ZYDUS LIFESCIENCES: CO. RECEIVES WARNING LETTER FROM USFDA FOR BADDHI FACILITY; LETTER RELATES TO TECHNICAL OBSERVATIONS ON PURIFIED TALC NOT MEETING USP REQUIREMENTS; NO IMPACT ON CURRENT OPERATIONS AND SUPPLIES.

ZYDUS LIFESCIENCES: CO. RECEIVES WARNING LETTER FROM USFDA FOR BADDHI FACILITY