Indian Firms Lose $150 Billion, Face Big Drops in FT Global 500 Rankings

February 7, 2026

Indian Firms Lose $150 Billion, Face Big Drops in FT Global 500 Rankings

Fourteen Indian companies in the FT Global 500 have lost $150 billion in value in Q1 2008. Reliance Industries leads but dropped 15 spots. Some giants like IOC and HDFC have fallen off the list.

Sensex Hits Resistance; Medium-Term Outlook Hinges on Key Support Levels

February 7, 2026

Sensex Hits Resistance; Medium-Term Outlook Hinges on Key Support Levels

Sensex’s sharp rise is now facing strong resistance between 15026 and 15390 points. The medium-term trend depends on crucial support at 14104 points. A fall below that could push the index down to 13513 points, while breaking resistance could lead to gains above 16600 points.

Rupee Fall Hits Indian Companies with Foreign Currency Loan Losses

February 7, 2026

Rupee Fall Hits Indian Companies with Foreign Currency Loan Losses

Due to rupee depreciation, Indian firms face big accounting forex losses on foreign loans. Tata Steel, Tata Motors, and others report hundreds of crores in mark-to-market losses, affecting profits but not cash flow.

Arun Kumar Warns US Financial Crisis Will Worsen as Obama Takes Office in January

February 7, 2026

Arun Kumar Warns US Financial Crisis Will Worsen as Obama Takes Office in January

Arun Kumar warns the US financial crisis will grow bigger when Barack Obama becomes president. He says past tax cuts were too small and banks now face a trust crisis. Kumar urges global cooperation like the G-20 and highlights the urgent need to focus on job creation.

Prabhudas Lilladher Rates Infosys 'Reduce' with Rs 1,246 Target Amid Weak Outlook

February 7, 2026

Prabhudas Lilladher Rates Infosys 'Reduce' with Rs 1,246 Target Amid Weak Outlook

Prabhudas Lilladher has given Infosys a 'reduce' rating, setting a target price of Rs 1,246. The firm cites weak industry outlook, pricing pressure, and slow earnings growth as key concerns.