Union Bank of India reports slower loan growth, while HCL secures a major AI contract and power policy shifts.
1 report, 1 independent
Updated Jul 3
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What happened
Union Bank of India reports slower loan growth, while HCL secures a major AI contract and power policy shifts.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Union Bank of India
Indian government-owned banking company
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HCL Technologies
information technology consulting, outsourcing services and software development company
- A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.
- Major Indian IT companies, including TCS, Infosys, Wipro, and HCL, are currently locked in a fierce competition for market leadership, with TCS also vying with Reliance Industries.