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The Hindu businessline is a leading financial and business daily newspaper published by The Hindu Group of Publications.

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Artificial intelligence is a net positive for L&T Technology Services (LTTS), and its six focus areas, including digital manufacturing, are expected to contribute about 80 per cent of its revenue in five years, up from about half last year, company CEO and MD Amit Chadha said on Monday.

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Good morning readers,

Check out the latest news

Day Trading Guide for October 13, 2026: Intraday supports, resistances for Nifty50 stocks

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Stock to buy today: Netweb Technologies India (₹5,001.45) – BUY

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Today’s Stock Recommendation: October 13, 2026

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Here are the stock pages for the day
Crude oil futures traded lower on Tuesday morning after rising nearly $2 a barrel in the previous trading session, as markets assessed the impact of Russian diesel exports amid rising tensions in West Asia.

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The rupee appreciated 82 paise to 94.96 against the US dollar in early trade on Tuesday, supported by various RBI measures aimed at reducing immediate dollar demand and curbing excessive positions in the foreign exchange market.

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SaaS major Zoho has said that it will not be rolling out “the usual level of” wage increases for its employees this year. In a post on X, Founder Sridhar Vembu has said that the business outlook for the software industry remains uncertain.

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Global smartphone shipments fell 20% on-year to their lowest third-quarter level since 2012, as soaring memory chip costs and supply shortages pressured manufacturers and pushed up prices, preliminary estimates from Counterpoint Research showed on Monday.

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Shares of HCLTech rose as much as 4.9% ​in early trade on Tuesday after brokerages pointed to a stronger-than-expected quarterly margin performance, robust deal ​bookings and growing revenue from ⁠advanced AI services that offset concerns over weaker software sales.

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TVS Capital Funds, Speciale Invest, Chiratae Ventures, Kalaari Capital and Celesta India AIF are among the 14 Second-Level Fund Managers (SLFMs) selected and approved funding under the ₹1 lakh crore Research, Development and Innovation Fund (RDI) Scheme of the Government of India, reports Sindhu Hariharan.

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Companies spanning tech giant Microsoft to grocer Kroger have announced layoffs this year, deepening concerns that AI adoption will upend established industries, with job losses emerging in sectors most exposed to automation.

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Cyble, an AI-native cybersecurity company, has signed a three-year MoU with Keralam Police to strengthen cybercrime investigations through threat intelligence, investigative support and capacity building.

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The rollout of ​a ⁠fee on large payments via the UnifiedPayments Interface platform has been postponed ⁠until after ⁠Diwali, the National Payments Corporation of ​India said on Tuesday, adding that the date of implementation ​will be notified ⁠separately. The 0.4% charge for merchants on transactions exceeding 2,000 rupees ($21) was scheduled to take effect ​on October 15.

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