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Indian in UK earns ₹18,000 an hour training AI models

Utkarsh Amitabh, a 34-year-old Indian entrepreneur in the UK, earns around ₹18,000 per hour training AI models for data-labeling startup micro1.

Starting in January 2025, he balances this work with family life and other professional commitments. Motivated by curiosity rather than money, he focuses on testing AI against complex business scenarios and refining prompts to enhance accuracy.

With prior experience at Microsoft and academic research on AI, Amitabh finds the role intellectually stimulating and complementary to his career, highlighting the growing demand for AI expertise worldwide.

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ICICI Prudential AMC shares gain 2% on Day 2

Shares of ICICI Prudential Asset Management Company (AMC) continued their upward momentum, rising over 2 percent in early trade on the second day after listing.

The stock built on its strong debut, where it had ended nearly 19 percent above its issue price, reflecting robust investor interest. Market experts remain positive on the company’s outlook, pointing to its strong position in equity assets, consistent fund performance and growing presence in PMS and AIF segments.

Brokerages have largely advised investors to buy or hold the stock, citing healthy long-term growth prospects supported by rising equity inflows and steady profitability.

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GE Vernova T&D India shares up by 10%

Shares of GE Vernova T&D India surged more than 10 percent after the company announced it had won a major High Voltage Direct Current (HVDC) transmission contract from AESL Projects Limited.

The order involves the design, supply and execution of a 2,500 MW, ±500 kV HVDC Voltage Source Converter terminal station to carry renewable energy from Khavda in Gujarat to South Olpad.

The multi-year project significantly boosts the company’s order book and revenue visibility. The contract also highlights GE Vernova T&D India’s expertise in advanced transmission technology, prompting strong investor interest in early trade.

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HCLTech buys HPE Telco unit for $160 million

HCLTech will acquire Hewlett Packard Enterprise’s Telco Solutions business for $160 million, including performance-linked incentives. The deal is expected to close within six months.

Nearly 1,500 engineers from 39 countries will join HCLTech’s global team. The acquisition strengthens HCLTech’s telecom portfolio, including 5G, AI network automation, operations support, and subscriber data management.

The business supports over a billion devices worldwide. This follows HCLTech’s earlier HPE asset acquisition. The move aims to accelerate network transformation and offer advanced services to global communication providers, boosting innovation and engineering capabilities.

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ICICI Prudential AMC among top performers in 2025 IPOs

ICICI Prudential Asset Management Company delivered a strong stock market debut, becoming the second-best performing IPO of 2025 among issues exceeding ₹10,000 crore.

The ₹10,603-crore public offer listed at close to a 20% premium over its issue price, reflecting solid investor confidence. The IPO saw heavy demand across categories, especially from institutional investors, resulting in multiple times subscription.

Only LG Electronics India recorded higher listing gains this year in the large-IPO category. The robust debut highlights sustained interest in established financial services companies, even as overall market conditions remain selective.

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TCS AI revenue reaches $1.5 billion

Tata Consultancy Services (TCS) has reported $1.5 billion in annual AI revenue, highlighting the growing demand for artificial intelligence services.

The company has successfully completed over 5,500 AI projects across various sectors, strengthening its position as a leading AI-driven technology provider. To support this growth, TCS is hiring specialized “AI-native” talent, investing in data centers, and pursuing strategic acquisitions.

These moves aim to expand its AI capabilities and integrate advanced technologies into client solutions globally. The disclosure marks TCS’s first separate reporting of AI revenue, underlining its commitment to AI-led transformation and digital innovation worldwide.

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Pajson Agro India lists at 5% premium

Pajson Agro India’s shares debuted on the BSE SME platform on December 18, 2025, listing at ₹124, a roughly 5% premium over its ₹118 IPO price, reflecting positive market reception.

The ₹74.45 crore IPO was subscribed about 6.5 times overall, with strong interest from qualified institutional buyers. Funds raised will support a new cashew processing facility in Vizianagaram, Andhra Pradesh, and general corporate purposes.

The moderate grey market premium (GMP) suggested a steady listing rather than a sharp pop, with post-listing performance likely tied to execution and margin sustainability

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Titagarh Rail bags ₹273 crore rail order

Titagarh Rail Systems has received a ₹273.24-crore order from Indian Railways for the supply of 62 Rail Borne Maintenance Vehicles (RBMVs), boosting investor interest in the stock.

The contract covers design, manufacturing, testing, commissioning, training of railway staff, and after-sales support, including maintenance and breakdown services.

Deliveries are scheduled over a 48-month period. The specialised self-propelled vehicles will be used for track inspection and maintenance, helping improve safety and efficiency across the rail network.

This is Titagarh Rail’s first major order in the maintenance and safety equipment segment, marking a strategic expansion beyond its core rolling stock business.

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Fiserv finalises StoneCastle acquisition

Fiserv has completed its acquisition of StoneCastle Cash Management, significantly enhancing its deposit and liquidity solutions for financial institutions.

The integration combines StoneCastle’s institutional deposit network with Fiserv’s core account processing, digital banking, and payment platforms, enabling banks to access broader funding options and improved cash management. The acquisition also supports digital asset services, including stablecoins and FIUSD solutions.

Regulatory approvals and customary closing conditions were met, and the deal aims to strengthen client relationships while providing innovative deposit liquidity alternatives for merchants. Financial terms of the acquisition were not disclosed.

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India gains edge as exports beat US tariffs

India’s exports to the United States rose over 22% in November, defying steep US tariffs imposed by the Trump administration.

Total exports reached their highest November level in a decade, easing fears of a tariff-driven slump. The rise gives India leverage in ongoing trade talks, reducing pressure to make immediate concessions.

Analysts say the resilient performance signals India’s economy can withstand trade tensions, potentially supporting calls to lower reciprocal duties.

This export growth strengthens New Delhi’s negotiating position with Washington amid stalled discussions on tariffs and trade barriers.