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COFORGE ACQUISITION
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Eye on AI push, IT midcaps rejig top leadershipSince late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operati...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Buy capital goods on dips, stay cautious on IT and consumption: Sudip BandyopadhyayMarket expert Sudip Bandyopadhyay outlines investment strategies across key sectors. He sees opportunities in State Bank of India and a gen...
- Coforge shares surge 6%, rally 16% in three days post Q4 results. What's ahead for investors?Coforge shares saw a significant jump following robust Q4 financial results. The company reported a substantial surge in net profit and rev...
- Tech services demand is changing, not weakening: Coforge CEOCoforge CEO Sudhir Singh asserts that demand for technology services is evolving, not declining, driven by new value pools. He emphasizes t...
- Coforge shares soar 11% after Q4. Why Jefferies, Nomura, Motilal Oswal project up to 80% upside?Coforge share price surged 11% to Rs 1,295 after the IT firm reported strong Q4FY26 earnings. Net profit jumped 134% YoY to Rs 612.3 crore,...
- Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
- Coforge Q4 Results: Profit more than doubles to Rs 612 crore on robust deal winsIndian IT services provider Coforge fourth-quarter profit more than doubled, the firm reported on Tuesday, helped by a rise in order intake...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Coforge closes acquisition of Cigniti after NCLT clearanceCoforge has completed the acquisition of Hyderabad-based Cigniti Technologies after receiving shareholder approval and clearance from the N...
- Coforge completes Encora acquisition; secures $550 million loan, drops QIP planCoforge has completed the acquisition of Silicon Valley-based AI firm Encora for an enterprise value of $2.5 billion. To fund the transacti...
- India to attract major share of EQT's $15.6-billion Asia fund: EQT India headEQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees s...
- Coforge M&A Head Anup Kumar, Investor Relations chief resignCoforge has announced the immediate resignation of Executive Vice President Anup Kumar and Head of Investor Relations Manish Hemrajani. Kum...
- Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
- RBI approves $1 billion overseas direct investment by Coforge for Encora acquisitionCoforge received RBI approval for an overseas investment exceeding $1 billion to complete its $2.35 billion acquisition of US AI firm Encor...
- IT firms push M&A deals to cover AI’s revenue impactWhile the capital deployment is aggressive, Karan Uppal, vice-president of Phillip Capital, highlighted that from a revenue contribution pe...
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