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Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...- Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
- Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
- How may (A)I help you; Darwinbox bags OTPP fundsWish you a very Happy Independence Day! Online platforms are trying to perfect the mix of human and AI in customer care. This and more in t...
- Cyient shares in focus as U.S. unit hit with $26,780 IRS penaltyCyient Limited faces scrutiny as its American branch, Cyient Incorporated, receives a penalty. The Internal Revenue Service issued the orde...
- Cyient DLM shares climb over 8% after Q2 profit zooms 106% YoYTechnically, the stock's day RSI (14) is at 58.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showe...
- Zaggle Prepaid, Healthvista, Cyient DLM and Rashi Peripherals receive Sebi nod for IPOZaggle operates in the B2B2C segment and is amongst a small number of uniquely positioned players with a diversified offering of financial ...
- Will taking paternity leave stifle career growth?In several companies the parental leave can be availed by new fathers anytime within a year of becoming a parent. Experts believe most new ...
- Cyient introduces new gender-neutral parental leave policy globallyUnder the new policy, Cyient employees, including birth and adoptive parents of any gender, can take up to 12 weeks of paid time off at ful...
- Clients deferring IT budgets for next year: Cyient COOCyient is now focusing on newer sectors like medical devices and semiconductors.
- Cyient gets Australia's FIRB clearance, completes acquisition of IG PartnersIn its August 31 filing, Cyient had said the enterprise value included an upfront AUD 11.6 million on a cash free and debt free basis, and ...
- Cyient to hire 800 for its Warangal R&D unitWarangal is also seeing interest from other IT players such as Tech Mahindra, which has also set up centres in the past two years. Tier-II ...
- Cyient Q1 profit up 10% at Rs 91 croreRevenue increased marginally to Rs 1,089 crore in April-June quarter as against Rs 1,080 crore in the year-ago period.
- Cyient Q4 profit jumps 55% to Rs 188 crRevenue increased 9.5 per cent to Rs 1,162.9 crore, against Rs 1,061.8 crore in the year-ago period.
- MoU signed to produce UAV systems for defence forcesA release said on Wednesday that the joint venture, named Cyient Solutions and Systems Private Limited, has 51 per cent and 49 per cent sha...
- Cyient to divest 49% stake in Puerto Rican JVThe consideration received from the transaction is $1.8 mn, post additional dividend disbursement of $9.1mn from the cash reserves, Cyient ...
- Stock pick of the week: Cyient is high growth, low-risk bet, here's whyAccording to analysts’, Cyient is expected to report an earnings growth of 19% in 2017-18, significantly above the expected industry growth...
- Cyient Q3 net profit up 14% at Rs 94 croreIts revenue increased 17.1 per cent to Rs 917.06 crore in the said quarter against Rs 783.07 crore in the year-ago period.
- Investors better off buying L&T Tech on dips after listingGiven a high asking valuation and subdued market sentiment for technology stocks, long-term investors may wait for the secondary market buy...
- Cyient Q1 net profit up 26% to Rs 68.5 croreThe Hyderabad-based saw revenues rising 28.5 per cent to Rs 621.7 crore for the said quarter from Rs 483.93 crore in the year-ago period.
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