Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently a...
Layoffs at Uber; Astrobase eyes fresh fundraiseUber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
Hexaware names Vivek Jetley as next CEO as Ramakarthikeyan quitsIn his resignation letter, Ramakarthikeyan said he was leaving the position to pursue his personal interests. He will become a senior advis...
India's Hexaware CEO Srikrishna quits, EXL veteran named successorHexaware announced Vivek Jetley will become its new CEO on October 28. He joins after a twenty-year career at Nasdaq-listed EXL. Srikrishna...
FPIs stay open to IPO bets despite equity exodusForeign investors have shown a strong preference for India's primary market, channeling $4.9 billion into initial public offerings, which s...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities ended lower after erasing early gains, with Sensex falling 172 points and Nifty 33 points. Rising bond yields, Iran sanctio...
Hexaware Technologies shares rally 5%; Motilal Oswal reiterates buy with target price of Rs 720Hexaware Technologies shares rose on Monday after Motilal Oswal reiterated its Buy rating with a Rs 720 target, implying 35% upside. The br...
Buy, Sell or Hold? Morgan Stanley maintains buy on Vishal Mega Mart; Emkay Global initiates coverage on Urban CompanyBrokerages see strong upside potential in Vishal Mega Mart, Urban Company and Hexaware Technologies, citing leadership continuity, service ...
Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil IndiaIndian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24,078.30. Key corpo...
IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
PEs trade big buyouts for founder-led and AI-driven nimble companiesSuch investments are focused on digital, AI-infrastructure and data services stack. Valuations are selectively improving with business deli...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities extended gains after the US Federal Reserve kept rates unchanged, with Sensex rising 274 points and Nifty closing above 24,...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended lower on Tuesday as Sensex and Nifty erased early gains after a sharp rally. Analysts cited cautious sentiment ahead ...
IT midcaps hire executives to close AI strategy gapSeveral companies across the mid-tier outsourcing space have hired executives to help navigate the challenges posed by AI. In March, Persis...
Hexaware Technologies shares jump 8% after securing Anthropic authorised reseller status for Amazon BedrockHexaware Technologies shares rose sharply on Monday after the IT services company became an Anthropic Authorised Reseller for Amazon Bedroc...
Hexaware to invest Rs 310 crore to expand UK operationsThe move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D...