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ITC INFOTECH MERGER
Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare pushAshok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research...- Happiest Minds rules out job cuts after merger with ITC InfotechAddressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has sp...
- ITC shares rise 5%; Happiest Minds falls 8% after FMCG major acquires IT firm. What shareholders must knowITC shares rose, while Happiest Minds fell, after ITC Infotech announced plans to acquire and merge with the Bengaluru-based IT services fi...
- Tech layoffs continue; ITC Infotech-Happiest Minds to mergeHappy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning...
- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 croreITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-fir...
- ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to mergeET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported detai...
- CitiusTech appoints Navneet Khandelwal chief financial officerA finance executive with nearly 25 years of experience in the IT services industry, Khandelwal will lead the company’s global finance, lega...
- Midcaps up M&A game with winds of tech spends revivalIndian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business mode...
- Stocks in the news: ITC, Power Grid, PVR, Tata Power, BHEL and IT stocksInfosys, MindTree, Angel One, Cyient, Anand Rathi Wealth, Den Networks, Aditya Birla Money, Roselabs Finance and more are among the compani...
- Should you be buying ITC and FMCG stocks now? Deven Choksey answers“FMCG companies would face some challenges in the near term. Somewhere in the April to June quarter, the pressure on margin could remain on...
- 7 IT, HFC and FMCG stocks to bet on now: Rahul ShahIn IT, TCS among largecaps and the L&T twins - both L&T Technology and Infotech look quite attractive post this selloff. In FMCG, I will st...
- Ahead of Market: 12 things that will decide stock action on Tuesday"A short-term correction was being anticipated for some time. It will be welcome for the market on a long-term basis," said Vinod Nair, Hea...
- Ahead of Market: 13 things that will decide stock action on TuesdayHere’s a look at what some of the key indicators are suggesting for Tuesday's action.
- A look inside Mindtree, a year after its hostile takeover by L&TA key aspect of Chatterjee’s hiring strategy was to acquire talent that has experience with scale. And scale is something that the $1.08 bi...
- Stocks in the news: Lupin, ITC, Wipro, Reliance Capital, YES Bank and Inox LeisureMeanwhile, Blue Star has announced appointment of Shailesh Haribhakti as its chairman.
- How L&T Infotech is trying to leverage conglomerate's strengths to leapfrog to the big leagueIf “deep knowledge” and “beginner’s mind” seem contradictory ideals, L&T Infotech acknowledges it.
- After Hours: Sensex movers & how RBI just changed debt fund outlookOut of the 50 Nifty stocks, 39 closed in the green, 10 in the red while one remained unchanged.
- Sensex, Nifty trade in red; Reliance, ITC, Tata Motors dragDomestic indices remained in the red zone - dragged down by index heavy-weights such as ITC, Reliance and Tata Motors.
- Sensex turns choppy after weak start; top fifteen stocks in focusTechnically speaking, for Nifty level of 7830 - 7800 is now an important support for the index whereas it face a stiff resistance around 79...
- Defining moment expected for corporate M&As as Sebi mulls revision of open offer limitThere is widespread anticipation regarding possible revision of the threshold limit for mandatory open offers for the purpose of takeovers ...
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