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Bain Capital to sell stake in Bridge Data Centres at $5 billion valuationBain Capital is reportedly seeking to offload at least 40% of Bridge Data Centres, valuing the Singapore-based firm at $5 billion. This mov...
EIB Global announces $40 million for private equity fund supporting digitalisation of Indian SMEsThe fund seeks to leverage digitalisation and technology to overcome geographic limitations and facilitate deeper market penetration.
Healthcare startup Sukino raises Rs 50 crore funding from Stakeboat CapitalSukino plans to use fresh funds for expansion to newer geographies and areas of rehabilitation.
Verloop raises $5 million in Series A funding from AWI and existing investorsThe customer support automation platform competes with global players like IBM Watson and Amazon's AWS Chatbot.
IAN makes final close of maiden fund at Rs 375 croreThe sector-agnostic fund, which had an initial target corpus of about ₹325 crore, counts as SIDBI, IIFL, Yes Bank, Max Group, Gray Matters ...
MedGenome Labs gets Rs 192 crore in Series-C RoundThe round also saw participation from Zodius Capital, former Infosys CEO Kris Gopalakrishnan and former Cognizant CEO Lakshmi Narayanan.
Unbxd raises $12.5 million in funding led by eight roads venturesThe company will use the funds to strengthen its product offering and accelerate its go-to-market play by expanding its sales and marketing...
IDG Ventures India & Axilor to invest in virtual and augmented reality-based startupsApart from the money, the selected startups can also directly pitch to the IDG Ventures investment committee and get access to startups tha...
Roadmap on job prospects needed every 10 years: ex-Infosys chief Kris GopalakrishnanHe termed as "incorrect"and "not as large as it is made out to be" a World Bank research that claimed that automation threatens 69 per cent...
Topline growth has been healthy at 28% in Q4: Suresh Kris, CFO, Brigade EnterprisesIn an exclusive interview with ET Now, Suresh Kris, CFO, Brigade Enterprises, says he expects 30-35% growth in topline and bottomline growt...
Infosys cofounder Kris Gopalakrishnan joins IDG Ventures as an adviserGopalakrishnan said his main role at IDG Ventures will be to advise it on strategy, investments and assist with identifying sectors to focu...
Stock brokers raise upfront margins up to 80% in futures and options tradesAs a normal practice, clients can trade in derivatives by giving cash or share margin of around 20-30% depending on their risk appetite.
Brokers raised hair-cut on stocks to 70%, aggravated market crashA 20-30% crash in across the counter small and mid-cap shares saw brokers raise their margins for trading in the futures and options segmen...
OFS needs price discovery to avoid MMTC type fiasco: AnalystTwo crore MMTC shares were put on the block since the OFS, but only 2.36 lakh shares have changed hands so far.The share traded at a little...
Is Kingfisher Airlines a blind bet like Satyam Computer?Not many are willing to take a risk as aviation sector is in trouble unlike IT & Kingfisher is saddled with huge debt.
- Indian IT sector back on growth path: Kris Gopalakrishnan
Growth is back and top five cos are estimated to hire 1,60,000 to 1,80,000 new employees in next 12 months, Infosys CEO said.
- Infosys top brass meets Kerala CM
IT major Infosys has shown interest in setting up a Research and Development centre of international standards in Kerala.