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Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro dealPersistent Systems plans to raise more than ₹6,000 crore through non-convertible debentures for its Nagarro SE acquisition. The company suc...- Persistent Systems shares slide 5% despite Q2 revenue growth. Buy, sell or hold?Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp dec...
- Dodging SaaSocalypse: AI’s enterprise moment could belong to IT servicesITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT ma...
- Stocks in news: Adani Group, OMCs, Persistent Systems and IRB InfraThe Indian stock market closed lower on Tuesday, with profit-taking affecting investor sentiment. Adani Group companies resolved their SEBI...
- Persistent Systems buys additional stake to get 83.2% control of NagarroThe mid-sized Indian IT firm will delist Nagarro shares from trading on the stock market of the Frankfurt Stock Exchange.
- PE exits in tech services stretch thin as valuation gaps widenAnalysts said the valuations are getting more realistic with some estimating markdowns of up to 30-40% in 2026 over 2025, mirroring the mar...
- 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...
- Persistent Systems’ strong deal wins boost outlook, acquisition costs pose riskFollowing a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the...
- Carnegie Fonder questions Persistent Systems' Nagarro acquisition, cites growth concernsIn an open letter on professional networking website LinkedIn, portfolio manager Gunnar Pahlson questioned the logic of paying a 140% premi...
- Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...
- Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
- Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
- Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...
- Flo 2025: How 3,500 Nagarrians reimagined the future of techNagarro's annual tech event, Flo 2025, recently transformed its Gurugram campus into an AI innovation hub. Over 3,500 employees and 230 gue...
- Nagarro plans to add 1,000 professionals in India in next 12-18 monthsDigital engineering company Nagarro plans to hire around 1,000 more staff in India within 12 to 18 months to boost its teams in Bengaluru, ...
- Nagarro hits $1 billion revenue mark in FY23Nagarro's revenue hit $1 billion in 2023, targeting $10 billion. Growing beyond Europe and North America, focusing on AI, India, and sector...
- Nagarro looks to invest in data, AI skillsNagarro, a global digital product engineering firm, is investing in data and AI skills, particularly in generative AI. The company is promo...
- India Inc opens its doors to neurodiverse employeesCompanies in India like Accenture, Wells Fargo, JP Morgan, Nagarro, and Lemon Tree Hotels are expanding diversity and inclusion programs to...
- Nagarro to expand global workforce by 4,500 in coming months"From 8,700 at the end of 2020 to 15,000 Nagarrians 14 months later - this shows how the global demand for digital engineering has translat...
- Nagarro Inc wins many US and European clients despite meltdownNagarro, Inc, a software services provider specializing in highly complex projects, has signed 24 (plus) US and European software product d...
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