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PERSISTENT SYSTEMS ACQUISITION
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...- Trusted Interdependence: India's next step in defence self-relianceIndia's defence strategy has shifted from 'Make in India' to 'Aatmanirbharta', emphasizing indigenous development and discouraging imports....
- India's submarine hunters: Why the Navy is pushing for more helicopters and P-8I aircraftIndia is urgently bolstering its anti-submarine warfare capabilities amidst growing Chinese and Pakistani submarine presence. Naval helicop...
- Green power push gets grid backingIndia is setting standard timelines for power transmission projects. This aims to match infrastructure development with new electricity gen...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- IIT Delhi grad had to wait 7 years to start his business. Today, his net worth is over $2.3 billion. Who is Jyoti Bansal?Jyoti Bansal, an IIT Delhi alumnus, faced visa hurdles in the US. He waited seven years for permanent residency before launching AppDynamic...
- OpenAI to acquire Ona to strengthen Codex cloud capabilitiesOpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long...
- Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
- For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
- How a broke, outgunned nation turned cheap drones into the most feared weapon on EarthDrone warfare: Russia-Ukraine war has reached extreme intensity with nearly 10,000 drones used daily across frontlines. This rapid drone wa...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- From Rafales to space surveillance how India expanded military capabilities after Operation SindoorIndia is significantly boosting its military strength after Operation Sindoor. Major defense deals are being finalized, including new Rafal...
- Down but not out! BJP set to paint another state in saffron but history shows ‘Didi’ is a fighterWest Bengal’s 2026 election is beginning to look like a political map being redrawn, with old equations giving way to new alignments. The B...
- Kotak’s asset quality gains drive robust Q4 show: Dnyanada VaidyaKotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...
- IT engineering companies on acquisition spree to boost their BFSI business playAmid rapid BFSI growth, IT engineering firms are acquiring companies to boost their software engineering capabilities. Recent acquisitions ...
- Persistent Systems jumps 6% after announcing two acquisitionsFollowing the development, shares of Persistent Systems soared 6 per cent to Rs 3,755 early Thursday before paring half the gains to trade ...
- Persistent Systems is on the lookout for acquisitions: CEO Sandeep KalraPersistent Systems had a cash balance of more than Rs 26.8 crore at the end of the June quarter, and a part of that would be deployed towar...
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