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PROXIMUS DEAL
Information technology gets its mojo back with big September wins and October momentumIn the month of September alone, the big IT players signed a total of 26 deals which also includes deals by domestic tech firms such as Inf...- Stocks in news: Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCCStocks in news: Shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, and NBCC will be in focus due to various news development...
- Proximus sets ambitious targets after acquisition of Route Mobile in India's largest inbound FDI dealRajdip Gupta, managing director and chief executive of RML, who will now lead the Proximus group’s global CPaaS business said, he finds imm...
- Proximus thinks the route is clear for a 15% margin boostProximus targets revenue growth by acquiring Route Mobile, expanding globally with generative AI. Telesign's fraud solution introduced in I...
- Route Mobile Q3 Results: Net profit jumps 33% YoY to Rs 113.6 croreThe company’s quarterly revenue from operations was up almost 4% on-year to Rs 1024.3 crore. Meanwhile, its earnings before interest and ta...
- Indian startup funding at five-year low in Q3: TracxnThe report, dated Wednesday (September 27) further indicated a 33% reduction in late-stage funding rounds, and drastic declines of 74% and ...
- IT sector drives strong PE interest; Dunzo delays June-July pay yet againData shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as inve...
- Indian IT drives PE interest despite global headwindsInstitutional shareholding in IT services companies listed in India has also increased — by 9% for large-cap players, and 16-18% for mid-ca...
- Proximus deal opens up North American market: Route Mobile CEO Rajdip GuptaOn completion of the deal, Route would be able to operate in the high-margin CPaaS market in the US and, in return, Proximus could drive co...
- What will be the impact of Route Mobile-Proximus deal? Nikhil Choudhary answersGoing forward, we do believe they will benefit from the combined entity given both the companies have limited overlap. TrueSense, which wil...
- Route Mobile promoters to sell majority stake to Proximus for Rs 5,922 croreProximus will pay 1,626.40 rupees per share of the Indian cloud communications platform provider, the former said in a statement, compared ...
- Nokia set to replace Huawei gear in parts of Vodafone Idea's India network: SourcesTelecom operators in India have been reducing their dependence on Huawei after certain security concerns and Vodafone Idea's move is a blow...
- Infosys Q3 Results Preview: Revenue may jump 20% YoY; firm may raise FY22 guidance“We expect Infosys to upgrade its current guidance of 16.5-17.5 per cent constant currency (CC) growth for FY22 to 17-18 per cent in CC ter...
- The rise of startup advisors and micro ecommerce sitesHomegrown startups such as Zoomcar and Wakefit.co are hiring top talent from India and around the world to help them unlock the next level ...
- HCL Technologies signs multi-year deal with Belgium’s Proximus GroupThe HCL-Proximus deal expands the Belgian firm’s commitment to “act for a green and digital society”, as the cloud platform will use the la...
- India to become Vodafone’s 3rd largest mktWith only the formalities to be completed for Vodafone to acquire a controlling stake in Hutch-Essar (HEL), India will soon become its thir...
- India’s no longer a Third World: VodafoneWith Hutch, India is Vodafone's third largest market with 24.4 million subscribers after Germany and US.
- Why is Hutch important for VodafoneIf Vodafone acquires Hutch, the country’s fourth largest mobile operator with 22 million subscribers, then India will account for its third...
- India can give Vodafone its third largest marketIf Vodafone acquires Hutch, India’s third largest mobile operator with 22 million subscribers, India will account for its third largest cus...
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