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PE-backed IT companies growing faster, thanks to costs control, ops shifts, say expertsPrivate equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes....- Indigo refunds: Social media abuzz with customer concerns on refundsPassengers are complaining about IndiGo's refund process. Many report being charged cancellation fees and receiving only partial refunds. T...
- IT services firm Xoriant acquires TestDevLab to deepen European footprintThough the deal size was not mentioned, TestDevLab has an annual revenue of $30 million. The Latvia-based software quality engineering firm...
- GREW Solar raises Rs 300 cr to fund growth plansGREW Solar announced on Monday that it has raised Rs 300 crore from investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings, ...
- Eye on AI, tech companies rejig top deck, plan structural overhaulIndia’s IT services sector is undergoing leadership and structural changes due to AI’s rising influence and a tough business environment. S...
- Cyient shares rally 4% after company appoints new CEO for DET BusinessCyient share price: Shares of Cyient surged 4% to an intraday high after the appointment of Sukamal Banerjee as executive director and CEO ...
- IT firm Cyient appoints Sukamal Banerjee as CEOThe appointment comes after Karthikeyan Natarajan resigned as Cyient’s CEO and executive director last month following poor third quarter f...
- BigBasket must deliver quick; Tesla eyes land in IndiaHappy Wednesday! The quick commerce sector is racing ahead, and the Tata Group is wary of getting left behind. This and more in today’s ETt...
- Xoriant appoints Rohit Kedia as Chief Executive OfficerXoriant has appointed Rohit Kedia as its new CEO. Kedia, with 28 years of experience in technology and digital engineering, previously work...
- ChrysCapital-backed Xoriant appoints former LTIMindtree executive Rohit Kedia as new CEOMeanwhile, Kedia served as the chief growth officer at LTIMindtree, where he served more than eight years, including seven years at L&T Inf...
- Tax-saving ELSS fund gave 17.6% returns in three years; should you invest?SUNDARAM ELSS TAX SAVER FUND: It takes a large-cap tilt like many of its peers in the tax-saving fund category. It has a preference for gro...
- ShareChat fires another 15% staff; inside the rush for a payment aggregator licenceVernacular social media platform ShareChat on Wednesday executed another round of layoffs. This and more in today’s ETtech Top 5.
- Why should OTTs pay fees to telcos?T V Ramachandran, president of Broadband India Forum, argues against the idea that large traffic generators like OTTs should pay a fee to t...
- Kolkata's Baazar Style plans Rs 700-cr IPO, hires bankersThe proposed IPO will value the retail chain at Rs2500 crore, sources said. About Rs300 crore will be raised as primary capital while Rs400...
- 8 ELSS or tax saving mutual funds complete 25 years; 6 offer 15-23% CAGRThe ELSS category manages a whopping Rs 1.5 lakh crore, as on August 31. These schemes have come a long way from offering a maximum tax ded...
- Sensex snaps 5-day winning streak, Nifty nears 10,700The BSE Sensex closed 346 points lower at 36,329.01 after a highly volatile session.
- Use calendar spreads on Nifty to play volatilityThe strategy is a play on volatility with price of the sold option expected to decline by June.
- Want to work in a startup? But, what about its workplace culture?Startups pride about a work culture that is based on openness and fluidity. However, recent high profile cases show there is a dark underbe...
- Many Bhangaar stocks doubled wealth in 1 year: But be extremely ‘penny’ wiseAt a time when the benchmark equity indices have struggled to generate returns, more than 30 penny stocks doubled investor wealth in last o...
- L&T Infotech to expand presence in US, Europe"Our clients comprise some of the world's largest and well-known organisations, including 41 of the Fortune Global 500 companies.
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