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TECH MAHINDRA ACQUISITION
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO saysKotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel...
Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
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...
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...
Bagmane Prime Office REIT IPO: Subscribed 1.07 times on Day 2; check GMP and key detailsBagmane Prime Office REIT IPO is 83% subscribed on Day 2, driven by steady institutional and investor interest. The issue aims to raise Rs ...
Jhunjhunwala-backed Bagmane REIT IPO subscribed 71% on Day 1. Check GMP, price band and other detailsBagmane Prime Office REIT's Rs 3,405 crore IPO opened on Tuesday, aiming to list at Rs 100. Despite strong institutional backing, including...
Tech Mahindra to buy 85% in Canada’s Avant Techno SolutionsTech Mahindra is acquiring an 85% stake in Canadian wealth management firm Avant Techno Solutions for CAD 28 million. This strategic move a...
Blackstone-backed Bagmane Prime Office REIT sets IPO price band at Rs 95-100/unitBlackstone-backed Bagmane Prime Office REIT on Wednesday fixed a price band of Rs 95-100 per unit for its Rs 3,405-crore initial public off...
Blackstone-backed Bagmane Prime Office REIT to launch Rs 3,405-cr IPO on May 5Blackstone-backed Bagmane Prime Office REIT is poised to hit the capital markets with its Rs 3,405 crore initial public offering (IPO), sch...
Sensex jumps 639 pts, Nifty ends above 24,050 to snap 3-day losing run. What drove the rally?Indian markets surged on Monday, ending a losing streak. Investor sentiment improved following reports of Iran sending a peace proposal to ...
Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
IFC, others back Brookfield REIT's QIPBrookfield India Real Estate Trust is raising ₹2,600 crore through a qualified institutional placement. Major investors like IFC, Whiteoak ...
IFC, domestic funds back Brookfield India REIT’s Rs 2,600-cr QIPBrookfield India Real Estate Trust is raising Rs 2,600 crore through a Qualified Institutional Placement. Major investors include IFC, Whit...
Tech Mahindra to focus on platforms, acquisitions in select areasTech Mahindra is taking a more disciplined and analytical approach towards acquisitions, focusing on gaining either engineering or domain c...
Tech Mahindra acquires Com Tec, invests in two insurtech platformsTech Mahindra says the acquisition will help expand its offerings to high-end digital engineering services for some of the largest insuranc...
Tech Mahindra plans acquisition in EuropeTech Mahindra claims to have doubled investments for business opportunities in manufacturing, banking, financial services and insurance sec...