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INFOSYS HEALTHCARE DEAL
Sensex rises 291 points, Nifty closes above 24,100; Tech Mahindra, Sun Pharma among top gainersIndian stock markets saw a positive start on Monday, with Sensex and Nifty inching up after Friday's dip. Tech Mahindra led the gains, whil...- These large- mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the bulls attempt another serious comeback, the market again faces a familiar question: Are valuations still too high, or have they reac...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- AI prescription: Infosys bags seven-year deal to upgrade Fortis-owner IHH's networkWhile IHH executives declined to reveal the value of the deal, IT industry experts said it could be worth a few hundred million dollars, de...
- The 20 stocks mutual funds are buying with Rs 1 lakh crore to defy historic FII sellingIndian mutual funds are investing Rs 1.07 lakh crore in 20 key stocks to counter historic FII selling. They are focusing on large-cap priva...
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
- Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
- Infosys shares gain over 1% after acquiring two US-based companies for $560 million. Here's what Nomura, Emkay are sayingInfosys share price gained over 1% rose after announcing the acquisition of two US-based firms, Optimum Healthcare IT for $465 million and ...
- IT firms push M&A deals to cover AI’s revenue impactWhile the capital deployment is aggressive, Karan Uppal, vice-president of Phillip Capital, highlighted that from a revenue contribution pe...
- Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 millionInfosys has entered separate agreements to acquire US-based firms Optimum Healthcare IT and Stratus in all-cash deals. The company will pur...
- Former Wipro top executive Sangita Singh may join InfosysInfosys CEO Vishal Sikka has been making a number of top level changes ever since the company’s relatively disappointing performance in the...
- Former Wipro top executive Sangita Singh may join InfosysSingh, who left Wipro last December after a stellar career of 23 years, is expected to be based in one of the key customer markets - either...
- Infosys too bid for US healthcare company TrizettoAnalysts, however, think pricing could have been a barrier for Infosys, even though it's sitting on a cash pile of $5.4 billion.
- Healthcare IT sector sees 1st billion dollar fundraising quarter in Q2As per Mercom Capital, VC funding in Healthcare IT in the April -June quarter increased 104% when compared to the January-March quarter of ...
- Infosys in advanced talks to buy US company for $450-500 millionSources said that the target company operates in the public services and healthcare space and has revenues of over $300 mn but less than $5...
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