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KALEYRA ACQUISITION
Tata Communications buys 51% of Commotion Inc. to fast-track its AI transformationTata Communications has acquired a 51% stake in AI-native enterprise SaaS company Commotion Inc. This strategic move aims to bolster AI ado...- Tata Communications’ overseas revenues continue to outgrow India: CEOFor the April-June 2024 period, the company reported a 12.78% decline in net profit to Rs 332.93 crore for Rs 381.75 crore from a year ago....
- Tata Communications dials up AI compute spends as Nvidia deal advancesCloud infrastructure provider Tata Communications MD and CEO AS Lakshminarayanan told ET the Tatas will partake in the Centre's AI Mission ...
- Aiming to deliver double digit organic growth in FY-24: Amur S Lakshminarayanan, Tata CommunicationsAnd Kaleyra, we have had an accelerated closure and we will be integrating that. So we will put our heads down, make sure now the execution...
- Hot Stocks: Brokerage view on Aditya Birla Capital, Tata Communications, HDFC Bank and SBI CardThe global investment bank believes that AB Capital is poised to post double profits in the next 3 years. The NBFC firm can gain from MSME ...
- 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...
- Tata Communications Q1: Net profit down 30% YoY, revenue up 11%The pressure on profits was led by a higher mix of digital portfolio of services instead of core connectivity solutions, AS Lakshminarayana...
- Hot Stocks: Brokerages on Tata Communication, ABB India, Infosys and HUL post Q1 resultsBrokerage firm CLSA downgraded Tata Communication to outperform, Macquarie maintained an outperform rating on ABB India, and Jefferies reta...
- Tata Communications CEO on falling margins, acquisitions & more“We want to get our digital products to 50% and that is what we are on our way to. With this quarter, we would have reached 36% in digital ...
- Tata Communications Q1: Profit slides 30% YoY to Rs 382 cr on higher interest costsData business revenues came in at Rs 3,912 crore, recording an increase of 17% year-on-year, while underlying data revenue growth came in a...
- Tata Communications shares fall over 4% on acquisition of US-based companyTata Communications' shares fell by 4% after the company announced its plans to acquire communication platform service provider Kaleyra for...
- Tata Communications to buy US' Kaleyra for $100 million, take over debtKaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, offering targeted personali...
- Tata Communications announces acquisition of Kaleyra for $100 millionTata Communications will also acquire NYSE-listed Kaleyra’s gross debt of $224.9 million and net debt of $149.9 million as on March 31, 202...
- Now, Sequoia cautions founders; Invact angel investor says CEO holding company hostage; and Country Delight valued at $615 millionSequoia Capital has issued another worldwide downturn missive cautioning its portfolio founders not to expect a speedy recovery from curren...
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