In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
Dollar steady as focus turns to US payrolls, yen intervention jitters persistMarkets are keenly awaiting crucial U.S. non-farm payrolls data on Thursday, with the dollar holding steady. Meanwhile, the Japanese yen's ...
Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
HDFC Bank valuations attractive, banking sector ready for next growth phase: Sandip SabharwalMarket expert Sandip Sabharwal sees private banks entering a robust phase driven by accelerating credit growth and easing margin pressures....
Zulu Proverb of the Day: 'Imvu ibulala indhlovu' - 'A sheep kills an elephant'Zulu Proverb of the Day: A Zulu proverb, "Imvu ibulala indhlovu," meaning "A sheep kills an elephant," powerfully illustrates that strength...
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush PandeyPersistent Systems' acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, mark...
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
Persistent CEO brushes off market rout, says Nagarro growth will reward investorsPersistent Systems' shares came under pressure on Monday with investor concerns over the deal's size, execution risks and the uncertainty a...
Noida, Greater Noida schools revise timings for Classes 1 to 8: Reason, new schedule, and the advisoryNoida and Greater Noida schools for Classes 1-8 are now operating on a reduced schedule, from 7 AM to 12 PM, due to persistent heat. This d...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities ended lower, snapping a two-day rally as escalating Iran-US tensions and profit booking weighed on sentiment. Sensex fell 3...
Greek Proverb of the Day: 'At the deaf man’s door, you can knock as much as you like...' - A powerful life lesson on acceptance, communication, and knowing when to let goGreek Proverb of the Day: A timeless Greek proverb, "You can knock on a deaf man's door forever," highlights the futility of persistent eff...
Quote of the Day by Morgan Freeman: “I always tell my kids if you lay down, people will… – Inspiring lessons on persistence, determination, challenges, success and why every setback is a comeback by the American actor known for his timeless performances and deep insights on life and human natureQuote of the Day by Morgan Freeman: Morgan Freeman’s quote, “I always tell my kids if you lay down, people will step over you. But if you k...
Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...
Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent SystemsIndian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving average...
Persistent's Nagarro deal could be a near-term pain for long-term gainPersistent Systems is acquiring Nagarro SE for $1.3 billion, aiming for European expansion and reduced US market reliance. While strategica...
Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...