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PERSISTENT NAGARRO DEAL
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...- Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
- 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...
- 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...
- Bajaj Auto buyback opens July 1; shareholders can tender shares till July 7Bajaj Auto's Rs 5,633 crore share buyback will open for tender on July 1 and close on July 7. Eligible shareholders holding shares as of th...
- 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...
- 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...
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