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PERSISTENT SYSTEMS ACQUISITIONS
Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...- 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...
- IT sector a contrarian opportunity at current valuations: Aditya ShahAditya Shah of Hercules Advisors identifies power, banking, chemicals, and real estate as promising sectors for long-term growth amidst glo...
- For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
- How a broke, outgunned nation turned cheap drones into the most feared weapon on EarthDrone warfare: Russia-Ukraine war has reached extreme intensity with nearly 10,000 drones used daily across frontlines. This rapid drone wa...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- 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...
- From Rafales to space surveillance how India expanded military capabilities after Operation SindoorIndia is significantly boosting its military strength after Operation Sindoor. Major defense deals are being finalized, including new Rafal...
- Down but not out! BJP set to paint another state in saffron but history shows ‘Didi’ is a fighterWest Bengal’s 2026 election is beginning to look like a political map being redrawn, with old equations giving way to new alignments. The B...
- Kotak’s asset quality gains drive robust Q4 show: Dnyanada VaidyaKotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...
- Nuclear sprint for a power-hungry IndiaIndia is embracing small modular reactors for its clean energy future. These advanced nuclear units offer a stable power source, complement...
- Airflow products maker Madison Air valued at $15.7 billion as shares rise on NYSE debutMadison Air Solutions debuted on Thursday with an 18.5% stock surge, reaching a $15.65 billion valuation. The HVAC firm's successful IPO, t...
- 'Time is right...': What Campbell Wilson said on his resignation from Air IndiaAir India announced that Campbell Wilson has stepped down as CEO and Managing Director amid ongoing losses and regulatory scrutiny followin...
- IT engineering companies on acquisition spree to boost their BFSI business playAmid rapid BFSI growth, IT engineering firms are acquiring companies to boost their software engineering capabilities. Recent acquisitions ...
- Persistent Systems buys US software firm Starfish Associates for Rs 173 crorePersistent Systems said in a statement, "Known for its cutting-edge Enterprise Communications automation platform, Starfish Associates cate...
- Persistent Q4 Results: Net profit jumps 25%, expects H1 FY24 to be challengingIT company Persistent Systems reported a 25.1% YoY growth in net profit for Q4 2022-23 to INR 251.51 crore, while revenue in the reporting ...
- Persistent Systems jumps 6% after announcing two acquisitionsFollowing the development, shares of Persistent Systems soared 6 per cent to Rs 3,755 early Thursday before paring half the gains to trade ...
- Persistent Systems is on the lookout for acquisitions: CEO Sandeep KalraPersistent Systems had a cash balance of more than Rs 26.8 crore at the end of the June quarter, and a part of that would be deployed towar...
- Persistent Systems to pursue acquisitions in focus areas in FY22This could be a company that helps expand its capabilities or geographic presence or deepen its strengths in an existing vertical
- Persistent Systems announces acquisition of PARXThis acquisition follows last year’s acquisition by Persistent of Australia’s leading Salesforce consulting partner, PRM Cloud Solutions. P...
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