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TECHNOLOGY SECTOR DEALS
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
Citi’s India IB revenue nearly doubles as bank raises $16 billion for clients, shows dataCiti’s India investment banking revenue nearly doubled to $52 million, making it the country’s top-ranked investment bank. The lender helpe...
Gabriel India, Forvia form JV to tap India’s fast-growing auto seating marketGabriel India, flagship of the $2.6 billion-plus ANAND Group, has formed a joint venture with France’s Forvia to bring advanced automotive ...
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...
India and US trade deal still has a few stubborn cards to play: Fitch unitNegotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Repres...
Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
Why US stocks are rising today: S&P 500, Nasdaq hit records as easing yields and oil fuel AI rallyOn Tuesday, the S&P 500 and Nasdaq hit all-time highs, buoyed by falling Treasury yields and easing oil prices. Investors are optimistic as...
Paramount closes $110 billion mega Warner Bros takeover; creates Hollywood powerhouse SkydanceParamount Skydance has completed its $110 billion takeover of Warner Bros Discovery, creating a major Hollywood entertainment company spann...
Type One Energy raises $200 million to develop world’s first commercial fusion reactorThe Series-B round, which takes total funding to-date to more than $400 million, is the third-biggest sector Series B raise over the last f...
The economics of India's biggest export industry goes topsy-turvyIndia’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level h...
AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimatesIndian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While ...
Germany's Merz arrives in Kyiv to finalize drone deal, release aidGerman Chancellor Friedrich Merz arrived in Kyiv with defence industry executives as Russian attacks on Ukrainian cities intensified. Germa...
Jaishankar says India-EU FTA will be a "real game changer" for tiesIndia and the European Union are working towards a Free Trade Agreement that aims to strengthen their economic ties. External Affairs Minis...
Canadian minister to lead 300-member Trade Mission to India this monthCanada's Trade Minister Maninder Sidhu is leading a business delegation of 300 to India this month. This mission aims to explore various se...
Global M&A deal rush fades in third quarter as rising borrowing costs biteGlobal mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decreas...
IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...
Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 croreAvalon Technologies saw an Rs 870.6 crore bulk deal as three promoter entities sold 40.08 lakh shares, representing 6% equity. Kotak Mahind...
PM Modi and Trump hold first telephonic talks since Russia sanctions law; discuss trade, defencePrime Minister Narendra Modi and US President Donald Trump have agreed to maintain close engagement to advance the India-US Comprehensive G...