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information technology

Blackstone to acquire majority stake in R Systems, stock to delist

TMT

17 November, 2022

Blackstone to acquire majority stake in R Systems, stock to delist

US investment fund Blackstone Inc said on Thursday that it would buy a 52% stake in Indian IT services company ......

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Everstone Capital eyes exit from IT services portfolio, looking at buyout firms

TMT

26 July, 2022

Everstone Capital eyes exit from IT services portfolio, looking at buyout firms

Homegrown private equity fund Everstone Capital is set to exit a bet in the IT space and is currently in ......

Bulls wrap up this week's party by shrugging inflation woes, all eyes on Q1 earnings

Finance

08 July, 2022

Bulls wrap up this week's party by shrugging inflation woes, all eyes on Q1 earnings

Markets gained for a third straight week to close at a one-month high on Friday as inflation concerns ebbed. The NSE ......

Delhi beats Bengaluru to be India's new startup capital

Economy

31 January, 2022

Delhi beats Bengaluru to be India's new startup capital

Delhi has replaced Bengaluru as India’s startup capital, adding over 5,000 recognized startups between April 2019 and December 2021, ahead ......

IT, energy stocks boost Indian shares as global risk mood lightens

Economy

28 December, 2021

IT, energy stocks boost Indian shares as global risk mood lightens

Information technology and energy firms drove Indian shares higher on Tuesday, tracking upbeat global risk sentiment in the absence of ......

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IT firms gross over $25 bn in 2021; SaaS firms raise $2.75 bn in top 20 deals

TMT

28 December, 2021

IT firms gross over $25 bn in 2021; SaaS firms raise $2.75 bn in top 20 deals

The information technology (IT) sector has attracted over $25 billion in fundraising till date this calendar year, 25 percent higher ......

Indian shares rise for third day as Omicron worries recede

Economy

23 December, 2021

Indian shares rise for third day as Omicron worries recede

Indian shares closed higher on Thursday, led by gains in information technology and energy stocks on improved investor sentiment after ......

Indian shares recover after sell-off as IT, metals gain

Economy

21 December, 2021

Indian shares recover after sell-off as IT, metals gain

Indian shares rose on Tuesday after tumbling as much as 3% in the previous session as information technology and metal ......

Indian shares end four-day losing streak on IT boost

Economy

16 December, 2021

Indian shares end four-day losing streak on IT boost

Indian shares ended slightly higher on Thursday, helped by gains in information technology stocks, even as global markets rallied on ......

Baring owned CitiusTech buys US based SDLC Partners

TMT

25 June, 2021

Baring owned CitiusTech buys US based SDLC Partners

Mumbai-based healthtech unicorn CitiusTech has announced the acquisition of SDLC Partners, a payer-focused technology solutions company in Pittsburgh, Pennsylvania. While the ......