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Markets rise on IT boost, strong US data

Finance

16 February, 2023

Markets rise on IT boost, strong US data

Markets closed higher on Thursday, helped by information technology stocks, as robust US retail sales data underscored the strength in ......

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Deals Digest: Mid-sized deals take front seat this week

TMT

27 January, 2023

Deals Digest: Mid-sized deals take front seat this week

Mid-to-small-sized deals led the investment activity this week with vehicle battery startup Log9 topping the list with $40 million fundraise.  Of ......

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ChrysCapital keen to grow newly-acquired Xoriant at over 20%

TMT

09 January, 2023

ChrysCapital keen to grow newly-acquired Xoriant at over 20%

Homegrown private equity firm ChrysCapital, which had bought a majority stake in IT services firm Xoriant last week, is aiming ......

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 ......

KPIT Tech acquires 4 Technica Group companies

TMT

21 September, 2022

KPIT Tech acquires 4 Technica Group companies

Publicly-listed KPIT Tech on Wednesday announced that its board has approved the acquisition of four of the Technica Group companies ......

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Infosys divests entire holding in private software firm Trifacta

TMT

30 August, 2022

Infosys divests entire holding in private software firm Trifacta

Infosys Ltd, India's second-biggest information technology (IT) company, on Tuesday said it has divested its entire holding in San Francisco-based ......

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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 ......

Indices edge lower after some early gains, Nifty in negative territory for 2022

Finance

14 June, 2022

Indices edge lower after some early gains, Nifty in negative territory for 2022

Markets ended lower on Tuesday as a surge in wholesale price inflation to 30-year highs stoked fears of more interest ......

Markets end with losses for third day as IT stocks drag

Finance

25 May, 2022

Markets end with losses for third day as IT stocks drag

Markets closed lower for a third straight session on Wednesday, pressured by sharp losses in IT stocks, while a risk-off ......