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Zensar to merge US-based step-down subsidiaries

TMT

19 March, 2021

Zensar to merge US-based step-down subsidiaries

Pune-headquartered information technology (IT) services firm Zensar Technologies has announced the plan to merge four of its American step-down subsidiaries -- Keystone Logic, Professional Access Limited, Cynosure, and Indigo ......

Infosys to bet $1 mn more on drone maker ideaForge

TMT

12 February, 2021

Infosys to bet $1 mn more on drone maker ideaForge

Information technology (IT) and outsourcing services major Infosys on Thursday said that it will invest $1 million (Rs 7.2 crore ......

Bouquets or brickbats? What technology companies, startups took away from Budget 2021

TMT

01 February, 2021

Bouquets or brickbats? What technology companies, startups took away from Budget 2021

The latest union budget offered a major boost for the healthcare and digital payments sectors, as well as support to ......

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Markets

05 August, 2019

Sensex, Nifty drop to five-month lows on global cues, govt's Kashmir move

Indian shares on Monday ended at a fresh five-month low, amid a global sell-off after US President Donald Trump’s decision ......

Cognizant to buy life sciences firm Zenith Tech

TMT

18 June, 2019

Cognizant to buy life sciences firm Zenith Tech

Nasdaq-listed IT services major Cognizant on Tuesday announced the acquisition of Zenith Technologies, a privately-held life sciences manufacturing technology services ......

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Former Reliance Capital exec's hedge fund bets on software services company

TMT

09 May, 2019

Former Reliance Capital exec's hedge fund bets on software services company

A hedge fund set up by a former top executive at Reliance Capital Ltd has bought a minority stake in ......

L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn

TMT

30 April, 2019

L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn

Engineering and construction conglomerate Larsen & Toubro Ltd on Tuesday acquired a 20% stake in Bengaluru-based IT services firm Mindtree ......

General Atlantic-backed CitiusTech invests in healthcare consultant FluidEdge

Healthcare

29 August, 2018

General Atlantic-backed CitiusTech invests in healthcare consultant FluidEdge

Healthcare infotech (IT) company CitiusTech has invested in FluidEdge Consulting, a Philadelphia-headquartered firm specialising in healthcare IT and operational services, ......

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Baring PE Asia hits benchmark returns in Hexaware partial exit

TMT

24 August, 2018

Baring PE Asia hits benchmark returns in Hexaware partial exit

Baring Private Equity Asia, which provides growth capital to companies operating in the region, has generated benchmark returns from a ......

Mid-sized IT firm Nihilent re-files for IPO

Markets

10 August, 2018

Mid-sized IT firm Nihilent re-files for IPO

Mid-sized IT firm Nihilent Ltd has refiled its draft red herring prospectus with the Securities and Exchange Board of India ......