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  • Why Intuit's $12 billion Mailchimp acquisition stands out Sep 14, 2021 03:33 PM IST

    Why Intuit's $12 billion Mailchimp acquisition stands out

    Mailchimp is Intuit's largest-ever acquisition and comes more than a year after it purchased Credit Karma for $7.1 billion in February last year.

  • Explained | PayU-BillDesk deal worth $4.7 billion: Who gains and how Sep 01, 2021 10:56 AM IST

    Explained | PayU-BillDesk deal worth $4.7 billion: Who gains and how

     With PayU and BillDesk operating complementing businesses in India, the acquisition will help PayU address the gaps in its portfolio. For BillDesk founders, a seemingly expensive valuation is a great outcome given the stock markets would have valued them even higher.

  • Accenture to acquire German firm umlaut to bolster engineering, services play Jun 15, 2021 12:35 PM IST

    Accenture to acquire German firm umlaut to bolster engineering, services play

    According to analysts, while this move will scale Accenture’s capability in the engineering services space, it could impact top Indian IT services firms in winning large deals

  • Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources Nov 19, 2018 12:01 PM IST

    Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources

    India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances

  • CSS Corp's Nishikant Nigam: Small deals here to stay, enough room for all Sep 16, 2017 09:34 PM IST

    CSS Corp's Nishikant Nigam: Small deals here to stay, enough room for all

    According to Nigam, the consumption patterns are shifting from back office to front, and the IT is revenue enabler and therefore the consumption of solutions would be smaller in nature

  • To expand footprint in North America; demand robust for Class 8 trucks: Bharat Forge Apr 03, 2017 12:14 PM IST

    To expand footprint in North America; demand robust for Class 8 trucks: Bharat Forge

    North American Class 8 truck orders reported double-digit growth for two months. Speaking to CNBC-TV18, Baba Kalyani, CMD of Bharat Forge said that North American heavy truck market is beginning to show signs of some robustness.

  • See opportunity in future M&As; like PSU banks, but be choosy: Sundaram MF Mar 31, 2017 10:16 AM IST

    See opportunity in future M&As; like PSU banks, but be choosy: Sundaram MF

    S Krishna Kumar of Sundaram MF sees M&As to be spread across sectors, particularly on the financial side. He also sees auto ancillaries being a much larger sector ahead.

  • What’s on Walmart’s mind? To sell ‘Made in India’ products to consumers directly Mar 30, 2017 04:52 PM IST

    What’s on Walmart’s mind? To sell ‘Made in India’ products to consumers directly

    World’s biggest retailer Walmart is ready to sell Make in India products if government allows foreign supermarkets to serve the consumers directly.

  • Buy, Sell, Hold: What stocks and sectors are analysts betting on? Mar 28, 2017 08:40 AM IST

    Buy, Sell, Hold: What stocks and sectors are analysts betting on?

    Analysts' views on Kotak Mahindra Bank, IndusInd Bank, Divi's Laboratories as well as the media sector.

  • Cookware, cookers to see 10% YoY growth, says TTK Prestige Mar 06, 2017 01:46 PM IST

    Cookware, cookers to see 10% YoY growth, says TTK Prestige

    The TTK Prestige stock is down 15.5 percent from pre-demonetisation high of Rs 6,550. Speaking to CNBC-TV18, Chairman TT Jagannathan said the company has actually gained market share in the last two quarters.

  • M&A key for banks, SBI merger will be smooth: Ravikant Bhat Mar 01, 2017 05:08 PM IST

    M&A key for banks, SBI merger will be smooth: Ravikant Bhat

    Industry experts are of the opinion that a friendly consolidation in the banking space is favourable and big banks should take over the smaller banks. But, Ravikant Bhat of IDBI Capital Markets Services said that these banks are more inclined to run the banks independently.

  • Piramal has enough cash for acquisitions, expects 15-20% growth Feb 28, 2017 06:55 PM IST

    Piramal has enough cash for acquisitions, expects 15-20% growth

    Piramal Enterprises has been on an acquisition spree and the company's COO said that there is no cash constraint for acquisitions.

  • Symphony survives note ban pain; more acquisitions on cards Feb 17, 2017 03:33 PM IST

    Symphony survives note ban pain; more acquisitions on cards

    Executive Director Nrupesh Shah expects Symphony to maintain a topline growth of 20-25 percent. The Ahmedabad-based air cooler company last week reported a 17.45 per cent jump in third quarter standalone net profit to Rs 56.06 crore.

  • COMMENT: Do share buybacks of IT companies endorse mediocrity? Feb 16, 2017 06:46 PM IST

    COMMENT: Do share buybacks of IT companies endorse mediocrity?

    There is certainly pressure on IT companies to do their investors a good turn. But the question one needs to ask is whether share buybacks really help the company perform better in the long-term. The answer is a clear no.

  • M&A: Deal activity picks up 55% in Jan; energy top sector Feb 11, 2017 04:11 PM IST

    M&A: Deal activity picks up 55% in Jan; energy top sector

    Speaking to CNBC-TV18, Prashant Mehra of Grant Thornton said that 125 transactions worth USD 3 billion had taken place last month.

  • Fearing tighter US visa regime, Indian IT firms rush to hire Nov 28, 2016 11:55 AM IST

    Fearing tighter US visa regime, Indian IT firms rush to hire

    Indian companies including Tata Consultancy Services (TCS), Infosys and Wipro have long used H1-B skilled worker visas to fly computer engineers to the U.S., their largest overseas market, temporarily to service clients.

  • Will target 20% organic growth: Quess Corp Oct 20, 2016 12:13 PM IST

    Will target 20% organic growth: Quess Corp

    In an interview to CNBC-TV18, Ajit Issac, CMD & CEO of the company spoke about the results and his outlook for the company. "Comtel acquisition will give us a good springboard in to developing a professional staffing business in the Pan Pacific area", he added.

  • Inflection point? Startups see more unicorn exits than births Oct 14, 2016 04:56 PM IST

    Inflection point? Startups see more unicorn exits than births

    As per a research report by CB Insights the number of tech unicorn exits (via IPO or M&A) exceeded the birth of such companies for the first time in six quarters.

  • Eye acqusitions in US, Europe; to list in 3-5 yrs: Intas Pharma Oct 06, 2016 10:12 PM IST

    Eye acqusitions in US, Europe; to list in 3-5 yrs: Intas Pharma

    Intas is looking at more acquisitions in US and Europe to strengthen its three main areas of operations - oral solid tablet, oncology, and differentiated patent products, the company's MD Binish Chudgar said.

  • CL Educate plans IPO to mop up around Rs 275-300 crore Sep 29, 2016 06:00 PM IST

    CL Educate plans IPO to mop up around Rs 275-300 crore

    The proceeds of the issue will be used for acquisitions and other strategic initiatives, repayment of loans, to fund working capital requirements and for other general corporate purposes.

  • Acquisitions are very bottomline accretive for the co: TeamLease Sep 21, 2016 01:19 PM IST

    Acquisitions are very bottomline accretive for the co: TeamLease

    Speaking to CNBC-TV18, Ashok Reddy, MD of TeamLease Services said we intend to balance general staffing business with higher margin verticals like IT.

  • Promoters have no plans to divest or sell stake: Shalimar Paints Aug 22, 2016 01:05 PM IST

    Promoters have no plans to divest or sell stake: Shalimar Paints

    In an interview to CNBC-TV18, Surender Bhatia, MD of Shalimar Paints said that the promoters neither have any plans to divest or sell stake in the company nor are in talks for any acquisitions or take-overs.

  • L&T Infotech to double revenues in 3-4 yrs Jul 04, 2016 07:30 PM IST

    L&T Infotech to double revenues in 3-4 yrs

    L&T Infotech on July 4 said it is targeting to double its revenues in the next three to four years through acquisitions and organic growth

  • Quess Corp's Rs 400-cr IPO to kick off tomorrow Jun 28, 2016 02:26 PM IST

    Quess Corp's Rs 400-cr IPO to kick off tomorrow

    Staffing firm Quess Corp will hit capital markets on June 29 to raise Rs 400 crore through an initial public offering

  • Buys, top clients to fire Mindtree's growth: Morgan Stanley Jun 27, 2016 08:57 AM IST

    Buys, top clients to fire Mindtree's growth: Morgan Stanley

    Acquisitions, lower subcontractor costs and on-site utilization rates will help improve the margins for the company, says a Morgan Stanley report on Mindtree.

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