Sep 14, 2021 03:33 PM IST
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.
- Sep 01, 2021 10:56 AM IST
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.
- Jun 15, 2021 12:35 PM IST
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
- Nov 19, 2018 12:01 PM IST
India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances
- Sep 16, 2017 09:34 PM IST
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
- Apr 03, 2017 12:14 PM IST
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.
- Mar 31, 2017 10:16 AM IST
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.
- Mar 30, 2017 04:52 PM IST
World’s biggest retailer Walmart is ready to sell Make in India products if government allows foreign supermarkets to serve the consumers directly.
- Mar 28, 2017 08:40 AM IST
Analysts' views on Kotak Mahindra Bank, IndusInd Bank, Divi's Laboratories as well as the media sector.
- Mar 06, 2017 01:46 PM IST
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.
- Mar 01, 2017 05:08 PM IST
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.
- Feb 28, 2017 06:55 PM IST
Piramal Enterprises has been on an acquisition spree and the company's COO said that there is no cash constraint for acquisitions.
- Feb 17, 2017 03:33 PM IST
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.
- Feb 16, 2017 06:46 PM IST
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.
- Feb 11, 2017 04:11 PM IST
Speaking to CNBC-TV18, Prashant Mehra of Grant Thornton said that 125 transactions worth USD 3 billion had taken place last month.
- Nov 28, 2016 11:55 AM IST
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.
- Oct 20, 2016 12:13 PM IST
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.
- Oct 14, 2016 04:56 PM IST
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.
- Oct 06, 2016 10:12 PM IST
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.
- Sep 29, 2016 06:00 PM IST
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.
- Sep 21, 2016 01:19 PM IST
Speaking to CNBC-TV18, Ashok Reddy, MD of TeamLease Services said we intend to balance general staffing business with higher margin verticals like IT.
- Aug 22, 2016 01:05 PM IST
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.
- Jul 04, 2016 07:30 PM IST
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
- Jun 28, 2016 02:26 PM IST
Staffing firm Quess Corp will hit capital markets on June 29 to raise Rs 400 crore through an initial public offering
- Jun 27, 2016 08:57 AM IST
Acquisitions, lower subcontractor costs and on-site utilization rates will help improve the margins for the company, says a Morgan Stanley report on Mindtree.