Happiest Minds

Experts have long held that Gen AI revenues are difficult to estimate, ever since Accenture disclosed it, since most deals have a component of the nascent technology

Happiest Minds shares surge 10% as brokerage firm Anand Rathi initiates coverage with buy recommendation

Shares of Happiest Minds Technologies surged 10 percent in Tuesday’s trade after domestic brokerage Anand Rathi initiated coverage on the stock with a 'BUY' recommendation.

Gen AI now writes over 20% of our code: Happiest Minds CEO Anantharaju

Most of the adoption is happening in software development but not yet in areas such as infrastructure or cybersecurity, Joseph Anantharaju has said

New Happiest Minds CEO guides for double-digit growth in FY26, FY27 despite macro, AI challenges

The Gen AI business unit has already generated new revenue streams, and the verticalisation strategy is helping it with more targeted market approaches.

Happiest Minds says completing deal renewals in Q3FY25 a positive surprise, 2025 pipeline strong

Average revenue per customer has inched up by about 30-35% for Happiest Minds since its listing on the bourses.

No such thing as pure TNM: Happiest Minds CFO on Time & Material pricing model debate

He mentioned another billing model, capacity-based, where clients hire teams and manage them directly.

Doubtful about deep tax cut in US but Trump offers stability, says Happiest Minds

With Trump in the White House and his Republicans party in control of US Congress, business situation would be more amenable, the IT firm has said

Happiest Minds sees 8.3% equity change hands in block deal; promoter likely seller

Sources indicated the firm's promoter and executive chairman, Ashok Soota, was likely to offload 6 percent stake through this block deal.

Happiest Minds says no connection to 'scam'-hit bank account in Karnataka Valmiki Corporation case

Happiest Minds said it is pursuing all legal options to protect the company's reputation.

Happiest Minds arm to buy 100% in US-based Aureus Tech for $8.5 mn

The deal will strengthen Happiest Minds domain capabilities in banking, financial services, insurance (BFSI) and healthcare and life sciences verticals, while also providing access to a set of marquee customers, the company statement said

Happiest Minds' says it is gaining market share; Margins to continue to decline in FY25

When asked about vendor consolidation deals being handed over to bigger rivals, the company said it has not witnessed any such occurrence in the market.

Happiest Minds to acquire PureSoftware Technologies for up to Rs 779 crore

PureSoftware Technologies, with a paid-up capital of Rs 3.23 crores and a turnover of Rs 351 crores for fiscal 2024, will be acquired through an upfront cash consideration of Rs 635 crores.

Happiest Minds announces new vertical organisation structure comprising six new industry groups, stock up 2.5%

The new industry groups are Industrial, Manufacturing and Energy & Utilities, Healthcare & Life Sciences, Retail, CPG and Logistics, Banking, Financial Services, and Insurance (BFSI), Hi-Tech and Media & Entertainment, and EdTech

Client budgets delayed due to conflicting macro data, says Happiest Minds

The company will close the financial year 2023-24 with 11.5 percent revenue growth, falling short by 50-basis-points (bps) of the guidance it has set for itself.

Many spoilers and unfortunately we don't get a spoiler alert: Happiest Minds CFO on delayed acquisitions

Happiest Minds CFO Venkatraman Narayanan previously said that the company was "reasonably close" to completing one large acquisition, but it was delayed. This delay led Happiest Minds to revise its revenue guidance downward by more than half, from 25 percent to 12 percent for FY24.