Sources have also indicated to CNBC-TV18 that State Bank of India, Bank of Baroda, New India Assurance, ChrysCapital and Temasek are among the likely selling shareholders in the IPO.
Coforge believes AI will be a net tailwind for its business as it has set the estimated revenue target for the financial year 2030 as $5 billion, inclusive of a large merger and acquisition.
Earlier this month, Dixon Tech’s founder and chairman Sunil Vachani told CNBC-TV18 that he is hopeful of getting the Vivo JV approval soon and that the proposal is under active consideration.
UBS has adjusted its outlook on several key players in the sector, highlighting a preference for those demonstrating resilience in growth and clear value propositions.
Deven Choksey, MD, DRChoksey Finserv, prefers mid-tier IT companies for their potential to deliver 15-20% growth over the next three years, outperforming larger peers. In real estate, he favours select luxury and ultra-luxury developers, especially Mumbai-focused players with stronger realisations…
India REITs and InvITs market set to surpass ₹20 lakh crore AUM by 2030, Avendus Capital report sees rising domestic and global investor participation.
Indian rupee gains 10 paise against US dollar as Brent crude slides, but upside seen capped ahead of US Federal Reserve policy decision.
For reducing redundancies and accelerate manufacturing, the said order will be split between the lowest (L1) and the second-lowest (L2) bidders, effectively establishing two distinct production lines, according to reports.
DOMS Industries’ management has guided for a capital expenditure programme of ₹250 crore – ₹275 crore in the financial year 2027 and has indicated that the company would remain in a high capex cycle for the next three years as…
William Lee, Chief Economist and Managing Director at Global Economic Advisors remains cautious on the durability of any Iran deal and believes oil markets may be underestimating geopolitical risks. Lee also prefers Indian equities over gold.