Mergers and Acquisitions

India is a talent base for Ascendion: CEO of US-based software engineering firm

Ascendion, a U.S.-based software engineering company, announces the acquisition of Nitor Infotech, a software product engineering firm with Generative AI expertise. Nitor Infotech brings more than 700 employees to Ascendion with deep expertise in software product engineering and generative AI. To elaborate on this, Karthik Krishnamurthy, CEO, Ascendion, sat for an exclusive chat with ET … Read more

3 reasons why M&As fail – and they are not financial

60% of merged organizations report lower profitability for at least seven years post-merger and nearly half of the executives leave within three years. Why is it that despite all the detailed analysis by lawyers, auditors, strategists, bankers, investors and leaders, things go wrong in more than half of the cases?   When we view this from … Read more

Tata steel’s mega move: Merger to take place by FY24

In recent developments, Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF Limited, Indian Steel & Wire Products, Tata Steel Mining, and S&T Mining will be merged. The merger is an important step towards streamlining the company's structure. Tata Steel CEO and MD TV Narendran said, "we had already announced (merger of) … Read more
Scroll to Top