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
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
Corporate restructuring through mergers and acquisitions is pivotal in shifting company trajectories, and these shifts in the corporate space have a direct impact on the flow of the economy in India. Here is a look at some notable mergers and acquisitions that are anticipated to make significant changes in the country and among private players. … Read more
Many eminent personalities, including Joe Biden and Rishi Sunak, hailed the Air India deal. In a bet on the explosive growth of air travel in Asia, Air India has committed to purchase 470 planes from industrial rivals Airbus and Boeing, representing the largest order of brand-new passenger aircraft in history. According to the airline’s chairman, … Read more
The move signifies ITC’s intentions to fortify its portfolio in the health foods space
If the acquisition goes through, India will have its first homegrown iPhone manufacturer
Microsoft is aiming to incorporate OpenAI’s language into its offerings, like Outlook, PowerPoint, and Word apps.
Shareholders who relinquished their NDTV shares in Adani Group’s open offer would receive an additional Rs 48.65 per share, raising the total price per share to Rs 342.65
The bank claimed that this would allow it to better meet the varying requirements of its customers for loans, payments, deposits, investments, cards, and other financial services
