STARTUP/TECHNOLOGY
ITC Infotech To Buy Happiest Minds’ 22% Stake For ₹1,330 Cr, Eyes Merger
ITC Infotech India Ltd, a wholly owned subsidiary of ITC Ltd, has approved the acquisition of a 22.106% stake in Happiest Minds Technologies Ltd (HMTL) from its promoters, followed by the amalgamation of Happiest Minds with and into ITC Infotech. The transaction, which marks a major consolidation in India’s technology services sector, involves a cash […]
CW Bureau
·
Aug 31, 2026
STARTUP/TECHNOLOGY
Coforge Q1 Profit Jumps 63% To ₹518 Cr; Revenue Surges 49% To ₹5,527 Cr
AI-native engineering services company Coforge Ltd reported a robust performance for the first quarter of FY27, with consolidated net profit rising 63.4% year-on-year to ₹518 crore, driven by strong revenue growth, expanding margins and healthy deal wins. The company’s consolidated revenue for the quarter climbed 49.2% to ₹5,527 crore, compared with ₹3,704 crore in the […]
CW Bureau
·
Jul 28, 2026
STARTUP/TECHNOLOGY
Happiest Minds PAT Jumps 80% In Q4, Revenue Rises 11% To ₹604 Cr
Happiest Minds Technologies, an AI first, customer-centric digital engineering company, has reported a profit after tax (PAT) of ₹61 crore for the fourth quarter of FY26, compared with ₹34 crore in the corresponding quarter last year, registering a growth of 80%. Revenue for the quarter stood at ₹604 crore against ₹545 crore a year ago, […]
CW Bureau
·
May 29, 2026
STARTUP/TECHNOLOGY
Infosys Closes Optimum Acquisition; Set To Strengthen Provider Playbook
IT services major Infosys has completed the acquisition of Optimum Healthcare IT, marking a significant step in strengthening its capabilities in the healthcare provider segment. The closure follows the company’s earlier announcement on March 25, 2026. Strategic push into provider ecosystemThe acquisition underscores Infosys’ intent to deepen its engagement with health systems and provider organisations, […]
CW Bureau
·
May 5, 2026
