IT spend in US likely to remain resilient, large-caps like TCS, Infy & HCL safer bets

August 9, 2022

Though Indian IT companies have reported strong revenue growth in the June quarter, with most also maintaining or increasing their guidance, analysts remain cautious about the sector because of the concerns over a slowdown in the US, the biggest market.

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Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside

Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.

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South Korean billionaire’s risky bet pays off, as SK Hynix debuts in New York

South Korean billionaire Chey Tae-won’s bold acquisition of SK Hynix has paid off significantly. The company is now a leading producer of high-bandwidth memory chips

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