Anand Mahindra’s views on RBL Bank’s financial sector and risk factors motivated the Mahindra Group to acquire a 3% stake in RBL Bank. The move is less of an investment and more of strategic interest in the company’s strong franchise, according to Vinit Bolinjkar, head of equity research for Ventura Securities.
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT