Sudhir Singh of Coforge outlines the strategic benefits of acquiring Cigniti, focusing on revenue growth, market expansion, and confidence in successful integration based on past acquisition achievements and team capabilities. Singh says: “Our intent is to raise roughly about $250 million and we will acquire between 51% and 54% of the promoter stake through a QIP.”
Breakout Stocks: How to trade Mazagon Dock, Bharat Dynamics & Bharat Electronics that hit fresh 52-week high?
The Indian market pared gains and closed in the red on Friday. The BSE Sensex fell 200 points while the Nifty50 held on to the