ICICI Prudential Asset Management Co., a joint venture between Prudential Plc and ICICI Bank, is preparing to file preliminary documents for an IPO with the Indian regulator. The offering, potentially valued at $1.2 billion and valuing the firm at $12 billion, could be one of India’s largest this year.
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