Will Encora acquisition cement Coforge’s AI leadership in healthcare and hi-tech?

Coforge is acquiring California-based Encora for $2.35 billion, bolstering its AI capabilities in healthcare and hi-tech, and expanding its US market presence. This strategic move aims to position Coforge for future growth, with the combined entity projected to significantly increase revenue and potentially become India’s seventh-largest software exporter.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation