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.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong