Coforge and Cigniti Technologies are progressing towards a merger, with EY and Axis Capital preparing terms for shareholder approval. Coforge plans to absorb Cigniti, with shareholders receiving Coforge shares based on a determined swap ratio. Coforge’s market value has doubled recently, and the acquisition aims to leverage synergy in client locations.
Swiggy shares plunge 6% even as losses narrow. Should investors buy, sell or accumulate?
Swiggy Share Price: Swiggy shares plunged as much as 6% after the food delivery and quick commerce company reported its June-quarter results. While the consolidated