TCS’ significant investment in AI data centers, including a ₹18,000 crore partnership with TPG, raises dividend payout concerns for some investors. However, the company’s strong cash generation and consistent high payout ratios suggest its commitment to shareholder returns remains intact, even as it expands its AI infrastructure.
Snapdeal parent AceVector raises Rs 189 crore from anchors; Negen, Singularity among top investors
In a significant move, AceVector, the owner of Snapdeal, has successfully garnered Rs 189 crore from anchor investors for its upcoming IPO, scheduled to open