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Coforge-Encora deal: IT firm to acquire AI player Encora for $2.35 bn; PE investors to hold one-fifth stake

IT services firm Coforge on Friday announced the acquisition of Silicon Valley-based AI firm Encora in an all-stock deal valued at $2.35 billion (about Rs 21,133 crore), marking one of the largest overseas acquisitions by an Indian mid-tier IT company, PTI reported.The acquisition will be funded entirely through equity, with Coforge issuing preferential shares worth…

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‘Can’t incite religious frenzy’: Stalin slams BJP for attacks on Christians; asserts no room for religious politics under DMK rule | India News

Tamil Nadu chief minister MK Stalin (IANS) NEW DELHI: Tamil Nadu chief minister MK Stalin on Friday accused the BJP of attempting to sow religious divisions in the state, claiming that the communal harmony in Tamil Nadu “irritates” the party. Addressing a government function, he said, “People of Tamil Nadu are, however, very cautious. The…

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Weathering the storm: From 50% Trump tariffs to new FTAs – how India steered through turbulent trade waters in 2025

2025 has cemented itself as the year of the “Tariff Wall.” With India now facing a new landscape of protectionism from the West, and complicated energy issues developing in the global energy market, India’s economic relationship with the world has been defined by a series of flashpoints.Although government officials say that India’s external sector remains…

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‘$600 mobile bills in New York’: NRI visits home after 8 years; viralpost praises India’s growth and affordability | India News

NEW DELHI: An NRI’s praise for India after returning home following an eight-year gap has become viral.Investor Alok Jain wrote on X that a friend from New York had recently visited him. According to Jain, the visitor was struck by the energy in the country and how fast India appeared to be growing.“An outsider’s perspective…

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Coal policy change: Govt eases approval process for opening coal, lignite mines; boards get more authority

The government has amended rules to streamline approvals for opening coal and lignite mines, a move aimed at cutting procedural delays and speeding up mine operationalisation while retaining regulatory oversight, PTI reported .Under the earlier framework, Rule 9 of the Colliery Control Rules, 2004 required mine owners to obtain prior approval from the Coal Controller’s…

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Malaria now limited to pockets in Mizoram, Tripura as India nears elimination | India News

NEW DELHI: India’s malaria burden has shrunk sharply over the past decade and is now increasingly confined to specific districts and pockets, particularly in parts of Mizoram and Tripura, even as most of the country moves closer to elimination, according to the Malaria Elimination Technical Report 2025. The report notes a clear geographic contraction of…

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