The Ethereum Foundation staked roughly $93 million in ether (ETH) on Thursday in several batches, bringing its total staked position to approximately $143 million and nearly completing the 70,000 ETH staking target it announced in February, according to Arkham data. The total deposit of 45,034 ETH was split into uniform chunks of 2,047 ETH, each…
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BENGALURU: It’s something of a Francisco D’Souza redux. After stepping down as Cognizant CEO, D’Souza co-founded Recognize. Now, Bain Capital, in partnership with Recognize, has closed a multi-billion-dollar deal to acquire HealthEdge, the US-based healthcare software provider. During D’Souza’s tenure, Cognizant carved out a strong franchise in healthcare, with the former CEO playing a pivotal…
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, with a strong consensus forming around IT major HCL Technologies. While most recommendations point to buying opportunities in the energy, metal, and financial sectors, experts have also flagged a selling opportunity in the financial services space. HCL Technologies HCL Technologies emerged…
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BoFA Securities has a buy rating on Varun Beverages with the target price at Rs 550. Analysts said that VBL has acquired Twizza, the no 4 player in South Africa, enhancing production capacity with its three backward integrated facilities. This complements the company’s manufacturing footprint and strengthens VBL’s market position. The deal was done at…
Reliance’s Jio platforms seeks Sebi nod for $4 billion IPO MUMBAI: Jio Platforms, the digital arm of Mukesh Ambani’s Reliance Industries, has filed draft listing papers with the Sebi for an initial public offering (IPO) that could raise up to $4 billion, or roughly Rs 37,700 crore — making it the largest stock market listing…
