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TCS to buy AI advisory firm for $700 million

BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led advisory and business consulting capabilities to help clients reimagine sales, service, marketing, revenue, and commerce. With the acquisitions of ListEngage and now Coastal Cloud, TCS said…

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RRP Semiconductor Ltd: Why this stock’s 55,000% rally in India is fuelling AI bubble fears

A combination of online hype, a small free float, and India’s growing number of retail investors fueled 149 consecutive limit-up sessions. (AI image) RRP Semiconductor Ltd has become a social media sensation – imagine a stock that surges 55,000% in just 20 months! But, the focus on the world’s top-performing stock is particularly evident now,…

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Euro switch: Bulgaria joins the euro nearly two decades after EU entry; cheers mix with fears over prices

Bulgaria on Thursday adopted the euro as its official currency, becoming the 21st country to join the eurozone, a long-anticipated milestone that comes almost 20 years after the Balkan nation entered the European Union, but one that has exposed deep political and public divisions.At midnight, Bulgaria formally gave up the lev, which had been in…

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IndiGo’s December disruption stranded 16.2 lakh domestic flyers: DGCA | India News

Stranded passengers search for their luggage near a counter after IndiGo cancelled more than 400 flights, at the Kempegowda International Airport, in Bengaluru, Karnataka. (File photo/ PTI) CHENNAI: When IndiGo’s flight operations went topsy-turvy in December last year, there were videos and photos of hapless and tired passengers confronting ground staff. The Directorate General of…

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