L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global player in engineering and technology services, has announced a definitive agreement to acquire Intelliswift, a Silicon Valley-based digital technology solutions firm, to broaden its capabilities across software product development, platform engineering, digital integration, data, and artificial intelligence (AI). The acquisition is poised to reinforce […]
In a remarkable display of market strength, the Dow Jones Industrial Average (DJIA) soared by 329 points on Monday, November 11, 2024, driven predominantly by substantial gains in Salesforce Inc. and American Express Company stocks. This surge underscores the pivotal role these corporate giants play in influencing market dynamics. Salesforce’s meteoric rise Salesforce Inc. experienced […]
In a stunning turn of events, Nvidia Corporation has eclipsed Apple Inc. to become the world’s most valuable company by market capitalization. As of November 6, 2024, Nvidia’s market cap surged to approximately $3.431 trillion, surpassing Apple’s $3.377 trillion. This remarkable ascent underscores Nvidia’s dominance in the burgeoning artificial intelligence (AI) sector. Nvidia’s meteoric rise […]
Microsoft Corporation announced its financial results for the first quarter of fiscal year 2025, surpassing analyst expectations on all major fronts. The company reported revenue of $56.5 billion, reflecting a 13% year-over-year increase, with net income soaring to $22.6 billion, a staggering 27% increase compared to the same quarter last year. This impressive performance has […]
Alphabet, the parent company of Google, reported an impressive financial performance for the third quarter of 2024, underscoring a substantial surge in revenue driven by its AI initiatives and robust performance across various segments. The tech giant’s consolidated revenues soared by 15% year-over-year, reaching $88.3 billion, propelled by strong momentum across Google Services and Google […]
In a significant move within the cybersecurity realm, Accenture (NYSE: ACN) has announced a strategic investment in Reality Defender through Accenture Ventures. This collaboration aims to bolster the capabilities of clients across the financial services, media, and high-tech industries by providing them with the tools necessary to swiftly identify, detect, respond to, and prevent deepfake […]
SAP’s stock has experienced a significant surge following its recent earnings report, indicating a strong performance that exceeded market expectations. The enterprise software giant reported a substantial 25% growth in its cloud business, demonstrating its resilience and adaptability in a competitive technology market. This development not only benefits SAP but also signals positive news for […]
Genpact, a leading global professional services firm, has announced the launch of its Finance Data Hub, developed in collaboration with Databricks. This innovative platform, powered by the Databricks Data Intelligence Platform, aims to transform how Chief Financial Officers (CFOs) and their teams manage financial data, offering real-time insights and AI-driven analytics. Positioned as a solution […]
In a robust performance, Ernst & Young reported a 3.8% growth in global revenue for the fiscal year ending June 2024, reaching a total of $51.22 billion. This steady increase highlights the firm’s focus on innovation, technology, and strategic global expansion, despite the broader challenges of the economic landscape. Ernst & Young records revenue growth […]
L&T Technology Services Limited, a leading global engineering and technology services firm and a subsidiary of Larsen & Toubro Limited, reported an 8% year-on-year growth in its revenue for the second quarter of FY25, amounting to ₹25,729 million. The company’s net profit reached ₹3,196 million, marking a 1.3% increase compared to the same period last […]
