MULESOFT
Hero FinCorp teams up with Salesforce to drive loan processing with Agentforce
Salesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has improved loan turnaround time by 72 percent for two-wheeler loans. The technology automates many steps, from document checks to disbursal. This leads to faster lending and better experiences for customers and employees.
VCs turn the screws; Ex-Paisabazaar CEO’s new bet
Happy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morning Dispatch.
Fable 5's cost challenge; Opendoor's India exit
Anthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETtech Top 5.
Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slips
The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft IT integration tool, and Marketing Cloud software, according to Business Insider.
No impact of Iran war on India biz; education big opportunity: Salesforce's Arundhati Bhattacharya
Global tech firm Salesforce reports no impact from the West Asia crisis on its Indian operations. The company sees substantial growth opportunities within India's education sector. Salesforce is partnering with educational institutions to enhance student admissions and engagement. India's young population presents a strong market for educational technology solutions. The company's India business has shown robust revenue and profit growth.
- Go To Page 1
Another AI deal: Salesforce buys Informatica for $8 billion, this move by Marc Benioff could rattle Microsoft, Amazon
Salesforce Informatica acquisition is making waves as Salesforce confirms an $8 billion deal to buy data software giant Informatica. The move is set to supercharge Salesforce's AI capabilities by merging Informatica’s powerful data management tools with Salesforce’s Data Cloud, Tableau, and MuleSoft. Announced at $25 per share, this surprise lower offer comes as part of Salesforce’s plan to strengthen its agentic AI ecosystem. With the focus now on autonomous AI agents and smarter digital tools, this acquisition could reshape how enterprise AI evolves. Here’s why this deal matters and what it means for the future of AI at Salesforce.
Ready for a comeback: 5 IT stocks with upside potential more than 30% in 1 year
After being an underperformer in a bullish market for the past three years, the chances are that we might see IT as a sector outperforming the market. Even though noise about US president-elect Trump and the H1B visa issue will keep cropping up from time to time, the Indian IT sector has seen these problems before. And successfully handled them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
This AI stock that is up 7900% since its IPO and has a $1 trillion opportunity led by a tech visionary; which company is it and should you invest
Salesforce is slowly emerging as an all-important stock in the field of technology, and is also showing a massive growth over the past year. Should US investors begin putting their money into this company that also has its own IPO?
One more reason to change negative bias against them? 5 IT stocks with upside potential of 25 to 38% in 1 year
At the start of the week, when the global markets were reeling under the pressure of unwinding of Yen carry trade, it was the IT stocks which were able to handle the pressure well. Was it an arbitrary reaction of the street, or the fact is that the unwinding of “ Yen carry trade” and the strength of Japanese Yen is a positive for select Indian IT companies. Probably the second one. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
The underlying bias is changing after three years of painful readjustment: These IT stocks can 16 to 38% returns in one year
While it might still not be making it to the headline, there has been a clear change in the stance for IT stocks post election results. After a long phase of underperformance the stocks are making a comeback. Because at this point of time, no one is able to assign any reason why this is happening, so there is no narrative on the street. The fact is that price action precedes the narrative. One bit of positive commentary on Q1 results and there will be no dearth of narratives. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Coforge’s $220-m Cigniti acquisition biggest, but not disproportionately bigger: CEO Sudhir Singh
Coforge's $220 million acquisition of Cigniti under CEO Singh's leadership aims to expand into new verticals, add fortune-500 clients, and strengthen North America market. Past acquisitions and focus on organic growth indicate a strategic approach to growth.
Coforge’s Cigniti acquisition a game-changer, will be EPS accretive from day one, says CEO Sudhir Singh
Sudhir Singh of Coforge outlines the strategic benefits of acquiring Cigniti, focusing on revenue growth, market expansion, and confidence in successful integration based on past acquisition achievements and team capabilities. Singh says: "Our intent is to raise roughly about $250 million and we will acquire between 51% and 54% of the promoter stake through a QIP."
Top Nifty IT stocks analysts recommend to buy and hold
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen. The reason IT was a sector which did extremely well in covid and it's the one which witnessed correction at the first instance when the rate tightening cycle started in early part of 2022. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Top Nifty IT stocks that analysts suggest buying and where they recommend hold
The Q4 earning season will get started with TCS announcing its result. This will bring IT stocks back in the limelight and action is bound to happen as IT was a sector which did extremely well in covid and it's the one which is stated corrected the first when market started tumbling from early 2020. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Top Nifty IT stocks analysts suggest buying this week
With expectation of depreciation in rupee and given the fact that interest rates are unlikely to soften any time soon. IT stocks may be back in the limelight. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Salesforce signals strong position with buyback plan boost, upbeat forecast
Salesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indicating a strong cash flow for the company that has come under pressure from activist investors.
Salesforce starts integrating Slack across products for ‘Digital HQ’
Salesforce has announced a new set of capabilities that integrate Slack across its products and industry solutions, two months after it completed the acquisition of the business communications platform.
HCL Technologies to add 1,000 employees in Nagpur in the coming months
HCL Nagpur focuses on Engineering and R&D services (ERS), Application Development and Infrastructure Management Services line of business.
Blue Yonder’s Luminate: A Digital Supply Chain Platform that is helping Indian companies succeed
In India, Blue Yonder started its operation in January 2010 with the acquisition of i2 Technologies, a leader in manufacturing, supply chain, retail, and transportation solutions. This acquisition brought together two market leaders, resulting in Blue Yonder’s ability to provide the most comprehensive, integrated supply chain offering, spanning from materials to the consumer.
Persistent Systems targets $1 billion in revenues
Sandeep Kalra, who has just taken over as the CEO, has since May 2019 been running the company's key technology business unit that accounts for almost 80% of its revenue.
Indian IT firms on acquisition spree amid Covid-19 pandemic
Analysts said the buyouts have come at a time when enterprises are looking at Indian technology firms to turn implementation partners for Cloud-based platforms.
Persistent to acquire US-based Capiot Software for $6.34 million
Capiot, founded in 2014, specializes in enterprise integration with expertise in MuleSoft, Red Hat and TIBCO. It also delivers enterprise modernization, with advanced proficiency in key partner platforms, frameworks and industry data models.
Banks are now less hesitant to adopt cloud platforms: Arundhati Bhattacharya, CEO of Salesforce India
The local unit of the US-based company has seen increased demand from the small and medium enterprises sector in the last few months, said Bhattacharya.
Oyo-backer Lightspeed eyes third $300 million India fund
The new fund comes soon after the firm has been able to complete record exits from unicorns like Oyo and Byju's in the previous year, delivering cash returns of over $900 million between the two deals.
Buy NIIT Technologies, target Rs 1,540: JM Financial
Buy NIIT Technologies at a price target of Rs 1,540.
Baring stake buy to help drive growth, says NIIT Tech CEO
Baring would end up paying Rs 4,890 crore for a 56 per cent stake, including the open offer.
NIIT Tech to acquire WHISHWORKS; sell stake in Esri India Technologies
Mid-sized IT services company NIIT Technologies said it will acquire Hyderabad-based WHISHWORKS IT Consulting, a move that will strengthen the former's digital capabilities.
IPO valuations show right time for young tech firms to go public is now
The IPO market is recovering, and that is good. Time will tell, though, if the IPO market has overshot recovery and headed straight into a ditch.
Load More
