Coforge – Midcap IT – Ambitious Management eyeing at $2 billion Revenue by FY27 (18-10-2024)
Hi All,
Didn’t see a thread on Coforge yet. It has been on my radar since they did the Cigniti acquisition in Q4FY24 and the markets overreacted to it. The stock has outperformed since then.
ED searches MUDA offices, BJP demands CM Siddaramaiah’s resignation (18-10-2024)
Enforcement Directorate officials conducted searches at Mysore Urban Development Authority’s office following allegations of irregularities in allotting housing plots. The ED scrutinized records and sought clarifications from officials. Opposition BJP demanded Chief Minister Siddaramaiah’s resignation, implicating him in the alleged scandal.
Striking gold: I-bankers earn record Rs 493 cr from Hyundai Motor India IPO (18-10-2024)
Fees from handling equity share sales hit Rs 3K cr in 2024
Tensions in MVA as Sena boycotts seat-sharing talks with Congress’ Nana Patole (18-10-2024)
The UBT has conveyed its decision to NCP-SP and the Congress leadership in Delhi. The MVA was supposed to meet today to finalise the seat sharing discussions but the UBT has said that it would skip it if Patole is present in the meeting. Consequently, the meeting did not take place.
India’s forex kitty drops $10.75 bn to $690.43 bn (18-10-2024)
Declining for the second straight week, India’s forex reserves dropped $10.75 billion to $690.43 billion for the week ended October 11 in one of the largest decreases in the kitty in recent times, the RBI said on Friday. In the previous reporting week, the reserves had dropped by $3.71 billion to $701.18 billion.