Nifty near 23,000 as Sensex gains 1,533 points
Indian benchmark indices opened higher on Friday, 16 October 2026, with the Sensex at 74,315.61, up 1,533.72 points, and the Nifty at 22,997.35, up 374.65 points. Technical analysts called 23,000 a key…
All posts tagged in Coforge
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Coforge appoints Akhil Gupta as chair after boardroom crisis
IT services company Coforge has appointed former Bharti Enterprises vice-chairman Akhil Kumar Gupta as its new chairperson and non-executive independent director for five years, effective September 29. Gupta succeeds veteran banker OP…
AI token costs fall but enterprise spending surges, IT firms adapt
AI token prices have fallen sharply, but companies are spending more as complex agentic tasks consume vastly more tokens. Coforge says unit costs dropped about 100-fold in seven months while token use…
Mid-cap IT firms outpace large rivals in bank revenue growth
India's mid-sized IT firms are growing revenue from banks and financial services faster than larger rivals, according to a Mint analysis. From FY20 to FY26, revenue from BFSI clients grew at a…
AI drives nearly half of Indian IT M&A deals in two fiscals
Nearly half of the mergers and acquisitions by Indian IT companies in the past two financial years were driven by the need to acquire AI and allied capabilities, according to a Crisil…
Nifty IT jumps 2% as Infosys, Coforge lead broad rally
All 10 stocks in the Nifty IT index traded in the green early Friday, pushing the sectoral index up 2% in opening trade. Coforge rose over 3%, while Infosys gained more than…
CLSA upgrades midcap IT stocks Persistent, Coforge, downgrades TCS Infosys
Brokerage CLSA has retained a High Conviction Outperform rating on Persistent Systems and Coforge, naming them as its top picks in the Indian IT sector. Persistent shares rose as much as 2.47%…
AI drives nearly half of Indian IT M&A deals, says Crisil
Nearly half of all mergers and acquisitions by leading Indian IT companies in the past two financial years were aimed at acquiring artificial intelligence and allied capabilities, according to Crisil Ratings. The…
MCX, Coforge, Sona BLW: What experts say on these stocks
Market experts have given their views on fundamental and technical levels for stocks including Multi Commodity Exchange (MCX), Coforge, Sona BLW Precision Forgings, Samvardhana Motherson International, and Godfrey Phillips India. The recommendations…
Coforge shares surge 10% on 49% profit jump in Q1
Coforge shares rose over 10 per cent on Tuesday after the IT firm reported a 49.1 per cent year-on-year rise in consolidated net profit to Rs 531.7 crore for the first quarter…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.