On Monday, Cognizant made an announcement that it was extending its IT service agreement with Gilead Sciences for an additional $800 million in estimated value over the following five years, continuing the current pattern of software giants landing huge deals.

Thales, the defense electronics provider based in Europe is venturing into the field of cybersecurity through the acquisition of Imperva, a U.S. Company for a $3.6 billion. This strategic decision intends to strengthen their activities in cybersecurity expand their focus beyond defense operations and establish themselves as a global contender, in the realm of cyber warfare. The completion of this deal is expected by 2024.

In the first quarter of 2023, which concluded in June, Asian Paints recorded a 52% increase in annual growth in consolidated net profit at 1,574.84 crore.

Hipla Technologies, a provider of workplace management systems with a significant presence in India, was acquired by UK-based technology company InVentry.

The NSE International Exchange (NSE IX) has achieved a milestone by trading, more than 214,000 contracts valued at $8.5 billion in GIFT Nifty derivatives. This signifies growth compared to their initial operations. The Connect arrangement has generated interest among investors worldwide providing them with access to a wide range of derivative contracts for 21 hours every day.

Piramal Alternatives, a division of the Piramal Group headed by CEO Kalpesh Kikani has set a target to secure $1.5 billion, for investments, in credit within India’s high-yield companies. Given their history of funds and the rapid growth of India’s economy, they are actively looking for international investors to capitalize on the flourishing market.

On Tuesday, July 25, the infrastructure juggernaut Larsen & Toubro (L&T) is scheduled to release Q1 earnings. On the strength of a large order book, the firm is anticipated to

The Sculptor hedge fund will be acquired by Rithm Capital

In recent trading days, the market capitalization (m-cap) of Fast Moving Consumer Goods (FMCG) giant ITC witnessed a significant erosion.

People, on media were relieved when Facebook, Threads, WhatsApp, and Instagram backed up after an hour-long outage affecting thousands. According to Downdetector.com than 14,000 Instagram users experienced issues along, with 7,000 Facebook users, 2,700 WhatsApp users, and 470 Threads users. This is the time Instagram has had an outage in the month but Meta Platforms has not provided any updates or statements regarding the situation.

Microsofts AI-driven chatbot, Bing Chat is making its way onto platforms, like Google Chrome and Apples Safari expanding its reach beyond Microsoft browsers.

Elon Musks’ unexpected choice of Twitter rebranding into “X” and removing the known bird logo and “tweet” terminology resulted in a financial loss with an estimated impact of $4 20 billion, on brand value. As industry experts and branding agencies express their disapproval of this decision the platform now confronts the task of regaining its importance while embarking on objectives, under the “X” name.