Oct 5 : France's Schneider Electric struck its biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal valuing the US software company's equity at around $22.6 billion, it said in a statement.The $205-per-share offer implies an enterprise value of $23.7 billion for Boston-based PTC and represents
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Oct 5 : India's Nifty IT Index advanced about 1.5 per cent on Monday after IT services giant Accenture forecast stronger-than-expected annual revenue growth, lifting sentiment toward the sector and easing concerns that AI-driven disruption could weigh on technology spending.
Oct 5 : India's Nifty IT Index rose roughly 1.6 per cent on Monday after IT services firm Accenture forecast stronger-than-expected annual revenue growth, lifting sentiment toward the sector and easing concerns that AI-driven disruption could dent technology spending.Accenture's results, often viewed as a bel
TOKYO, Oct 5 : Bank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting asset prices, but warned of the risk of a market pullback if expected profits fail to materialize."It is a big positive demand shock, which has put upward pre
The European Union has toughened its stance towards Beijing to defend businesses against what it believes is unfair competition in critical sectors including cars.
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