Persistent Systems Q1 profit rises 13.7% to ₹483 crore

The Software, Hi-Tech and Emerging Industries vertical remained the largest revenue contributor at 40.7%, recording a y-o-y growth of 15.7%

The Software, Hi-Tech and Emerging Industries vertical remained the largest revenue contributor at 40.7%, recording a y-o-y growth of 15.7%

Investors told Moneycontrol the markdowns reflect a healthier startup ecosystem, with founders increasingly building for public markets rather than chasing billion-dollar private valuations.

MediaTek shares surged 9.99% following strong earnings and AI ambitions, bolstered by strategic partnerships and a broader Asian tech rally. The company aims to expand its AI market share significantly.
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MILAN, Aug 3 : Italy's Prysmian, the world's largest cablemaker, has agreed to acquire U.S. electrical products maker Atkore in a $3.8 billion deal as it bets on electrification and AI-driven infrastructure demand.Prysmian has been expanding its North America…