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Tag: investment in technology

Logistics firm Shiprocket files new papers for IPO of Rs 2,342 cr
Stock Market

Logistics firm Shiprocket files new papers for IPO of Rs 2,342 cr

Gurugram-based Shiprocket, which offers shipping and supply chain services to direct-to-consumer (D2C) brands selling online, has filed an updated draft red herring prospectus (UDRHP) for an initial public offering (IPO) of Rs 2,342 crore.Shiprocket is looking to raise Rs 1,100 crore in fresh capital as investors including Tribe Capital, Arvind Ltd, March Capital and Bertelsmann […]

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The worst is behind us for IT: large caps expect 15 to 20% upside as AI reshapes business models, says Deven Choksey
Stock Market

The worst is behind us for IT: large caps expect 15 to 20% upside as AI reshapes business models, says Deven Choksey

India’s IT sector appears to have put the worst behind it, with the next growth cycle likely to reward both large and mid-sized players – although big names may outperform in the short term, says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd.Speaking to ET Now, Choksey said last week’s strong rally in IT stocks is […]

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