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Genpact (NYSE:G) Posts Better-Than-Expected Sales In Q3
Yahoo Finance· 2025-11-06 21:28
Business transformation services company Genpact (NYSE:G) reported Q3 CY2025 results topping the market’s revenue expectations , with sales up 6.6% year on year to $1.29 billion. Guidance for next quarter’s revenue was better than expected at $1.30 billion at the midpoint, 1.2% above analysts’ estimates. Its non-GAAP profit of $0.97 per share was 8% above analysts’ consensus estimates. Is now the time to buy Genpact? Find out in our full research report. Genpact (G) Q3 CY2025 Highlights: Revenue: $1.29 ...
CCI clears Capgemini’s acquisition of Cloud4C
BusinessLine· 2025-10-15 02:11
Core Insights - The Competition Commission of India (CCI) has approved Capgemini's acquisition of full ownership of Cloud4C, a leader in hybrid cloud platform services [1][2] - Capgemini aims to enhance its service offerings in the IT sector through this acquisition, which aligns with its strategy of expanding its capabilities in digital transformation and technology services [3][4] Group 1: Acquisition Details - Capgemini will acquire 100% of the shares of Cloud4C Services Pte Ltd and Cloud4C Services Pvt Ltd [2] - The acquisition is part of Capgemini's broader strategy to strengthen its position in the hybrid cloud services market [1][3] Group 2: Company Background - Capgemini is headquartered in Paris and is a leading multinational in consulting, digital transformation, technology, and engineering services [3] - India serves as one of Capgemini's largest delivery bases globally, highlighting the importance of the Indian market in its operations [3] Group 3: Recent Developments - This acquisition follows Capgemini's announcement in July to acquire WNS for USD 3.3 billion, indicating a continued expansion strategy [4] - The CCI's approval is necessary for large transactions to ensure fair competition and prevent unfair business practices in the marketplace [4]