ITC rallied up to 4.7% to ₹267.50 after subsidiary ITC Infotech announced a ₹1,330 crore merger with Happiest Minds Technologies, creating an AI-first enterprise targeting USD 1 billion revenue by FY28. ITC Infotech will acquire a 22.1% stake in Happiest Minds at ₹390-400 per share in two tranches.
upGrad completed its all-stock acquisition of Unacademy for just over $200 million, giving Ronnie Screwvala's company a foothold...
