Ahmedabad, Dec 26 (IANS) Gujarat is steadily emerging as one of India’s strongest hubs for innovation and startup culture, driven by proactive government policies and a focus on youth-led entrepreneurship. Under the Student Startup and Innovation Policy (SSIP) of the Gujarat government, the establishment of i-Hub Gujarat has played a pivotal role in transforming innovative ideas into viable businesses.Implemented to give practical shape to SSIP at the grassroots level, i-Hub Gujarat was set up i…
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New Delhi, Dec 26 (IANS) Coforge on Friday announced that it will acquire US-based engineering services firm Encora in a $2.35-billion all-stock deal, marking one of the largest transactions in India’s IT services space.The acquisition will be carried out through a share swap, under which Coforge will issue 93.8 million equity shares priced at Rs 1,815.91 each.This values the non-cash transaction at around Rs 17,032 crore. After the deal, Encora’s shareholders will own about 21.25 per cent o…