BENGALURU: Infosys has strengthened its healthcare and insurance capabilities with a twin acquisition push, committing up to $560 million to expand its footprint in the US market.The company has signed a definitive agreement to acquire Optimum Healthcare IT for up to $465 million-one of its largest acquisitions in recent years-as it deepens its presence in the healthcare provider segment. The all-cash deal includes upfront payments and earnouts, excluding management incentives and retention bonuses, and will see Infosys acquire 100% of the company’s equity.In a parallel move, Infosys has also agreed to acquire US-based Stratus for up to $95 million to bolster its capabilities in the property and casualty (P&C) insurance segment and accelerate AI-led digital and data transformation for global clients. Both transactions are expected to close in Q1FY27.
Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet
NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by around Rs 3 a litre across metros on Friday,…