Infosys announced a multi-year strategic engagement with First Abu Dhabi Bank (FAB), the UAE's largest bank, to optimise and modernise FAB's IT infrastructure services. As part of this collaboration, the company will use Infosys Cobalt, a set of services, solutions, and platforms that help enterprises accelerate their cloud journey, to deliver industry-leading, infrastructure-managed services.
Open FlipShares of Siemens Ltd. are trading at a record high on Wednesday, May 15. The stock crossed the ₹7,000 mark, making an all-time high of ₹7,240. Besides Jefferies, six other analysts are projecting shares of Siemens to trade above the mark of ₹7,000 going forward. Following Jefferies, Motilal Oswal has the highest target on the street for Siemens at ₹7,800.
Open FlipFolios or unique mutual fund investor accounts have a unique place in the analysis of mutual fund traction. Unlike the much touted AUM, the folio numbers do not get the media attention. Overall, AUM has 3 major shortcomings. Firstly, the overall AUM could be influenced by cyclical debt market and treasury flows, which do not result in commensurate growth in investor interest.
Open Flip