SEBI is said to ease arbitrage mutual fund rules to aid closing auction session

The average trading volume at the PI Industries counter jumped over nine-fold with a combined 2.1 million equity shares changing hands on the NSE and BSE till 02:58 PM on Wednesday.

Advent International disposes of NCS Multistage (NCSM) shares

But the trend has also revived an old debate: are these deals about acquiring capabilities or simply adding to their capacity? The strategy is driven partly by the need to grow contract values as organic revenue expansion slows for Indian IT companies and artificial intelligence reshapes traditional technology spending. The strategy is not entirely new.