FPT Corp., Vietnam’s largest publicly traded telecommunications and software company, enlisted Temasek Holdings Pte to help it identify a Singapore technology company for acquisition to boost sales overseas.
Emerging-market stocks fell for the first time in three days as OAO Sberbank led losses in lenders. The forint sank after Goldman Sachs Group Inc. said further rate cuts will make Hungary vulnerable amid a rout in riskier assets.
India’s stock analysts are raising profit estimates for companies in the S&P BSE Sensex at the fastest pace since 2007 amid growing confidence Asia’s third- largest economy will rebound from a decade-low expansion.
Tata Consultancy Services Ltd., India’s largest company, reported profit that beat estimates as customers in the U.S. and Europe boosted spending on information technology services and predicted a “stronger” year ahead.
Tata Consultancy Services Ltd., India’s largest software exporter, reported third-quarter profit that beat analysts’ estimates as customers in the U.S. and Europe increase spending on information technology services.
Tata Consultancy Services Ltd. fell the most in more than two years in Mumbai trading after India’s most valuable company reported sales that missed analyst estimates and some investors judged recent gains excessive.