Indian battery-swapping firm Battery Smart plans IPO
According to an ICRA report, Battery Smart’s operating revenue rose 52% to about 2.5 billion rupees (US$26.2 million) in FY25.
HCL Technologies Ltd, an Indian information technology service provider, has become the latest firm to face shrinking orders from top clients, with Google expected to reduce its IT spending. Automation tools are leading large companies to reassess their current technology contracts. The article is written by Jas Bardia, a Bengaluru-based business journalist covering India's IT services sector.
Jas has been breaking stories on leadership shifts, high-stakes deals, and evolving industry trends for Mint since joining in November 2023. Prior to Mint, he worked at Bloomberg News in Mumbai, focusing on bonds and currencies. When not reporting, Jas enjoys exploring Bengaluru's culinary scene, attending FC matches, and attending events. For inquiries about the article, email Jas at jas.bardia@livemint.com.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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