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IKS Health sees earnings tripling by FY30, driven by TruBridge deal

Inventurus Knowledge Solutions (IKS), a tech-enabled healthcare solutions provider, expects its earnings before interest, taxes, depreciation, and amortization (EBITDA) to triple to ₹3,000 crore by 2029-30 (FY30), up from about ₹1,000 crore, following the proposed TruBridge acquisition, said Group CFO Nithya Balasubramanian. Balasubramanian said IKS Health plans to scale operations while maintaining margins in the … Read more

AI-led pricing pressure to keep IT growth weak; worst yet to come: Fractal Analytics’ Velamakanni

AI-led pricing pressure is set to keep growth in the IT services sector subdued over the next 12–18 months, with the worst phase of contraction still ahead, according to Srikanth Velamakanni, Co-Founder & Executive VC at Fractal Analytics. Speaking to CNBC-TV18, Velamakanni said the industry is already witnessing the early impact of artificial intelligence-driven disruption, … Read more

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