The technology sector is experiencing sustained momentum in mergers and acquisitions (M&As) driven by factors such as strong cash reserves, attractive valuations, and opportunities in the AI space. Companies, including IT services and SaaS firms, are actively acquiring to enhance capabilities in emerging technologies. GrowthPal, an AI-driven platform, highlights the focus on US and European markets. Recent notable acquisitions include L&T Technology Services acquiring Intelliswift, Infosys acquiring 'in-tech' and InSemi, and HCL Tech acquiring ASAP Group. The trend is expected to continue as firms seek to accelerate revenue growth.

The stock markets reached new all-time highs, driven by strength in select metal and information shares. The BSE Sensex rose by 459 points to 61,766, and the NSE Nifty increased by 138 points to 18,477. Infosys, Tata Steel, and Tech Mahindra were among the top gainers, while Reliance Industries hit a 52-week high. The Nifty Metal index surged due to rising base metal prices, with Hindalco, JSW Steel, and Tata Steel seeing significant gains. HDFC Bank reported a 17.6% profit increase for the September quarter, while HCL Tech shares fell despite a 4% profit growth.

IIMT University's 2023 placements saw a highest package of INR 33.50 LPA and five firms offering INR 15 LPA. Over 9,500 students from IIMT Group of Colleges have been placed in top Indian businesses, with a growing number of placements since 2019. Despite the pandemic's impact, IIMT maintained a strong placement record. Recruiters include TCS, Paytm, Wipro, Infosys, and many others. The Career Development Cell at IIMT Greater Noida provides career counseling and placement preparation. The median salary for 2023 was INR 4.5 LPA. The article is authored by Abhijeet Singh, a BTech student from AIET Jaipur, and reflects his personal views.