MYSTERIOUS: Sonata software - What They Never Told You

Eye on AI push, IT midcaps rejig top leadership

Since late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operations, delivery, technology and human resources leadership roles, reflecting wider churn in the sector.

The Economic Times · May 21

Sonata Software shares rally 10% as Q4 net profit rises 21% despite revenue contraction; firm announces dividend

Sonata Software shares surged nearly 10% after the company reported a 21% rise in Q4 FY26 net profit, despite a decline in revenue. Strong EBITDA growth and deal wins supported sentiment, while the firm announced a final dividend. Segment performance remained steady, with gains in both international and domestic businesses.

The Economic Times · May 8

U.S. firm StemCures to set up manufacturing lab in Telangana

StemCures, a medical clinic in Ohio focused on stem cell therapy, will be establishing a manufacturing lab in Telangana with around $54 million investment and employment potential for around 150 people.

The Hindu · May 25, 2023