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IAG enters bidding for TAP Air Portugal privatization

Nov 22, 2025

Lisbon [Portugal], November 22: The International Airlines Group (IAG), parent company of British Airways and Iberia, formally submitted Friday its interest in participating in TAP Air Portugal's reprivatization, delivering a letter to Parpublica, Portugal's state holding company.
The Portuguese government plans to sell up to 44.9 percent of the flag carrier's share capital, with 5 percent reserved for employees, in line with the country's Privatisation Law.
Air France-KLM lodged an expression of interest in TAP's reprivatization on Tuesday, while German airline group Lufthansa did so on Thursday. The deadline for submissions is this Saturday.
Source: Xinhua News Agency

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Infosys: Differentiated AI strategy and a sharp focus on value unlock propels 29% sequential growth in AI revenues

Bengaluru (Karnataka) [India], October 23: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, delivered $5,145 million in Q2 revenues, year on year growth of 1.5% and sequential growth of 1.2% in constant currency. Operating margin was stable at 21.0%. EPS growth was 8.7% year on year in rupee terms. TCV of large deal wins was $5.2 billion, with 62% net new. Robust Q2 large deal TCV at $5.2 billion with 62% net new; lays solid foundation for future growth. FY 27 revenue guidance revised to 1%-2% and margin guidance retained at 20%-22%.

Oct 23, 2026