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1Point1 Solutions, a provider of AI-led business process management (BPM) solutions on Monday announced it is acquiring Costa Ricaheadquartered Netcom Business Contact Center for USD 33.37 million transaction value. The acquisition is targeted for completion by March 31, 2026. The total transaction value for the acquisition of 100 per cent ownership is USD 33.37 million, comprising an upfront payment of USD 25.41 million and an estimated earn-out of USD 8.25 million, subject to post-closing adjustments linked to EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) performance and excess working capital, according to a release. Additional transaction-related costs are estimated at about USD 1 million. "The acquisition is expected to nearly double 1Point1's FY' 27 topline marking a significant step in advancing the company's inorganic growth strategy," it said. It aims to accelerate company's evolution into high-growth global organisation, while deepening domain
India on Sunday raised a toast to the women's cricket team after its historic World Cup victory, with leading sports personalities and political figures calling it a "defining" moment that could inspire an entire generation. It was a watershed moment for Indian women's cricket as years of toil and near-misses culminated in an evening of redemption and history, with the team defeating South Africa by 52 runs in the final to become only the fourth side to lift the ODI title. "1983 inspired an entire generation to dream big and chase those dreams. Today, our Women's Cricket Team has done something truly special," cricket legend Sachin Tendulkar wrote on 'X'. "They have inspired countless young girls across the country to pick up a bat and ball, take the field and believe that they too can lift that trophy one day. "This is a defining moment in the journey of Indian women's cricket. Well done, Team India. You've made the whole nation proud." Calling it an iconic moment, Sports Ministe