The stunning boardroom coup, announced late on Monday, sent shares in some of Tata's major listed entities lower on Tuesday, despite the company's attempt to calm the waters by bringing a well-known and widely respected hand like ...
25 Oct 2016, 12.36 pm | Source: Reuters
Wipro's new CEO Abidali Neemuchwala believes in the resilience of the Indian IT industry and said that it is just going through a change and sees Wipro well positioned to accomodate these changes.
25 Oct 2016, 9.57 am | Source: Moneycontrol.com
Tata Group currently commands a listed market capitalisation of over USD 125 billion (close to Rs 8.5 lakh crore), with the software giant TCS alone commanding a market value of nearly Rs 4.8 lakh crore.
24 Oct 2016, 7.36 pm | Source: PTI
In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems said that intellectual property (IP) business is traditionally weak in Q2.
24 Oct 2016, 11.36 am | Source: CNBC-TV18
In an interview with CNBC-TV18, Mindtree's management listed the reasons for this subdued quarter.
24 Oct 2016, 9.37 am | Source: CNBC-TV18
Country's fourth largest IT services firm HCL Technologies is aggressively looking at acquisition opportunities in areas like engineering and R&D services as well as digital technologies to drive growth.
23 Oct 2016, 12.52 pm | Source: PTI
Fewer working days and client furlough are key reasons for Wipro’s subdued growth guidance for the third quarter, says CFO Jatin Dalal in an interview to CNBC-TV18 after its third quarter guidance disappointed the street earlier...
21 Oct 2016, 10.23 pm | Source: CNBC-TV18
IT firm Mindtree reported a 37 percent fall in consolidated net profit at Rs 94.8 crore in the September quarter, hurt by slower ramp-ups and cautious spending by some large clients across verticals.
21 Oct 2016, 6.44 pm | Source: PTI
Software services provider Wipro has reported a 0.9 percent growth in consolidated profit at Rs 2,070.4 crore compared with Rs 2,051.9 crore in preceding period.
21 Oct 2016, 4.46 pm | Source: Moneycontrol.com
Gupta, whose departure from HCL Technologies was announced today, has founded a new investment firm 'Techcelx' that will focus on developing next-gen digital technology products and platforms.
21 Oct 2016, 4.00 pm | Source: PTI
The IT giant will be the industry leader in organic growth once it acquires the Butler America Aerospace. The acquisition will be completed by December 31 2016.
21 Oct 2016, 12.00 pm | Source: CNBC-TV18
Butler Aerospace provides engineering, design services and aftermarket engineering services to US aerospace and defence customers, providing them services in areas of mechanical and structural design, electrical design, tool desig...
21 Oct 2016, 9.34 am | Source: PTI
"Vijay has been a transformational leader in the company leading from the front. His vision and flawless execution trackrecord best positions him for taking our journey forward," HCL Technologies Chairman and Chief Strategy Office...
21 Oct 2016, 9.02 am | Source: PTI
HCL Tech has posted better-than-expected July-September results. Its Q2 consolidated net profit was at Rs 2015 crore while dollar revenue was at USD 1722 million.
21 Oct 2016, 8.25 am | Source: Moneycontrol.com
Indian information technology major Wipro has acquired Appirio, a US-based global cloud services company for USD 500 million. The deal is expected to close in the December quarter.
20 Oct 2016, 6.25 pm | Source: CNBC-TV18
Similarly, Wipro's Azim Premji, the 4th richest Indian on the Forbes list, has a networth of USD 15 billion -- more than Mozambique's GDP of USD 14.7 billion.
20 Oct 2016, 4.10 pm | Source: PTI
In an interview to CNBC-TV18, Sudhakar Ram, MD & Group CEO of Mastek spoke about the results and his outlook for the company.
19 Oct 2016, 12.27 pm | Source: CNBC-TV18
Infosys subsidiary EdgeVerve Systems today said it has carried out a pilot for using blockchain network for international remittances and trade finance with ICICI Bank and Middle East-based Emirates NBD.
18 Oct 2016, 7.54 pm | Source: PTI
Software solutions provider Mastek's profit more than doubled to Rs 7.7 crore in July-September quarter from Rs 3.6 crore in preceding period, driven by strong operational performance despite revenue degrowth.
18 Oct 2016, 2.36 pm | Source: Moneycontrol.com
Despite tepid second quarter show for Zensar Technologies where it reported a 25 percent decline in consolidated net profit at Rs 68.8 crore on account of currency movement, the software services firm says it has performed well on...
18 Oct 2016, 10.57 am | Source: CNBC-TV18
Prahlad, a relative of founder NR Narayana Murthy, was appointed as an independent director on the company board last week.
18 Oct 2016, 8.56 am | Source: Moneycontrol.com
TCS was recognised for its comprehensive suite for capital markets application services and significant expansion in its operations capabilities, driving cost effectiveness and productivity in its engagements, the company said in ...
18 Oct 2016, 8.54 am | Source: PTI
The Pune-headquartered mid-sized firm had posted a net profit of Rs 91.3 crore in the year-ago period.
18 Oct 2016, 8.16 am | Source: PTI
Shares of IT firm NIIT Technologies today slumped 6.5 per cent after the company posted a 9 percent decline in consolidated net profit for the quarter ended September 30, 2016.
17 Oct 2016, 8.00 pm | Source: PTI
In an interview with CNBC-TV18, Arvind Thakur, CEO of the company said that this has one of the best quarters in terms of order inflows which has stood at over USD 100 million per quarter this year.
17 Oct 2016, 1.34 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, BVR Mohan Reddy, Founder & Executive Chairman of Cyient spoke about the results and his outlook for the company.
17 Oct 2016, 12.20 pm | Source: CNBC-TV18
These units will be headed by 'industry heads' who will have end-to-end responsibility of their units and will report to one of the presidents. Mohit Joshi, Rajesh Murthy and Sandeep Dadlani will supervise these heads.
17 Oct 2016, 9.14 am | Source: CNBC-TV18
Strong growth in western geographies with traction in both key verticals of BFSI and travel and transportation resulted in 4.6 percent growth in the US with revenue share of 49 percent and 7.9 percent sequential growth in EMEA wit...
15 Oct 2016, 6.40 pm | Source: Moneycontrol.com
The Bengaluru-based company joins peer TCS in dismissing possibility of adverse impact of Brexit on the business prospects of the multi-billion dollar Indian outsourcing industry.
15 Oct 2016, 1.28 pm | Source: PTI
The impact of oil prices, Brexit and US presidential elections tend to be over stated, Vishal Sikka says. The bigger issue is the nature of computing and the fact that today everyone wants to be a tech company, he adds.
14 Oct 2016, 4.44 pm | Source: CNBC-TV18