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Moneycontrol

Computers - Software News

  • Infy seeks shareholders` nod for new Articles of Association

    Infy seeks shareholders' nod for new Articles of Association  

    "The Board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

    24 Feb 2017, 2.44 pm  |  Source: PTI

  • Without reskilling, IT`s 1 mn workforce will struggle to stay

    Without reskilling, IT's 1 mn workforce will struggle to stay  

    The shift the industry is currently undergoing is evident from growth numbers, which have plummeted to mid-single digits in the last few years. And for the first time, industry body Nasscom has deferred its annual growth guidance.

    24 Feb 2017, 2.00 pm  |  Source: Moneycontrol.com

  • India faces 1.5 mn white-collar job crisis in telecom, IT, BFSI

    India faces 1.5 mn white-collar job crisis in telecom, IT, BFSI  

    India is staring at an imminent jobs crisis as three leading service sectors — which have been engines of job creation for two decades now — get ready to shed jobs by the tens of thousands, each driven by its own dynamic.

    24 Feb 2017, 1.42 pm  |  Source: Moneycontrol.com

  • Infosys to tweak Articles, likely to announce share buyback soon

    Infosys to tweak Articles, likely to announce share buyback soon  

    After Tata Consultancy Services, the country’s second largest software company Infosys may soon announce it’s first-ever share buyback. The company has sought shareholders’ approval to tweak its Articles of Association, whic...

    24 Feb 2017, 1.22 pm  |  Source: Moneycontrol.com

  • TCS for `level playing field` amid US visa overhaul

    TCS for 'level playing field' amid US visa overhaul  

    Gopinathan, who took charge as CEO this week, acknowledged that that there are political ramifications that need to be dealt with given the shift in demographics and political elements.

    24 Feb 2017, 1.20 pm  |  Source: PTI

  • Infosys seeks shareholder nod to amend Articles of Association

    Infosys seeks shareholder nod to amend Articles of Association  

    "The board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

    23 Feb 2017, 9.24 pm  |  Source: PTI

  • Infosys may announce $2.5 bn share buyback in April

    Infosys may announce $2.5 bn share buyback in April  

    The development comes after TCS announced a share buyback worth Rs 16,000 crore last week. It was preceded by Cognizant, while HCL Tech also said it was exploring the possibility of a buyback.

    23 Feb 2017, 7.32 pm  |  Source: Moneycontrol.com

  • TCS to articulate capital allocation policy in next few months

    TCS to articulate capital allocation policy in next few months  

    India's largest software services firm TCS will articulate in more "explicit" terms its capital allocation policy in the next few months for its shareholders.

    23 Feb 2017, 5.14 pm  |  Source: PTI

  • Ramadorai: Chandra best to head Tatas as he leads from the

    Ramadorai: Chandra best to head Tatas as he leads from the  

    N Chandrasekaran's strength to lead from the front makes him the right person to lead the USD 103-billion Tata Group, former TCS head S Ramadorai has said.

    23 Feb 2017, 5.14 pm  |  Source: PTI

  • Cyient partners with ANSYS to set up simulation lab

    Cyient partners with ANSYS to set up simulation lab  

    "The lab brings together Cyient's expertise in service design, delivery, and operational excellence with ANSYS's market-leading engineering simulation solutions and services to drive the development of innovative proof-of-concepts...

    23 Feb 2017, 9.14 am  |  Source: PTI

  • 88 listed cos can pay dividends totalling Rs 27,600 cr: Report

    88 listed cos can pay dividends totalling Rs 27,600 cr: Report  

    Based on an analysis of the financials of S&P BSE 500 firms for the fiscal 2016, the report said 88 companies paid Rs 278 billion (Rs 27,800 crore) as aggregate dividend in FY 2015-16 and can additionally pay Rs 276 billion (Rs 27...

    23 Feb 2017, 9.12 am  |  Source: PTI

  • N Chandrasekaran may onboard Tata insiders to spruce up ops

    N Chandrasekaran may onboard Tata insiders to spruce up ops  

    Tata Sons' new Chairman N Chandrasekaran is likely to bring on board chief executives of group operating companies to better operational proficiency, reports the Economic Times today.

    23 Feb 2017, 9.09 am  |  Source: Moneycontrol.com

  • Infosys` audit committee looking into anonymous complaints

    Infosys' audit committee looking into anonymous complaints  

    "The whistle blower complaints have been placed before the audit committee and as is normal practice, in accordance with the company's whistle blower policy, the audit committee is taking steps to initiate an investigation into th...

    23 Feb 2017, 8.14 am  |  Source: PTI

  • Snapdeal fate no surprise, startup model to blame: Mohandas Pai

    Snapdeal fate no surprise, startup model to blame: Mohandas Pai   

    Speaking to CNBC-TV18, TV Mohandas Pai, the former Chief Financial Officer of Infosys, said new-age startups have no clear strategy and very poor execution.

    22 Feb 2017, 9.53 pm  |  Source: CNBC-TV18

  • JC Penney may cut outsourcing to India; plans insourcing instead

    JC Penney may cut outsourcing to India; plans insourcing instead  

    The retailer’s announcement comes as a hard rap on the knuckles of Indian IT industry, which was already reeling under global gloom in the sector.

    22 Feb 2017, 4.00 pm  |  Source: Moneycontrol.com

  • TCS to remain net cash positive despite Rs16,000 cr buyback: S&P

    TCS to remain net cash positive despite Rs16,000 cr buyback: S&P  

    The ratings and outlook on Tata Consultancy Services are not affected by the company's Rs 16,000 crore offer for share repurchases, Standard & Poor's said in a statement.

    22 Feb 2017, 1.52 pm  |  Source: PTI

  • Ramco Systems bags $2.5 mn cloud deal from Allegis Group

    Ramco Systems bags $2.5 mn cloud deal from Allegis Group  

    Allegis Group is a global leader in talent solutions, and the largest privately held staffing company in the world.

    22 Feb 2017, 12.08 pm  |  Source: PTI

  • EXCLUSIVE: Infy founders to keep promoter tag, seem reluctant to cut stake

    EXCLUSIVE: Infy founders to keep promoter tag, seem reluctant to cut stake  

    While the market believes that the Murthy-led group are no longer promoters and should not interfere with the running with the group, it has emerged that the truth is otherwise, and the promoters will not lose this status unless t...

    22 Feb 2017, 10.13 am  |  Source: Moneycontrol.com

  • EXCLUSIVE: After TCS, HCL Tech could eye share buyback

    EXCLUSIVE: After TCS, HCL Tech could eye share buyback   

    An official familiar with the development told Moneycontrol the company was open to the idea of a share buyback and was considering it.

    22 Feb 2017, 9.13 am  |  Source: Moneycontrol.com

  • Man with the midas touch: See how India Inc views N Chandra

    Man with the midas touch: See how India Inc views N Chandra   

    "Chandra is the right man for the right job who brings a lot of experience, maturity and midas touch," V Balakrishnan, former Infosys CFO said.

    21 Feb 2017, 8.35 pm  |  Source: CNBC-TV18

  • N Chandrasekaran takes Tata corner office: His top 3 priorities

    N Chandrasekaran takes Tata corner office: His top 3 priorities   

    N Chandrasekaran's first Board meeting as chairman of Tata Sons comes close on the heels of his appointment as chairman of group operating companies including Tata Power, Tata Motors, Tata Steel and Tata Consultancy Services

    21 Feb 2017, 5.13 pm  |  Source: Moneycontrol.com

  • Tatas will lead, not follow: N Chandrasekaran

    Tatas will lead, not follow: N Chandrasekaran  

    Chandrasekaran served TCS for three decades as it rose to become the largest IT company in the country and also the crown jewel for Tata Sons -- the group holding company which is majority-owned by philanthropic trusts set up by t...

    21 Feb 2017, 12.02 pm  |  Source: PTI

  • Will sustain TCS` growth momentum, says CEO Rajesh Gopinathan

    Will sustain TCS' growth momentum, says CEO Rajesh Gopinathan  

    Gopinathan has taken over the reins of the country's largest IT services firm from N Chandrasekaran, who has been elevated as Chairman of Tata Sons, the holding company of the USD 103-billion Tata Group.

    21 Feb 2017, 11.38 am  |  Source: PTI

  • Infosys denies whistleblower allegations on Panaya deal

    Infosys denies whistleblower allegations on Panaya deal  

    The company in a letter said that the “assertions made in the letter are libelous and are aimed at tarnishing the image of Infosys and its management.”

    21 Feb 2017, 10.04 am  |  Source: Moneycontrol.com

  • Vishal Sikka says `malicious stories` being spread to target him

    Vishal Sikka says 'malicious stories' being spread to target him  

    In a letter to employees, Infosys chief executive Vishal Sikka lashed out at detractors for spreading "false and malicious" stories about the company and said they were "designed" to target him to the "point of harassment".

    21 Feb 2017, 7.40 am  |  Source: PTI

  • TCS names V Ramakrishnan as CFO

    TCS names V Ramakrishnan as CFO  

    India's largest software services firm Tata Consultancy Services (TCS) today appointed V Ramakrishnan as Chief Financial Officer.

    20 Feb 2017, 7.38 pm  |  Source: PTI

  • Infosys divide: Vishal Sikka in a letter refutes whistleblower allegations

    Infosys divide: Vishal Sikka in a letter refutes whistleblower allegations  

    Infosys CEO Vishal Sikka wrote a letter to his employees in which he said that these speculations and fabrications are clearly designed to tarnish the company's reputation.

    20 Feb 2017, 7.09 pm  |  Source: Moneycontrol.com

  • FYI: Here`s why TCS is buying back shares

    FYI: Here's why TCS is buying back shares  

    Everything you wanted to know about a share buyback.

    20 Feb 2017, 6.55 pm  |  Source: Moneycontrol.com

  • TCS board approves buyback of up to 5.6 cr shares at Rs 2850/sh

    TCS board approves buyback of up to 5.6 cr shares at Rs 2850/sh   

    The Tata Consultancy Services (TCS) board today announced buyback of upto 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore.

    20 Feb 2017, 3.33 pm  |  Source: Moneycontrol.com

  • Chandra to take over Tata Group reins today; `big job` ahead

    Chandra to take over Tata Group reins today; 'big job' ahead   

    A man known for making India's largest software exporter TCS what it is today, Chandrasekaran has his task cut out as the new Chairman of Tata Sons -- the promoter firm of many of the operating Tata group firms.

    20 Feb 2017, 2.14 pm  |  Source: PTI

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