Computers - Software News

  • IL&FS shareholders' nod to fresh equities, Rs 50 mn investment

    IL&FS shareholders' nod to fresh equities, Rs 50 mn investment  

    After the notice of postal ballot dated February 10, the members of the company passed certain special resolutions and that include "issuance of up to 10,513,238 equity shares of Rs 10 each on preferential basis".

    21 Mar 2017, 8.05 am  |  Source: PTI

  • HCL Tech board approves share buyback worth Rs 3,500 crore

    HCL Tech board approves share buyback worth Rs 3,500 crore  

    As of December 2016, HCL Technologies had cash of USD 1,885 million on its books. The company has an equity base of 1.41 billion shares and has paid out dividends for the last 56 consecutive quarters.

    20 Mar 2017, 7.22 pm  |  Source: CNBC-TV18

  • Ramco Systems bags fleet management order from Kiwi firm

    Ramco Systems bags fleet management order from Kiwi firm  

    NULL

    14 Mar 2017, 11.41 am  |  Source: PTI

  • Wipro`s Azim Premji meets IT Minister over H-1B visa concerns

    Wipro's Azim Premji meets IT Minister over H-1B visa concerns  

    The minister told Premji that India has taken up this issue at senior level in the US administration, the source added.

    10 Mar 2017, 9.52 am  |  Source: PTI

  • Wipro's Premji meets IT Minister over H-1B visa concerns

    Wipro's Premji meets IT Minister over H-1B visa concerns  

    In the past few weeks, there have been proposals to overhaul the popular H-1B visa regime through various legislations, which have added to the worries of the Indian IT sector that is battling slower growth, currency fluctuation a...

    09 Mar 2017, 7.25 pm  |  Source: PTI

  • After TCS, Mindtree mulls share buyback

    After TCS, Mindtree mulls share buyback  

    Mindtree is exploring options for buyback of shares and a decision will be taken in the next three to six months.

    08 Mar 2017, 2.22 pm  |  Source: Moneycontrol.com

  • Tech Mahindra sets up centre to showcase smart manufacturing

    Tech Mahindra sets up centre to showcase smart manufacturing  

    Tech Mahindra has taken the lead position by setting up a state-of-the-art lab which works on technologies that are expected to power the future factory floors, it said in a statement.

    08 Mar 2017, 9.20 am  |  Source: PTI

  • Cyient inks agreement with thyssenkrupp Elevator

    Cyient inks agreement with thyssenkrupp Elevator  

    IT firm Cyient, formerly known as Infotech Enterprises, today said it has entered into a long-term agreement with thyssenkrupp Elevator, to support its MAX platform.

    07 Mar 2017, 8.24 pm  |  Source: PTI

  • Tech Mahindra sets up `Factory of the Future` lab in Bengaluru

    Tech Mahindra sets up 'Factory of the Future' lab in Bengaluru  

    Known as the "Factory of the Future" lab, the new centre showcases assets and solutions in the areas of Digital Manufacturing, Connected Machines, Additive Manufacturing, Robotics & Automation, Artificial Intelligence & Analytics,...

    07 Mar 2017, 4.00 pm  |  Source: PTI

  • Tech Mahindra sets lab to showcase futuristic manufacturing tech

    Tech Mahindra sets lab to showcase futuristic manufacturing tech  

    Tech Mahindra announced on Tuesday that it had set up a state-of-the-art lab that would showcase technologies and their use to improve productivity on factory shop floors.

    07 Mar 2017, 3.07 pm  |  Source: Moneycontrol.com

  • Tech Mahindra Board approves acquisition of CJS Solutions

    Tech Mahindra Board approves acquisition of CJS Solutions   

    Tech Mahindra will pay USD 89.5 million upfront for around 84.7 percent of CJS' stake. It will require the remainder of the stake over the next three years.

    06 Mar 2017, 6.10 pm  |  Source: CNBC-TV18

  • Wipro completes sale of EcoEnergy division

    Wipro completes sale of EcoEnergy division  

    In November last year, the Bengaluru-based company had said it will sell its EcoEnergy division to Chubb Alba Control Systems for USD 70 million in order to sharpen focus on core IT business.

    02 Mar 2017, 1.18 pm  |  Source: PTI

  • Employees launch petition against 3-month exit notice in IT cos

    Employees launch petition against 3-month exit notice in IT cos  

    Over 28,000 IT employees have signed an online petition asking the Labour Ministry to stop IT companies from holding them to a three-month non-negotiable notice period.

    02 Mar 2017, 9.34 am  |  Source: Moneycontrol.com

  • Promoters to participate in TCS` Rs 16,000-cr buyback offer

    Promoters to participate in TCS' Rs 16,000-cr buyback offer  

    Tata Consultancy Services today said its promoters intend to participate in its proposed Rs 16,000-crore buyback offer.

    01 Mar 2017, 9.16 pm  |  Source: PTI

  • Automation will open new avenues for BPM sector: Hinduja Global

    Automation will open new avenues for BPM sector: Hinduja Global   

    There are worries over what automation will do to jobs in the business process management (BPM) industry. But, Partha Desarkar, CEO of Hinduja Global Solutions believes a lot of it is hyped.

    01 Mar 2017, 3.02 pm  |  Source: CNBC-TV18

  • Now, Wipro mulls share buyback, plans using 25-30% of cash: Srcs

    Now, Wipro mulls share buyback, plans using 25-30% of cash: Srcs   

    The company wants to use 25-30 percent of its cash reserves as shareholders return over the next three years. For this, Wipro is likely to take up a capital return policy for its shareholders.

    01 Mar 2017, 12.24 pm  |  Source: CNBC-TV18

  • COMMENT: Are Indian investors gaining from Warren Buffett’s wisdom?

    COMMENT: Are Indian investors gaining from Warren Buffett’s wisdom?  

    It is a mark of Warren Buffett’s smart investment choices over the years that whenever he decides to pass on his wisdom, value investors are all ears.

    28 Feb 2017, 6.00 pm  |  Source: Moneycontrol.com

  • H-1B not a worry; have created jobs in US: Hinduja Global

    H-1B not a worry; have created jobs in US: Hinduja Global  

    Speaking to Moneycontrol News, Partha DeSarkar, CEO of Hinduja Global Solutions (HGS) said that the company has hired around 6,000 people in North America, who are local Americans and Canadians.

    28 Feb 2017, 2.30 pm  |  Source: Moneycontrol.com

  • Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car

    Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car  

    Mahindra group-owned automotive design firm Pininfarina has inked a pact worth 65 million euros (around Rs 460 crore) with Hong-Kong listed Hybrid Kinetic Group for developing an electric car.

    27 Feb 2017, 5.54 pm  |  Source: PTI

  • 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

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