Computers - Software News

Federal Bank ties up with TCS for setting up of ATMs   

22 May 2013, 9.44 pm  |  Source: PTI

Federal Bank has entered into an agreement with Tata Consultancy Services (TCS) for setting up ATMs at passport seva kendras (PSKs)....

Rupee fall, strong Tech Mahindra results boost IT stocks  

22 May 2013, 12.21 pm  |  Source: Moneycontrol.com

Shares of Infosys, TCS, HCL Tech among others gained around 1 percent on Wednesday as the rupee depreciation is expected to boost their earnings in Ap...

Aim to scale up all 6 Chinese hubs: TCS' Chandrasekaran   

21 May 2013, 11.11 pm  |  Source: CNBC-TV18

TCS is present in six locations in China-Beijing, Shanghai, Shenzhen, Tianjin, Dalian and Hangzhou. N Chandrasekaran MD and CEO said, we need to incre...

Oracle Fin Services fixes floor price at Rs 2,275  

21 May 2013, 10.20 pm  |  Source: PTI

IT firm Oracle Financial Services Software today announced the floor price for sale of over 44 lakh shares worth about Rs 1,009 crore to meet minimum ...

Li visits TCS, Mistry says China important for Tatas  

21 May 2013, 9.33 pm  |  Source: PTI

The Tata Group was the only private enterprise that Chinese Premier visited during his three-day visit to India. Li was also presented with an overvi...

Insatiable demand for data has driven earnings: Nayyar   

21 May 2013, 8.18 pm  |  Source: CNBC-TV18

Tech Mahindra has posted good Q4 numbers, with revenue for the fourth quarter up 6.5% to Rs 1,907 crore, and profit growth at 36.8%. The management sa...

Religare Tech standalone Mar '13 sales at Rs 4.80 crore  

21 May 2013, 6.01 pm  |  Source: Moneycontrol.com

Religare Technologies has reported a standalone sales turnover of Rs 4.80 crore and a net loss of Rs 17.05 crore for the quarter ended Mar '13...

Tech Mahindra Q4 cons net up 25% YoY at Rs 377cr  

21 May 2013, 4.24 pm  |  Source: Moneycontrol.com

Tech Mahindra's Q4 consolidated net profit was up 25 percent year-on-year to Rs 377 crore, while revenue soared 35 percent to Rs 1,907 crore. The resu...

Phaneesh Murthy fiasco: What next for iGate?  

21 May 2013, 11.11 am  |  Source: Moneycontrol.com

iGate Corp has sacked its President and CEO Phaneesh Murthy over sexual harassment claims. The company has named Gerhard Watzinger as the interim CEO ...

TCS beats ONGC to become most-valued company  

20 May 2013, 7.36 pm  |  Source: PTI

Tata Consultancy Services became the country's most valued firm with a market capitalisation of over Rs 2.87 lakh crore, surpassing ONGC. Reliance Ind...

Infosys to challenge new tax demand of Rs 577cr  

20 May 2013, 10.25 am  |  Source: Reuters

Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a Rs 5.77 billion income tax demand raised by Indian authorit...

I-T department sends new Rs 577cr tax notice to Infosys  

20 May 2013, 8.21 am  |  Source: Moneycontrol.com

Bangalore-based software services exporter Infosys is under the I-T watch once again and the department has slapped a new Rs 577 crore tax notice for ...

NIIT Tech standalone Mar '13 sales at Rs 321.67 crore  

18 May 2013, 3.34 pm  |  Source: Moneycontrol.com

NIIT Technologies has reported a standalone sales turnover of Rs 321.67 crore and a net profit of Rs 46.29 crore for the quarter ended Mar '13...

Expect margins to expand further: NIIT Tech   

17 May 2013, 5.59 pm  |  Source: CNBC-TV18

NIIT Technologies CFO Pratibha Advani says that the overall results of the company have been good in Q4 and expects margins to expand further on the b...

Q4 traditionally weak quarter, Q3 strong: Infinite Computer   

17 May 2013, 4.41 pm  |  Source: CNBC-TV18

Upinder Zutshi, chief executive officer & MD, Infinite Computer Solutions India says that historically, Q3 has always been a very strong quarter, and ...

ICSA standalone Mar '13 sales at Rs 93.67 crore  

17 May 2013, 3.40 pm  |  Source: Moneycontrol.com

ICSA India has reported a standalone sales turnover of Rs 93.67 crore and a net loss of Rs 250.63 crore for the quarter ended Mar '13...

Hinduja Venture consolidated Mar '13 sales at Rs 189.72 crore  

17 May 2013, 2.48 pm  |  Source: Moneycontrol.com

Hinduja Ventures has reported a consolidated sales turnover of Rs 189.72 crore and a net profit of Rs 4.87 crore for the quarter ended Mar '13...

Mahindra Satyam Q4 net jumps 468% QoQ on exceptional gain   

16 May 2013, 5.02 pm  |  Source: Moneycontrol.com

Mahindra Satyam's (Satyam Computer Services) fourth quarter consolidated net profit rose more than five-fold quarter-on-quarter to Rs 454 crore. It ha...

Sonali Bank goes live with Polaris' Intellect CBS  

16 May 2013, 4.40 pm  |  Source: Business Wire India

Polaris Financial Technology Ltd, announced that Sonali Bank Limited, the largest state owned commercial bank in Bangladesh has gone live with Polaris...

Infosys boss Shibulal takes 26.5% salary cut in FY13  

15 May 2013, 1.21 pm  |  Source: CNBC-TV18

The cut was because of the board aligning compensation of employee directors in line with that applicable to other employees as well, the CNBC-TV18 re...

Infosys seeks SEC aid on penalty for employee-info glitches  

14 May 2013, 11.24 pm  |  Source: CNBC-TV18

Infosys has made a filing of Form 20-F, an SEC filing submitted to the US Securities and Exchange Commission to provide information, as it feels new U...

3i Infotech consolidated Mar '13 sales at Rs 337.75 crore  

14 May 2013, 2.47 pm  |  Source: Moneycontrol.com

3i Infotech has reported a consolidated sales turnover of Rs 337.75 crore and a net loss of Rs 74.32 crore for the quarter ended Mar '13...

Geodesic consolidated Mar '13 sales at Rs 147.80 crore  

14 May 2013, 2.46 pm  |  Source: Moneycontrol.com

Geodesic has reported a consolidated sales turnover of Rs 147.80 crore and a net loss of Rs 6.48 crore for the quarter ended Mar '13...

Targeting 15-20% revenue growth in FY14: 3i Infotech   

14 May 2013, 1.20 pm  |  Source: CNBC-TV18

3i Infotech is bullish about its performance going ahead. It may also sell some non-core divisions to repay debt....

Wipro in top 3 in IAOP's Global Outsourcing 100 List  

13 May 2013, 5.28 pm  |  Source: Business Wire India

Wipro Ltd, today announced that it has been named amongst the top 3 in the ‘2013 Global Outsourcing 100’ list compiled annually by International A...

Mindteck consolidated Mar '13 sales at Rs 70.94 crore  

13 May 2013, 10.55 am  |  Source: Moneycontrol.com

Mindteck (India) has reported a consolidated sales turnover of Rs 70.94 crore and a net profit of Rs 0.04 crore for the quarter ended Mar '13...

TCS plans to engage 4,000 IT professional in Odisha  

10 May 2013, 5.30 pm  |  Source: PTI

Natarajan Chandrasekaran, CEO, TCS said TCS has now engaged 1,000 IT professionals in its Odisha Hub, which will go up to 4,000 with new expansion....

Rolta raises USD 200 m in overseas bond sale  

10 May 2013, 5.13 pm  |  Source: PTI

Rolta LLC, the fully owned subsidiary of Rolta India raised USD 200 million through a foreign bond sale to meet the working capital needs....

OracleFinancial standalone Mar '13 sales at Rs 739.46 crore  

09 May 2013, 3.56 pm  |  Source: Moneycontrol.com

Oracle Financial Services Software has reported a standalone sales turnover of Rs 739.46 crore and a net profit of Rs 266.26 crore for the quarter end...

Wipro launches VirtuaDesk  

08 May 2013, 5.00 pm  |  Source: Business Wire India

Wipro Ltd., a leading Global Information Technology, Consulting and Outsourcing company, today launched VirtuaDesk™, the first packaged, IP-based of...