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GeStepAhead GrowMyMoney IThe Winning Leap Tech Control

Budget 2017

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Computers - Software News

  • Pricing in check, volume worry may stay for few qtrs: Mindtree

    Pricing in check, volume worry may stay for few qtrs: Mindtree   

    JC Narasimhan, CFO, Mindtree said the challenges on the pricing front have reduced and the company expects stable pricing in the next few quarters. He, however, admitted to having challenges on volume front with some of the custom...

    20 Jan 2017, 3.27 pm  |  Source: CNBC-TV18

  • Mistry spat not only reason for loss in Tata group mcap: SES

    Mistry spat not only reason for loss in Tata group mcap: SES  

    Proxy governance firm Stakeholder Empowerment Services (SES) is of the opinion that the fall in market cap or investors loss in Tata Group companies is largely due to other factors rather than governance issues, which seem to have...

    20 Jan 2017, 10.50 am  |  Source: Moneycontrol.com

  • Adapting to automation a bigger hurdle than Trump: Tech Mahindra

    Adapting to automation a bigger hurdle than Trump: Tech Mahindra   

    Speaking to CNBC-TV18, Vineet Nayyar, Vice Chairman of Tech Mahindra, said the IT sector has become neutral to location and would adjust to the policies of the new US administration.

    20 Jan 2017, 10.08 am  |  Source: CNBC-TV18

  • Mindtree Q3 profit up 9%, $ revenue down 0.4%; margin expands

    Mindtree Q3 profit up 9%, $ revenue down 0.4%; margin expands   

    Midcap IT company Mindtree said profit in third quarter grew by 8.8 percent to Rs 103.1 crore from Rs 94.8 crore in previous quarter.

    19 Jan 2017, 5.34 pm  |  Source: Moneycontrol.com

  • AI to displace jobs; a company needs to be agile: Sikka

    AI to displace jobs; a company needs to be agile: Sikka   

    He feels comfortable by the way Infosys is positioned for the future. But he still feels the biggest challenge for the company is that of innovation. He said alot of jobs will be displaced by artificial intelligence.

    19 Jan 2017, 3.05 pm  |  Source: CNBC-TV18

  • See strong organic growth, no dependence on buys:TCS` Gopinathan

    See strong organic growth, no dependence on buys:TCS' Gopinathan   

    The discussion about about Gopinath becoming the CEO started a week before the announcement was made, he says.

    18 Jan 2017, 7.26 pm  |  Source: CNBC-TV18

  • Resilient to absorb cost increases from H1B visa reform: Wipro

    Resilient to absorb cost increases from H1B visa reform: Wipro   

    There are many risks to the IT sector and the company needs to respond primarily to the changing customer needs to stay at the top. He feels the Indian IT industry is quite resilient to shocks and Wipro may emerge successful.

    17 Jan 2017, 10.18 pm  |  Source: CNBC-TV18

  • Mastek posts Rs 11.23 cr proft for October-December

    Mastek posts Rs 11.23 cr proft for October-December  

    The company had posted a consolidated net profit of Rs 0.79 crore in the year-ago period, Mastek said in a filing to the BSE.

    17 Jan 2017, 7.42 pm  |  Source: PTI

  • Q3 in line with expectations; Q4 should be better: NIIT Tech

    Q3 in line with expectations; Q4 should be better: NIIT Tech   

    Thakur says the company has witnessed an expansion in margins every quarter and is confident of reaching an exit margin of 17.5 percent by the end of current fiscal.

    17 Jan 2017, 3.54 pm  |  Source: CNBC-TV18

  • NIIT Tech`s Q3 net profit falls 10% to Rs 62 cr

    NIIT Tech's Q3 net profit falls 10% to Rs 62 cr  

    Its revenues grew two percent to Rs 693.8 crore in the reported quarter from Rs 680.2 crore in the October-December, 2015 quarter, as per Indian Accounting Standards (Ind AS).

    17 Jan 2017, 3.42 pm  |  Source: PTI

  • Mastek Q3 profit soars 47% to Rs 11 cr on strong EBITDA

    Mastek Q3 profit soars 47% to Rs 11 cr on strong EBITDA   

    Software firm Mastek's third quarter profit on consolidated basis jumped 46.8 percent sequentially to Rs 11.2 crore, driven by strong operational performance and tax write-back.

    17 Jan 2017, 3.28 pm  |  Source: Moneycontrol.com

  • AI adoption driving revenue growth for businesses: Infosys

    AI adoption driving revenue growth for businesses: Infosys  

    The report said organisations that have already deployed or have plans to deploy AI technologies expect to see a 39 percent increase on an average in their revenues by 2020, alongside a 37 percent reduction in costs.

    17 Jan 2017, 1.48 pm  |  Source: PTI

  • Indian IT sector needs new skill sets: C P Gurnani

    Indian IT sector needs new skill sets: C P Gurnani  

    Gurnani, the CEO of leading IT firm Tech Mahindra, said opportunities are still there and the industry would also need to partner in creating new skills.Gurnani, the CEO of leading IT firm Tech Mahindra, said opportunities are sti...

    17 Jan 2017, 1.26 pm  |  Source: PTI

  • Expect a good Q4, but wary on weakness in key account: Geometric

    Expect a good Q4, but wary on weakness in key account: Geometric   

    Geometric Limited has posted strong operational performance in Q3. In an interview to CNBC-TV18 Manu Parpia, MD & CEO, Geometric will continue to see some growth going forward into Q4.

    17 Jan 2017, 1.07 pm  |  Source: CNBC-TV18

  • Sikka wants to build a `more confident` Infosys by 2020

    Sikka wants to build a 'more confident' Infosys by 2020  

    Infosys CEO Vishal Sikka is working on making employees "more confident" and "creatively innovative" as the country's second largest IT firm marches ahead on its pursuit of USD 20-billion in annual revenue by 2020.

    16 Jan 2017, 5.30 pm  |  Source: PTI

  • As its boss moves to Tata HQ, investors fret over TCS future

    As its boss moves to Tata HQ, investors fret over TCS future  

    Moving the head of Tata Consultancy Services to the top job at Tata Sons' holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpre...

    15 Jan 2017, 3.53 pm  |  Source: Reuters

  • Hope Chandrasekaran will restore Tata Group values: India Inc

    Hope Chandrasekaran will restore Tata Group values: India Inc  

    The chamber expressed confidence that the new Tata Group head would reach out to all stakeholders, including minority shareholders, and restore the "best of conditions befitting the values and ethos of one of the most respected co...

    14 Jan 2017, 12.48 pm  |  Source: PTI

  • Will continue my association with TCS: Chandra to employees

    Will continue my association with TCS: Chandra to employees  

    A day after his appointment as the Chairman of Tata Sons, N Chandrasekaran has written to the employees of TCS to re-assure them of his continued association with them and the company in his new role.

    14 Jan 2017, 9.30 am  |  Source: PTI

  • $10 bn run rate emotional milestone; optimistic for Q4: Sikka

    $10 bn run rate emotional milestone; optimistic for Q4: Sikka  

    "The USD 10 billion mark is a huge emotional, psychological milestone for us. And yes of course, our aspiration continues to be USD 20 billion, 30 per cent margin and USD 80,000 Rev per employee and that is something that we are a...

    13 Jan 2017, 3.24 pm  |  Source: PTI

  • IT to remain muted in Q4, bottom out thereafter: Nasscom chief

    IT to remain muted in Q4, bottom out thereafter: Nasscom chief   

    Nasscom chairman R Chandrashekhar said positive signs of an upturn were already visible in the Q3 earnings of Infosys and TCS, with significant growth in revenues from the digital space.

    13 Jan 2017, 2.23 pm  |  Source: CNBC-TV18

  • Expect US policies to be friendly for biz, innovation: Sikka

    Expect US policies to be friendly for biz, innovation: Sikka  

    There are concerns that the new government in the US, under Donald Trump, is likely to push for a stricter visa regime to curb "abuse" of H1-B and L1 visas used by foreign workers.

    13 Jan 2017, 1.56 pm  |  Source: PTI

  • Unclear on H1B but see Trump to be biz-friendly: Vishal Sikka

    Unclear on H1B but see Trump to be biz-friendly: Vishal Sikka   

    Though the H1-B visa policy is still unclear, expect US President-elect Donald Trump to be business friendly in the long term, says Vishal Sikka, MD and CEO of Infosys.

    13 Jan 2017, 1.09 pm  |  Source: CNBC-TV18

  • Chandra`s rise at Tata Group spells IT sector importance: Sikka

    Chandra's rise at Tata Group spells IT sector importance: Sikka  

    Tata Sons is the holding company of the USD 103-billion Tata Group. Interestingly, Chandrasekaran had started his career as an intern at TCS.

    13 Jan 2017, 12.34 pm  |  Source: PTI

  • Infosys appoints Ravikumar S as Deputy COO

    Infosys appoints Ravikumar S as Deputy COO  

    In addition to his current responsibility of heading the global delivery organisation, Ravikumar S will oversee certain strategic business enabling functions and will be based in India.

    13 Jan 2017, 12.20 pm  |  Source: PTI

  • As new TCS chief, Gopinathan hopes to come up with new ideas

    As new TCS chief, Gopinathan hopes to come up with new ideas   

    Newly appointed Rajesh Gopinathan as CEO and MD of TCS, who replaces N Chandrasekaran has big shoes to fill in. Gopinathan hopes to continue with what the company has been doing in the past and also come up with new ideas.

    13 Jan 2017, 11.51 am  |  Source: CNBC-TV18

  • Infosys Q3 net up 3%, cuts FY17 USD revenue guidance to 7.2-7.6%

    Infosys Q3 net up 3%, cuts FY17 USD revenue guidance to 7.2-7.6%   

    Infosys lowered its full year dollar revenue guidance to 7.2-7.6 percent from 7.5-8.5 percent earlier and rupee revenue guidance to 10-10.4 percent from 10.9-11.9 percent.

    13 Jan 2017, 9.10 am  |  Source: Moneycontrol.com

  • Can Chandra take tough decisions for Tatas, asks Quantum`s Dutt

    Can Chandra take tough decisions for Tatas, asks Quantum's Dutt   

    Speaking to CNBC-TV18, Sanjay Dutt of Quantum Securities said that while foreign institutional advisors will give him the benefit of doubt, he is skeptical about picking someone from within the organization who follows same ideolo...

    13 Jan 2017, 8.52 am  |  Source: CNBC-TV18

  • My successors will take TCS to greater heights: Chandrasekaran

    My successors will take TCS to greater heights: Chandrasekaran  

    Addressing his last investor call as the head of the USD 16.5 billion firm, Chandrasekaran recounted how Gopinathan and the newly appointed COO, N G Subramaniam, have been groomed for the leadership roles.

    13 Jan 2017, 7.52 am  |  Source: PTI

  • Why Tata`s Chandrasekaran choice is a safe bet (COMMENT)

    Why Tata's Chandrasekaran choice is a safe bet (COMMENT)  

    The group clearly wants someone who will restore a reputation for good governance and probity that has taken a severe beating over the three months since Cyrus Mistry was summarily dismissed.

    12 Jan 2017, 10.14 pm  |  Source: Moneycontrol.com

  • How Tata Consultancy Services fared on N Chandrasekaran`s watch

    How Tata Consultancy Services fared on N Chandrasekaran's watch  

    After S Ramadorai's departure, it fell to Chandrasekaran to not just meet the challenges of the global financial crisis but also carry on the company’s legacy of high growth.

    12 Jan 2017, 9.35 pm  |  Source: Moneycontrol.com

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