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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
"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
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
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
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
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
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
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 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
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
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
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
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