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Amit Yoran replaces Art Coviello as new RSA president

Oct 29, 2014 at 15:55 | Source: FirstPost

RSA, the security company controlled by storage giant EMC, has named Amit Yoran as president. Yoran replaces Art Coviello, who has stepped down as the company's president.Yoran, who most recently served as RSA's senior vice president of products, has...

App downloads in India likely to cross 9 billion by 2015: ASSOCHAM

Jul 30, 2014 at 12:42 | Source: Assocham

The number of app downloads in India is expected to grow from 1.56 billion per annum in 2012 to 9 billion by 2015, a compound annual growth rate (CAGR) of about 75%, between the age of 16-30, according to an ASSOCHAM-Deloitte joint study. In a joint...

HP to launch PC-as-service in second half of 2014

Jun 05, 2014 at 05:47 | Source: Economic Times

NEW DELHI: Following the success of pay-per use software, computer maker Hewlett-Packard is all set to revolutionise the computing devices market by bringing in PC-as-a-service model in the second half of this year. The service, expected to target la...

Energy, utilities companies face earnings tests

Apr 27, 2014 at 16:12 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Energy and utilities stocks will face a crucial test this week with several big earnings reports due from sector heavyweights ExxonMobil Corp, Chevron Corp., and Dominion Resources Inc. Both utilities and energy stock...

Sensex tanks 180 points on profit-booking

Nov 26, 2013 at 19:52 | Source: The Hindu BusinessLine

The benchmark Sensex fell by 180 points to 20,425 on wide-spread profit-taking in blue-chip stocks. Sensex opened flat at 20,604 points against the previous close of 20,605. It touched a high of 20,604 and low of 20,391. The volatility in market may...

RBI to count incremental credit to MSMEs as priority sector lending

Nov 26, 2013 at 18:12 | Source: DomainB

The Reserve Bank of India (RBI) has decided to include incremental loans extended by banks to medium and small manufacturing enterprises after 13 November 2013, as priority sector lending. Such credit of up to Rs10 crore extended to medium service e...

BSE Sensex loses 180 points; Bank Nifty falls 2%, BHEL up 3%

Nov 26, 2013 at 18:12 | Source: DomainB

3:50 pm Market closing: The rally fuelled by Iran nuke deal came to a grinding halt. The Sensex ends down 180.06 points at 20425.02, and the Nifty ends at 6059.10, down 56.25 points. Bank, oil and realty stocks lead the decline. About 1047 shares ad...

APAC IT spending to reach $767 bn in 2014: Gartner

Oct 29, 2013 at 19:57 | Source: DomainB

IT spending in the Asia Pacific (APAC) region is forecast to -reach $767 billion in 2014, a 5.5 per cent increase from 2013. ''The Digital Industrial Economy will be built on the foundations of the Nexus of Forces (which includes a confluence and in...

IT spending in APAC region set to grow 5.5% in 2014: Gartner

Oct 29, 2013 at 18:27 | Source: The Hindu BusinessLine

IT spending in the Asia Pacific (APAC) region is forecast to reach $767 billion in 2014, a 5.5 per cent increase from 2013, but it is the opportunities of a digital world that have IT leaders excited, according to a study by Gartner Inc. This result...

Nokia Growth Partners planning further investments in Indian cos

Oct 24, 2013 at 10:12 | Source: The Hindu BusinessLine

Nokia Growth Partners (NGP), the venture capital arm of Finnish handset manufacturer Nokia is to further invest in Indian companies as valuations are hovering at reasonable levels. With more than $600 million under management, NGP had invested in mo...

Karvy looks to capture 45% market share in 3 years

Sep 23, 2013 at 05:32 | Source: Economic Times

MUMBAI: Financial services enterprise, Karvy, which has launched its Insurance Repository System (IRS) with approval from IRDA, is eyeing about 45 per cent of the total market share in the next three years, a senior company executive said. "We are we...

Global outsourcing spend to hit $233 billion by 2020: Nasscom

Sep 18, 2013 at 00:27 | Source: The Hindu BusinessLine

Information technology industry body Nasscom on Tuesday said the global business process management (BPM) spend will grow at six-seven per cent annually till 2020 resulting in significant opportunities for the sector. Global BPM spend, which stands ...

3 rock-solid dividend stocks for worried investors

Sep 09, 2013 at 21:17 | Source: Market Watch

With the S&P 500 (SNC:SPX)  down about 3% from its August peak and a lot of uncertainty about consumer spending and central bank policies through the end of the year, investors are in a pretty tough spot. Throw in unrest in Syria, the looming U.S. ...

iGate bags $100 million deal from MetLife

Jun 26, 2013 at 21:12 | Source: Financial Express

Outsourcing company iGate Corporation today said it has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife, Inc. The US-based IT solutions firm has ...

iGate bags 5-year deal worth $100 million from MetLife Inc

Jun 26, 2013 at 13:06 | Source: Business Today

iGate Corporation has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife Inc.The US-based IT solutions firm has been providing services to the globa...

How iGate's $100 mn MetLife deal will help co achieve faster growth

Jun 26, 2013 at 12:18 | Source: FirstPost

Outsourcing company iGate Corporation today said it has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife, Inc.In the past, iGate has said that it i...

Mahindra Satyam, TechM to retain biz identities post merger

May 02, 2013 at 01:46 | Source: The Hindu BusinessLine

Hyderabad, May 1: The Mahindras are going to allow Mahindra Satyam and Tech Mahindra Satyam to retain their respective business identities after they merge. The merger is expected to happen some time this year after the Andhra Pradesh High Court giv...

Too cautious for their own good

Apr 27, 2013 at 00:16 | Source: Business Today

The beleaguered Kingfisher Airlines currently has a staggering debt of Rs 7,500 crore. One of its many lenders is the state-run Bank of Baroda (BOB), whose share of the amount is Rs 550 crore.Compare this to the bad loans given by BOB to all the mic...

Omnitech Infosolutions launches new fixed deposits

Apr 11, 2013 at 04:52 | Source: Economic Times

NEW DELHI: Omnitech Infosolutions has launched fixed deposits for tenures of one, two and three years. The minimum amount of investment is Rs 25,000 and in multiples of Rs 1,000 thereafter. Interest on the fixed deposit will be paid quarterly, annua...

Central Bank rolls out scheme for women

Mar 09, 2013 at 00:26 | Source: The Hindu BusinessLine

New Delhi, March 8: Central Bank of India has opened a women entrepreneur cell in Mumbai. The bank has also launched a new scheme — Cent Kalyani — to encourage women to start their own manufacturing/service enterprises, M. V. Tanksale, C...

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