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IT sector is consolidating but here's why Infosy or TCS did not acquire iGate

Apr 28, 2015 at 14:50 | Source: FirstPost

The acquisition of iGate by European services major CapGemini shows that there is a need for consolidation in the Indian services industry. Why was iGate not acquired by any Indian company when it would have been easier for an Infosys or a TCS to int...

IT sector is consolidating but here's why Infosys or TCS did not acquire iGate

Apr 28, 2015 at 14:50 | Source: FirstPost

The acquisition of iGate by European services major CapGemini shows that there is a need for consolidation in the Indian services industry. Why was iGate not acquired by any Indian company when it would have been easier for an Infosys or a TCS to int...

IT sector is consolidating but here's why Infy or TCS did not buy iGate

Apr 28, 2015 at 13:30 | Source: FirstPost

The acquisition of iGate by European services major CapGemini shows that there is a need for consolidation in the Indian services industry. Why was iGate not acquired by any Indian company when it would have been easier for an Infosys or a TCS to int...

IT is consolidating but here's why TCS or Infosys didn't buy out iGate

Apr 28, 2015 at 10:58 | Source: FirstPost

The acquisition of iGate by European services major CapGemini shows that there is a need for consolidation in the Indian services industry. Why was iGate not acquired by any Indian company when it would have been easier for an Infosys or a TCS to int...

ICICI Banks NFC payment push: Launches Tap n Pay in arrangement with Tech Mahindra

Apr 21, 2015 at 10:30 | Source: FirstPost

ICICI Bank, Indias largest private sector bank, in arrangement with Tech Mahindra Limited, announced the launch of a contactless payment service based on the Near Field Communications (NFC) technology. Christened, Tap n Pay, this innovative payment s...

TCS shares head for biggest fall in six months after Q4 results disappoint

Apr 17, 2015 at 11:44 | Source: FirstPost

Shares in Tata Consultancy Services fell as much as 4.4 percent on Friday, heading towards their biggest fall since October 2014, after the company's January-March revenue fell short of expectations.TCS on Thursday reported a revenue growth of 1.6 pe...

Tech Mahindra teams up with Comverse, to take on Israeli engineers| Reuters

Apr 16, 2015 at 00:45 | Source: FirstPost

TEL AVIV (Reuters) - Information technology group Tech Mahindra is partnering with U.S.-Israeli Comverse Inc to set up a research and development centre in Israel.The two companies did not disclose financial details.Manish Vyas, president of Tech Mah...

Satyam to Fin Tech: India needs more high-profile arrests and early convictions

Apr 10, 2015 at 09:40 | Source: FirstPost

The case of Satyam has finally been decided.In December 2008, just after the collapse of Lehman brothers, one of Indias largest outsourcers, Satyam, decided to buy a promoter-run listed firm, Maytas Constructions, which was in the business of real es...

Satyam scam verdict: Will court do justice to defrauded Indian shareholders?

Apr 09, 2015 at 16:39 | Source: FirstPost

The special court verdict in Satyam Computer scam that defrauded investors hasnt come as a surprise because its promoter Ramalinga Raju had done something which others with similar vaulting ambitions dare not do. Indeed his career as a company promot...

Six years later, court finds Satyam's Raju, 9 others guilty of corporate fraud: All you need to know

Apr 09, 2015 at 12:40 | Source: FirstPost

A special court in Hyderabad today convicted former chairman B Ramalinga Raju and other nine accused following a seven-year trial. Sentencing in the case will be pronounced tomorrow ( 10 April, 2015).The 10 were convicted under various sections of th...

Raju found guilty in Satyam scam: All you need to know about India's biggest corporate fraud

Apr 09, 2015 at 11:36 | Source: FirstPost

A special court in Hyderabad today convicted former chairman B Ramalinga Raju and other nine accused following a seven-year trial. Sentencing in the case will be pronounced tomorrow ( 10 April, 2015).The 10 were convicted under various sections of th...

Guilty! Court convicts Ramalinga Raju, 9 others in Satyam scam; sentencing tomorrow

Apr 09, 2015 at 11:25 | Source: FirstPost

A special court in Hyderavad trying the multi-crore accounting fraud in erstwhile Satyam Computer Services Ltd (SCSL) today found all ten accused, including Satyam founder Ramalinga Raju guilty of cheating, forgery, destruction of evidence and crimin...

Wipro, HCL in race for Sebi's fraud detection system upgrade

Mar 19, 2015 at 13:19 | Source: FirstPost

New Delhi: As markets watchdog Sebi plans a capacity augmentation of its fraud detection system, IT majors, including Wipro, HCL, Tech Mahindra and L&T Infotech, have evinced interest in bagging the contract.Besides, some global players like HP a...

Microsoft launches cloud programme for Indian enterprises

Mar 18, 2015 at 15:03 | Source: FirstPost

Microsoft has announced the launch of Cloud Accelerator Programme for Indian enterprises and government. The new Cloud Accelerator programme will serve as a catalyst to accelerate the adoption of Microsoft Azure and Office 365 cloud services amongst ...

Final verdict in Satyam case on 9 April: 8 facts about India's own Enron scam

Mar 09, 2015 at 12:20 | Source: FirstPost

A special court in Hyderabad today postponed its final verdict in the Satyam Computer scam, the biggest accounting scam yet in India, to 9 April.The scam is known as India's own Enron, with Hyderabad Satyam Computer Services Chairman confessing to in...

Verdict in Satyam fraud case on 9 April: Key facts about India's own Enron scam

Mar 09, 2015 at 10:47 | Source: FirstPost

A special court in Hyderabad today postponed its final verdict in the Satyam Computer scam, the biggest accounting scam yet in India, to 9 April.The scam is known as India's own Enron, with Hyderabad Satyam Computer Services Chairman confessing to in...

IET launches Internet of Things think tank in India

Feb 23, 2015 at 11:34 | Source: FirstPost

Institution of Engineering and Technology (IET) India has launched its Internet of Things (IoT) Panel in Bangalore. The panel, chaired by Rishi Bhatnagar, VP - Global Head Digital Enterprise Services, Tech Mahindra, aims to be a neutral, authoritativ...

Tech Mahindra to expand US, Canada facilities, boost hiring abroad

Feb 11, 2015 at 18:22 | Source: FirstPost

Mumbai: Tech Mahindra Ltd will build more technology development facilities in the United States and Canada and boost local hiring to tap new business opportunities linked to digital technologies, its chief executive officer said on Wednesday."W...

Tech Mahindra, Videocon, Biyani: Check out who else applied for small bank, payment bank licences

Feb 05, 2015 at 08:30 | Source: FirstPost

Mumbai - The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into bankingbusiness through newly created niche category of payments and small finance banks.NRI b...

Internet of Things An Indian Perspective

Jan 21, 2015 at 14:52 | Source: FirstPost

By Ajith Sankaran IoT is moving from hype to reality, even though consumer use cases are limitedInternet of Things (IoT) is one of the most talked about technology trends today. There is a broad consensus among technology vendors, analysts a...

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