BUSINESS
Need greater synergy between Indian companies and startups, says Mohandas and Siddarth Pai
In an interview with Moneycontrol, the father-son duo emphasize on why bigger IT companies need to innovate as smaller players are agile and are getting more opportunities
BUSINESS
A look at Rajan Anandan's profile, the Google India VP who just joined Sequoia Capital
There cannot be a better role for someone like Rajan who has shown keen interest in nurturing startups.
BUSINESS
The ‘not so glamourous’ homecoming of techies from the US
Based on the data released by the USCIS, five Indian IT firms including TCS and Wipro accounted for about 8,742 of the 13,177 H-1B extension petitions rejected from close to 30 technology firms.
BUSINESS
With the accomplishment of Mission Shakti, here's a look at the journey of India's space program
India now has a commendable track record when it comes to space technology and research. They deserve the appreciation irrespective of which government sanctioned the project. However governments would do well not to bring research organisation into the web of politics in the future.
BUSINESS
Too soon to comment, will wait for board decision: Mindtree Exec Chairman Natarajan on L&T offer
We are focused on presenting our positives to our shareholders and tell them that we do have a bright future. We think that’s the most important message we are sending and we are getting very positive responses from them.
BUSINESS
No opinion yet on L&T open offer, says Mindtree independent directors committee chief
For all we know Mindtree-L&T’s battle for ownership is probably coming to an end or at least has a deadline – May 10. It is the date by which the independent directors of Mindtree should advise the stakeholders on the open offer – whether to go for it or not, going by the public statement by L&T.
BUSINESS
H-1B visa nominations from IT firms likely to see a steep drop this year
With so many changes, companies are reducing the number of H-1B nominations and employees themselves are not too keen.
BUSINESS
Mindtree-L&T saga far from over, but founders could benefit from not letting emotions guide their decisions
Mindtree was a company founded and nurtured by the ten founders from modest backgrounds with care and affection.
BUSINESS
Wait for regulatory approval from CCI over Mindtree takeover, say legal experts
A ‘hostile takeover’ is a new phenomenon to India; the CCI’s scrutiny of the entire issue and it’s consequent decision will act as a very important precedence for similar future transactions.
BUSINESS
No pyaar or dil, it is full on war, say Mindtree promoters
"We will reach out to every single voice in the industry that matters," said Subroto Bagchi, co-founder, Mindtree.
BUSINESS
Mindtree co-founders condemn L&T takeover plan, will stay 'unconditionally opposed'
L&T is eyeing 51 percent shareholding in Mindtree and has bought 20.4 percent stake from Cafe Coffee Day promoter V G Siddhartha in the IT company
BUSINESS
L&T's takeover bid of Mindtree: Employees support founders
As the battle heats up and the founders are looking to thwart the takeover bid, Mindtree employees have started #MindtreeMatters on Twitter to express their support.
BUSINESS
Probably there's no stopping for social media and the violence it perpetrates, even though unintentional
With elections approaching the rate at which polarised messages are being forwarded has only increased.
BUSINESS
Data privacy may hinder growth: IBM
In a conversation with Moneycontrol, Arvind Krishna, Senior Vice President, Cloud and Cognitive Software, IBM, spoke about the company’s stand on data privacy and adoption of artificial intelligence.
TRENDS
With elections looming, civic apps look to ride on the poll bandwagon
According to media reports, there are more than 50 mobile applications and web-based platforms planning to tap into the election fever.
BUSINESS
Hamstrung by Digital Sky's 'comatose' state, commercial drone companies in a fix
Even though the Digital Sky portal is live, it does not have the zoning system in place, making it difficult for drone players to move forward with business.
BUSINESS
Even as everyone goes gaga over digital, TCS may have taken the lead
Digital revenues are growing significantly every year. On an average, revenues from digital now account for 25-30 percent of the total for most IT firms.
BUSINESS
This week in IT: Could the Facebook founder’s recent blog post be an answer to India’s data localisation mandate?
India is one of the biggest markets and they cannot afford to lose them. Facebook has 300 million users in India, its biggest market. It has only 210 million users in the US, according to Statista.
BUSINESS
Netherlands-based location service provider looking to expand its India footprint
Abhijit Sengupta, Sub Regional Director – South East Asia and India, said HERE technologies is now looking to expand these services to three more states in the country and is in active talks public sector enterprises for the same.
BUSINESS
What makes Mindtree an attractive acquisition for L&T Infotech?
Mindtree's portfolio in terms of capabilities and clientele in certain verticals will be complementary to LTI.
BUSINESS
Gender disparity: Women account for just 20% of H-1B visa petitions from India, second lowest in the world
This is despite the fact that Indian IT industry is one of the largest employers of women.
BUSINESS
Explained: What is an H-1B visa and why is it so coveted?
Since 2017, the US government has been tightening regulations around H1B visa. This includes declining approval rates and adding conditions such as a preference for US degree holder.
TRENDS
IT firms' margins on decline as overseas costs continue to rise: Report
Indian IT firms have performed consistently well in the last few quarters reporting revenue growth in the range of 10-15 percent. However their margins are feeling the pressure in part due to visa issues and increasing onsite cost because of that.
BUSINESS
Infosys board fines Kiran Mazumdar-Shaw for inadvertently trading shares without nod
Infosys fined Kiran Mazumdar-Shaw, independent director, for Rs 9.5 lakh for trading 1,600 share without obtaining pre-clearance for trade, the company said in its BSE filing on Thursday.
