Information Technology (it)

TCS said that the Marks & Spencer service desk contract referred to in the report went through a regular competitive tender process beginning January 2025 -- 'much prior to the cyber incident in April 2025'.

Tech Mahindra Q1 Results: Net profit jumps 34% on-year, tops Rs 1,140 crore on low expenditure

Deal wins have increased by 44% on a last twelve months basis, says TechM CEO Mohit Joshi

Wipro Q4 results: Net profit rises 6% QoQ to Rs 3,570 crore, firm forecasts weak Q1 revenue

Missing analyst estimates, the company guided revenue in the range of -1.5 percent to -3.5 percent for Q1FY26.

Indian Overseas Bank's IT spend to be15-20% higher in FY25 over FY24 : Ajay Kumar Srivastava

The managing director and CEO added that the public sector bank expects gross NPAs to be in 2.3-2.35 percent level in the next financial year.

Eight of top 10 firms lose Rs 1 lakh crore in mcap; Infosys, HDFC Bank, TCS biggest laggards

Last week, the Sensex declined 940.37 points or 1.55 per cent.

New IT Rules | Treat the sickness, leave the healthy alone

A democratically-elected government should have powers and responsibility to protect its citizens online. However, the new IT rules seem to be designed to control the Internet 

'1.5 lakh online transactions get compromised in India'

Source said the National Cyber Security Coordinator attributed the breach to phishing attack, ransomware, IP address manipulation, etc.

3.9% fiscal deficit target tough to meet: Edelweiss

The 3.9 percent fiscal deficit target for FY16, reiterated by the government today, seems like an uphill task and unlikely to be achieved, says Nischal Maheshwari, Co-Head, Institutional Equities and Head-Research at Edelweiss Securities

Positive on IT, fin services, logistics cos: Prabhudas L

R Sreesankar, Head - Institutional Equities, Prabhudas Lilladher, says that while every player having offshore IT centre with higher concentration of its employee base in Chennai will invariably be impacted by the recent floods, he remains positive on the sector.

Healthcare-IT sector gets $784 mn VC funding in Q1: Mercom

While the number of deals grew to 142 during January-March 2015 from 134 deals in October-December 2014, Venture capital funding in the healthcare information technology (IT) sector dipped 35 percent globally.

Cabinet defers decision on easing visa norms for Chinese

The Government intends to revisit the 2003 protocol in the wake of a substantial increase in visits by Chinese nationals, which has led to jump in FDI inflows and involvement of that country in infrastructure projects here.

Baring-Hexaware deal gets CCI nod

The Rs 2,745 crore proposed deal involves HT Global IT Solutions, part of Baring Private Equity Asia, purchasing 41.48 per cent stake of Hexaware Technologies following execution of 'share purchase agreements' and an additional stake of up to 26 per cent pursuant to a mandatory open offer.

Confident of business going forward for FY14: Infotech Ent

Though Krishna Bodanapu, President and COO of Infotech Enterprises feels that the company may face some short-term challenges in Q4, he is confident of things being positive in FY14.