Infotech

Maharashtra Chief Minister Devendra Fadnavis has begun aggressively pitching the state as the most preferred investment destination and wants it to regain its position as an economic powerhouse in the country.

Infosys, TCS top picks: Gautam Chhaochharia

According to Gautam Chhaochharia, Head of India Research of UBS Securities, Infosys and Tata Consultancy Services are top picks in the IT space.

Expect EBIT margins around 20% for H2FY14: Infotech

As far as the pricing environment goes, Krishna Bodanapu, President & COO of Infotech says the days of automatic price increases are over.

Management bandwidth a concern for acquisition: Infotech

The company has articulated an acquisition strategy that will help in fulfilling gaps in terms of capabilities or geographic locations and given the resources at the company‘s disposal, the only limiting factor is the management bandwidth, says Krishna Bodanapu, President & COO of Infotech.

Zenith Infotech Launches TigerCloud

Based on Intel Xeon E3 processor family, TigerCloud is a three-in-one product, combining private cloud, business continuity & backup as well as scale out iSCSI storage.

PTC Completes First Phase Of PLM Implementation In India

DRDO has selected Windchill, PTC's PLM software, over all major providers participating for Combat Vehicles Research and Development Establishment.

Huawei India targets USD 200 million revenue

Infotech communications technology solutions provider Huawei on Wednesday said it plans to clock USD 200 million revenue from its enterprise business in the country this calendar year, by garnering around 200 clients.

Confident of maintaining margins at 18-20%: Infotech

Due to a strong pipeline, Infotech’s chairman and managing director, BVR Mohan Reddy tells CNBC-TV18 that they are confident of maintaining margins around 18-20% in the next few quarters.

Infotech Jun qtr PAT seen down 69% at Rs 11 cr: Angel

Angel Broking has come out with its earning estimates on IT sector for the quarter ended June 2011. According to the research firm, Infotech June quarter net sales are expected to go up by 3.5% at Rs 337 crore, quarter-on-quarter, (QoQ) basis.

Saraswat Bank, ADAG in tie-up to sell core banking solution

Leading co-operative lender Saraswat Bank has tied up with Reliance ADAG under which the Anil Ambani-led group will market a core banking solution developed by the bank's infotech subsidiary.

Infotech Mar qtr PAT seen dn 8% at Rs 34 cr: Angel

Angel Broking has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Infotech March quarter sales are expected to go up by 7.3% at Rs 336 crore, quarter-on-quarter, (QoQ) basis.