Smac

Proximity is not the only reason why the Single Malt Amateur Club of India (SMAC) chose Singapore as the destination for its first ever whisky trail. A look at 5 of Singapore’s best whisky bars.

Sep quarter M&A deals involving Indian cos jump to $7.7 bn

As many as 233 deals involving Indian companies with a cumulative deal value of USD 7.7 billion were disclosed in the three months ended September.

Kaar Technologies charts its expansion to European mkts

The strategy is to choose markets with an affinity to outsourcing and in this regard, will concentrate more on acquiring enterprises operating in SMAC and other related technologies.

Ex-Infosys Balakrishnan on Board Kaar as Chairman - Audit Committee & Corporate Governance

  Kaar Technologies to expand to Europe & Western markets

Eye Rs 600cr rev growth; focus on digital biz: Kellton Tech

Speaking to CNBC-TV18, Chintam said the company is looking at acquisitions to aid its growth. The acquisitions will be funded either via Qualified Institutional Placement (QIP) or by raising equity.

AP govt plans five incubators with Rs 750 crore investment

The Andhra Pradesh government plans to create five "world-class" incubators with Rs 750 crore investment over the next four years.

Indian companies to spend more on disruptive technology :EY

The Enterprise IT trends and investments 2015 survey finds that 64% of Indian CIOs plan to increase their IT spending over 2014 and three in 10 CIOs expecting spending to increase by over 10%.

Persistent Systems gains 6%, CLSA initiates with buy rating

CLSA also feels that the software company‘s margins will recover by 240 basis points (bps) over FY15-18, with further onsite thrust counter balanced by higher billing rates (digital) and scale benefits on sales investments and improving staff pyramid.

Infosys rises 2%; CLSA reiterates high conviction buy call

Shares of Infosys gained 1.9 percent intraday Tuesday after brokerage house CLSA reiterated its high-conviction buy call on the stock, saying it should be a core tech holding.

Turnaround plan only by April 2016: Infosys' Vishal Sikka

Sikka said, “I only feel a tremendous sense of excitement and privilege to help take this iconic company.”

To maintain 15% growth in FY15: Persistent Systems

Anand Deshpande, CMD & CEO, Persistent Systems credits it to company‘s early investment in SMAC i.e. Social, Mobile, Analytics and Cloud. In an interview to CNBC-TV18, he says 50 percent of its revenues are from newer technologies.

Services biz growth of 3-4% Q-o-Q sustainable: Persistent

According to Deshpande, the company has extra levers for margins growing further and its newer offerings in services business has led to outperformance.

TCS gains 2% as CEO expects FY15 to be better than FY14

Buoyancy in outsourcing demand and increasing confidence among clients is driving hopes for a better year for the USD 108 billion Indian IT-ITeS industry.

TCS sees billion $ opportunity in digital; sees good FY15

While the Indian IT sector weathered effects of sluggish global economy and currency fluctuations, the proposed US Immigration Reform Bill still remains a concern until further clarity on the final Bill.