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  • LTIMindtree president markets Sudhir Chaturvedi resigns

    Moneycontrol had earlier reported that COO Nachiket Deshpande pipped Sudhir Chaturvedi to become the frontrunner for CEO post, after Debashis Chatterjee.

  • 75% of our large deals are in the long-tenure space: LTIMindtree’s Sudhir Chaturvedi

    75% of our large deals are in the long-tenure space: LTIMindtree’s Sudhir Chaturvedi

    Sudhir Chaturvedi, President- Markets, LTIMindtree said that the company’s large deals are $20 million-plus in the total contract value. Since 75% percent of these deals are in the cost-reduction space, the good thing is that they tend to be 3-7 year deals and will allow better planning of resources and costs, he said.

  • LTIMindtree bags 5-year IT efficiency deal from online media company Criteo

    LTIMindtree bags 5-year IT efficiency deal from online media company Criteo

    LTIMindtree will help Criteo to enhance business agility, IT service quality, and scalability.

  • Bulk of integration to be completed within this fiscal year, that’s a tall order: LTIMindtree CEO 

    Bulk of integration to be completed within this fiscal year, that’s a tall order: LTIMindtree CEO 

    The company intends to focus on its top five accounts, which make up around 25 percent of its overall revenue, says CEO Debashis Chatterjee. 

  • September quarter was big and the next will be even bigger, says Larsen & Toubro Infotech management

    September quarter was big and the next will be even bigger, says Larsen & Toubro Infotech management

    LTI and Mindtree are expected to announce combined earnings from Q3 onwards; will boost deal pipeline

  • Metaverse is no longer an experiment, we have started seeing prospective projects: LTI management

    Metaverse is no longer an experiment, we have started seeing prospective projects: LTI management

    While short-term prospects of the company for the next two quarters look positive, the management remained cautious of the demand cycle in the quarters beyond calendar year 2022.

  • Order book in healthy position for FY16: NIIT Tech

    Order book in healthy position for FY16: NIIT Tech

    In an interview with CNBC-TV18, Sudhir Chaturvedi, COO of NIIT Technologies discussed the company's third quarter results for this fiscal.

  • Expect deal wins to pick up in Q3: NIIT Tech

    Expect deal wins to pick up in Q3: NIIT Tech

    NIIT Technologies has surpasseds analysts' expectations on Friday with second quarter consolidated net profit rising 16.6 percent sequentially to Rs 68.2 crore on strong operational growth.

  • NIIT Tech Q1 adj profit dips to Rs 58.5 cr, revenue up 4.9%

    NIIT Tech Q1 adj profit dips to Rs 58.5 cr, revenue up 4.9%

    “The quarter witnessed robust 8.9 percent sequential growth in international geographies which helped maintain operating margins at 16.3 percent despite wage hikes” said Arvind Thakur, CEO and Joint MD, NIIT Technologies.

  • Strong deal pipeline to boost margins: NIIT Tech

    Strong deal pipeline to boost margins: NIIT Tech

    According to Sudhir Chaturvedi COO, NIIT Technologies margins for the company are on an upward trend on back of good order intake, especially from US market business.

  • Infy Q3 PAT may rise 14%, FY14 guidance key: CNBC-TV18 Poll

    Infy Q3 PAT may rise 14%, FY14 guidance key: CNBC-TV18 Poll

    Analysts believe the full year dollar revenue guidance (FY14) is the key to watch out for. According to them, if the company does not increase the guidance then the stock may see knee-jerk reaction.

  • Stephen Pratt Quits Infosys; 6th senior exit in 5mths

    Stephen Pratt Quits Infosys; 6th senior exit in 5mths

    Stephen Pratt had played a key role in building the consulting business for Infosys and was a member of the executive council.

  • Infosys Results: Attrition rate jumps to 17.3% in Sept quarter

    Infosys Results: Attrition rate jumps to 17.3% in Sept quarter

    During the period, the IT major's attrition rate increased to 17.3 percent compared to 16.9 percent in the June quarter. It saw net addition of 2,964 employees in the quarter. Overall, 12,168 employees joined Infosys and its subsidiaries during the second quarter.

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