Xerox

Indian benchmark indices closed lower following a volatile session, with the Sensex declining by 269.03 points (0.35%) to 77,209.90 and the Nifty dropping 65.90 points (0.28%) to 23,501.10. Meanwhile, TCS signed a contract with Xerox to modernize IT technology using cloud and GenAI, resulting in a 2% increase in its stock. Additionally, Finance Minister Nirmala Sitharaman convened a pre-budget meeting with agricultural economists and industry stakeholders to gather their perspectives. And, Skye Air Drones collaborated with Blue Dart to facilitate rapid deliveries in Gurugram.

TCS signs deal with Xerox to transform IT Tech using cloud, GenAI; stock rises 2%

TCS will consolidate Xerox’s technology services to improve business outcomes, migrate complex legacy data centers to the Azure public cloud.

Xerox CEO John Visentin dies at 59

Xerox called Visentin's death unexpected and said it has named Steve Bandrowczak, president and chief operations officer, as interim CEO.

Xerox courts HP shareholders as takeover battle heats up

Enough HP shareholders backing HP CEO Enrique Lores could embolden the company to remain independent or hold out for a better deal

Xerox courts HP shareholders as takeover battle heats up

The charm offensive comes after Xerox raised its cash-and-stock bid for HP last week by $2 to $24 per share ahead of a tender offer it plans to launch in early March. It is also asking HP shareholders to replace HP's board directors with Xerox's nominees at the company's annual shareholder meeting later this year.

Xerox hikes bid for HP to $36 billion

Xerox said in a statement it already has support from some large HP shareholders who "want the enhanced returns, improved growth prospects and best-in-class human capital that will result from a combination of Xerox and HP."

Xerox to nominate as many as 11 directors to HP's board in takeover push: Report

The stake would give Xerox the right to nominate directors for elections to be held at the HP's annual meeting this summer, the report said, adding that the deadline to nominate directors is Friday, and Xerox could still decide to not follow through with the nominations.

HP says Xerox securing financing not basis for takeover talks

The U.S.-based printer maker had said on Monday it secured $24 billion in financing for the proposal, a deal that HP is opposing.

Xerox secures $24 billion for HP takeover, approaches shareholders directly 

Xerox has engaged in "constructive dialogue" with many of HP's largest shareholders CEO John Visentin told the Board on January 6

HP says open to exploring bid for Xerox

Xerox made the offer for HP, a company more than three times its size, on Nov. 5, after it resolved a dispute with its joint venture partner Fujifilm Holdings Corp that represented billions of dollars in potential liabilities.

Carl Icahn takes stake in HP, pushes for merger with Xerox: Report

Xerox made a roughly $33 billion cash-and-stock offer for HP, a company more than three times Xerox's size, Reuters reported last week. HP confirmed the bid, but has not disclosed the offer price.

Xerox in $33 billion bid for HP: Sources

HP confirmed the bid, but declined to disclose the offer price. The companies have explored a combination from time to time, and HP will consider Xerox's latest proposal "with an eye towards what is in the best interest of all our shareholders," HP said in a statement.

Xerox considers takeover offer for PC maker HP: Report

The US printer maker's board discussed the possibility on Tuesday, the newspaper said, citing people familiar with the matter.

Fujifilm wins appeal in battle with Xerox over scrapped merger

Xerox in May scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the US photocopier giant to new management.

Xerox's BPO arm Conduent to invest Rs 300 cr in Fintech Valley

state IT minister Nara Lokesh said that 2,000 of the jobs will be in the emerging fintech space.

2nd Smart Cities India 2016 Expo Attracts 325 Exhibitors from 40 Countries

Cities are under constant stress owing to the rapid rate at which they are growing and changing, whereas technological advancements and solutions in ...

Corporates collaborate to tap potential of women leaders

While India businesses are struggling to fill Board seats and cultivate leadership for the next phase of growth, a vast pool of talented women leaders are left underutilized.

Xerox Takes MPS Beyond Print

New tools released for cost effective document printing as well as high depth analytics that allow for better resource management across business lines.

Prabhudas Lilladher remains cautious on HCL Tech

Prabhudas Lilladher has come out with its report on Information Technology (IT) sector update. The research firm see increased competition in IS outsourcing to exert pressure to outdo their rivals in terms of costs and deliverables.

Xerox, McAfee Reveal New Protection Against Malware

Xerox and McAfee revealed new protection against malware and viruses with the first networked multifunction printer to use McAfee Embedded Control software.

Confidential Data Is At Risk Even With Policies In Place

More than half of workers don’t always follow or are unaware of their company’s security policies, says Xerox and McAfee survey.

Can Xerox finally convince investors of new look?

Wielding a plastic toll road pass during a recent speech in a Manhattan restaurant, Xerox Chief Executive Ursula Burns was on a mission to prove her company is not just about copy machines anymore.

HCL Tech sign 5 years partnership agreement with Xerox

HCL Technologies touched an intraday high of Rs 470.50 and an intraday low of Rs 460. At 09:33 hrs the share was quoting at Rs 460, down Rs 4.45, or 0.96%. The company with Xerox has signed 5 years partnership agreement with an undisclosed amount, reports CNBC-TV18.