The IT sector has been under a lot of fire recently, with the BFSI sector expected to be the epicenter of the chaos. However, TCS MD & CEO N Chandrasekaran says that most of the negative news has been factored in by clients.
The technology sector was the worst hit in trade today, but IT majors are not ready to press the panic button just yet.
Employees' State Insurance Corporation's (ESIC) insurance portal is up and running, after Wipro managed to sort out all technical problems.
Anand Sankaran, senior vice president and business head of India, Middle East and Africa business at Wipro Infotech, said that Wipro Infotech, as an independent business unit, will continue to be intact and customers should not worry about the management changes.
Nucleus Software has finalized a partnership with Turkey’s information and communication technology services provider Gantek to expand presence in Turkey. Vishnu R Dusad, MD, Nucleus Software in an interview with CNBC-TV18 elaborated on the same.
Kawaljeet Saluja, Analyst, Kotak Securities and Sudin Apte, CEO and Principle Analyst, Offshore Insights, in an interview on CNBC-TV18 spoke about Infosys and the impact it had on the market on Friday.
In an interview with CNBC-TV18, Suresh Senapaty, CFO of Wipro said, "We are very happy with this acquisition because we think it is in line with our strategy of filling in gaps, complementarity or building critical mass in some of these areas that we are focused on."
In an interview with CNBC-TV18’s Kritika Saxena, Shiv Nadar from HCL Tech said that they would be go ahead with restructuring if the clients’ need demands it and how do they consider it as an opportunity to adapt.
CNBC-TV18's Menaka Doshi caught up with Azim Premji of Wipro at the venue to find out his views surrounding some of the global concerns.