Tech Mahindra Q4 net profit declines 7.4%

Anand J

Software services major Tech Mahindra has reported a 7.4% drop in net profit for the March 2019 quarter to Rs 1,132 crore from ....

21 May, 2019

L&T picks up additional stake in Mindtree, open offer may begin in 10-12 days

Anand J

Engineering major Larsen and Toubro (L&T) has been slowly increasing its stake in software services firm Mindtree Ltd. The ....

21 May, 2019
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How Uber’s India tech centres have become a breeding ground for innovation

Anand J

US-headquartered Uber will soon make its cab-hailing app available in Indian languages amid efforts to rack up another billion ....

21 May, 2019

Infosys board for re-appointment of chairman Nilekani; CEO paid Rs 24.7 crore for 2018-19

Anand J

Software services firm Infosys’ board has recommended promoter and co-founder Nandan Nilekani's re-appointment as chairman, ....

20 May, 2019

TCS chief exec’s pay package grows 28% in 2018-19

Anand J

Software services firm Tata Consultancy Services (TCS) chief executive officer and managing director (CEO and MD) Rajesh Gopinathan ....

17 May, 2019

L&T picks up additional stake in Mindtree

Anand J

Engineering major Larsen and Toubro (L&T) has increased its stake in software services firm Mindtree Ltd to 26.48% from 25.94%. The ....

17 May, 2019
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Insourcing in India gains speed, reaches $28.3 bn market size: Nasscom-Zinnov study

Anand J

Global capability centres (GCCs) run by large multinationals in India have generated $28.3 billion in value for the financial ....

16 May, 2019

French firm Atos rolls out identity and management solution for cloud and local servers

Anand J

French software services firm Atos SE has launched an identity provider and management system for clouds and on premises environments ....

16 May, 2019

Amid global scrutiny, Chinese firm Huawei forays into automated database management

Anand J

Amid growing international scrutiny over its main telecom equipment business, Chinese firm Huawei has launched an artificial intelligence-backed ....

15 May, 2019

Twitter discloses bug that collects location data inadvertently

Anand J

Microblogging platform Twitter has apologised to its users on Apple's iOS platform for accidentally collecting and sharing ....

15 May, 2019
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Digitisation to create jobs and not lay off workers: L&T's HR exec Sriram

Anand J

In late March, even as Larsen & Toubro (L&T) was plotting the launch of a hostile takeover bid for software services firm ....

15 May, 2019

Tech giant IBM tells around 300 India employees to upskill or face sack

Anand J

Tech giant IBM has put around 300 India employees on notice that they will face layoffs for failing to reskill and upskill, a ....

14 May, 2019

Cloud IaaS market to triple to $150 bn by 2023: Frost & Sullivan report

Anand J

Strong demand for cloud Infrastructure-as-a-Service (IaaS) is likely to more than triple the size of this market to $150 billion ....

14 May, 2019

GlobalLogic, Nasscom host hackathon to promote AI-led innovation

Anand J

Software-based product engineering firm GlobalLogic has hosted a hackathon in partnership with IT industry lobby Nasscom for promoting ....

13 May, 2019

Enterprise data storage firm NetApp rolls out offerings for hybrid, multi-cloud environments

Anand J

Enterprise data storage firm NetApp has announced Ontap 9.6 and new AFF A320 storage system platforms for hybrid and multi-cloud ....

13 May, 2019

L&T’s open offer for Mindtree to be delayed due to SEBI queries

Anand J

Engineering major Larsen and Toubro’s (L&T) open offer for software services major Mindtree has been delayed over queries ....

13 May, 2019

Nutanix co-founder’s data management firm Cohesity acquires Imanis

Anand J

Data management company Cohesity, founded by Mohit Aron, said it has bought for an undisclosed sum California-based Imanis Data, ....

10 May, 2019

L&T acquires another 2.3% stake in software services firm Mindtree

Anand J

Engineering and construction giant Larsen & Toubro (L&T) has picked up another 2.3% stake in software services firm Mindtree, ....

9 May, 2019

Intel opens 3 labs across globe to test and optimise laptop parts

Anand J

Semiconductor giant Intel Corp. has expanded its Project Athena Open Labs, which was launched this year and originally designed ....

9 May, 2019

Reskilling at scale imperative for adoption of AI, analytics: Microsoft's Maheshwari

Anand J

Adoption of artificial intelligence (AI) and data analytics depends on reskilling at scale, which is a prerequisite for the next ....

9 May, 2019

Customer experience firm Alorica opens innovation lab and back office centre in India

Anand J

Customer experience solutions firm Alorica has set up a business process management operations centre and an innovation lab in ....

8 May, 2019