Infosys delivers growth in Q1 but margins decline

Anand J

Software services and consultancy major Infosys Ltd reported better-than-expected revenue growth for the first quarter ended June ....

15 July, 2019

GlobalLogic opens new Indian headquarters in Noida

Vignesh Ananthraj

California-based software company GlobalLogic has announced the opening of its new Indian headquarters in Noida. The facility ....

10 July, 2019
ADVERTISEMENT

TCS Q1 profit up 11% on growth in IoT, cybersecurity

Vignesh Ananthraj

Indian IT services major Tata Consultancy Services (TCS) today reported a 10.8% increase in net profit to Rs 8,131 crore for the ....

9 July, 2019

HCL Tech deploys insurance platform, document manager for American insurer NLC

Anirban Ghoshal

Indian information technology (IT) firm HCL Technologies has rolled out a smart insurance platform and a document management system ....

9 July, 2019

L&T chief says Mindtree will remain independent post recent acquisition

Vignesh Ananthraj

Larsen and Toubro (L&T) chief executive and managing director SN Subrahmanyan has said that recently acquired information ....

9 July, 2019

Mindtree founders Ravanan, Natarajan and Parthasarathy resign from company

Vignesh Ananthraj

Krishnakumar Natarajan, NS Parthasarathy and Rostow Ravanan have resigned from Mindtree Ltd within days of Larsen & Toubro ....

5 July, 2019
ADVERTISEMENT

Australian software solutions provider Atlassian plans to set up R&D hub in Bengaluru

Om Athavale

Australia-based software solutions provider Atlassian Corporation Plc announced today that it has opened a permanent office in ....

3 July, 2019

L&T pays Mindtree shareholders who took part in open offer

Anand J

Engineering conglomerate Larsen & Toubro (L&T) has paid all Mindtree investors whose shares were accepted in the open ....

3 July, 2019

Mindtree board drops plan to buy back shares

Anirban Ghoshal

Bengaluru-based IT services firm Mindtree Ltd has dropped a plan to buy back shares in the face of a takeover bid from engineering ....

26 March, 2019

Mindtree’s Natarajan on opposing L&T’s bid and how the IT services market is changing

Anand J & Anirban Ghoshal

Last week, Mumbai-based engineering giant Larsen & Toubro Ltd (L&T) made a hostile bid to acquire Bengaluru-based software ....

26 March, 2019
ADVERTISEMENT

India using data much better than global counterparts: Dell EMC index

Vignesh Ananthraj

India has produced much less data than its global counterparts in the past year but it is one of the leaders at using this data ....

26 March, 2019

Tech Mahindra reskills staff to get half its revenue from digital business

Vignesh Ananthraj

Tech Mahindra Ltd said it has upskilled nearly 70% of its IT workforce in digital and future skills as par of measures of get ....

20 March, 2019

Xerox Corp. signs new contract with HCL Technologies

Shweta Sharma

HCL Technologies has entered into a new contract with Xerox Corp. worth $1.3 billion (Rs 8,982 crore at current exchange rate). Under ....

20 March, 2019

Digital technologies to drive Indian IT as outsourcing faces price pressures: ICRA

Anand J

IT industry lobby Nasscom may have refused to predict growth for the upcoming fiscal year for the first time, but rating agency ....

19 March, 2019

IIT-Roorkee ties up with ISRO to conduct research in space technology

Vijayakumar Pitchiah

The Indian Institute of Technology, Roorkee has signed a memorandum of understanding with the country’s premier space agency, ....

15 March, 2019

How Maersk is relying on a bunch of Indian enterprise tech startups for digital push

Anand J

Maersk, the world's biggest container shipping company, handles vendor invoices worth more than $20 billion, often running ....

15 March, 2019

IBM launches initiative to recognise open-source talent in India

Vignesh Ananthraj

Technology giant IBM on Thursday announced a programme for Indian developers that aims to recognise talent in the open-source ....

14 March, 2019

Infosys to open digital innovation centre in Romania

Anand J

Infosys Ltd, India's second-largest software services exporter, will open a digital innovation centre in Romania's capital ....

14 March, 2019

HSBC revises Zomato valuation to $3.6 bn on promise of food delivery business

Kavya Kothiyal

Nearly three years after Zomato had its valuation marked down drastically by HSBC Global Research, the restaurant discovery and ....

13 March, 2019

Array Networks to set up research centre in Delhi

Vignesh Ananthraj

Array Networks, Inc., a networking hardware company, will invest $20 million (Rs 139 crore at current exchange rate) in setting ....

13 March, 2019

Twitter faces more heat in India; Govt plans new framework for angel investors

Payal Ganguly

The Indian government has cautioned Twitter that its top executives could face jail time and financial penalties if the microblogging ....

13 March, 2019