India's IT sector could feel pain from tightening of purse strings by banking, financial clients

Vignesh Ananthraj

This week, a Kotak Institutional Equities’ analysis of earnings calls by European and US companies served as a grim reminder ....

10 June, 2019

Panasonic aims to be tech solutions firm; Cisco expects India to clock 10% of revenue: Reports

Vignesh Ananthraj

Consumer electronics good maker Panasonic India is looking to transform itself into a technology solutions company in the near ....

3 June, 2019

Cognizant, Persistent lose top execs after outsiders join as CEOs: Reports

Tanmay Tiwary

Debashis Chatterjee is said to be leaving Cognizant Technology Solutions Corp. as executive vice-president and president of global ....

14 May, 2019

End-users’ spend on IT in India to grow 9.8% in 2019: Gartner

Vignesh Ananthraj

End-users’ expenditure on information technology (IT) services in India is on course to hit the $15 billion (Rs 1.04 trillion ....

6 May, 2019

TCS partners insurer Ageas UK to overhaul its infotech infrastructure

Vignesh Ananthraj

Software services exporter Tata Consultancy Services (TCS) has entered into an agreement with Ageas UK, one of the United Kingdom’s ....

12 April, 2019

Aided by frontier tech, firms to accelerate into next phase of digital transformation

Team TC

As enterprises across the board seek to digitally transform themselves to scale up operations more efficiently, frontier technologies ....

25 March, 2019

Oracle to start its first India data centre later this year

Anirban Ghoshal

IT services firm Oracle, which is bullish on cloud adoption in India, will soon launch its first data centre in the country later ....

22 January, 2019

Facebook engages Indian IT firms to stop fake news on its platform

Anirban Ghoshal

Mark Zuckerberg-led social network Facebook has started outsourcing  processes such as content moderation and analytics to ....

31 December, 2018

Why India’s IT firms should huddle up for the future

Debjani Ghosh

At the National Association of Software and Service Companies (Nasscom), members unilaterally support efforts towards addressing ....

26 December, 2018

Digital business is forcing IT infra services beyond edge computing: Gartner

Shweta Sharma

Digital business initiatives are forcing infotech infrastructure service providers to expand their offerings beyond edge computing ....

28 November, 2018

Indian firms leading IT transformation in Asia: Dell EMC report

Shweta Sharma

Indian organisations are leading infotech (IT) transformation in Asia, with 17% of them having undergone full metamorphosis – ....

28 August, 2018

HCL Technologies to develop blockchain solutions for transport industry

Anirban Ghoshal

Indian IT services firm HCL Technologies on Tuesday said it is joining the Blockchain in Transport Alliance (BiTA), a group of ....

22 May, 2018

IT in India: Reforms and improving economy spark brighter outlook

Gaurav Sharma

Combine new business friendly government policies with increasing domestic demand from consumers and businesses alike and 2013 ....

4 March, 2013

Indian IT cos' sales & profits up, valuations down

Gaurav Sharma

India's IT firms have increasing profits, yet declining valuations. While this seems counter intuitive, it shows that company ....

27 August, 2012

In Bangalore, A Remake To Avoid Being 'Bangalored'


Rajesh Rao is among a handful of Indian entrepreneurs who may prevent the country's software industry from getting "Bangalored". The ....

4 April, 2012

Japanese IT Firm Fujitsu To Set Up Delivery Centre In Bangalore

Bhawna Gupta

Tokyo-headquartered IT company Fujitsu Ltd will expand its presence in India by opening a new service delivery center in Bangalore. ....

18 November, 2011

Wipro Q2 Profit Beats Forecast


Wipro Ltd, India's No. 3 software services exporter, on Monday beat street estimates with a 1 per cent increase in quarterly profit ....

31 October, 2011

Prism Informatics Buys 18% In Former Promoter Idhasoft; On Way To Majority Stake

Team TC

Software development and consulting company Prism Informatics has acquired 18 per cent stake in privately held IT consulting firm ....

22 September, 2011

India's Green IT & Sustainability Spend To Touch $70B By 2015: Gartner

Anil Das

India's information technology expenditure on green initiatives will double from $35 billion in 2010 to $70 billion in 2015, according ....

19 September, 2011

Indian IT Sector Revenues Up 19% To Rs 438, 296Cr: DQ

Bhawna Gupta

The Indian IT sector has recorded 19 per cent growth in FY 2011 with revenue of Rs 438,296 crore. According to an annual research ....

12 September, 2011

Top 200 Indian IT Companies Clock $84B In 2010-11: Dataquest

Anil Das

The top 200 Indian information technology companies logged combined revenues of $84 billion (Rs 384,250 crore) to achieve an average ....

2 August, 2011