IT firm

Tech Mahindra shares jump over 7% after Q1 earnings

Tech Mahindra shares jump over 7% after Q1 earnings

The scrip after making a positive opening further gained 7.43 per cent to Rs 413.90 on the BSE. On the NSE, it surged 7.26 percent to Rs 413.90.

Aug 01, 2017, 13:00 PM IST

Wipro announces Rs 11,000 crore share buyback

The company said it will disclose additional information on the terms and conditions of the buyback in due course in accordance with Buyback Regulations.

Jul 20, 2017, 18:51 PM IST
Infosys June quarter profit shines with key client wins

Infosys June quarter profit shines with key client wins

Infosys, India's second-biggest software services exporter, today reported better-than- expected 1.3 per cent rise in its June quarter net profit on winning key clients in North America and Europe and raised its annual US dollar revenue outlook.

Jul 14, 2017, 10:33 AM IST
Cognizant delays salary hikes, promotions by 3 months

Cognizant delays salary hikes, promotions by 3 months

US-based IT firm Cognizant has delayed salary hikes and promotions for employees till October amid an uncertain business environment.

Jun 29, 2017, 22:31 PM IST
Entered into Top 20 global tech services brands: Tech Mahindra

Entered into Top 20 global tech services brands: Tech Mahindra

As per an independent evaluation by a valuation and strategy consultancy Brand Finance, IT firm Tech Mahindra on Sunday said that it has entered into the Top-20 global tech services brands list (by brand value)

May 14, 2017, 18:05 PM IST
Wipro unveils new logo, looks to assert position

Wipro unveils new logo, looks to assert position

After almost two decades, India's third largest IT firm Wipro has revamped its logo as it looks to assert its position as a trusted digital transformation partner.

May 02, 2017, 20:45 PM IST
In Q1, more than 50% employees to be locals in the US: Wipro

In Q1, more than 50% employees to be locals in the US: Wipro

IT firm Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms.

Apr 25, 2017, 20:41 PM IST

Aircel picks Tech Mahindra for IoT services in India

No financial details were disclosed.

Oct 08, 2015, 19:12 PM IST

Mindtree Q1 net up 6.8%, acquires two firms for Rs 483 cr

Mid-sized IT firm Mindtree on Thursday posted 6.8 per cent jump in net profit to Rs 138.2 crore in the first quarter of the fiscal and expressed confidence of beating industry body Nasscom's revenue growth targets for the year.

Jul 16, 2015, 20:09 PM IST

NIIT Tech Q1 net profit up 35.5% at Rs 58.5 crore

IT firm NIIT Technologies today reported 35.5 per cent increase in net profit at Rs 58.5 crore in the April-June quarter of 2015.

Jul 14, 2015, 13:04 PM IST

Oracle FSS subsidiary asked to pay Rs 80.4 cr to vendor

The firm, which provides IT products to the financial services industry, said the arbitrator erred in his assessment and ruling and therefore it will defend its position, OFSS said in a filing to the BSE.

Jun 18, 2015, 13:23 PM IST

Satyam case: Ramalinga Raju, brother sentenced to 7 years in jail, Rs 5.5 crore fine

The 10 accused were convicted of criminal conspiracy and cheating among other offences in the scam dubbed as the country's biggest accounting fraud.

Apr 09, 2015, 16:40 PM IST

Wipro picks up stake in cloud app systems company

IT services major Wipro on Tuesday said it has acquired a minority stake in cloud applications systems integrator Drivestream for USD 5 million.

Mar 17, 2015, 20:52 PM IST

Infosys handles admission of 4-lakh British students

Early this year, UCAS appointed Infosys as partner to manage its shared admissions service on the day A-level results were announced.

Oct 27, 2014, 17:14 PM IST

We can once again become bellwether of IT industry: Sikka

Vishal Sikka has been tasked with putting the firm back on the growth trajectory at par with peers like TCS and HCL Technologies.

Oct 10, 2014, 14:57 PM IST

Attrition level should come down in next 2 quarters: Infosys

The Bangalore-based firm has witnessed steady exits, especially of senior level executives, in the last one and half years.

Oct 10, 2014, 14:42 PM IST

NIIT Ltd appoints Rahul Patwardhan as next CEO

The NIIT board also approved other changes to take place at the beginning of the next financial year at the senior leadership level.

Oct 06, 2014, 14:51 PM IST

Infosys Foundation to spend Rs 249 cr in fiscal 2015

Infosys Foundation, the philanthropic arm of India's second largest IT firm Infosys, will spend Rs 249 crore during fiscal 2015 through various initiatives aimed at promoting education, improving health and assisting rural development.

Sep 15, 2014, 22:52 PM IST

Wipro to offer Chesapeake's financial software suite

Chesapeake System Solutions is a premier provider of financial and treasury management software solutions.

Sep 15, 2014, 16:01 PM IST

SEBI files complaints against Satyam founder Raju and others

Sebi had earlier slapped a penalty of Rs 1,849 crore on the company, and banned it from market for 14 years.

Aug 07, 2014, 20:01 PM IST