Aircel picks Tech Mahindra for IoT services in India

No financial details were disclosed.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Wipro to offer Chesapeake's financial software suite

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

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.

Infosys to focus on innovation, new solutions: Sikka

Sikka, whose appointment as CEO and MD of Infosys was approved by shareholders, also said he would continue and grow the culture and the processes at the company, which was set up in 1981.

Infosys seeks revival with more tech investments, staff

India`s second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

Infosys to contribute Rs 240 cr towards CSR activities

India's second largest IT firm Infosys today said it will contribute Rs 240 crore this fiscal to its philanthropic arm, Infosys Foundation, for funding corporate social responsibility (CSR) activities.

Attrition woes continue at Infosys; inches up to 19.5% in Q1

Infosys has one of the highest attrition rates in the Indian IT industry at 19.5 percent, a trend that the software firm terms "worrisome".

Infosys becomes first IT firm to file sustainability report

Reporting as per G4 guidelines demonstrates the company`s commitment to advocate the adoption of integrated reporting practices globally.

Rest of World revenue to grow over 22% this fiscal: Tech Mahindra

The country's fifth largest software services firm saw 24 percent of its total revenues of Rs 5,058.1 crore coming from the RoW region in the fourth quarter.

New CEO Sikka to revive Infosys with tech, boardroom savvy

"With age on his side, Sikka should be able to make long-term strategies and goals, which is a good thing for Infosys. It brings stability," said Ankita Somani, Mumbai-based analyst at MSFL Research Institutional Business Group.