HCL Tech quarterly profit up 32%, shares fall

For most IT services companies, analysts and investors track the dollar sales numbers as clients oversees get billed in that currency. 

HCL Tech appoints Matt Preschern as chief marketing officer

IT services provider HCL Technologies on Wednesday appointed Matt Preschern as executive vice president & chief marketing officer, a company statement here said.

Cognizant to buy IT firm TriZetto Corporation for $2.7 bn

The acquisition will create an entity with more than USD 3 billion in combined healthcare revenue, serving around 245,000 healthcare providers (hospitals, clinics, etc) and about 350 payers (health insurers).

TCS partners with Microsoft for product development

The announcement was made today at the annual Microsoft Dynamics Convergence Conference in Georgia, Atlanta (the US), TCS said in a statement.

TCS top IT service provider in Europe, Middle East

Global software major Tata Consulting Services (TCS) has been ranked number one IT service provider for the manufacturing industry in Europe, Middle East and Africa (EMEA) by leading analyst firm International Data Corporation (IDC).

Sebi to strengthen surveillance system; eyes 24/7 monitoring

With an aim to deploy latest technology and know-how to tackle ever-changing nature of threats to investor interest, Sebi is looking to overhaul its market surveillance and network monitoring systems.