IT Services

Global IT spending to hit $3.7 trillion in 2018

Global IT spending to hit $3.7 trillion in 2018

The Devices segment, Data Centre Systems and Communications Services are expected to grow by 5 per cent, 1.8 per cent and 2.2 respectively to reach $697 billion, $176 billion and $1,417 billion spending.

Oct 04, 2017, 14:23 PM IST
HCL Tech completes acquisition of UFS

HCL Tech completes acquisition of UFS

HCL had, in April this year, announced it will acquire Urban Fulfilment Services, a provider of mortgage business process and fulfilment services.

Aug 25, 2017, 22:28 PM IST
Cognizant June quarter net up 86%, revises annual revenue guidance

Cognizant June quarter net up 86%, revises annual revenue guidance

For the third quarter, it expects revenues to be in the range of USD 3.73-3.78 billion.

Aug 03, 2017, 17:15 PM IST
Wipro Q1 results: IT major beats consolidated profit estimates

Wipro Q1 results: IT major beats consolidated profit estimates

Consolidated profit rose to 20.83 billion rupees ($323.35 million) for the three months to June 30, Wipro said in a statement.

Jul 20, 2017, 17:28 PM IST

Trump's policies could have adverse impact on business: Wipro

IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.

Jun 09, 2017, 15:11 PM IST
India lobbies Trump administration to avert visa threat

India lobbies Trump administration to avert visa threat

India has stepped up its lobbying effort against moves in the U. S. Congress to impose curbs on visas for skilled workers that threaten the South Asian nation's tech sector, which employs more than 3.5 million people.

Feb 24, 2017, 19:17 PM IST
Indian IT services provider TCS ranked 58th most valuable US brand

Indian IT services provider TCS ranked 58th most valuable US brand

Tata Consultancy Services, a leading global IT services, consulting and business solutions firm, today announced its ranking as the 58th most valuable US brand in an annual survey by a top brand valuation company.

Aug 09, 2016, 19:31 PM IST
Volkswagen starts IT arm to support global brands from Pune

Volkswagen starts IT arm to support global brands from Pune

German automaker Volkswagen on Thursday said it has started an in-house arm in Pune to serve the information technology-related needs of all its global brands.

Aug 04, 2016, 23:15 PM IST
'Telemedicine market may touch Rs 200 crore-mark by 2020'

'Telemedicine market may touch Rs 200 crore-mark by 2020'

The country's telemedicine sector is expected to double to USD 32 million (about Rs 210 crore) by 2020, industry body Assocham has said.

Jun 05, 2016, 10:32 AM IST
Infosys Q4 net up 16% at Rs 3,597 crore; sees strong FY17 growth

Infosys Q4 net up 16% at Rs 3,597 crore; sees strong FY17 growth

Infosys Ltd, India's second- largest IT services firm, on Friday reported better-than-expected 16 percent rise in the fourth-quarter net profit and forecast strong revenue growth for the current fiscal on new client additions.

Apr 15, 2016, 16:18 PM IST
TCS recognised as 'Business Superbrand' in UK

TCS recognised as 'Business Superbrand' in UK

The Superbrands status has been awarded following the most recent evaluation of the long-running annual survey, which has been identifying UK's leading business-to-business brands since 2001, a statement issued by the company said Monday.

Feb 22, 2016, 18:07 PM IST
TCS rated world's most powerful brand in IT Services: Report

TCS rated world's most powerful brand in IT Services: Report

India's top multinational IT company Tata Consultancy Services has been rated as the world's most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said Wednesday.

Feb 03, 2016, 17:15 PM IST

TCS recognised as global leader in card management

Tata Consultancy Services, India's largest IT services firm, has been recognised as a global leader in card management and transaction processing by a leading research company.

Jul 17, 2015, 21:19 PM IST

Mphasis to transfer a portion of domestic business to KDMSL

IT services provider Mphasis today said it will transfer a portion of its domestic business to Karvy Data Management Services for Rs 2.75 crore.

Jul 10, 2015, 15:07 PM IST

Infosys hopeful of meeting $20-bn revenue target by 2020: Sikka

Citing opportunities in the wake of global digital transformation, Sikka said Infosys has the potential to become a leading IT services company in the world and a bellwether once again.

May 27, 2015, 17:32 PM IST

Funny Software to list on BSE SME platform

Delhi-based Funny Software Ltd, which is into offering IT services, consulting and business solutions, has entered the capital market with a public issue of 32,80,000 equity shares of Rs 10 each at a fixed price of Rs 14 each aggregating Rs 4.59 crore.

May 18, 2015, 09:54 AM IST

Capgemini to buy IGATE Corp in $4-billion cash deal

French IT services company Capgemini will buy IGATE Corp -- a US-based company with a large presence in India -- for USD 4 billion in cash to create an entity with a combined revenue of USD 14 billion to take on rivals like IBM.

Apr 27, 2015, 11:49 AM IST

UST Global to expand India workforce

IT services firm UST Global today said it will hire 5,000 people in India over the next three years as part of its expansion plans.

Apr 23, 2015, 15:58 PM IST

Wipro ready to grab bigger share of $8 trn IT spend: Senapaty

As he retired from India's third largest IT services firm today, Wipro CFO Suresh Senapaty said the company is ready to grab a larger share of USD 8 trillion global IT spending that will rise further.

Mar 31, 2015, 22:52 PM IST

Indian IT firms eye robotics, driverless cars for next round of growth

After decades of low-margin work like server maintenance, India`s information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients` needs.

Feb 20, 2015, 14:23 PM IST