Software services

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

India's fourth largest software services firm HCL Technologies on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over current trading price.

May 24, 2017, 15:50 PM IST
TCS says US financial clients delaying spending, shares tank

TCS says US financial clients delaying spending, shares tank

Terming the customer outlook as one marked by "abundant caution", the country's largest software services firm TCS has warned that its financial sector clients in the US are holding back on discretionary spends, leading to a "sequential loss of momentum".

Sep 08, 2016, 15:28 PM IST
TCS warns financial clients delaying spending, shares slide

TCS warns financial clients delaying spending, shares slide

Tata Consultancy Services Ltd (TCS) has warned that its financial sector clients in the United States are holding back on discretionary spending, sending its shares tumbling as much as 6.4 percent to a six-month low.

Sep 08, 2016, 12:16 PM IST
Infosys to create 250 new technology jobs in Ireland

Infosys to create 250 new technology jobs in Ireland

Country's second largest software services company Infosys Monday said it aims to create 250 new jobs over the next three years in Ireland to develop new technologies and support innovation in global financial institutions.

Dec 07, 2015, 20:56 PM IST
Hiring up 18% in September, outlook bullish

Hiring up 18% in September, outlook bullish

The Naukri Job Speak Index for September stood at 1,796, witnessing an upward movement of 18 percent compared with September last year.

Oct 12, 2015, 14:47 PM IST

Oracle launches new cloud editions for integration

Global software major Oracle has announced two new additions to its cloud platform for integration -- a comprehensive set of integration services that enable users to quickly get on to on-premises and cloud-based applications.

Sep 29, 2015, 17:52 PM IST
HCL Tech partners IBM for 'Internet of Things'

HCL Tech partners IBM for 'Internet of Things'

Country's fourth-largest software services firm HCL Technologies Wednesday said it will collaborate with global tech giant IBM to jointly develop solutions for Internet of Things (IoT).

Sep 16, 2015, 17:37 PM IST

Infosys announces Aikido enhanced service offerings

Country's second-largest software services firm Infosys Thursday announced new services -- Aikido -- that will focus on design thinking, platforms and knowledge-based IT as part of its efforts to return to industry-leading growth numbers.

Aug 20, 2015, 20:49 PM IST

HCL Tech Q4 net slips 2.8% to Rs 1,783 crore

HCL Technologies Monday posted 2.8 percent fall in consolidated net profit at Rs 1,783 crore for June 2015 quarter on account of higher selling, general and administrative (SG&A) expenses.

Aug 03, 2015, 17:04 PM IST

Wipro Q1 Net up 4% to Rs 2,188 cr; Q2 guidance at 1.5-3.5%

Country's third-largest software services firm, Wipro Thursday reported four percent rise in net profit at Rs 2,187.7 crore for the June quarter, broadly in line with street expectations.

Jul 23, 2015, 23:22 PM IST

Wipro Q1 net profit rises 4% to Rs 2,188 crore

Country's third-largest software services firm, Wipro Thursday posted four percent growth in its net profit at Rs 2,187.7 crore for the quarter ended June 30, 2015.

Jul 23, 2015, 18:26 PM IST

Wipro Q1 net profit up 4% to Rs 2,188 crore

India's third leading software service provider, Wipro Ltd on Thursday reported a net profit of 4 percent to Rs 2,188 crore for the first quarter ended June 30, 2015.

Jul 23, 2015, 17:33 PM IST

No single govt project where Infosys has not lost money: Narayana Murthy

Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said Monday.

Jul 20, 2015, 21:55 PM IST

HCL Tech to acquire assets of US-based Trygstad

Country's fourth largest software services firm HCL Technologies has said it will buy certain assets of Trygstad Technical Services in an all-cash deal.

Jul 13, 2015, 22:04 PM IST

Wipro to acquire Designit for 85 million euros

Wipro Thursday said it will acquire global strategic design firm Designit for 85 million euros (about Rs 595 crore), a move aimed at strengthening the digital services business of the country's third largest software services company.

Jul 09, 2015, 18:32 PM IST
Azim Premji gives half of his stake in Wipro for charity

Azim Premji gives half of his stake in Wipro for charity

IT czar Azim Premji has given away almost half of his stakeholding in Wipro, India's third largest exporter of software services, to philanthrophy.

Jul 08, 2015, 18:39 PM IST

Infosys grants 1.24 lakh restricted stock units to Vishal Sikka

Country's second largest software services firm Infosys has granted 1.24 lakh restricted stock units (RSUs) to its chief executive Vishal Sikka.

Jun 23, 2015, 21:45 PM IST

Wipro hikes employee wages by 7%

The country's third-largest software services firm Wipro on Wednesday said it has hiked wages of its employees by seven percent.

Jun 03, 2015, 16:02 PM IST

Infosys aims to go green by 2018

Country's second largest software services firm Infosys Monday said it aims to meet its entire electricity requirements from renewable sources by 2018.

May 18, 2015, 21:31 PM IST

January-March dollar revenue to take a hit of 280 bps: HCL Tech

Country's fourth largest software services firm HCL Technologies today said its dollar revenue for the March quarter will see an "adverse impact" of 2.8 per cent on strengthening of the greenback against global rivals.

Mar 31, 2015, 18:57 PM IST