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BUSY INFOTECH REVENUE
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...- Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
- ITC Infotech and InsureMO partner to bring AI-driven insurance modernisation to West Asia, Africa, and IndiaAlliance combines ITC Infotech's agentic AI framework with InsureMO's over 2,500 insurance APIs, enabling carriers to deploy intelligent au...
- IndiaMart Q3 Results: Cons PAT jumps 56% YoY to Rs 188 crore, revenue up 13%IndiaMART InterMesh posted strong December quarter results with profit up 56% year on year to Rs 188 crore, revenue rising 13%, robust coll...
- Dixon Technologies gets CCI nod to acquire stake in Aditya InfotechThe Competition Commission of India has approved Dixon Technologies' acquisition of a stake in Aditya Infotech Ltd. Dixon will acquire a 6....
- IT slumps, but no need to get glumResults declared by large Indian IT companies have filtered through to investors who brought a stock market rally to a pause last week. Bro...
- L&T Infotech announces merger with MindtreeThe deal involves the no cash consideration. Larsen & Toubro Infotech said it would issue and allot 73 fully paid up equity shares of face ...
- HCL Infosystems Q3 results: Reports net loss of Rs 34 cr; company to sell HCL Infotech to Novezo ConsultingThe company's Board of Directors has also approved the sale of its wholly-owned subsidiary HCL Infotech Ltd to Novezo Consulting at a purch...
- L&T Infotech’s Q2 revenue grows 3.7%, digital contributes 25%In rupee terms, revenue rose 3% to Rs 1602 crore. However, operating margins contracted 87 basis points sequentially and net income fell 1....
- Sundaram Infotech Solutions bags 3 ERP dealsAs part of the deal, the company would carry out an IT platform study both in the existing software application space as well as in the mob...
- Larsen & Toubro infotech sales to top $1 billion by year-end in revenueLarsen & Toubro's infotech subsidiary will close the year at over a billion dollars in revenue.
- Infotech Enterprises eyes control of JV with Pratt & WhitneyIndian mid-tier IT services company, tracking $400 mn revenue, wants to broadbase the aerospace business which is mostly dependent on the U...
- 3i Infotech hawks US unit to Cerberus firmIT firm 3i Infotech has agreed to sell its US-based global billing and payments unit to an affiliate of private equity player, Cerberus Cap...
- 3i Infotech: Sale of low-margin biz to help boost profitabilityThe sale of low-growth, low-margin payment processing business would enhance 3i Infotech’s focus on its core IT products and services busin...
- L&T looking to exit laggard infotech businessLarsen & Toubro may sell stake in its infotech subsidiary after failing to turn it into a bigger business by buying out Satyam Computer Ser...
- 3i Infotech bets on emerging markets to be on fast trackThe mid-tier company's topline growth has been in the lower single digits for the last five quarters.
- Infotech Enterprises: Betting on local clients for growthThe scrip of Hyderabad-headquartered Infotech Enterprises lost over 6% during Wednesday’s trade.
- 3i Infotech to set up BPO subsidiary3i Infotech, in which the ICICI group holds 39%, has announced a wholly-owned subsidiary for domestic BPO in effect making it a competitor ...
- 3i Infotech buys US co Regulus for $80 mn3i Infotech on Tuesday said it has acquired Regulus Group, a US-based payment and document processing company, for nearly $100 million.
- Mindteck shares rise 5% on US acquisitionMindteck shares rose nearly 5 per cent after the software firm acquired US-based Infotech Consulting for $21 million.
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