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FREDERIC GIRON
Infosys Labs being modelled on the lines of legendary Xerox PARC and Bell LabsThe move is a part of a strategy that comes weeks after the organisational reshuffle that resulted in the wing being realigned to the compa...- Vishal Sikka's Infosys beats estimates, Q2 net up 28.6%Infy announced better-than-expected revenue and profit growth for the July-September quarter and cheered investors with a generous dividend...
- Vishal Sikka relies on SAP executives to put Infosys back on growth trackSince Sikka took charge of Infosys on August 1, Infosys has seen two senior SAP executives, Michael Reh and Navin Budhiraja, join the compa...
- Vishal Sikka ropes in former SAP colleague Michael Reh to revive Infosys' FinacleReh, who joined Infosys on October 1, was formerly EVP for business information & tech at SAP. He will continue to be based out of Hamburg,...
- Indian IT firms like Wipro, HCL Tech likely to bid for CSC if it splits operationsCSC, which reported nearly $13 billion (Rs 80,000 crore) in revenues last fiscal, has reportedly reached out to private equity groups.
- Vishal Sikka's innovation drive: Infosys to double investment in core banking product FinacleOver the last three years Finacle has seen revenues dip from $314 million in 2012 to $297 million by the end of March 2014, estimates Nelso...
- IT industry's revenue target of $300 billion by 2020 over-ambitious, say analystsIT’s ambition to hit $300 bn in revenue by 2020 could be over-ambitious, analysts believe as for one it entail an average growth rate, Nass...
- Difficult for IT sector to hit $300 billion in revenues by 2020: AnalystsThe core of the business is unlikely to look the same in the next seven years, and a focus on intellectual property could be the key to suc...
- Balakrishnan's exit: Infosys' potential CEO's exit follows raft of top-deck resignations since NRN's returnThe man regarded as potential successor to CEO SD Shibulal has joined the parade of senior executives leaving Infy, adding to the impressio...
- Chinese tech cos going private to compete against Indian IT giants in emerging marketsChinese IT companies now have a chance to regroup and better compete against the Indian IT services giants, especially in emerging markets ...
- Cognizant restores faith in IT as sales grow 3.7% in Q1Cognizant continued its scorching pace of revenue expansion, raising hopes of a revival in demand for India's $108-billion IT industry.
- Indian IT wary of signing maintenance contracts for fear of annoying partnersMany top cos are insisting that enterprise software from SAP and Oracle should be maintained by third parties, resulting in savings of up t...
- Indian IT companies like HCL Technologies, TCS pounce on HP dealsIn the cut-throat market for outsourcing deals, a wounded HP is fair game for Indian software companies desperate to win new contracts.
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