IT engineering companies on acquisition spree to boost their BFSI business playAmid rapid BFSI growth, IT engineering firms are acquiring companies to boost their software engineering capabilities. Recent acquisitions ...
14 Nov, 2024, 06.00 AM IST
ET Explainer: The platform opportunity for India’s IT/BPS servicesThe platform economy is expected to generate $35-45 billion revenue for the IT and business services sectors in FY2024.
08 Oct, 2023, 06.01 AM IST
Top 10 Website Development Companies in India 2023 – 202410 Jul, 2023, 03.50 PM IST
SaaS, digital firms’ projections indicate weak Q1 for Indian IT firmsAnalysts though expect the demand to revive in the second half of 2023-24 as deal pipelines remain strong and there would be additional bus...
07 Jun, 2023, 06.00 AM IST
Can multibagger Happiest Minds make investors happier? Nomura thinks soCalling it a play on the fast-growing digital space, Nomura values Happiest Minds at 32 times estimated FY23 EPS of Rs 14.90.
17 Feb, 2021, 05.01 PM IST
IT outsourcing firm GlobalLogic has crossed $550 million in revenues“We are on track to be a billion-dollar company where our organic growth will take us to 900 million plus (by 2020),” said Shashank Samant,...
20 Feb, 2018, 08.56 AM IST
Visa, re-skilling key challenges for IT industry: Economic surveyThe survey highlighted the increasing competition that India faces from new "digital only entrants", including newer companies like Globant...
11 Aug, 2017, 07.14 PM IST
5F World inks joint venture with ChesapeakeThe 5F World – Chesapeake joint venture will focus on three areas of business: digital transformation consulting, building a startup ecosys...
07 Aug, 2017, 12.28 AM IST
Globant from the other America is here to hire talentThe company entered India two years ago and has since doubled its headcount to about 500 with plans to take it up to 1,200.
03 Aug, 2017, 10.56 AM IST
IT services firm Globant sets up India operationsGlobant focuses on creating solutions around emerging technologies for brands that bring together engineering, design and innovation.
10 Oct, 2016, 12.36 PM IST
Globant travels to India to acquire Clarice TechnologiesGlobant, which focused on innovative products, has acquired Clarice Technologies in a deal estimated at $20-25 million.
19 May, 2015, 03.36 PM IST
Tata Consultancy Services not keen on Lufthansa systems buy on profit concernsTCS is not pursuing the acquisition of Lufthansa's IT arm on concerns of profitability & hassles of reaching an agreement with the airline'...
27 Dec, 2011, 05.03 PM IST
- TCS, Infosys, Wipro shy away from overseas buys
Some experts say Indian companies need to acquire large European companies and challenge bigger multinational rivals. UID opportunity to ru...
21 Apr, 2010, 11.54 AM IST
- Cash-rich IT majors find Deal St too risky to tread
IT cos feel acquisition of big overseas firms may dent profitability & double-digit growth rates.
21 Apr, 2010, 03.33 AM IST
TCS, Infy, Wipro losing contracts to emerging rivalsEmerging nearshore rivals are becoming attractive for top outsourcing customers seeking to work with local, specialised vendors.
05 Jan, 2010, 07.08 AM IST
- Tech companies find it difficult to crack deals in US, Europe
For India's top tech firms successful acquisitions are becoming harder, as high valuations & cultural barriers act as a bottleneck. Top BPO...
20 Nov, 2009, 06.12 AM IST
- Indian IT companies look to LatAm for buys
For Indian companies seeking to serve customers locally and from nearby locations, outsourcing companies in Brazil, Mexico and Argentina of...
29 Oct, 2009, 07.20 AM IST