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mfine appoints Anitha Venkat as a Senior DirectorThe company recently raised $4.2 million in Series A funding from Prime Venture Partners, Stellaris Venture Partners and healthcare entrepr...
Mfine raises $4.2 million from Prime Venture Partners, othersThe company is also working towards expanding to cities like Pune, Delhi-Gurugram, Hyderabad and Chennai this year, taking the number of ho...
Infosys CEO Salil Parekh makes first top-level rejigSalil Parekh will now have 3 more direct reportees in a shift to focus on services
CSC ties with HP Enterprises' services to create new IT powerhouseThe new entity is expected to have $26 billion in combined revenues -that includes CSC's $8 billion and HP Enterprise's $18 billion service...
Music streaming service Saavn close to raising up to Rs 240 croreSaavn is close to raising $30-40 million (Rs 180-240 crore) in a deal that will likely be led by Hong Kong-based hedge fund Steadview Capit...
IT companies like Infosys, TCS see revival in US investment bank technology spendIndian IT companies are benefiting as investment banks begin to increase spending on managing customer relationships efficiently & bolsteri...
WeChat focuses on 2G customers to lead IM segmentChinese instant messaging app is putting money into R&D to help it run on all Indian 2G networks.
- Infosys eyes UK government contracts to close in on TCS, Wipro
Infosys is evaluating options to tap into UK’s multi-billion govt outsourcing market, as it seeks to compete better with larger domestic ri...
- Indian IT to battle IBM, Accenture, Hewitt over $12 bn deals
Indian technology vendors will lock horns with IBM, Accenture and Hewitt to gain a share of $12.2 bn outsourcing contracts.
- ABN to renew $1 bn IT outsourcing deals
The original contract signed by ABN Amro in 2005 was worth $2 bn, spread over 5 yrs, and had five vendors - TCS, Infosys, Patni, IBM and Ac...
- iPhone faces rising challenge from Android handsets: Analyst
The iPhone 4 is expected to face much stiffer competition than its predecessors from handsets using Google's Android platform. Jobs defends...
- UK may 'share' $3 bn IT jobs with India
For India's outsourcing cos, shared service centre opportunity could be worth $2-$3 bn over next few years, experts said. New mantra: Young...
- IT cos may gain from UK's shared service centre model
For India’s outsourcing and back office firms including EXL Services, TCS and others, shared service centre opportunity could be worth betw...
Infosys eyes $250 mn BP deal as BT revenues shrinkAt a time when revenues from its top customer BT are dwindling, Infosys is chasing new contracts worth $100-250 mn from BP.
- BPOs thrive as firms take to outsourcing in trying times
With the global economic slowdown beginning to bite, clients are now looking towards their outsourcing vendors to cut costs. IT megavendors
- Lack of diversification may hit domestic outsourcing cos
Over the years, the top Indian outsourcing majors have successfully diversified the range of services they offer and their geographical rea...
- Global SMS revenues likely to hit $165 bn by 2011
Revenues from mobile messaging are set to grow to $165 billion by 2011 across the world, driven by strong growth in India and China. Hot ha...
- World's mobile phone industry gathers in Barcelona
The most established names in telecom, Internet and media gathered in Barcelona on Monday for the Mobile World Congress, one of the world's...
- India's share in UK's ITeS market trebles
The share of the Indian IT services provider in the UK IT/ITeS market is on the high growth mode having tripled its revenue in the last fou...
- India's share in UK's ITeS market trebles
The share of the Indian IT services provider in the UK’s IT/ITeS market is on the high growth mode having tripled its revenue in the last f...