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SAGAR RASTOGI
Bar Council of India allows entry of foreign lawyers and law firms in IndiaThis is a significant development since now foreign law firms will be able to establish their offices in India to advise clients on transac...- Haridwar Dharma Sansad case: SC directs hate speech accused to surrender by Sept 2A bench of Justices Ajay Rastogi and B V Nagarathna refused to extend the bail granted earlier on medical grounds, and said it will conside...
- To counter IT slowdown, software for masses is Vishal Sikka’s remedy for InfosysInfosys is targeting tens of thousands of clients with mass coding plans to break the downward spiral of prices in its core business.
- Mindtree to move to quarterly rolling plans as uncertainty grips Indian ITMindtree would honour campus commitments but that its lateral hiring would likely be made just-in-time to meet growth needs.
- Infosys will fine-tune M&A strategy in coming months: COO UB Pravin RaoThe implication, although unsaid, is that the size of acquisitions that Infosys makes could be bigger. And by buying domain expertise and g...
- TechM wants to automate ITThe company also has targets for automating jobs in its business process outsourcing and enginee ring services business.
- Poor Q1, Brexit may dent growth target of Indian IT companiesInfosys has already lowered its full year revenue forecast to 10.5-12% in constant currency terms, lower than previously estimated 11.5-13....
- Ambit says TechMahindra to be most insulated from Brexit turmoilTech Mahindra will be hurt less because it has less exposure to BFSI. Even though it has 10% exposure to the GBP, the INR is likely to depr...
- Infosys falls most in 9 months after warnings of bumpsSandeep Muthangi, research analyst at IIFL held a similar view, and added that the headwinds are not because of pricing but due to seasonal...
- Tamil Nadu’s decision to allow IT workers to form unions unlikely to hurt industry in short termTamil Nadu’s principal secretary for labour and employment Kumar Jayant clarified that the IT sector is covered by the Industrial Disputes ...
- Shares of IT major Infosys likely to touch Rs 1,400 in 12 monthsApril month options data for Infosys shows concentration of open interest at Rs 1,200-1,300 strikes among call options.
- TCS aims for larger digital share with robotics, 3D print prosthetics“Being digital involves demonstration. All you see here physically is just visualization of our digital solutions," N Chandrasekaran.
- Pininfarina acquisition: Italian buy may hurt Tech Mahindra margins; ride ahead smoothAnalysts, though, see potential in the acquisition even as Tech Mahindra’s stock closed down 4% on the BSE on Tuesday, the day after the de...
- Investments in startups by Infosys, Wipro, others not a sound strategy: AnalystsInfosys, Wipro, Tech Mahindra and Persistent Systems have set up venture capital arms to enter the world of startups in hope of finding inn...
- Tata Consultancy Services expects degrowth in its energy sectors due to fall in oil pricesFalling oil prices have led drillers and oil services companies to clamp down on their spending, hurting Indian IT providers.
- IT sector to create 13% less jobs in FY16, says Nasscom; companies like Infosys, Capgemini, others to hire fewer peopleNasscom estimates the sector to create 30,000 less jobs in fiscal 2016 compared with this year, as new technologies make many roles redunda...
- TCS, Cognizant widen lead over India's IT industry, increase strength in banking and financial verticalsThird-placed Infosys added over $1 billion in 2010 and 2011, but dropped to much below $1 billion in next three years.
- Tech Mahindra to acquire US network services provider Lightbridge Communications for $240 millionThe acquisition wil take Tech Mahindra's total workforce to 1 lakh. The transaction is expected to close by Q4 of Tech Mahindra’s 2015 fisc...
- Credit Suisse cuts Infosys price target by 7% to Rs 2,500/shareCredit Suisse has cut its price target for Infosys to Rs 2,500 from Rs 2,700, while maintaining its neutral rating as it cut 2012-13 and 20...
- Restaurant market emerges as hot investment targetAs more Indians with higher disposable income take to dining out, the hitherto-fragmented restaurant market, estimated at over Rs 1 lakh cr...
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