Atos-Syntel deal may spark mid-tier IT buyoutsOn Monday, Atos announced it was buying Syntel to expand its scale in North America, especially among banking and financial services client...
Atos buys Syntel for $3.4 billion to expand North America footprintBoth Atos and Syntel have significant presence in India.Syntel, which has 23,000 engineers in 30 countries, has over 18,000 staff based in ...
Syntel Telecom set to buy Enkay TechnologiesArvind has signed a definitive agreement to buy Enkay, which is the market leader in India in the unified communication segment.
Mphasis appoints former Syntel head Nitin Rakesh as CEO replacing Ganesh AyyarBlackstone owns over 60 per cent of Mphasis, after it bought out Hewlett-Packard’s stake in the company last year. Rakesh stepped down as C...
Genpact eyes Syntel acquisitionGenpact started as a BPO firm, but in recent years has been trying to add IT muscle; the buyout of Nasdaq-listed firm Syntel is another ins...
Syntel Q1 Net declines 31% at $40mn; cuts FY15 revenue outlookSyntel today reported a 31% decline in its net profit at $40 million for the first quarter ended March 31, 2015 on account of sluggish busi...
Software company Syntel's net up 7% at $70.7 millionQuarter-on-quarter, its net profit grew 15 per cent from $61.6 million in the July-September period, while revenue was up by 3 per cent fro...
Syntel's Q3 profit up 4% at $61.6 millionSyntel's revenue for the July-September quarter this year rose 9 per cent to $ 228.3 million, over $ 209.9 million in Q3 of last year.
Syntel Q2 Net up 24.8 pc at $59.3 mnIT services firm Syntel today reported a 24.8 per cent rise in net profit at USD 59.3 million for the second quarter ended June 30, 2014.
Syntel Q1 Net up 25% at $ 58.1 millionSyntel's revenue rose by 16 per cent to $ 219.5 million in the January-March quarter from $ 189.1 million in the same period last fiscal.
Syntel Q3 revenues up 13 pc at $209.9 millionSyntel, an Indian American owned IT firm based in Michigan, has reported a growth of 13 per cent in revenues to USD 209.9 million in the th...
- Syntel to invest $60-65 million in cloud and mobility this year
"We have increased our capex to $ 60-65 mn for 2013 guidance which is in emerging verticals such as cloud and mobility."
- We have enough gun powder to make an acquisition: Prashant Ranade, Syntel
Close to 90% of Syntel's 18,000 strong workforce is based out of India and 10% are based out of onsite locations such as US.
- Syntel named in GlobalServices 100
Syntel has been named in the GlobalServices 100, a list of the top business and technology outsourcing services provider, for the fifth con...
- Syntel Inc sets up global development centre at $50 mn near Chennai
Global IT services and KPO firm, Syntel Inc has set up its global development centre ( IT SEZ) on 29 acres at Sipcot IT park at Siruseri ne...
- Syntel rated top IT outsourcer on Forbes "200 best small companies" list
Syntel announced on Friday that it is the top-ranked IT outsourcing company on Forbes Magazine's "200 Best Small Companies" list for 2009.
- Syntel scales down hiring plans
Syntel, a Nasdaq-listed company with most of its operations in India, said it is scaling down its hiring plans this year because of the dow...