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SYNTEL TELECOM
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.- Upcoming spectrum auction will be the most one-sided: Suresh Mahadevan, UBS"The entry of Reliance Jio and the competition will massively expand the mobile internet pie and we need to focus on that," said Mahadevan.
- 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...
- 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.
- Rate cuts, budget to be next triggers for markets: Nitin Rakesh, Syntel IncLot of juice left on the banking side given that interest rate cuts will continue to boost the environment, said Rakesh.
- Mid-tier IT shake-up may fire up deal streetMid-size Indian outsourcing companies may have to choose between being acquired and losing their relevance in an increasingly competitive m...
- Nasscom rules out threat from US bill on Indian BPOsIndia’s apex association of IT & BPO companies Nasscom feels US Senator Charles Schumer’s plans to introduce a bill, which looks at taxing ...
- More companies outsource to India nowThe number of clients that are outsourcing their technological requirements has seen an increase in the past few months.
- Global clients increase IT outsourcing to Indian cosThose adopting the outsourcing practice are a handful of small companies located in the US and also some based in continental Europe.
- BPOs eye new geographies, buyouts, innovative strategies to stay afloatEmployees of Headstrong India, were a bit confused, till sometime ago. Even as the company communicated its measures to cut costs like curb...
- Clients want IT vendors to share business risks, tooAs the business environment weathers the trough, clients are pushing vendors to share risks associated with the business. India's best IT s...
- India Inc now wants readymade CEOs!CEOs, CFOs, VPs, group engagement managers and more such top level execs are being hired from IIMs.
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