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VIJU K GEORGE
'RJio entry, Airtel expansion to put pressure on other telcos'Bharti Airtel's Rs 60,000 crore investment plan is a counter to Reliance Jio Infocomm's entry, even as the rising competition will force ot...
iGate's largest investor Apax looking to liquidate stake in firmiGate filed an 'automatic shelf registration' with SEC announcing Apax's desire to have an option to liquidate its stake in the firm.
Wipro to appoint new vertical heads by year-end: SourcesIndia’s third-largest software exporting firm, Wipro, will name some new vertical heads by the year-end, according to two people familiar w...
Analysts' concern: Will Wipro be able to fend off rivals in key accountsThe focus will also be on CEO TK Kurien, who has said that a key measure of his success at Wipro will be hitting the 4 per cent sequential ...
Infosys steps up overseas hiring and training for client-facing executives to improve salesInfosys is stepping up hiring in overseas markets and enhancing training for all client-facing executives as part of a new sales push, exec...
Bharti Infratel proves a better choice for investors than India's telecommunications sectorBharti Infratel will benefit from an expected investment surge as operators are likely to augment their data offerings using the airwaves i...
Infosys exits begin to worry investors; analysts fear exodus will impact biz developmentAs many as 10 top management executives have resigned from Infosys since the Bangalore-based company called Murthy back from retirement.
Shiv Nadar may offload HCL Technologies stake in 'small tranches'Shiv Nadar's 61.75% stake is valued at $11.1 bn, up almost $4.6 bn, as HCL Tech share price more than doubled in the past 12 months.
NR Narayana Murthy drives Infosys ahead; valuation gap between TCS and Infy narrowsValuation gap between TCS and Infy, which was a yawning 35% 6 mths ago, has narrowed to 12.5% since Murthy returned to run the co in June l...
Indian IT companies create more jobs in US than American peersIndian IT companies have a better track record of creating jobs in the US over the past several years compared to their American peers like...
US companies’ IT spend may riseIT spending as a percentage of corporate profits for the US has moderated since 2008 to touch a 6-year low, raising questions as to whether...
Cognizant forecasts at least 17% revenue growth for 2013Cognizant's net income rose 16% to $278.8 mn, or 92 cents per share, in the fourth quarter, from $240.1 mn, or 78 cents per share, a year e...
Q3 results: IT bellwether Infosys may cut revenue guidance yet againAnalysts expect the Bangalore-based company to lower its sales growth forecast for the year to March 2013 to at least 4% from 5% earlier.
- HCL Technologies shares fall on leadership change buzz
HCL Technologies shares plunged 2.75% on BSE as rumours about leadership change spread in a flat market.
- Cognizant guidance, TCS downgrade snap IT rally
Weaker rupee offers no relief; market finally factors in the slowdown in revenue growth of IT cos
- Infosys Q4 guidance dismal: JP Morgan
JP Morgan has retained its neutral rating on Infosys Technologies and set a price target of Rs2,800 citing dismal revenue guidance for the ...
Infosys shortens employees' two weekend breaks to meet revenue growth targetInfosys making its employees work extra hard by shortening two weekend which may mean the company is focussing to meet its growth target.
- IT slowdown? TCS & Cognizant hire in large numbers from campuses!
TCS has hired a record 1755 engineering graduates from Sastra University. Cognizant hired 1820 from Vellore Institute of Technology.
- TCS, Cognizant race ahead of Infosys, Wipro: Brokerage firms
Analysts said the transition period at Infosys and Wipro has given TCS and Cognizant the opportunity to increase their lead.
- Infosys profit misses forecast, stock tanks most in 2 years
Infy shares fell nearly 10%, the most since May 2009, after its sales forecast came in lower than expected and profits trailed analyst expe...